Dow Jones Plunges 845 Points (and Counting) As Inflation "Unexpectedly" Roars Back to 8.3%, a Near Record


Charles V Payne
@cvpayne

Breaking News: CPI number is out!
Inflation hotter than (experts) expected at 8.3% from year ago

Once again Main Street knew the number would be hotter than Wall Street.


Wall Street's leftwing bias causes them to constantly get things wrong.

Stocks fell sharply on Tuesday after a key August inflation report came in hotter than expected, hurting investor optimism for cooling prices and a less aggressive Federal Reserve.

The Dow Jones Industrial Average slid 845 points, or 2.6%. The S&P 500 dropped about 3%, and the Nasdaq Composite sank 3.9%. More than 490 stocks in the S&P 500 fell, with Facebook-parent Meta dropping 7.9% and Caesars Entertainment losing 7.3%.

...

"The velocity of this move has been breathtaking, however the market has recovered substantially off of recent lows. That this 4,000 level is still holding for the S&P 500 does reveal the fact that markets are bothered, but markets are not panicking," said Jeff Kilburg, founder and CEO of KKM Financial.

The August consumer price index report showed a higher-than-expected reading for inflation. Headline inflation rose 0.1% month over month, even with falling gas prices. Core inflation rose 0.6% month over month. On a year-over-year basis, inflation was 8.3%.

Economists surveyed by Dow Jones had been expecting a decline of 0.1% for overall inflation, with a rise of 0.3% for core inflation.

What would we do without Experts?

Are the Democrats celebrating like they did last month? John Ekdahl of the @EkdahlPressOffice offered the spin that if you adjusted the inflation rate for inflation, it actually comes in at zero.

You better believe they're celebrating, Jack!

bidencelebrating.jpg

Update: Wages down 2.8%, too.

Posted by: Ace at 12:23 PM




Comments

(Jump to bottom of page)

1 WOOT!

Posted by: The ARC of History! at September 13, 2022 12:24 PM (I2/tG)

2 Hola

Posted by: Thanatopsis at September 13, 2022 12:24 PM (TgHYU)

3 FJB.
LGB.

Posted by: AZ deplorable moron at September 13, 2022 12:24 PM (SZzOK)

4 rezident retard has some interesting timing.

Posted by: Martini Farmer at September 13, 2022 12:26 PM (BFigT)

5 Morning.

Posted by: Robert at September 13, 2022 12:26 PM (Yr5UN)

6 I don't believe Schlichter's "the worse it gets, the better for us", but I am willing to partially accept that philosophy between now and Election Day.

Posted by: The ARC of History! at September 13, 2022 12:26 PM (I2/tG)

7 Joe's celebrating the Unined States of Gamera, damnit, and you can't stop him.

Posted by: huerfano, stochastic commenter at September 13, 2022 12:26 PM (dTFZY)

8 All going to be blamed on DJT

Posted by: Skip's phone at September 13, 2022 12:26 PM (cTNA/)

9 Inflation reduction my ass !

Posted by: Kim Kardassian at September 13, 2022 12:26 PM (M+Lyo)

10 If we play Biden's stupid games, does that mean the inflation reduction act caused inflation to jump 8% (from "zero")?

Posted by: Simple Stevo at September 13, 2022 12:26 PM (SOV+T)

11 I don't see why everyone is attacking Biden on inflation, he's making every American inflation proof by making sure we don't have any money to begin with!

Posted by: Rbastid at September 13, 2022 12:26 PM (4jhOQ)

12 rezident retard has some interesting timing.

I doubt very much that he remembers signing the "IRA" or even what it is.

Posted by: Archimedes at September 13, 2022 12:27 PM (ayzS/)

13 Hi Ace.

(you really should come to Texas)

Posted by: sharon(willow's apprentice) at September 13, 2022 12:27 PM (Y+l9t)

14
The People's House my hairy ass. Any time someone uses The People or some variation, I wanna reach for my Browning. Commie cocksucker rhetoric.

Posted by: IllTemperedCur at September 13, 2022 12:27 PM (8j3AR)

15 Tonight we're gonna party like it's 1929!

Posted by: JackStraw at September 13, 2022 12:27 PM (ZLI7S)

16 It's out of control. Part of the reason gas prices have stabilized at the slightly lower point is Biden is still raiding the SPR until the November elections. Also, wait until heating bills start rolling in because LNG is being shipped to Europe.

Posted by: WiNO - Amish Vampires in Space at September 13, 2022 12:27 PM (EpDzw)

17 All is well. Inflation is good and we are on the road to prosperity, lets go Brandon.

Posted by: Czech Chick at September 13, 2022 12:27 PM (haWye)

18 where is "plunge" on the "pounce" scale ??

Posted by: REDACTED at September 13, 2022 12:27 PM (us2H3)

19 But I was assured by #Let'sGoAdolf that inflation was 0% ...

Posted by: ShainS -- Go Galt or Go Rome at September 13, 2022 12:27 PM (GezPS)

20 What a fucking maroon!!!

Posted by: Debby Doberman Schultz at September 13, 2022 12:28 PM (a4EWo)

21 Also, just last night thre were multiple articles on Yahoo's main page about how inflation is going down and everything is headed in ther right direction.

Funny how the media gets these things wrong 100% of the time, and always to the benefit of liberals. Almost like all their stories are just made up bs.

Posted by: Rbastid at September 13, 2022 12:28 PM (4jhOQ)

22 where is "plunge" on the "pounce" scale ??

Posted by: REDACTED at September 13, 2022 12:27 PM (us2H3)

--------

Just under "pillage."

Posted by: ShainS -- Go Galt or Go Rome at September 13, 2022 12:28 PM (GezPS)

23 President Putz.

Posted by: LASue at September 13, 2022 12:28 PM (Ed8Zd)

24 Unexpectedly.

Those of y'all not getting ready, I feel sorry for you.

Posted by: SMH at September 13, 2022 12:28 PM (tizKA)

25 Hey the adults are back in charge, what could go wrong?

Posted by: Thomas Bender at September 13, 2022 12:28 PM (etnWI)

26 My son is reading 1984. I don't know if it's a good thing or a bad thing that that novel is more relevant today than it was when it came out.

Posted by: Eddie Baby at September 13, 2022 12:29 PM (wpJDK)

27 Anyone who spends money knows this... In one week for example one thing I buy went up a dollar as did almost everything else....

Posted by: It's me donna at September 13, 2022 12:29 PM (bs+z0)

28 Imagine how bad the symptoms would have been if Biden hadn't given the nation the shot.

Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 12:29 PM (syPV9)

29 Fuck you Joe! - Jap in the jungle


Fuck you Joe! - Gook outside the wire


Fuck you Joe! - Me every day here in America

Posted by: Archer at September 13, 2022 12:29 PM (gmo/4)

30 These idiots thought inflation was going to go *down*? Does the vaccine clot your brain as well as your arteries??

Posted by: Dr. T at September 13, 2022 12:29 PM (bhRsz)

31 Billions spent on bills that are misnomers.

Posted by: BourbonChicken at September 13, 2022 12:29 PM (44ww/)

32 Miss me yet?

Posted by: Herbert Hoover at September 13, 2022 12:29 PM (flINI)

33 Just think how bad it would be if they hadn't passed the boondoggle bill. Maybe 9 percent.

Posted by: Thomas Paine at September 13, 2022 12:29 PM (GDqQm)

34 Posted by: Debby Doberman Schultz at September 13, 2022 12:28 PM (a4EWo)

Hello Debby girl, good to see you during the day hope you are well

Posted by: ... at September 13, 2022 12:29 PM (BXxcV)

35 Inflation was said to be transient.

Living on your sidewalk, pooping on your stoop.

It's a good thing that so many Americans are "resigning themselves to inflation", they can resign themselves to cut-backs when the market panics keep destabilizing the economy, too.

Posted by: Axeman at September 13, 2022 12:30 PM (krQz2)

36 So Joe is celebrating today ?

Posted by: It's me donna at September 13, 2022 12:30 PM (bs+z0)

37 They will tell us it's all from a booming economy and your eyes are deceiving you.

Posted by: Skip's phone at September 13, 2022 12:30 PM (cTNA/)

38 You have to give them credit for the incredible propaganda. It's superb.

Goebbles would blush.

Posted by: AlaBAMA at September 13, 2022 12:30 PM (mZ3xv)

39 Yeah, I'm really celebrating the 25% reduction in my retirement accounts, the increase in grocery prices, gas and utilities.

Posted by: sharon(willow's apprentice) at September 13, 2022 12:30 PM (Y+l9t)

40 4 rezident retard has some interesting timing.
Posted by: Martini Farmer at September 13, 2022 12:26 PM (BFigT)

No, it's like putting a Mentally deranged Transgender in charge of Medicine for the Government...

They are purposefully shoving our faces in crap.

Posted by: Romeo13 at September 13, 2022 12:30 PM (oHd/0)

41 As has been said, people best start taking profits while there are still profits to take, these manias are taking us straight into the side of a mountain.

Posted by: Thomas Bender at September 13, 2022 12:30 PM (etnWI)

42 And the Dow will go up 2000 tomorrow.

Posted by: Cat Ass Trophy, Pennsylvania Dad, Defiant! at September 13, 2022 12:30 PM (t3/qz)

43
I'm really hoping that the metals market catches up to the rate hikes soon. I have some silver I'd like to liquidate. With this inflation, I expect that the price *must* eventually rise to meet it, but for now, I'd be taking a slight loss on it, and that hurts my Jewish bones.

Posted by: Yudhishthira's Dice at September 13, 2022 12:30 PM (oINRc)

44 I don't believe Schlichter's "the worse it gets, the better for us", but I am willing to partially accept that philosophy between now and Election Day.
Posted by: The ARC of History! at September 13, 2022 12:26 PM (I2/tG)


Inflation, schminflation, as long as we get our abortion rights and plenty of wine.

Posted by: Suburban White Women at September 13, 2022 12:31 PM (bhRsz)

45 Hey the adults are back in charge, what could go wrong?
Posted by: Thomas Bender at September 13, 2022 12:28 PM (etnWI)

What's so wrong with cannibalism? It'll save on meat production and reduce global warming!

Posted by: Democrats at September 13, 2022 12:31 PM (Yr5UN)

46 Stocks fell sharply on Tuesday after a key August inflation report came in hotter than expected, hurting investor optimism for cooling prices and a less aggressive Federal Reserve.
++++
That's most of the story. Recessions are often bad for equities, but it's the certainty that the Fed is *not* going to back off of interest rates or start pumping funny money again any time soon that is going to be making people blink.

When there is leverage (that is, debt) involved, higher interest makes whatever it is less manageable. You *have* to sell. It isn't just margin trading, it's all the debt-financed trading that is getting more expensive at an alarming rate. You have to pull out, settle the account, and try to live through it without your face getting ripped off.

Where there is leverage, there will be declines. Stocks, real estate, corporate M&A, etc. will all slow down and likely decline as interest rates stay off of zero or, even worse for them, climb.

Posted by: Joe Mannix (Not a cop!) at September 13, 2022 12:31 PM (t0OGg)

47 So. the Danish have a program where they take young people onto a sailing ship, a 90 footer or so with masts and sails. They teach the youths how to sail and its a special program to keep sailing alive in Denmark and teach the youth some discipline etc.

In the past this has always been boys, because they need toughening up, are strong and hardy enough for the work, etc.

So during fleet week Denmark sent a ship over manned entirely by girls. And, um, it collided with another ship.

Posted by: Christopher R Taylor at September 13, 2022 12:31 PM (Ivdso)

48 Anyone discovered an approximate time when our institutions went to shite? I'm beginning to think it was just after the Soviet Union fell.

Posted by: Brando at September 13, 2022 12:31 PM (5NjYz)

49 But we *all* know it's not really 8.3%...right?

Posted by: Axeman at September 13, 2022 12:31 PM (krQz2)

50 I thought that they had already given up even pretending that Biden's Pork-a-Palooza bill was going to do anything positive for the economy. What gives?

Posted by: Cicero (@cicero43) at September 13, 2022 12:31 PM (guGkK)

51 42 And the Dow will go up 2000 tomorrow.
Posted by: Cat Ass Trophy, Pennsylvania Dad, Defiant! at September 13, 2022 12:30 PM (t3/qz)

Yup... There is no rhyme nor reason

Posted by: It's me donna at September 13, 2022 12:31 PM (bs+z0)

52 16 It's out of control. Part of the reason gas prices have stabilized at the slightly lower point is Biden is still raiding the SPR until the November elections. Also, wait until heating bills start rolling in because LNG is being shipped to Europe.
Posted by: WiNO - Amish Vampires in Space at September 13, 2022 12:27 PM (EpDzw)

Gas prices are down because of a lack of DEMAND, as the economy slows even further.

Posted by: Romeo13 at September 13, 2022 12:31 PM (oHd/0)

53 (we know the real numbers are closer to 40-50%, but let's go with them)

So one dollar in 2021 lost 8% of it's value in 2021.

And then it lost another 8% in 2022.

And we're heading into 2023 at 8%...

Let's celebrate!

Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 12:32 PM (syPV9)

54 it's taking them a spell to put the next Ukraine handout together

like going grocery shopping with Tank Abrams

Posted by: REDACTED at September 13, 2022 12:32 PM (us2H3)

55 The msm is reporting a 0.1% increase. Cuz of course they are.

Posted by: Joe XiDen at September 13, 2022 12:32 PM (IrNVV)

56 Economists surveyed by Dow Jones had been expecting a decline of 0.1% for overall inflation, with a rise of 0.3% for core inflation.
++++
Expecting? Maybe. I'm not in their heads.

I strongly suspect, however, that the correct word is actually "hoping."

Posted by: Joe Mannix (Not a cop!) at September 13, 2022 12:32 PM (t0OGg)

57 The media is pushing Propaganda

Posted by: Skip's phone at September 13, 2022 12:32 PM (cTNA/)

58 "if you adjusted the inflation rate for inflation, it actually comes in at zero."

Can someone explain this fuckery for me, or is it as I suspect?

Posted by: boynsea at September 13, 2022 12:32 PM (cx155)

59 Gas prices are down because of a lack of DEMAND, as the economy slows even further.
Posted by: Romeo13

*

This. People are driving less than they did when there weren't allowed to go anywhere during lockdown. It's incredible to ponder.

Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 12:32 PM (syPV9)

60 We're boned.

Posted by: Bender at September 13, 2022 12:32 PM (JMAcK)

61 Medicated mentholatum ointment is down 5% yoy! Big win for Ben Gay!

Posted by: Cat Ass Trophy, Pennsylvania Dad, Defiant! at September 13, 2022 12:32 PM (t3/qz)

62 50 I thought that they had already given up even pretending that Biden's Pork-a-Palooza bill was going to do anything positive for the economy. What gives?
Posted by: Cicero (@cicero43) at September 13, 2022 12:31 PM (guGkK)


Everyday, they spin the propaganda wheel and whatever lie it lands on, they push to the mouthpieces.

Posted by: AlaBAMA at September 13, 2022 12:32 PM (mZ3xv)

63
Arrest more Ultra MAGAs!

Posted by: Hadrian the Seventh at September 13, 2022 12:32 PM (1Nxff)

64 Its not a problem for the Dems if they lock up all the Republicans running against them.

Posted by: Bete at September 13, 2022 12:33 PM (Tlfom)

65 Joe is celebrating all the graft he collects off trillions of spending on his Green Nude Eel. And his man Podesta will make sure to give China a chuck of the trillions. Keeping China happy is the Biden priority, more graft for the Biden Crime Family ... cha-ching.

Mitch and all the grifters also happy when the money flows through their fingers.

Posted by: illiniwek at September 13, 2022 12:33 PM (Cus5s)

66 So during fleet week Denmark sent a ship over manned entirely by girls. And, um, it collided with another ship.
Posted by: Christopher R Taylor at September 13, 2022 12:31 PM (Ivdso)


Something about the helmswoman and the skiperette not being on speaking terms.

Posted by: Cicero (@cicero43) at September 13, 2022 12:33 PM (guGkK)

67 "if you adjusted the inflation rate for inflation, it actually comes in at zero."

Wait, what??

Posted by: Christopher R Taylor at September 13, 2022 12:33 PM (Ivdso)

68 Potentially sensitive content?

Fuck you.

Posted by: Deplorable Ian Galt at September 13, 2022 12:33 PM (ufFY8)

69 Arrest more Ultra MAGAs!
Posted by: Hadrian the Seventh at September 13, 2022 12:32 PM (1Nxff)
---
The Market Gods are ANGRY!!

Posted by: Axeman at September 13, 2022 12:33 PM (krQz2)

70 Of all the nastiness the commiecrats have done, I think I resent them installing the senile pervert in the WH the most. Clinton and Obama at least managed to come off as personable and reasonably intelligent. They pushed destructive commie policies but one could understand LIVs thinking they were good guys.

But this senile, corrupt pervert? No one wanted him, he won the D nomination because the D voters resigned themselves to "well he has name recognition and that is important" and however many non fake votes he got in November were idiot D voters who were voting against 'that bad orange man'

Posted by: PaleRider is simply irredeemable at September 13, 2022 12:33 PM (3cGpq)

71 I went to Walmart today and spent $115 on things that cost about $85 six months ago. Inflation is not 8.5%.

Posted by: huerfano, stochastic commenter at September 13, 2022 12:33 PM (dTFZY)

72 49 But we *all* know it's not really 8.3%...right?
Posted by: Axeman at September 13, 2022 12:31 PM (krQz2)

it's really 7.5 but we don't want you to get too happy

Posted by: BLS at September 13, 2022 12:33 PM (us2H3)

73 Update: Wages down 2.8%, too.
++++
Remember when real wages for the middle and working classes rose? You know, under Trump? When it happened for the first time in more than a decade?

That was nice.

Posted by: Joe Mannix (Not a cop!) at September 13, 2022 12:33 PM (t0OGg)

74 Imagine how bad the symptoms would have been if Biden hadn't given the nation the shot.

Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 12:29 PM (syPV9)

-----

At least he's gonna unilaterally spend trillions more on his Curing Cancer Moonshot -- so we've got that going for us ...

Posted by: ShainS -- Go Galt or Go Rome at September 13, 2022 12:34 PM (GezPS)

75 It's soothing to see my money disappear because a brain dead president is destroying the American economy.

At this point, I'll be working another thirty years.

Posted by: Wyatt Earp at September 13, 2022 12:34 PM (d2bW3)

76 I will say that the increased inflation hasn't really affected my family's spending habits.

Of course, we spent like misers already, so there isn't much to cut.

Posted by: Formerly Virginian at September 13, 2022 12:34 PM (JMAcK)

77 Anyone discovered an approximate time when our institutions went to shite? I'm beginning to think it was just after the Soviet Union fell.
Posted by: Brando



I had a discussion about this with multiple friends last week. The consensus was mid 90s. About the time the internet took off and social media began.

Posted by: Thomas Paine at September 13, 2022 12:34 PM (GDqQm)

78 Its not a problem for the Dems if they lock up all the Republicans running against them.
Posted by: Bete at September 13, 2022 12:33 PM (Tlfom)
------
Where was that County Commissioner or whatever who was *removed from office* by a Hawaiian judge for being at J6?

That seemed like a good test case for the regime.

It was only like a week or two back.

Posted by: Yudhishthira's Dice at September 13, 2022 12:35 PM (oINRc)

79 I think what they are saying is that if you apply today's inflation numbers to where the dollar in terms of spending power in 1976, then come back to today's dollar while leaving inflation in 1976, it's zero.

No, I didn't show my work.

Posted by: AlaBAMA at September 13, 2022 12:35 PM (mZ3xv)

80 Buy More Stonks!

Posted by: CNBC Talking Heads at September 13, 2022 12:35 PM (YY8Ax)

81 A gang of chimpanzees could have managed the economy better than the Potatohead Posse.

Posted by: Cicero (@cicero43) at September 13, 2022 12:35 PM (guGkK)

82 73 Update: Wages down 2.8%, too.
++++
Remember when real wages for the middle and working classes rose? You know, under Trump? When it happened for the first time in more than a decade?

That was nice.

Posted by: Joe Mannix
---------------------
I believe that the real per capita wages had been declining since the early 70's. Trump was extremely unusual in that and his economics team was top rate regardless of his problems in other areas.

Posted by: whig at September 13, 2022 12:35 PM (CXr4y)

83 The stock market, especially when traded in packages, will always go up and down, and insufferable wise-asses such as myself will always be reminding you that a "portfolio" is supposed to include some of the stuff that balances that. Now, to get that truly pole-axed look (it comes even before the "I was wrong" attitude), consider that a whole bunch of the bonds and things that were always the salvation (or at least the limiter) for careful, non-greedy investors -- have spent this year plunging even harder than the stock market. It's the Biden Touch.

Posted by: Way, Way Downriver at September 13, 2022 12:35 PM (x61Im)

84 Anyone discovered an approximate time when our institutions went to shite? I'm beginning to think it was just after the Soviet Union fell.
Posted by: Brando at September 13, 2022


***
"They" could no longer keep us in fear of nuclear annihilation from the Soviets. They found new ways to keep us shivering under our beds.

Posted by: Wolfus Aurelius at September 13, 2022 12:35 PM (J2vNu)

85 So during fleet week Denmark sent a ship over manned entirely by girls. And, um, it collided with another ship.
Posted by: Christopher R Taylor

Something about the helmswoman and the skiperette not being on speaking terms.
Posted by: Cicero

Unlike men, they stopped to ask directions. Unfortunately, they didn't pull over before stopping.

Posted by: rickb223 at September 13, 2022 12:35 PM (5kCce)

86 I went to Walmart today and spent $115 on things that cost about $85 six months ago. Inflation is not 8.5%.

I think they are playing games with the averaging, and leaving certain things off of their standard report. I know that the main report ignores food and energy prices as being "too volatile" (too immediately responsive to economic pressures).

Posted by: Christopher R Taylor at September 13, 2022 12:35 PM (Ivdso)

87 So during fleet week Denmark sent a ship over manned entirely by girls. And, um, it collided with another ship.
Posted by: Christopher R Taylor at September 13, 2022 12:31 PM (Ivdso)

So what you're saying is they're now fully qualified to sail for the US Navy.

Posted by: Robert at September 13, 2022 12:35 PM (Yr5UN)

88 I thought that they had already given up even pretending that Biden's Pork-a-Palooza bill was going to do anything positive for the economy. What gives?
Posted by: Cicero (@cicero43) at September 13, 2022 12:31 PM (guGkK)

They didn't say they're celebrating the economy. They said they're celebrating the *bill*. Amazing how one can deceive by what is unsaid.

Posted by: ... at September 13, 2022 12:35 PM (BXxcV)

89 My son is reading 1984. I don't know if it's a good thing or a bad thing that that novel is more relevant today than it was when it came out.
Posted by: Eddie Baby at September 13, 2022 12:29 PM (wpJDK)

The version I bought in 2007 had an introduction that dismissed communism and said the book should be read with the view that oppression can come in many forms from society to religion to government.

Posted by: Mishdog at September 13, 2022 12:35 PM (B8UZp)

90 Its not a problem for the Dems if they lock up all the Republicans running against them.
Posted by: Bete at September 13, 2022 12:33 PM (Tlfom)
---
Of all the things that Dems don't remember about the real Nazis, they seem to forget the most how the Nazis are perhaps singular in how they rose to power. They prosecuted people who ran against Nazi candidates and eventually built that into an attempt to ban other parties completely.

Posted by: Axeman at September 13, 2022 12:35 PM (krQz2)

91 Posted by: Yudhishthira's Dice at September 13, 2022 12:30 PM (oINRc)


I'm wishing i invested more heavily in the Lego market. In like 5 years you end up with a 4x return on investment, plus you can build a giant Godzilla in the meantime.

Posted by: Rbastid at September 13, 2022 12:36 PM (4jhOQ)

92 The update is oddly sexy.

Posted by: Robert at September 13, 2022 12:36 PM (Yr5UN)

93 >>>Remember when real wages for the middle and working classes rose? You know, under Trump? When it happened for the first time in more than a decade?

That was nice.

Posted by: Joe Mannix (Not a cop!)


A lot of minority workers saw checks better than they've ever seen, then plenty of them voted for Biden in 2020.

Posted by: Wyatt Earp at September 13, 2022 12:36 PM (d2bW3)

94 -
These idiots thought inflation was going to go *down*?
----
Math is hard.

Posted by: Soviet Harvest Forecasters at September 13, 2022 12:36 PM (SchQD)

95
So during fleet week Denmark sent a ship over manned entirely by girls. And, um, it collided with another ship.
Posted by: Christopher R Taylor at September 13, 2022 12:31 PM (Ivdso)

___________

I can't wrap my Neanderthal brain around the idea of a woman CPO. Do they wash their coffee cups?

Posted by: Hadrian the Seventh at September 13, 2022 12:36 PM (1Nxff)

96 Wall Street's leftwing bias causes them to constantly get things wrong.

=========

If they speak it, it will come true. Their power to shape narratives in the minds of people is the power to invent reality.

Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 12:36 PM (LvTSG)

97 Obama: The country is better off with Biden as president.


Better off that what, Zimbabwe? Venezuela?


Although I suppose the fall party season is off to a fine start on Martha's Vineyard.

Posted by: Ripley at September 13, 2022 12:36 PM (MxEKc)

98 My car insurance is up 40%. With no changes or accidents.

Posted by: AlaBAMA at September 13, 2022 12:36 PM (mZ3xv)

99
Something about the helmswoman and the skiperette not being on speaking terms.
Posted by: Cicero

_________

Spider on the bridge.

Posted by: Hadrian the Seventh at September 13, 2022 12:37 PM (1Nxff)

100 Good. More Please.

Posted by: Hairyback Guy at September 13, 2022 12:37 PM (YScEb)

101 But we *all* know it's not really 8.3%...right?
Posted by: Axeman at September 13, 2022 12:31 PM (krQz2)
++++
That isn't all that important for stories like this one, or for pegging relative movement. If the number is wrong (and it seems to be), as long as it is *consistently* wrong then it is still useful for tracking change over time. You might have the absolute level incorrect, but you can see movement quite clearly even if the underlying figures aren't right. The BLS is fairly consistent with how they do things.

So that the level is likely not correct is not all *that* important for one core purpose of the measurement, which is determining if we are, at a macro scale, better off or worse off, improving or worsening. And even with the faulty measure, it's clear: worse off, worsening.

Posted by: Joe Mannix (Not a cop!) at September 13, 2022 12:37 PM (t0OGg)

102 Where was that County Commissioner or whatever who was *removed from office* by a Hawaiian judge for being at J6?

That seemed like a good test case for the regime.

It was only like a week or two back.

Posted by: Yudhishthira's Dice
-------------
New Mexico. Unlikely to survive court actions because it was a small town state court judge making that decision using Marc Elias lawfare garbage reasoning. By specifically citing the 14th Amendment disqualification clause, the state court opened itself to having the decisions reviewed by federal courts that take a dim view of such things.

Posted by: whig at September 13, 2022 12:37 PM (CXr4y)

103 @63 Hadrian the Seventh-That'll happen after we get done celebrating the Red Wave after November. The FBI/military will have to step in to save democracy between now and November 2024.

Posted by: JROD at September 13, 2022 12:37 PM (0jZnq)

104 I can't wrap my Neanderthal brain around the idea of a woman CPO. Do they wash their coffee cups?

Posted by: Hadrian the Seventh at September 13, 2022 12:36 PM (1Nxff)

Yes, they do... another Naval Tradition that has been done away with.

Posted by: Romeo13 at September 13, 2022 12:38 PM (oHd/0)

105 The real ironic and funny thing is that if you consider where Marx might have correctly guessed the worse excesses of free markets and private ownership, the champions of socialism are peak examples of those evils.

Posted by: Axeman at September 13, 2022 12:38 PM (krQz2)

106 The Market Gods are ANGRY!!
Posted by: Axeman at September 13, 2022 12:33 PM


*sigh*

Posted by: The Gods of the Copybook Headings at September 13, 2022 12:38 PM (4p7Em)

107 Turning and turning in the widening gyre...

Posted by: Mark Andrew Edwards, Buy ammo, food, water at September 13, 2022 12:38 PM (XvPQV)

108 Inflation...how am I spending 160 bucks on groceries when I didn't buy any meat (chicken, beef, pork, or deli meats), no eggs - 5.88 for 18 regular eggs, no booz. Yeah inflation is that low.

Posted by: Mishdog at September 13, 2022 12:38 PM (B8UZp)

109 The up days are not negating the down days. Meaning we get a couple of days of advances that get totally wiped out in the next down turn. We are not even close to where the market was just a few months into Biden's term. This green energy boondoggle is going to keep anything from changing. The longer they cling to this electric car and carbon credit nonosense, the longer it is going to take for things to change. Nothing changes until energy gets cheaper. It affects every part of the economy. It is what makes us prosperous.

Posted by: sharon(willow's apprentice) at September 13, 2022 12:38 PM (Y+l9t)

110 101 So that the level is likely not correct is not all *that* important for one core purpose of the measurement, which is determining if we are, at a macro scale, better off or worse off, improving or worsening. And even with the faulty measure, it's clear: worse off, worsening.
Posted by: Joe Mannix (Not a cop!) at September 13, 2022 12:37 PM (t0OGg)

==========

"This isn't happening, and if it is, it's Trump's fault because Biden and the federal government doesn't have the power to affect inflation one way or another but a private individual with no policy power over the money supply has all the power."
-Paul Krugman, probably.

Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 12:38 PM (LvTSG)

111 My car insurance is up 40%. With no changes or accidents.

Posted by: AlaBAMA


Que? Muchas gracias.

Posted by: rickb223 at September 13, 2022 12:38 PM (5kCce)

112 4 rezident retard has some interesting timing.
Posted by: Martini Farmer at September 13, 2022 12:26 PM (BFigT)


The stupid is stronk in this administration. I think that's our only hope.

Posted by: creeper at September 13, 2022 12:39 PM (cTCuP)

113 I believe that the real per capita wages had been declining since the early 70's. Trump was extremely unusual in that and his economics team was top rate regardless of his problems in other areas.
Posted by: whig at September 13, 2022 12:35 PM (CXr4y)
++++
Yeah, but not in a non-interrupted way. There have been a few quarters here or there of growth. The ten or 15 years before Trump were all decline, though.

Posted by: Joe Mannix (Not a cop!) at September 13, 2022 12:39 PM (t0OGg)

114 Obama: The country is better off with Biden as president.

That is another threat. You have no idea how much he would have screwed us if Trump was pres again. Summer 2020 and Covid would seem quaint

Posted by: Cat Ass Trophy, Pennsylvania Dad, Defiant! at September 13, 2022 12:39 PM (t3/qz)

115
Yes, they do... another Naval Tradition that has been done away with.
Posted by: Romeo13 at September 13, 2022 12:38 PM (oHd/0)

I knew a guy that used the same stir stick everytime. It was a little fuzzy.

Posted by: sniffybigtoe at September 13, 2022 12:39 PM (UuD2k)

116 107 Turning and turning in the widening gyre...
Posted by: Mark Andrew Edwards, Buy ammo, food, water at September 13, 2022 12:38 PM (XvPQV)

========

Twirling, twirling, TWIRLING! towards freedom!

Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 12:39 PM (LvTSG)

117 I know no one likes to hear this but take it from a small business guy with a handful of employees - the demand to raise wages to $15/hr or they all quit is one factor playing into this. You force or demand a business pay wages they can't afford and they have to raise prices to cover for it. Sure, we didn't get it mandated federally but once all big biz jacked them up and inflation went up, all my employees said "raise my wage or I quit." Had to let go of one, had to cave into the others since I couldn't find anyone to fill their spots. Then I've had to raise prices to cover it while earnings are down.

It's not rocket science but it is an inconvenient truth.

Posted by: Citizen Freeman at September 13, 2022 12:39 PM (JU/5h)

118 "if you adjusted the inflation rate for inflation, it actually comes in at zero."

Wait, what??

Posted by: Christopher R Taylor at September 13, 2022 12:33 PM (Ivdso)

-----

If you adjust the national debt for spending beyond your means, it turns out to be zero.

Posted by: ShainS -- Go Galt or Go Rome at September 13, 2022 12:39 PM (GezPS)

119 State wide cost increase in coverage and model car cost increase to replace parts.

Posted by: AlaBAMA at September 13, 2022 12:39 PM (mZ3xv)

120 Remember: There will be no peace until there is a democrat in the WH again.

Posted by: Cat Ass Trophy, Pennsylvania Dad, Defiant! at September 13, 2022 12:39 PM (t3/qz)

121 A mom of four said to me: "Just filling up the bottom of your grocery cart costs you a hundred dollars!"

Posted by: pookysgirl. cringing at the checkout at September 13, 2022 12:39 PM (XKZwp)

122 The Dukes Mayo Inflation Index is up 67% since last year.

Posted by: Chatterbox Mouse at September 13, 2022 12:39 PM (JkeTM)

123 Lol

Actual Headline from Business Insider

“Cardi B is furious about how expensive everything has become”

And yet Ms. B will undoubtedly vote straight D and encourage all her brain dead fans to do the same. Let it all burn baby. Let the whole motherfucker burn.

Posted by: Joe XiDen at September 13, 2022 12:40 PM (IrNVV)

124 So during fleet week Denmark sent a ship over manned entirely by girls. And, um, it collided with another ship.
Posted by: Christopher R Taylor at September 13, 2022 12:31 PM (Ivdso)



And you should see their pathetic attempts at sodomy!

Posted by: Cicero (@cicero43) at September 13, 2022 12:40 PM (guGkK)

125 "So during fleet week Denmark sent a ship over manned entirely by girls. And, um, it collided with another ship."

probably reported as "a ship pulled out in front of the girl ship and was stuck" .... girls have right of way.

Posted by: illiniwek at September 13, 2022 12:40 PM (Cus5s)

126 by the end of 2023, a combination of the fed fund rate and the increase in the National debt will drive the service on that debt to near 2 trillion

that's when things will get sporty

Posted by: REDACTED at September 13, 2022 12:40 PM (us2H3)

127 So during fleet week Denmark sent a ship over manned entirely by girls. And, um, it collided with another ship.
Posted by: Christopher R Taylor

There is a video of it on the USNI News web site. As a bonus the US Navy ship they hit was a LCS - a little crappy ship. Unfortunately the LCS didn't sink.



Posted by: Archer at September 13, 2022 12:40 PM (gmo/4)

128 118 If you adjust the national debt for spending beyond your means, it turns out to be zero.
Posted by: ShainS -- Go Galt or Go Rome at September 13, 2022 12:39 PM (GezPS)

=========

If you close your eyes and fall asleep, the Biden administration is competent.

Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 12:40 PM (LvTSG)

129 To be fair, the Danish ship collided with the US one because of a Tugboat so you can't blame the girls even though its funny

Posted by: Christopher R Taylor at September 13, 2022 12:40 PM (Ivdso)

130 "Remember when real wages for the middle and working classes rose? You know, under Trump? When it happened for the first time in more than a decade?"



I remember companies handing out bonuses and profit sharing after about a year of Trump. That was horrible. Dark days for the country.

Posted by: Ripley at September 13, 2022 12:40 PM (MxEKc)

131 So that the level is likely not correct is not all *that* important for one core purpose of the measurement, which is determining if we are, at a macro scale, better off or worse off, improving or worsening. And even with the faulty measure, it's clear: worse off, worsening.
Posted by: Joe Mannix (Not a cop!) at September 13, 2022 12:37 PM (t0OGg)

But by lowering the number by making it different from how they measured it historically... it allows them to now say 'near record numbers', vice Holy Shit Batman!

It's the same game as they play with new 'climate' records... where they lowered the historic data, to make it 'seem' like a new record!

Posted by: Romeo13 at September 13, 2022 12:40 PM (oHd/0)

132 71 I went to Walmart today and spent $115 on things that cost about $85 six months ago. Inflation is not 8.5%.

Posted by: huerfano
----------------
That is the lie provided by the BLS accounting method. It has been repeatedly tweaked to downplay actual inflation of things that people actually buy via its basket of goods considered for the inflation rate. If I remember correctly, it also allows the substitution of inferior goods now. Been awhile since I used those stats.

Posted by: whig at September 13, 2022 12:40 PM (CXr4y)

133 The longer they cling to this electric car and carbon credit nonosense, the longer it is going to take for things to change.

*

I've got bad news for you. The car companies have made that decision for us already.

You don't have to buy an EV, but that's what they're going to be selling because there's an enormous market for them. Not here, of course, but they intend to sell to that market. And if you want to drive, that's what you'll buy.

Also, communist China says hi.

Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 12:40 PM (syPV9)

134 OT: Three bored 18-year-olds in Portland set a couple of dozen fires in a city park over a number of weeks during peak fire season. The park is surrounded by houses.

Fortunately, none of the fires became major, and fire bureau arson investigators staked out the park and arrested the perps.

At arraignment, Portland's Soros prosecutors dropped charges against one of the perps, and argued that the other two should not have to put up bail, because arson is a "nonviolent" crime.

The perps walked out of the court as free men, without having to put up a dime. Fortunately, the weather changed a couple of days ago, so we are no longer in peak fire season.

You get what you vote for, Portland.

Posted by: The ARC of History! at September 13, 2022 12:40 PM (I2/tG)

135 I can't wrap my Neanderthal brain around the idea of a woman CPO. Do they wash their coffee cups?

Posted by: Hadrian the Seventh at September 13, 2022 12:36 PM (1Nxff)


I remember being about 13 and was helping mom with the dishes. I washed dad's cup. Same coffee cup he'd had from the Navy since 1938.
Boy was I in trouble.

Posted by: Diogenes at September 13, 2022 12:41 PM (RjWOi)

136 123 “Cardi B is furious about how expensive everything has become”

And yet Ms. B will undoubtedly vote straight D and encourage all her brain dead fans to do the same. Let it all burn baby. Let the whole motherfucker burn.
Posted by: Joe XiDen at September 13, 2022 12:40 PM (IrNVV)

========

Of course, because it's the mean big business, that feared Trump and kept prices down because of his tyrannical impulses, taking advantage of poor, helpless Joe Biden.

Vote for Trump. Vote for tyranny against big business.

Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 12:41 PM (LvTSG)

137 Biden also made a record draw from our SPR. Most of that oil went to his masters in China. That emptying of the SPR had a negative impact across the board.

By the way, energy prices will rise again this winter. Oddly, right after the midterms.

Also, the biggest component of inflation in this report? Food.

Posted by: Marcus T at September 13, 2022 12:41 PM (ifHdv)

138 If you close your eyes and fall asleep, the Biden administration is competent.
Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 12:40 PM (LvTSG)
---
My dreams get pretty bizarre, but not that weird...

Posted by: "Perfessor" Squirrel at September 13, 2022 12:41 PM (YIVH2)

139 >>>The Dukes Mayo Inflation Index is up 67% since last year.

Posted by: Chatterbox Mouse

YOU BASTARDS!

Posted by: Wyatt Earp at September 13, 2022 12:41 PM (d2bW3)

140 On the other hand, a ship of Denmark females probably has a lot of cuties on board

Posted by: Skip's phone at September 13, 2022 12:41 PM (cTNA/)

141 At arraignment, Portland's Soros prosecutors dropped charges against one of the perps, and argued that the other two should not have to put up bail, because arson is a "nonviolent" crime.

Translation: they were not white

Posted by: Christopher R Taylor at September 13, 2022 12:41 PM (Ivdso)

142 Right after the post "maybe we want things to get worse"

Posted by: JM in Florida at September 13, 2022 12:41 PM (4liYN)

143 So today we're celebrating.
10% is no small potatoes. Thank you, proles.

Posted by: wth at September 13, 2022 12:41 PM (v0R5T)

144 If you close your eyes and fall asleep, the Biden administration is competent.

Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 12:40 PM (LvTSG)
---
But you have to hit delta sleep before it's convincing.

Posted by: Axeman at September 13, 2022 12:42 PM (krQz2)

145 Greg Price
@greg_price11

Inflation may be crushing your bank account, real wages may still be falling, but don't you worry because Joe Biden is going to take your money to pay the student loans of grad school alums.

Posted by: redridinghood at September 13, 2022 12:42 PM (NpAcC)

146 Why wash a coffee cup? I am just going to fill it with hot coffee again. That will kill the germs.

Posted by: Cat Ass Trophy, Pennsylvania Dad, Defiant! at September 13, 2022 12:42 PM (t3/qz)

147 71 I went to Walmart today and spent $115 on things that cost about $85 six months ago. Inflation is not 8.5%.
Posted by: huerfano, stochastic commenter at September 13, 2022 12:33 PM (dTFZY)

It’s because Walmart’s ceo is greedy dude.
- Twitter

Posted by: Joe XiDen at September 13, 2022 12:42 PM (IrNVV)

148 Medicated mentholatum ointment is down 5% yoy! Big win for Ben Gay!
Posted by: Cat Ass Trophy, Pennsylvania Dad, Defiant! at September 13, 2022


***
They still make that brand? All I could find a few weeks ago was the generic cooling-heating ointment, and the $$$ Voltaren stuff.

Posted by: Wolfus Aurelius at September 13, 2022 12:42 PM (J2vNu)

149 To be fair, the Danish ship collided with the US one because of a Tugboat so you can't blame the girls even though its funny
Posted by: Christopher R Taylor at September 13, 2022 12:40 PM (Ivdso)

The wimmenz didn't want the tugboat job?

Posted by: anchorbabe fashion cop at September 13, 2022 12:42 PM (ufFY8)

150 They're pissing on us and telling us it's raining. What now?

Posted by: President Select Decaf at September 13, 2022 12:42 PM (3JfbU)

151 I really need to make a call for fuel oil when I get home

Posted by: Skip's phone at September 13, 2022 12:42 PM (cTNA/)

152 134 The perps walked out of the court as free men, without having to put up a dime. Fortunately, the weather changed a couple of days ago, so we are no longer in peak fire season.

You get what you vote for, Portland.
Posted by: The ARC of History! at September 13, 2022 12:40 PM (I2/tG)

=========

I had a story idea this weekend.

A man in a Soros-like city has the worst day of his life and murders a bum in anger. He's caught by the police in the act, but let go an hour later. Racked with guilt, he seeks out a priest who tells him his penance must be to turn himself in to the police.

Not quite sure what to do after that, but it feels like a good setup.

Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 12:42 PM (LvTSG)

153 87 So during fleet week Denmark sent a ship over manned entirely by girls. And, um, it collided with another ship.
Posted by: Christopher R Taylor at September 13, 2022 12:31 PM (Ivdso)

So what you're saying is they're now fully qualified to sail for the US Navy.
Posted by: Robert at September 13, 2022 12:35 PM (Yr5UN)

Well, the still need to pass a test on pronouns, cause that is the key to the military being more lethal.

Posted by: Bete at September 13, 2022 12:43 PM (Tlfom)

154
Basically, I do all the shopping because I only buy the stuff on the list. If Her Majesty came with me the bill would be double.

Posted by: Hadrian the Seventh at September 13, 2022 12:43 PM (1Nxff)

155 8% inflation doesn't mean you pay 8% more now and then costs "go back" at some point.

It means your real total wealth has been reduced by 8%. Forever. No different then if Joe Biden wrote a check for 8% of your wealth.

Again, something an opposition party would be talking about...if we had one.

Posted by: 18-1 at September 13, 2022 12:43 PM (ESjRY)

156 sarc...

@zerohedge · 2h
*BIDEN: WILL TAKE MORE TIME, RESOLVE TO BRING INFLATION DOWN
But it was 0% last month???

Posted by: andycanuck (yikp0) at September 13, 2022 12:43 PM (yikp0)

157 But by lowering the number by making it different from how they measured it historically... it allows them to now say 'near record numbers', vice Holy Shit Batman!

It's the same game as they play with new 'climate' records... where they lowered the historic data, to make it 'seem' like a new record!
Posted by: Romeo13 at September 13, 2022 12:40 PM (oHd/0)
++++
Sure. Manipulating the figure or just being willfully wrong in methodology is not a good thing by any means. Too much is tied to it - wages, social security, union contracts, bank interest, etc., etc., etc. My only point is that the understated way they measure it does not make it entirely useless, because relative comparisons are still possible.

Posted by: Joe Mannix (Not a cop!) at September 13, 2022 12:43 PM (t0OGg)

158 had McLame not taken Palin, she would probably be in the senate right now

did Murk sugest to McLame's people that he take her ?

Posted by: REDACTED at September 13, 2022 12:43 PM (us2H3)

159 But think about how much inflation Biden SAVED!

Posted by: Brisco County Sr at September 13, 2022 12:43 PM (+/akC)

160 >>>Inflation may be crushing your bank account, real wages may still be falling, but don't you worry because Joe Biden is going to take your money to pay the student loans of grad school alums.

Posted by: redridinghood


Well, that and our taxes paying for the IRS who will just audit us every year.

Posted by: Wyatt Earp at September 13, 2022 12:43 PM (d2bW3)

161 To be fair, the Danish ship collided with the US one because of a Tugboat so you can't blame the girls even though its funny

Were they trying to parallel park?

Posted by: Archimedes at September 13, 2022 12:43 PM (ayzS/)

162 On the other hand, a ship of Denmark females probably has a lot of cuties on board

Yeah I am sure they are all suntanned blonde honeys.

Posted by: Christopher R Taylor at September 13, 2022 12:44 PM (Ivdso)

163 156 sarc...

@zerohedge · 2h
*BIDEN: WILL TAKE MORE TIME, RESOLVE TO BRING INFLATION DOWN
But it was 0% last month???
Posted by: andycanuck (yikp0) at September 13, 2022 12:43 PM (yikp0)

=========

I thought the inflation reduction act fixed everything. Forrest Gump told me so.

Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 12:44 PM (LvTSG)

164 Translation: they were not white

Translation: they were absolutely white. (The guy who had the charges dropped was Chinese.)

Soros prosecutors approve of crime, no matter what the skin color of the people committing it.

Posted by: The ARC of History! at September 13, 2022 12:44 PM (I2/tG)

165 Inflation...how am I spending 160 bucks on groceries when I didn't buy any meat (chicken, beef, pork, or deli meats), no eggs - 5.88 for 18 regular eggs, no booz. Yeah inflation is that low.

Posted by: Mishdog at September 13, 2022 12:38 PM (B8UZp)

-----

"Just think of the glorious future you have to look forward to, comrade, when your food expenses will approach and then become zero! If you adjusted the inflation rate for starvation, it actually comes in at zero ..."

Posted by: ShainS -- Go Galt or Go Rome at September 13, 2022 12:44 PM (GezPS)

166
The Dukes Mayo Inflation Index is up 67% since last year.

___________

I thought they were trying to corner FCOJ.

Posted by: Hadrian the Seventh at September 13, 2022 12:44 PM (1Nxff)

167 I'm so old that when I was in the Navy, wimmins crewed harbor tugs. That was the only way they could earn sea pay.

Posted by: Archer at September 13, 2022 12:44 PM (gmo/4)

168 Market was up big yesterday. Down big today. It's not fair to report on the big down today without mentioning the big up yesterday. The big up yesterday was too optimistic. The big down today is too pessimistic. I think that over-pessimism will right itself in the coming days. I expect mostly sideways motion for the next few months at least.

Posted by: Elric Blade at September 13, 2022 12:44 PM (iFTx/)

169 A man in a Soros-like city has the worst day of his life and murders a bum in anger. He's caught by the police in the act, but let go an hour later. Racked with guilt, he seeks out a priest who tells him his penance must be to turn himself in to the police.


This story practically cries out for the appearance of a rabbi and a kangaroo.

Posted by: Cicero (@cicero43) at September 13, 2022 12:44 PM (guGkK)

170 I know no one likes to hear this but take it from a small business guy with a handful of employees - the demand to raise wages to $15/hr or they all quit is one factor playing into this.

*

Of course it is. We've been saying it for over a year now. There's a reason Cokes and other grocery products have leveled out to equal roughly the same price in relation to the $15 minimum wage silliness as they cost in relation to the $7.50 or whatever minimum wage.

It's absurd that anyone thought it was going to work any other way. One unit of unskilled, barely useful work is always worth the same value, period. Apparently there was just sufficient money dumped into the economy all at once to let the prices equalize within one year instead of 5-7.

Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 12:44 PM (syPV9)

171 I know we all know this here.. but I find it amazing that people whom I feel are smart people don't notice how projections go one way for one administration then swing the other way for the next... but never an issue.

Posted by: Inogame, non alius regit at September 13, 2022 12:44 PM (53oGX)

172 Portland ME aint no prize

Posted by: REDACTED at September 13, 2022 12:44 PM (us2H3)

173 Was the Danish ship parallel parking?

Posted by: Joe XiDen at September 13, 2022 12:44 PM (IrNVV)

174 Posted by: Citizen Freeman at September 13, 2022 12:39 PM (JU/5h)

It's why many of the big businesses supported raising the minimum wage, and then started raising them on their own.

They do it to destroy smaller businesses who can't pay $15/hr and are then protected from antitrust claims, because they can say they didn't undercut prices to steal business, they just paid a "fair wage"

Once they have zero competition they'll say because of many factors they need to ditch the high minimum wage, and they'll start paying Democrats to reverse the law.

Posted by: Rbastid at September 13, 2022 12:44 PM (4jhOQ)

175 That prediction about the economic crash in two years seems to be off by about 18 months.

Posted by: President Select Decaf at September 13, 2022 12:45 PM (3JfbU)

176 The wimmenz didn't want the tugboat job?

I mean, we don't know what the tugboat pilots self identify as.

Posted by: Christopher R Taylor at September 13, 2022 12:45 PM (Ivdso)

177 What we need is another $3 trillion inflation reduction bill.

Posted by: Cat Ass Trophy, Pennsylvania Dad, Defiant! at September 13, 2022 12:45 PM (t3/qz)

178 126 by the end of 2023, a combination of the fed fund rate and the increase in the National debt will drive the service on that debt to near 2 trillion

that's when things will get sporty

Posted by: REDACTED
-------------------
Right now, as long as the US currency maintains its reserve status, foreigners will support it for a higher yield. EU land is in terrible shape and facing a bad winter. China, ditto. Japan has been running debt levels of 300-400 percent of GDP for awhile now.
We are literally off the map as far as economic history and knowledge goes.

Posted by: whig at September 13, 2022 12:45 PM (CXr4y)

179 Now that the Bidenreich has inflation under control, they can move on to cancer...

Posted by: Axeman at September 13, 2022 12:45 PM (krQz2)

180 #47, to be fair the ship was under control of a Port of Minneapolis pilot and tug boats, not the female crew.

Posted by: OhNoNotTheBees at September 13, 2022 12:45 PM (nKFuZ)

181 A man in a Soros-like city has the worst day of his life and murders a bum in anger. He's caught by the police in the act, but let go an hour later.

Nope - vigilante activity against homeless people is ruthlessly prosecuted in Portland.

Posted by: The ARC of History! at September 13, 2022 12:45 PM (I2/tG)

182 So during fleet week Denmark sent a ship over manned entirely by girls. And, um, it collided with another ship.
Posted by: Christopher R Taylor at September 13, 2022 12:31 PM (Ivdso)


And you should see their pathetic attempts at sodomy!
Posted by: Cicero (@cicero43) at September 13, 2022 12:40 PM


Have they replaced the lash with spanking?

Posted by: RedMindBlueState at September 13, 2022 12:46 PM (4p7Em)

183 We are literally off the map as far as economic history and knowledge goes.
Posted by: whig at September 13, 2022 12:45 PM (CXr4y)
---
"Here there be dragons!"

Posted by: "Perfessor" Squirrel at September 13, 2022 12:46 PM (YIVH2)

184 What we need is another $3 trillion inflation reduction bill.
Posted by: Cat Ass Trophy, Pennsylvania Dad, Defiant! at September 13, 2022 12:45 PM (t3/qz)


We could always throw another $40 billion at Ukraine.

Posted by: Cicero (@cicero43) at September 13, 2022 12:46 PM (guGkK)

185 I know no one likes to hear this but take it from a small business guy with a handful of employees - the demand to raise wages to $15/hr or they all quit is one factor playing into this.


I saw a video where they went to one of the first cities to do this and they talked to some fast food workers.

They were happy to get raises of course, but they couldn't understand why the cost of everything they wanted to buy had also gone up at least as much as their salaries had.

Posted by: 18-1 at September 13, 2022 12:46 PM (ESjRY)

186 155 8% inflation doesn't mean you pay 8% more now and then costs "go back" at some point.

It means your real total wealth has been reduced by 8%. Forever. No different then if Joe Biden wrote a check for 8% of your wealth.

Again, something an opposition party would be talking about...if we had one.

Posted by: 18-1 at September 13, 2022 12:43 PM (ESjRY)

___________

Quoting for truth.

Posted by: Brisco County Sr at September 13, 2022 12:46 PM (+D/b7)

187 >>*BIDEN: WILL TAKE MORE TIME, RESOLVE TO BRING INFLATION DOWN

You know what would help? Let's send more billions to Ukraine!

Posted by: JackStraw at September 13, 2022 12:46 PM (ZLI7S)

188 Don't forgot, while Biden is destroying the US, he's also working on destroying Israel through Iran via nuclear weapons.

Iran has tripled its enrichment over the past year and is fighting any UN inspection of their sites, which means they are taking it beyond just nuclear fuel for power.

Posted by: AlaBAMA at September 13, 2022 12:46 PM (mZ3xv)

189 Posted by: Inogame, non alius regit at September 13, 2022 12:44 PM (53oGX)


They know, they're just paid top say something different.

Posted by: Rbastid at September 13, 2022 12:46 PM (4jhOQ)

190 'Could there be an inverse relationship between Gestapo-inspired search warrants and economic prosperity?

Posted by: Voter theater. at September 13, 2022 12:46 PM (TLedf)

191 Lol...I just posted in the art thread a DU post crowing about Biden's comeback, and how this report would show things are on the menu for a Blue Wave Roevember! https://tinyurl.com/yj88d452. That thread has gone strangely quiet, mostly after this response.

This wasn't a good report Unless "It's not getting worse" is considered a good report.

- Gas prices coming down is a good thing (unless you're in California, where they're up 20 cents in the past week to an average of $5.40).
- Grocery inflation is at 11.1%, the biggest since 1979.
-Rent inflation is at 6.3%, the biggest since 1990 (the monthly increase was 0.7%).
- Medical inflation is at 5.4%, the biggest since 1993.
- Real wages declined in August. They had bumped up a little in July.

It's a pretty picture of the Grand Canyon though. Let's focus on that.
Referencing a picture of the Grand Staircase Esclante/Bear's Ears in Utah(?) the original poster posted, thanking Biden for saving it from Trump's evil drilling plans.

Posted by: Intrepid Democratic Underground AoS Liaison at September 13, 2022 12:46 PM (JCZqz)

192 Thank goodness Twitter was looking out for our delicate sensibilities by putting that content warning on a gif of people celebrating with champagne.

Fucking clowns

Posted by: Buddy at September 13, 2022 12:46 PM (FCbAQ)

193 A mom of four said to me: "Just filling up the bottom of your grocery cart costs you a hundred dollars!"

*

"I'd better vote for Democrats so they can fix this!"

Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 12:46 PM (syPV9)

194 Arrest more Ultra MAGAs!
Posted by: Hadrian the Seventh at September 13, 2022 12:32 PM (1Nxff)
........

Drink moar Michelob Ultra! It's some cheap ass beer.

Posted by: wth at September 13, 2022 12:46 PM (v0R5T)

195 to be fair the ship was under control of a Port of Minneapolis pilot and tug boats, not the female crew.

It was probably the fault of the tugboats yeah, but you cannot pilot a sailing ship with just one person at the wheel, so the girls were involved.

Posted by: Christopher R Taylor at September 13, 2022 12:46 PM (Ivdso)

196 And people around me are blaming this all on Trump, insurrectionists, Big Oil, Big Grocery and those damned greedy businessmen.

Of course, I live in MA, where the majority of the people still wear their slave masks, but I honestly believe more people than you want to think are blaming anyone but Biden.

No 'red wave' ever made is going to help this godforsaken shithole country.

Posted by: Mary Poppins' Practically Perfect Piercing at September 13, 2022 12:46 PM (AW0uW)

197
#47, to be fair

________

Whoa, let's not get carried away there.

Posted by: Hadrian the Seventh at September 13, 2022 12:47 PM (1Nxff)

198 >>>#47, to be fair the ship was under control of a Port of Minneapolis pilot and tug boats, not the female crew.

Posted by: OhNoNotTheBees


Was the pilot a woman? What? Just askin'.

Posted by: Wyatt Earp at September 13, 2022 12:47 PM (d2bW3)

199 SniffyBigToe: "another Naval Tradition that has been done away with."

On my ship. the LTJG inspecting our space in the radio shack condemned our coffee mess as 'unsanitary". The 1st class P.O. bitched at him for having to "wash all the flavor out".

Posted by: boynsea at September 13, 2022 12:47 PM (cx155)

200 Well, that and our taxes paying for the IRS who will just audit us every year.

Posted by: Wyatt Earp at September 13, 2022 12:43 PM (d2bW3)

-----

And the attorney fees, which will likely exceed your tax bill, just to try and prove your innocence and save you from bankruptcy and/or prison.

Lawfare is not just a river in Egypt ...

Posted by: ShainS -- Go Galt or Go Rome at September 13, 2022 12:47 PM (GezPS)

201 167 I'm so old that when I was in the Navy, wimmins crewed harbor tugs. That was the only way they could earn sea pay.

Posted by: Archer at September 13, 2022 12:44 PM

*Looks at old army uniform *
Well hell. This is BS. I didn't get ground pay.

Posted by: Diogenes at September 13, 2022 12:47 PM (RjWOi)

202 In my burg $15 an hour is so 6 months ago. Fast food is now $16 and $17 an hour, according to all the We’re Hiring signs. And still, virtually very restaurant is Drive Thru only because they can’t find enough people.

Oh and on a totally unrelated note a Bic Mac meal is now $11.

Posted by: Joe XiDen at September 13, 2022 12:47 PM (IrNVV)

203 It means your real total wealth has been reduced by 8%. Forever. No different then if Joe Biden wrote a check for 8% of your wealth.

*

Let's pretend it's only 8%.

What's the value of $1 after four years?

Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 12:47 PM (syPV9)

204 Twitter slaps a warning on the video Ace used of two people celebrating, as "Sensitive Content"

Unfrickinreal.

Posted by: Huck Follywood at September 13, 2022 12:47 PM (xRdlL)

205 A man in a Soros-like city has the worst day of his life and murders a bum in anger. He's caught by the police in the act, but let go an hour later.

Nope - vigilante activity against homeless people is ruthlessly prosecuted in Portland.
Posted by: The ARC of History! at September 13, 2022 12:45 PM (I2/tG)
---
Hmmm. That's a good point. If you reverse the protagonist, and make the bum be the killer, who then tries to atone for his crime but is struggling, that might make for a more compelling story.

Posted by: "Perfessor" Squirrel at September 13, 2022 12:47 PM (YIVH2)

206 Iran has tripled its enrichment over the past year and is fighting any UN inspection of their sites, which means they are taking it beyond just nuclear fuel for power.

I'm shocked! Shocked, I tells ya!!

Posted by: Archimedes at September 13, 2022 12:47 PM (ayzS/)

207 I like the way the democrat propagandists are touting the month over month and not the year over year to make Pedo Hitler and his High Command look better.

Posted by: Jukin the Deplorable a Clear and Present Danger at September 13, 2022 12:47 PM (u4CEu)

208 Have they replaced the lash with spanking?

I'm not going to say yes, but they renamed the ship the Castle Anthrax

Posted by: Christopher R Taylor at September 13, 2022 12:47 PM (Ivdso)

209 GOLDCO !!!

Posted by: Maj. Healey at September 13, 2022 12:47 PM (A7urr)

210 John Cooper @thejcoop · 2h
The first tweet from the White House account after the release of disastrous new inflation numbers was about "battery storage."

https://twitter.com/thejcoop/status/
1569693119905517570

@WhiteHouse · 3h
Under President Biden’s Inflation Reduction Act, more folks will benefit from battery storage -- so that we can use clean, cheap, and reliable American made energy any time, day or night.

Posted by: andycanuck (yikp0) at September 13, 2022 12:47 PM (yikp0)

211 >>*BIDEN: WILL TAKE MORE TIME, RESOLVE TO BRING INFLATION DOWN

You know what would help? Let's send more billions to Ukraine!
Posted by: JackStraw at September 13, 2022 12:46 PM (ZLI7S)
........

Maybe some High Speed Rail while we're at it.

Posted by: wth at September 13, 2022 12:48 PM (v0R5T)

212 "Remember when real wages for the middle and working classes rose? You know, under Trump? When it happened for the first time in more than a decade?"
*
I remember companies handing out bonuses and profit sharing after about a year of Trump. That was horrible. Dark days for the country.
Posted by: Ripley at September 13, 2022


***
"Trump just hands out tax cuts for his rich buddies!" barked my BernieBro writing group member in 2018. I riposted: "I'm hardly rich, and I've already seen my taxes go down. How about you?"

He changed the subject.

Posted by: Wolfus Aurelius at September 13, 2022 12:48 PM (J2vNu)

213 Yes, they do... another Naval Tradition that has been done away with.
Posted by: Romeo13 at September 13, 2022 12:38 PM (oHd/0)

I knew a guy that used the same stir stick everytime. It was a little fuzzy.
Posted by: sniffybigtoe at September 13, 2022 12:39 PM (UuD2k)

About 2/3rds of the way through Desert Storm, we got a new E-4 in my division... good kid...

I had split my Techs so we were working 12 on 12 off, and I was working nights... got up one evening, and as I walked into my office, and my Combat Systems Officer (Lt Cmdr we worked for) was there ... something that NEVER happened.

He looked me dead in the eye, and said 'Petty Officer R' stay calm now.... somehow HE had heard that the new crewman had washed my coffee up.

Cracked me up that the 'persona' I played as a crusty First Class SAILOR... one my Division needed... had become so ingrained in the crew after a couple years, that the senior Officers bought it...

Posted by: Romeo13 at September 13, 2022 12:48 PM (oHd/0)

214 Goddammit, Pixy, if you're going to reject my comment at least allow me to fix it.

Fuck it. I'm out.

Posted by: creeper at September 13, 2022 12:48 PM (cTCuP)

215 Market was up big yesterday. Down big today. It's not fair to report on the big down today without mentioning the big up yesterday. The big up yesterday was too optimistic. The big down today is too pessimistic. I think that over-pessimism will right itself in the coming days. I expect mostly sideways motion for the next few months at least.
Posted by: Elric Blade at September 13, 2022 12:44 PM (iFTx/)
++++
Sideways motion is the good outlook. Slow, grinding decline is more likely. Crash is possible but not in the top spot. And my assumption right now is years, not months. The leverage has to be taken out as interest rates rise. Nobody wants to cause a crash, but money is more expensive which means big gains are more expensive and less likely to happen, with slow-motion decline more probably.

Posted by: Joe Mannix (Not a cop!) at September 13, 2022 12:48 PM (t0OGg)

216 Update: Wages down 2.8%, too.

Biden has reduced my income taxes!

Posted by: John Q. Normie at September 13, 2022 12:48 PM (Jg92y)

217 :BIDEN: WILL TAKE MORE TIME, RESOLVE TO BRING INFLATION DOWN "


So another inflation reduction boondoggle. Because the last one was so effective.

Posted by: Ripley at September 13, 2022 12:48 PM (MxEKc)

218 If we did want to undo the results of Biden-flation, you'd have to remove the $5T or however much he printed by reducing federal spending by that much while leaving taxes the same.

Again, if there was an opposition party they would be weekly submitted a bill doing this called the "Biden-flation reduction act."

Though of course for the record economists tend to freak out about deflation.

Posted by: 18-1 at September 13, 2022 12:48 PM (ESjRY)

219 Annually? We meant monthly.

Posted by: BourbonChicken at September 13, 2022 12:49 PM (44ww/)

220 All . On. Purpose.

Posted by: Miss Issippi at September 13, 2022 12:49 PM (sI15f)

221 Have they replaced the lash with spanking?

I'm not going to say yes, but they renamed the ship the Castle Anthrax
Posted by: Christopher R Taylor at September 13, 2022 12:47 PM (Ivdso)

Mojitos, sodomy, and the spanking?

Posted by: anchorbabe fashion cop at September 13, 2022 12:49 PM (ufFY8)

222 In my burg $15 an hour is so 6 months ago. Fast food is now $16 and $17 an hour, according to all the We’re Hiring signs. And still, virtually very restaurant is Drive Thru only because they can’t find enough people.

Here in Fairfax Co., the heart of NoVa, a substitute teacher makes $17 / hour. So we could just go down to the local burger joint and staff up.

Posted by: Archimedes at September 13, 2022 12:49 PM (ayzS/)

223 Let's pretend it's only 8%.

What's the value of $1 after four years?
Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 12:47 PM (syPV9)
===============
$12.76 , after living wage checks from our soon to be passed bill are counted!!

Posted by: Alexexandra Titty-Caca and The American Left at September 13, 2022 12:49 PM (xRdlL)

224 I went to Walmart today and spent $115 on things that cost about $85 six months ago. Inflation is not 8.5%.

Posted by: huerfano, stochastic commenter at September 13, 2022 12:33 PM (dTFZY)
==

The federal junta is admitting food is up 12% so in reality food is up north of 20%. DAMN TRUMP AND SEMI-FASCIST MAGAs!!!

Posted by: Jukin the Deplorable a Clear and Present Danger at September 13, 2022 12:49 PM (u4CEu)

225 >>>And the attorney fees, which will likely exceed your tax bill, just to try and prove your innocence and save you from bankruptcy and/or prison.

Lawfare is not just a river in Egypt ...

Posted by: ShainS -- Go Galt or Go Rome

Absolutely correct. I guarantee most of the audits will be against conservatives, because Democrats never cheat on THEIR taxes...

Posted by: Wyatt Earp at September 13, 2022 12:49 PM (d2bW3)

226 Jive turkey wan dinks.

Posted by: gp Declines 2024 Nomination at September 13, 2022 12:49 PM (24fqN)

227 There are a lot of mechanisms in place to prevent a really big sudden crash, but long decline is possible. Not very likely though, probably lots of ups and downs as the fed pumps money into the stock market to keep it going hot and investors sell to cash in on highs.

Posted by: Christopher R Taylor at September 13, 2022 12:50 PM (Ivdso)

228 Let's pretend it's only 8%.

What's the value of $1 after four years?
Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022


***
About 70 cents

Posted by: Wolfus Aurelius at September 13, 2022 12:50 PM (J2vNu)

229 approximate time when our institutions went to shite?

"Institutions" is never defined in these bleats, but if you mean the political parties, the churches, business, the military and the universities, let's try right after the Civil War, and many would have called it well before that.

Being a Grumpy Grampaw was not just invented.
I also know where the Snows of Yesteryear went.

Posted by: Way, Way Downriver at September 13, 2022 12:50 PM (x61Im)

230 Leftist talking points on inflation oscillates between oh it’s not so bad this is just right wing lies, to yeah it’s bad but it only hurts MAGA trailer trash so who cares.

Posted by: Joe XiDen at September 13, 2022 12:50 PM (IrNVV)

231 Thanks again Biden voters !

Posted by: Brett Baier at September 13, 2022 12:51 PM (YTBIQ)

232 I love how Mushbrain's tweet said he will welcome those to the "People's House," but had no problem throwing dozens and dozens of citizens in jail after being escorted into the Capitol.

F U Biden

Posted by: Wyatt Earp at September 13, 2022 12:51 PM (d2bW3)

233 Why is Trump causing inflation to spike?

Posted by: Squid at September 13, 2022 12:51 PM (CD9lM)

234
How about we celebrate with a spectacular firework display?

Launch Artemis, stat!

Posted by: Krebs v Carnot: Epic Battle of the Cycling Stars (TM) at September 13, 2022 12:51 PM (pNxlR)

235 @WhiteHouse · 3h
Under President Biden’s Inflation Reduction Act, more folks will benefit from battery storage -- so that we can use clean, cheap, and reliable American made energy any time, day or night.

Posted by: andycanuck (yikp0)
===

We make batteries in the USA? I don't think so.

Posted by: Jukin the Deplorable a Clear and Present Danger at September 13, 2022 12:51 PM (u4CEu)

236 With the November change in power in Washington now a foregone conclusion, will Kevin Luntz-McCarthy and War Myrtle feel confident enough to demand the release of all Junta political prisoners?

Haha. No.

Posted by: Huck Follywood at September 13, 2022 12:51 PM (xRdlL)

237 Leftist talking points on inflation oscillates between oh it’s not so bad this is just right wing lies, to yeah it’s bad but it only hurts MAGA trailer trash so who cares.
Posted by: Joe XiDen at September 13, 2022 12:50 PM (IrNVV)
---
Funny how the people too poor to afford a personal ID just vanish at that point.

Posted by: Axeman at September 13, 2022 12:52 PM (krQz2)

238 Funny reply to #210 W.H. battery storage...

steve little @littles1313 · 2h
Replying to @thejcoop and @redsteeze
My four year old was just saying yesterday she really hopes that the battery storage numbers would be really great today.

Posted by: andycanuck (yikp0) at September 13, 2022 12:52 PM (yikp0)

239 @WhiteHouse · 3h
Under President Biden’s Inflation Reduction Act, more folks will benefit from battery storage


LOL.

Idiocracy.

Posted by: Deplorable Ian Galt at September 13, 2022 12:52 PM (ufFY8)

240 One dollar reduced by eight percent per year equals 71 cents after four years.

Posted by: AlaBAMA at September 13, 2022 12:52 PM (mZ3xv)

241 The conservative case for double digit inflation.

Posted by: Joe XiDen at September 13, 2022 12:52 PM (IrNVV)

242 Sideways motion is the good outlook. Slow, grinding decline is more likely. Crash is possible but not in the top spot. And my assumption right now is years, not months. The leverage has to be taken out as interest rates rise. Nobody wants to cause a crash, but money is more expensive which means big gains are more expensive and less likely to happen, with slow-motion decline more probably.
Posted by: Joe Mannix (Not a cop!) at September 13, 2022 12:48 PM (t0OGg)

Stuff with reliable inflation adjusted returns and some fixed rate debt (most corporate debt is fixed rate) will do just fine. There will be de-leveraging over time due to higher rates. It's the rapid money-burning speculative enterprises that will be in a tough spot.

Posted by: Red Turban Someguy - The Republic is already dead! at September 13, 2022 12:53 PM (b2nrj)

243 Posted by: 18-1 at September 13, 2022 12:48 PM (ESjRY)

Fed has kept the M2 money supply pretty static (very slight rise) since January... after increasing it by almost 30% since 2020.

But the new spending really has not hit the Federal Deficit yet, so they didn't need to print more money... yet.

The Deficit Reduction spending really hits over the next few years... most of it is long term spending.

Posted by: Romeo13 at September 13, 2022 12:53 PM (oHd/0)

244 An oddly large number of tools and home/gardening stuff is made in Vietnam these days. Very strange.

Posted by: Christopher R Taylor at September 13, 2022 12:53 PM (Ivdso)

245 Let's pretend it's only 8%.

What's the value of $1 after four years?
Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 12:47 PM (syPV9)
++++
$0.72

But the real problem is that women will only make $0.54 for every $0.72 men make....

Posted by: Joe Mannix (Not a cop!) at September 13, 2022 12:53 PM (t0OGg)

246 >>Absolutely correct. I guarantee most of the audits will be against conservatives, because Democrats never cheat on THEIR taxes...

If Republicans were smart, I said if, they would be running on a platform of defunding Biden's 87,000 new IRS agents.

Posted by: JackStraw at September 13, 2022 12:53 PM (ZLI7S)

247 @WhiteHouse · 3h
Under President Biden’s Inflation Reduction Act, more folks will benefit from battery storage -- so that we can use clean, cheap, and reliable American made energy any time, day or night.


You know what is clean, cheap, reliable, American Made, available 24/7 and does not require megatons of toxic mining?

Posted by: Cat Ass Trophy, Pennsylvania Dad, Defiant! at September 13, 2022 12:53 PM (t3/qz)

248 Why is Trump causing inflation to spike?

Posted by: Squid at September 13, 2022 12:51 PM (CD9lM)
---
Orangeman is bad.

Posted by: Axeman at September 13, 2022 12:53 PM (krQz2)

249 Our illegitimate President is a real douchebag

Posted by: SMOD at September 13, 2022 12:53 PM (RHGPo)

250 A Florida health official, Jason Weida, posted to LinkedIn: “Honored to speak with Matt Sharp at Alliance Defending Freedom about the work we’re doing in Florida to protect kids from experimental medical interventions and to defend parental rights, all thanks to the leadership of Governor [Ron] DeSantis.”

Citing no evidence, Eric P. Bruskin, assistant director of the commercial litigation branch of the Justice Department’s Civil Division, dramatically replied referring to Alliance Defending Freedom: “Jason, this is a hate group. You’re speaking at a conference for a hate group. Are these the beliefs you hold? If so, then it’s time we end our professional association.”

Alliance Defending Freedom is the world’s largest legal organization committed to protecting religious freedom, free speech, the sanctity of life, parental rights, and God’s design for marriage and family.

Posted by: SMOD at September 13, 2022 12:53 PM (RHGPo)

251 We make batteries in the USA? I don't think so.

You'd better let Tesla know.

Posted by: Archimedes at September 13, 2022 12:53 PM (ayzS/)

252 Can someone explain this fuckery for me, or is it as I suspect?
Posted by: boynsea at September 13, 2022 12:32 PM (cx155)


Nope, you got it in one. Full marks, that answer.

Posted by: Kindltot at September 13, 2022 12:53 PM (xhaym)

253 I'm wordless at the mere existence of an "Inflation Reduction Act", the idiocy and ignorance it implies in the populace. And to "celebrate" it when the actual inflation news is disastrous. Beyond wordless.

And I think real household income for the lower income quintiles rose under Trump for the first time since the 80s, and by more than any time since the 60s.

Great job, America!

Posted by: rhomboid at September 13, 2022 12:53 PM (OTzUX)

254 Inflation is hotter than expected, but I'm getting used to it.

Posted by: InZona (formerly InCali) at September 13, 2022 12:53 PM (ep37o)

255 Thanks again Biden voters !

Posted by: Brett Baier
==

You are welcome.

Posted by: Dominion Voting Machines at September 13, 2022 12:54 PM (u4CEu)

256 In my burg $15 an hour is so 6 months ago. Fast food is now $16 and $17 an hour, according to all the We’re Hiring signs. And still, virtually very restaurant is Drive Thru only because they can’t find enough people.

*

Yep. Similar to auto techs just starting out. Except they aren't getting raises. And the people who have been working for 7-10 years and are making $25/hour aren't getting raises, either.

They all got a pay cut. A *massive* pay cut. Every one of us did.

And Republicans are silent.

Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 12:54 PM (syPV9)

257 But the real problem is that women will only make $0.54 for every $0.72 men make....
Posted by: Joe Mannix (Not a cop!) at September 13, 2022 12:53 PM (t0OGg)

I'm sure there's a sarc tag somewhere.

Posted by: AlaBAMA at September 13, 2022 12:54 PM (mZ3xv)

258 "An oddly large number of tools and home/gardening stuff is made in Vietnam these days. Very strange."

They are refoliating.

Posted by: gp Declines 2024 Nomination at September 13, 2022 12:54 PM (24fqN)

259 Yeah, but think about your mortgage! That $200,000 loan will be pocket change in a couple years! Thanks FJB!

Posted by: Cat Ass Trophy, Pennsylvania Dad, Defiant! at September 13, 2022 12:54 PM (t3/qz)

260 231 Thanks again Biden voters !
Posted by: Brett Baier at September 13, 2022 12:51 PM (YTBIQ)

We couldn't have done it without cocksuckers like you, Brett!

Posted by: Biden voters at September 13, 2022 12:54 PM (yvHe0)

261 202 Oh and on a totally unrelated note a Bic Mac meal is now $11.

i realized shit was getting real a bit ago when my local mcdonalds stopped doing $1 any-size drinks.

Posted by: kulak anachronda at September 13, 2022 12:54 PM (sGtp+)

262 So inflation is back in the election calculus, huh?

Posted by: InZona (formerly InCali) at September 13, 2022 12:54 PM (ep37o)

263 @WhiteHouse · 3h
Under President Biden’s Inflation Reduction Act, more folks will benefit from battery storage -- so that we can use clean, cheap, and reliable American made energy any time, day or night.
====================
Thanks Junta.

My bride and I will certainly take your perspective into account this evening when we sit down to work out our budget reductions.

Posted by: Huck Follywood at September 13, 2022 12:54 PM (xRdlL)

264 Remember. It is up 8% over LAST year.

Last year it was high too.

Posted by: Just Lily at September 13, 2022 12:55 PM (wgRpZ)

265
Making money online is more than $15k just by doing simple work from home. I received $18376 last month. It's an easy and simple job to do and its earnings are much better than regular office jobs and even a little child can do this and earn money. Everybody must try this job by just use the info on this page..... www.worksful.com

Posted by: Jessica Robinson at September 13, 2022 12:55 PM (glQ58)

266 168 Market was up big yesterday. Down big today. It's not fair to report on the big down today without mentioning the big up yesterday. The big up yesterday was too optimistic. The big down today is too pessimistic. I think that over-pessimism will right itself in the coming days. I expect mostly sideways motion for the next few months at least.
Posted by: Elric Blade at September 13, 2022 12:44 PM (iFTx/)

Fair point

Posted by: Mark Andrew Edwards, Buy ammo, food, water at September 13, 2022 12:55 PM (XvPQV)

267 Yeah, but not in a non-interrupted way. There have been a few quarters here or there of growth. The ten or 15 years before Trump were all decline, though.

Posted by: Joe Mannix (Not a cop!)
------------------
When doing time series analysis, I normally used yearly figures because too much 'adjustment' noise for quarterly figures. Most of those quarterly rises and falls are under the category of statistical noise.

Detrending quarterly or monthly data for seasonal change was always a bitch and not worth it for the most part--it gave you more data points but less reliable data.

Posted by: whig at September 13, 2022 12:55 PM (CXr4y)

268 The DOW being down five thousand points over the last year has nothing to do with the drooling, child sniffing vegetable squatting behind the Resolute Desk because he shit himself.

Posted by: Office of the Affirmative Action Lesbian at September 13, 2022 12:55 PM (W7Wi6)

269 Telsa gets most of its batteries from Panasonic, not a US company

https://tinyurl.com/w8fkjnv5

Posted by: Christopher R Taylor at September 13, 2022 12:55 PM (Ivdso)

270 Where all these batteries at ?

Posted by: Doyle Hargrave at September 13, 2022 12:55 PM (2cfUo)

271 $21.66 -- the same as in town.

Posted by: andycanuck (yikp0) at September 13, 2022 12:55 PM (yikp0)

272 Jessica is a slut.

Posted by: AlaBAMA at September 13, 2022 12:55 PM (mZ3xv)

273 What's the value of $1 after four years?
Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022
++++
$0.72

But the real problem is that women will only make $0.54 for every $0.72 men make....
Posted by: Joe Mannix (Not a cop!) at September 13, 2022


***
If that were true, companies would hire only women, and their wage costs would be ca. 25% lower. Funny how nobody ever brings that little FACT up.

Posted by: Wolfus Aurelius at September 13, 2022 12:55 PM (J2vNu)

274 Oh and on a totally unrelated note a Bic Mac meal is now $11.

*

The one that was around $5 when minimum wage was $7.50?

Gosh, what a shocking development.

Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 12:55 PM (syPV9)

275 $0.72

But the real problem is that women will only make $0.54 for every $0.72 men make....

Posted by: Joe Mannix (Not a cop!)
===

Golf clap

Posted by: Dominion Voting Machines at September 13, 2022 12:55 PM (u4CEu)

276 Biden administration is expert at achieving the exact opposite results from their "spoken words". Another victory

Posted by: gov't here to help at September 13, 2022 12:55 PM (1+Yy9)

277 Posted by: Joe Mannix (Not a cop!) at September 13, 2022 12:48 PM (t0OGg)

Economy is not expanding, but we continue to export over $400 Billion a year to China, via the trade deficit.

Which they are using to build a Navy.

Posted by: Romeo13 at September 13, 2022 12:55 PM (oHd/0)

278 Jessica Robinson...you're trying to seduce me.

Posted by: Mark Andrew Edwards, Buy ammo, food, water at September 13, 2022 12:56 PM (XvPQV)

279 Posted by: Jessica Robinson at September 13, 2022 12:55 PM (glQ5
---
Ever notice how "Sarah" earns exactly the same amount every month? She doesn't seem to be increasing her gains...Apparently she needs to work on her sales techniques.

Posted by: "Perfessor" Squirrel at September 13, 2022 12:56 PM (YIVH2)

280 Here in Fairfax Co., the heart of NoVa, a substitute teacher makes $17 / hour. So we could just go down to the local burger joint and staff up.
Posted by: Archimedes at September 13, 2022 12:49 PM (ayzS/)
++++
Except that you can't, and this is why soaring wages at the floor flow upward to everything else.

Small-scale example: assume you run a restaurant. You have a dishwasher earning $8/hr and a sous chef earning $12/hour. Minimum wage goes up to $10/hour, so now the dishwasher is earning $10 and the sous chef is still earning $12. The gap between the unskilled labor and the skilled labor shrank from 50% to 25%. The sous chef isn't going to be cool with that, and is going to demand $15 - and he'll get it, or some other restaurant will pay him that or more.

Posted by: Joe Mannix (Not a cop!) at September 13, 2022 12:56 PM (t0OGg)

281 >>DOW being down five thousand points over the last year has nothing to do with the drooling, child sniffing vegetable squatting behind the Resolute Desk because he shit himself.


And. It is still overvalued by at least half.

Posted by: garrett at September 13, 2022 12:56 PM (FExT/)

282 >>>If Republicans were smart, I said if, they would be running on a platform of defunding Biden's 87,000 new IRS agents.

Posted by: JackStraw


I could see Rand Paul, maybe Cruz, Massie... that's about it.

Posted by: Wyatt Earp at September 13, 2022 12:56 PM (d2bW3)

283 Jessica is a slut.
Posted by: AlaBAMA at September 13, 2022


***
Yeah, Jessica, OnlyFans doesn't count.

Posted by: Wolfus Aurelius at September 13, 2022 12:56 PM (J2vNu)

284 Fuck you Joe! - Jap in the jungle


Fuck you Joe! - Gook outside the wire


Fuck you Joe! - Me every day here in America

Posted by: Archer at September 13, 2022 12:29 PM (gmo/4)

Funny shit. lol

Posted by: Berserker-Dragonheads Division at September 13, 2022 12:56 PM (VwHCD)

285 $21.66 -- the same as in town.

Soon...

Posted by: Next month eyeing a new price sticker at September 13, 2022 12:56 PM (ESjRY)

286 Update: Wages down 2.8%, too.
---
Well, at least we're bringing something down.

It's the wrong thing, but it's something.

Biden will just have to point the shrinkemizer at inflation instead.

Posted by: Axeman at September 13, 2022 12:56 PM (krQz2)

287 It. Is. Illegal. To. Pay. Women. Less.

And if it weren't, companies would only hire women.

Posted by: AlaBAMA at September 13, 2022 12:56 PM (mZ3xv)

288 But the real problem is that women will only make $0.54 for every $0.72 men make....

Posted by: Joe Mannix (Not a cop!)
===

they should get their lame asses to town

Posted by: REDACTED at September 13, 2022 12:57 PM (us2H3)

289 i realized shit was getting real a bit ago when my local mcdonalds stopped doing $1 any-size drinks.

*

Same here, except I noticed it at Sams. They went from their huge well-insulated styrofoam cups at the food court to waxed paper cups that are probably 2/3rds or less of the volume.

Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 12:57 PM (syPV9)

290 We're boned.
Posted by: Bender at September 13, 2022 12:32 PM (JMAcK)


Powell doesn't want to lose the Dollar to hyperinflation or by having the rest of the world refuse it as the international debt clearing instrument (everyone uses dollars except for small changes)
Europe doesn't want to lose the Euro and wants the Dollar to inflate
Biden or someone in the administration doesn't want to pay higher rates, and wants to continue to buy votes and stuff gobs of cash into their friends' ample pockets and is forcing the FED to accept the porkulus bills' debt

We are boned, but the question is how boned, and that has to do with how the people with the levers of power start to yank them.

Posted by: Kindltot at September 13, 2022 12:57 PM (xhaym)

291 Well the power never went out here in the Bay Area for me and my air conditioning will actually get a breather for the first time in two weeks. Hasn't stopped running since the heat wave.

Thank You Mirant and Delta Energy for throttling up to accommodate my extra energy usage while them EV phags had to ride the bus. Finally moving my thermostat from "arctic" to 68 degrees!

Posted by: JROD at September 13, 2022 12:57 PM (0jZnq)

292 You know what is clean, cheap, reliable, American Made, available 24/7 and does not require megatons of toxic mining?
Posted by: Cat Ass Trophy, Pennsylvania Dad, Defiant! at September 13, 2022 12:53 PM (t3/qz)
==================
What

Posted by: Rope and Tar Suppliers of America at September 13, 2022 12:57 PM (fkXN8)

293 Telsa?

What about Warrant, or Ratt?

Posted by: Deplorable Ian Galt at September 13, 2022 12:57 PM (ufFY8)

294 @WhiteHouse · 2h
Today, President Biden will celebrate the historic Inflation Reduction Act.

This law will:
- Lower the cost of prescription drugs, health care, and energy
- Combat the climate crisis
- Reduce the deficit
- Make the largest corporations pay their fair share of taxes

Posted by: andycanuck (yikp0) at September 13, 2022 12:57 PM (yikp0)

295 so...like I asked yesterday, when does the Inflation Reduction Act begin to create more inflation. Pretty quickly it turns out.

I guess Biden should amuse himself by SWAT raiding more republicans.

Posted by: sockamster, Aos ShowRunner at September 13, 2022 12:57 PM (OuH7W)

296 There is a new apartment complex by me that opened up. I was curious to see what rent is. I was shocked. 1 bedroom starts at $1700 and goes all the way up to $2500 for the largest 2 bedroom option if you want a garage included. This isn’t anything super luxury or anything. It’s nice but it’s your standard apartment complex.

10 years ago a 2 bedroom similar place could be had for under $1000. I live in a smallish city in flyover. And even here housing costs have gone off the charts.

Wages have obviously not increased at anywhere near the same pace.

Posted by: Joe XiDen at September 13, 2022 12:57 PM (IrNVV)

297 The left then: The government wants to be able to read your library books!

The left now: If you haven't committed any crimes why are you worried about 87K new IRS agents, the government reading your email, and social media companies listening to your phone calls?

Posted by: Next month eyeing a new price sticker at September 13, 2022 12:57 PM (ESjRY)

298 >>>Ever notice how "Sarah" earns exactly the same amount every month? She doesn't seem to be increasing her gains...Apparently she needs to work on her sales techniques.

Posted by: "Perfessor" Squirrel


Sigh, I miss Lace Wigs.

Posted by: Wyatt Earp at September 13, 2022 12:58 PM (d2bW3)

299 294 @WhiteHouse · 2h
Today, President Biden will celebrate the historic Inflation Reduction Act.

This law will:
- Lower the cost of prescription drugs, health care, and energy
- Combat the climate crisis
- Reduce the deficit
- Make the largest corporations pay their fair share of taxes
Posted by: andycanuck (yikp0) at September 13, 2022 12:57 PM (yikp0

None of this is true. At all.

Posted by: AlaBAMA at September 13, 2022 12:58 PM (mZ3xv)

300 You know what is clean, cheap, reliable, American Made, available 24/7 and does not require megatons of toxic mining?

Farm girls?

Posted by: Christopher R Taylor at September 13, 2022 12:58 PM (Ivdso)

301 >>Posted by: Jessica Robinson at September 13, 2022 12:55 PM (glQ5


I'd be more interested if this was Jessica Robbins.

Posted by: garrett at September 13, 2022 12:58 PM (FExT/)

302 Telsa gets most of its batteries from Panasonic, not a US company

Tesla partners with Panasonic. They build the batteries in the US.

As of 2021, Tesla partners with Panasonic for its car battery building. Panasonic also supports the efforts of all battery manufacturing in Tesla’s Gigafactory. The partnership gives Panasonic a significant portion of space in the Gigafactory, which makes transporting Panasonic’s contributions simplified for the overall manufacturing process....The new batteries build out the concept of electric storage. To support this segment the company has built an enormous battery factory (appropriately named a Gigafactory) in the Nevada desert.

Posted by: Archimedes at September 13, 2022 12:58 PM (ayzS/)

303 Sounds like a fucking gold mine, Jessica.

Posted by: wth at September 13, 2022 12:58 PM (v0R5T)

304 @WhiteHouse · 2h
Today, President Biden will celebrate the historic Inflation Reduction Act.
This law will:
- Lower the cost of prescription drugs, health care, and energy
- Combat the climate crisis
- Reduce the deficit
- Make the largest corporations pay their fair share of taxes
***

(reads)
(re-reads)
(ctl+f's "inflation)

Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 12:58 PM (syPV9)

305 "- Lower the cost of prescription drugs, health care, and energy"

lol. The health care component of CPI went up over 23%

Posted by: Marcus T at September 13, 2022 12:58 PM (VpIIl)

306 What would we do without Experts?

You might have a think for yourselves. Fortunately, you have us to tell you what to think.

Posted by: Mika B. at September 13, 2022 12:58 PM (a3Q+t)

307 So, at what point do our overlords start talking about deflation as a solution?

At the guillotine, or at the sentencing hearings?

Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 12:59 PM (LvTSG)

308 Ever notice how "Sarah" earns exactly the same amount every month? She doesn't seem to be increasing her gains...Apparently she needs to work on her sales techniques.
Posted by: "Perfessor" Squirrel at September 13, 2022 12:56 PM (YIVH2)


Maybe she should quit wasting all of her time posting shit on dodgy blogs and tend to her business.

Posted by: Cicero (@cicero43) at September 13, 2022 12:59 PM (guGkK)

309 258 "An oddly large number of tools and home/gardening stuff is made in Vietnam these days. Very strange."

------------------
Often, it is relabeled Chinese shit where a Vietnamese worker puts on a part or something and the product is then shipped out as made in Vietnam. Same stunt was used to circumvent tariffs using NAFTA as a shield. Mexico and Canada were complicit in funneling Chinese goods into the US by means of adding very little to a product's assembly (or likely nothing in many cases) but then shipping it out as made in Mexico or Canada. The new Trump agreement replacing NAFTA made that more difficult to do if enforced. Probably not under China Joe.

Posted by: whig at September 13, 2022 12:59 PM (CXr4y)

310 "You know what is clean, cheap, reliable, American Made, available 24/7 and does not require megatons of toxic mining?"

Clean Coal?

Posted by: gp Declines 2024 Nomination at September 13, 2022 12:59 PM (24fqN)

311 which makes transporting Panasonic’s contributions simplified for the overall manufacturing process

*

Assembled in the U.S.?

Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 12:59 PM (syPV9)

312 Tesla partners with Panasonic. They build the batteries in the US.

The article I linked is from 2021 so its info is date, and it says that they are trying to move more toward producing their own stuff.

Posted by: Christopher R Taylor at September 13, 2022 12:59 PM (Ivdso)

313 FIRST!!!!!

Posted by: Sponge - F*ck Joe Biden at September 13, 2022 12:59 PM (Zz0t1)

314 310 "You know what is clean, cheap, reliable, American Made, available 24/7 and does not require megatons of toxic mining?"

Clean Coal?
Posted by: gp Declines 2024 Nomination at September 13, 2022 12:59 PM (24fqN)

========

The burning of hippies?

Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 01:00 PM (LvTSG)

315 My 401k now does anal. Against it's will. Fuck Joe Biden.

Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:00 PM (Zz0t1)

316 No 'red wave' ever made is going to help this godforsaken shithole country.
Posted by: Mary Poppins' Practically Perfect Piercing at September 13, 2022 12:46 PM (AW0uW)

Ummm..in my opinion a shit**** is a shit****. You know, the place where you dig to squat on the ground to use the bathroom. I'm not squatting on the ground to do that yet. I'm not forced to pick scraps from garbage dumps as they do in some places in India. Do you do either of those things Yes, inflation is high but I'm still able to eat. How about you.?

It's a very corrupt country.
God may have forsaken us, but it's hard to know if it's permament or if we repent, God will restore us. Church Militant has a Catholic guy calling for days of repentance in at Catholic parishes. Can you get whatever parish you attend to do that? I think Protestants should do it as well. I'll find a link.

Posted by: FenelonSpoke at September 13, 2022 01:00 PM (vH/6k)

317 Ipads are designed in the U.S.

Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 01:00 PM (syPV9)

318 Great snark from The Bee.
The new Passover.
Put a Biden sign in your yard and the Feds will pass you by.

Posted by: Diogenes at September 13, 2022 01:00 PM (RjWOi)

319 Assembled in the U.S.?

And yeah, that. A dodge a lot of companies use. Chinese made parts, assembled here, sold as made in USA.

Posted by: Christopher R Taylor at September 13, 2022 01:00 PM (Ivdso)

320 s of 2021, Tesla partners with Panasonic for its car battery building. Panasonic also supports the efforts of all battery manufacturing in Tesla’s Gigafactory. The partnership gives Panasonic a significant portion of space in the Gigafactory, which makes transporting Panasonic’s contributions simplified for the overall manufacturing process....The new batteries build out the concept of electric storage. To support this segment the company has built an enormous battery factory (appropriately named a Gigafactory) in the Nevada desert.

Posted by: Archimedes
----------------
And where does the sub assemblies and parts come from. Panasonic has used China for subassemblies or even complete manufacturing for awhile now.

Posted by: whig at September 13, 2022 01:00 PM (CXr4y)

321 Dearborn University Provost Drives Naked While Masturbating: Police.

https://instapundit.com/542382/

Posted by: Robert at September 13, 2022 01:00 PM (bFcrv)

322 They are 'fixing' inflation by destroying the economy. A recession cools inflation.

Posted by: AlaBAMA at September 13, 2022 01:00 PM (mZ3xv)

323 "If Republicans were smart, I said if, they would be running on a platform of defunding Biden's 87,000 new IRS agents."

Ted Cruz keeps trying to have that added to the platform. The GOP keeps resisting.

Posted by: Marcus T at September 13, 2022 01:00 PM (VpIIl)

324 There was no way to predict that the inflation reduction act was going to have the opposite effect. I mean... it is in the name! Inflation reduction! How could it possibly not work?

Posted by: Cat Ass Trophy, Pennsylvania Dad, Defiant! at September 13, 2022 01:01 PM (t3/qz)

325 Market was up big yesterday. Down big today. It's not fair to report on the big down today without mentioning the big up yesterday. The big up yesterday was too optimistic. The big down today is too pessimistic. I expect mostly sideways motion for the next few months at least.
Posted by: Elric Blade
++++
Sideways motion is the good outlook. Slow, grinding decline is more likely. Crash is possible but not in the top spot. And my assumption right now is years, not months.
++++
The up days have not made any progress. We keep seeing lower lows. Those of us retired looking to those accounts to support our lifestyle and required to take money from these accounts are basically eating our seed corn. I am in a decent position because I had my own accounts. Think of all those municipal and union employees whose accounts are managed. How long before they can no longer pay out benefits?

Posted by: sharon(willow's apprentice) at September 13, 2022 01:01 PM (Y+l9t)

326 and all this is happening despite Biden's desperate attempt to lower gas prices by draining the SPOR

Posted by: sockamster, Aos ShowRunner at September 13, 2022 01:01 PM (OuH7W)

327 Hunter wasn't a degenerate loser when he started uploading home-made porn to the internet, he was just first in setting an early Biden sex-work trend.

Posted by: Huck Follywood at September 13, 2022 01:01 PM (CQhMT)

328 Mitt Romney Urged Biden to Run.

https://instapundit.com/542351/

Posted by: Robert at September 13, 2022 01:01 PM (bFcrv)

329 There was no way to predict that the inflation reduction act was going to have the opposite effect. I mean... it is in the name! Inflation reduction! How could it possibly not work?

*

It should've been an acronym, dammit!

Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 01:01 PM (syPV9)

330 "If Republicans were smart, I said if, they would be running on a platform of defunding Biden's 87,000 new IRS agents."

You can't win an election by promising to put 87000 government workers out of a job!

-GOP

Posted by: Cat Ass Trophy, Pennsylvania Dad, Defiant! at September 13, 2022 01:02 PM (t3/qz)

331 328 Mitt Romney Urged Biden to Run.

https://instapundit.com/542351/
Posted by: Robert at September 13, 2022 01:01 PM (bFcrv)

========

Mitt probably leaked this because he wants to go out in a blaze of glory.

He's not even going to run for re-election next cycle.

Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 01:02 PM (LvTSG)

332
Mitt Romney Urged Biden to Run.

https://instapundit.com/542351/
Posted by: Robert at September 13, 2022 01:01 PM (bFcrv)

Gotta love that good old Uniparty, amirite?

Posted by: Yudhishthira's Dice at September 13, 2022 01:02 PM (oINRc)

333 Stuff with reliable inflation adjusted returns and some fixed rate debt (most corporate debt is fixed rate) will do just fine. There will be de-leveraging over time due to higher rates. It's the rapid money-burning speculative enterprises that will be in a tough spot.
Posted by: Red Turban Someguy - The Republic is already dead! at September 13, 2022 12:53 PM (b2nrj)
++++
In some cases, this is true but in a lot of cases it only appears to be true. Corporate debt is largely fixed, but the cashflow in a lot of zombie corps isn't really there to cover it and it requires refinancing to pay off the last bond. That refinance will be higher, and it will bite those guys hard.

A lot of big corps play the cyclical refinancing game and rode interest rates all the way down, borrowing more and more and more for approximately the same carrying costs.

But that party ends when interest rates rise, and then you're fucked because your carrying costs went up dramatically - even though the instrument was fixed-rate - because you have too much debt and you have to roll it over at the higher rate to keep the lights on.

Posted by: Joe Mannix (Not a cop!) at September 13, 2022 01:02 PM (t0OGg)

334 Are we at Peak Joe Biden yet? Or do we have to wait for the mass roundups of his political enemies, no energy to run the country, mandatory housing of illegal aliens in our single family homes because that's our values, food rationing, reparations funded by confiscation of private wealth, and, and, oh you know the things. At the rate things are going having two eggs for breakfast and a pair of matching socks is going to be living the High Life.

Posted by: Lost In Space at September 13, 2022 01:02 PM (XzBgg)

335 313 FIRST!!!!!
Posted by: Sponge - F*ck Joe Biden at September 13, 2022 12:59 PM (Zz0t1)

Bam!

Posted by: Mark Andrew Edwards, Buy ammo, food, water at September 13, 2022 01:02 PM (XvPQV)

336 Biden's greatest strengh is seemingly unending tolerance to his own piss during a wind storm

Posted by: REDACTED at September 13, 2022 01:02 PM (us2H3)

337 "The numbers are in, Mr. President. 8.3% inflation and 2.8% lower wages this month."

The Biden administration: pic.twitter.com/t8HbL7dWIn

- Aldous Huxley's Ghost (@AF632) September 13, 2022



Age restricted, but I can only imagine.

The problem is, there's 48% of America that buys into the LIES LIES LIES that the left keeps spewing because they're sheep being led to the slaughter and are too stupid to realize it.

Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:02 PM (Zz0t1)

338
Well, obviously Putin has put in a request with the Climate Change gods to spoil Joe Biden's month. Otherwise, he'd have a lot more 11 year olds to fondle.

Posted by: Sphynx at September 13, 2022 01:02 PM (P6qMv)

339 >> Market was up big yesterday. Down big today. It's not fair to report on the big down today without mentioning the big up yesterday. The big up yesterday was too optimistic. The big down today is too pessimistic.


The market is a shell game being played on the surface of a soap bubble at this point.

Posted by: garrett at September 13, 2022 01:02 PM (FExT/)

340 316 link-A win for prayer in AZ:

https://tinyurl.com/2np3rhrs

Posted by: FenelonSpoke at September 13, 2022 01:02 PM (vH/6k)

341
Mr. Inflation to Mr. Wages: Bro!, Do you even lift?

Posted by: Guy Mohawk at September 13, 2022 01:02 PM (r1R+H)

342 @WhiteHouse · 2h
Today, President Biden will celebrate the historic Inflation Reduction Act.
This law will:
- Lower the cost of prescription drugs, health care, and energy
- Combat the climate crisis
- Reduce the deficit
- Make the largest corporations pay their fair share of taxes
==
It won't lower the cost of prescription drugs.
It will increase the price of gasoline, electricity, and natural gas.
It will increase the deficit.
AND
It will increase the price of goods Americans buy also known as inflation.

Posted by: Jukin the Deplorable a Clear and Present Danger at September 13, 2022 01:03 PM (u4CEu)

343 Same here, except I noticed it at Sams. They went from their huge well-insulated styrofoam cups at the food court to waxed paper cups that are probably 2/3rds or less of the volume.
Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 12:57 PM (syPV9)

They had bacon on sale at me grocery store, so I bought a package...

Cooked it and suddenly realized that what I thought was LBs. of Bacon, was 12 ounces.

But it was on sale for 10% off!

Posted by: Romeo13 at September 13, 2022 01:03 PM (oHd/0)

344
Bam!
Posted by: Mark Andrew Edwards, Buy ammo, food, water at September 13, 2022 01:02 PM (XvPQV)



It's good to be king.

Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:03 PM (Zz0t1)

345 When you're ready, I'm tanned and rested.

Posted by: Jeb! at September 13, 2022 01:03 PM (a3Q+t)

346 No 'red wave' ever made is going to help this godforsaken shithole country.

Yeah, that's why I don't care much if there's going to be a red wave or not, or what size it is or whatever. Things are not going to change for the better even if Republicans take a supermajority in both houses. Because the Republican leadership does not WANT the change, they like how things are, and are corrupt and worthless.

Also, even if many of the new members of congress are more sane and MAGA, it won't matter because unless your name rhymes with Bitt Womney, new members of congress have zero power and have no control whatsoever over the direction of things in congress.

Posted by: Christopher R Taylor at September 13, 2022 01:03 PM (Ivdso)

347 268 The DOW being down five thousand points over the last year has nothing to do with the drooling, child sniffing vegetable squatting behind the Resolute Desk because he shit himself.

the dow is secure. what we have is a broken investment system that we've asked congress to reform.

Posted by: camel, a at September 13, 2022 01:03 PM (sGtp+)

348 296 There is a new apartment complex by me that opened up. I was curious to see what rent is. I was shocked. 1 bedroom starts at $1700 and goes all the way up to $2500 for the largest 2 bedroom option if you want a garage included. This isn’t anything super luxury or anything. It’s nice but it’s your standard apartment complex.

10 years ago a 2 bedroom similar place could be had for under $1000. I live in a smallish city in flyover. And even here housing costs have gone off the charts.

Wages have obviously not increased at anywhere near the same pace.
Posted by: Joe XiDen at September 13, 2022 12:57 PM (IrNVV)
___________________

Depends on who's wages you are looking at. Overall, wages are down, but there are a lot of people doing really well -- even better than they were before. Rental prices are going through the roof. Take a look at what a 2BR rents for in Manhattan. That's based on a number of factors, but one of them is that lots of people have lots of money to spend.

Posted by: Elric Blade at September 13, 2022 01:03 PM (iFTx/)

349 296 There is a new apartment complex by me that opened up. I was curious to see what rent is. I was shocked. 1 bedroom starts at $1700 and goes all the way up to $2500 for the largest 2 bedroom option if you want a garage included. This isn’t anything super luxury or anything. It’s nice but it’s your standard apartment complex.

10 years ago a 2 bedroom similar place could be had for under $1000. I live in a smallish city in flyover. And even here housing costs have gone off the charts.

Wages have obviously not increased at anywhere near the same pace. Posted by: Joe XiDen
-------------------
High rents are used for price discrimination against people likely to tear up units and/or commit petty street crimes. Same as neighborhoods with a gate and HOA. Compliance costs run off lower income renters or buyers.

Posted by: whig at September 13, 2022 01:03 PM (CXr4y)

350 337 Age restricted, but I can only imagine.

The problem is, there's 48% of America that buys into the LIES LIES LIES that the left keeps spewing because they're sheep being led to the slaughter and are too stupid to realize it.
Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:02 PM (Zz0t1)

========

It's a gif from How I Met Your Mother of two characters dancing on a bed and shooting champagne from a bottle.

So, you know, mildly suggestive which we can't have exposed to the people. Now, I have to get back to work drawing graphic sex images for children's books that will be required reading in kindergarten.

Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 01:03 PM (LvTSG)

351 Sunny McSunnyface @sunnyright
“Prices have essentially been flat”

I’m sorry what

[JPG of "Biden" statement about "This is fine."]

https://twitter.com/sunnyright/status/
1569688093094969346

Posted by: andycanuck (yikp0) at September 13, 2022 01:03 PM (yikp0)

352 The real ironic and funny thing is that if you consider where Marx might have correctly guessed the worse excesses of free markets and private ownership, the champions of socialism are peak examples of those evils.
Posted by: Axeman at September 13, 2022 12:38 PM (krQz2)


The first great irony of Marx is that he was using obsolete models of what drives an economy and sets price. He was using Ricardo's theory of labor to set prices when Menger and Jevons had already set out the theory of Marginal Utility

The second was that agglomerations of great wealth caused great injustice against the individual worker, but the solution was to make even greater agglomeration of power and influence that would somehow not look to its own aggrandizement and instead help the worker.
He essentially posits that "under capitalism man preys upon his fellow man: under Socialism this will be reversed"

Posted by: Kindltot at September 13, 2022 01:04 PM (xhaym)

353 Did anyone explain the Ekdahl thing to the asker (I won't say "newb" John's been gone a long time). It's a joke. He was a long ago COB and friend of the blog/ace. He's Twitter famous now and ace still sometimes posts him here.

Posted by: Farmer Bob at September 13, 2022 01:04 PM (xDian)

354 Jessica is a slut.
Posted by: AlaBAMA at September 13, 2022 12:55 PM


She was just drawn that way!

Posted by: RedMindBlueState at September 13, 2022 01:04 PM (4p7Em)

355 Experts aren't unexpectedly wrong. Experts are expectedly lying.

Posted by: davidt at September 13, 2022 01:04 PM (oTZbj)

356 Throwing Mitch out on his ass would be a good vote-based start.

Posted by: Axeman at September 13, 2022 01:04 PM (krQz2)

357 "If Republicans were smart, I said if, they would be running on a platform of defunding Biden's 87,000 new IRS agents."
*
You can't win an election by promising to put 87000 government workers out of a job!

-GOP
Posted by: Cat Ass Trophy, Pennsylvania Dad, Defiant! at September 13, 2022


***
To which Cruz should reply: "They don't HAVE those jobs yet!"

Posted by: Wolfus Aurelius at September 13, 2022 01:04 PM (J2vNu)

358 tinyurl.com/ycksxbnm The Joe Biden Economy is Good!

Posted by: jeff at September 13, 2022 01:04 PM (pvt9V)

359 What were Jews called in ghettoes who assisted Nazis in exchange for better treatment? That’s who the GOPe is now. As long as the 87k new armed IRS agents don’t bother them they’re cool with it.

Posted by: Joe XiDen at September 13, 2022 01:04 PM (IrNVV)

360 Dearborn University Provost Drives Naked While Masturbating: Police.

https://instapundit.com/542382/
Posted by: Robert at September 13, 2022 01:00 PM (bFcrv)

"Hey, motherfucker, why are you naked?"

OMG, that is hilarious.
Once again, Detroit area libtards representing...

Posted by: Deplorable Ian Galt at September 13, 2022 01:04 PM (ufFY8)

361 Tesla is opening a new battery and battery component factory in Tx, in addition to the Gigafactory in NV. It is just inaccurate to say they don't build batteries in the US.

https://tinyurl.com/5h4y9pxb

Posted by: Archimedes at September 13, 2022 01:04 PM (ayzS/)

362 The problem is, there's 48% of America that buys into the LIES LIES LIES that the left keeps spewing because they're sheep being led to the slaughter and are too stupid to realize it.
Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:02 PM (Zz0t1)

Clearly this is the fault of Ultra Maga Fascists, who want to tank the economy to make President for Life Biden, look bad!

Posted by: Romeo13 at September 13, 2022 01:04 PM (oHd/0)

363 I wash my coffee mug with vodka every other evening. I figure that takes care of all the germs.

Posted by: Mishdog at September 13, 2022 01:04 PM (B8UZp)

364 You know what is clean, cheap, reliable, American Made, available 24/7 and does not require megatons of toxic mining?

Farm girls?
Posted by: Christopher R Taylor at September 13, 2022 12:58 PM (Ivdso)
++++
Last time I checked, diamonds tick *none* of those boxes, and you're gonna need 'em...

Posted by: Joe Mannix (Not a cop!) at September 13, 2022 01:05 PM (t0OGg)

365 You're probably looking at a 100bps increase by the Fed. I don't see how any of this is good for equities. Corporate earnings are decreasing. Layoffs are starting in certain sectors. The cost of everyday things that people need is increasing, in fact this report blew that out. Energy prices decreased, but that's temporary. They will rise again this winter when people can least afford it. We're in a solid recession going into Q1 next year.

Posted by: Marcus T at September 13, 2022 01:05 PM (VpIIl)

366
Throwing Mitch out on his ass would be a good vote-based start.
Posted by: Axeman at September 13, 2022 01:04 PM (krQz2)

The Pork King of Kentucky?

Not. A. Chance.

Posted by: Yudhishthira's Dice at September 13, 2022 01:05 PM (oINRc)

367 Mitt Romney Urged Biden to Run.

https://instapundit.com/542351/
Posted by: Robert at September 13, 2022 01:01 PM (bFcrv)
===

The senate is not 50-50. The senate is 55-45 democrat.

Posted by: Jukin the Deplorable a Clear and Present Danger at September 13, 2022 01:05 PM (u4CEu)

368 >>>Mitt Romney Urged Biden to Run.

https://instapundit.com/542351/

Posted by: Robert


F Joe Biden, and F Mittens

Posted by: Wyatt Earp at September 13, 2022 01:05 PM (d2bW3)

369 359 What were Jews called in ghettoes who assisted Nazis in exchange for better treatment? That’s who the GOPe is now. As long as the 87k new armed IRS agents don’t bother them they’re cool with it.
Posted by: Joe XiDen at September 13, 2022 01:04 PM (IrNVV)

I call them Vichy GOPe! It SINGS!

Posted by: Romeo13 at September 13, 2022 01:06 PM (oHd/0)

370 366 The Pork King of Kentucky?

Not. A. Chance.
Posted by: Yudhishthira's Dice at September 13, 2022 01:05 PM (oINRc)

========

The year to get rid of him was 2020.

Mitch won his primary by 76%.

Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 01:06 PM (LvTSG)

371 Dearborn University Provost Drives Naked While Masturbating: Police.

https://instapundit.com/542382/
Posted by: Robert at September 13, 2022 01:00 PM


I'm currently sitting in the union building on the campus of Washington State University. Looking around I do not expect anything quite so dramatic. That said, there are some cuties here.

Posted by: Diogenes at September 13, 2022 01:06 PM (RjWOi)

372 @WhiteHouse · 2h
Today, President Biden will celebrate the historic Inflation Reduction Act.
This law will:
- Lower the cost of prescription drugs, health care, and energy
- Combat the climate crisis
- Reduce the deficit
- Make the largest corporations pay their fair share of taxes
==

When the junta sets out to "help" it would be nice if they at least sent you some KY for the announcement.

Posted by: Huck Follywood at September 13, 2022 01:06 PM (CQhMT)

373 @WhiteHouse · 2h
Today, President Biden will celebrate the historic Inflation Reduction Act.
This law will:
- Lower the cost of prescription drugs, health care, and energy
- Combat the climate crisis
- Reduce the deficit
- Make the largest corporations pay their fair share of taxes
.........

LETS PARTY!

Posted by: wth at September 13, 2022 01:06 PM (v0R5T)

374 Dearborn University Provost Drives Naked While Masturbating

That's said like it's a bad thing.

Posted by: J. Toobin at September 13, 2022 01:06 PM (a3Q+t)

375 >> Tesla is opening a new battery and battery component factory in Tx, in addition to the Gigafactory in NV. It is just inaccurate to say they don't build batteries in the US.


Well. Until they DO make batteries in the US, it is exctly accurate.

Posted by: garrett at September 13, 2022 01:06 PM (FExT/)

376 Dearborn University Provost Drives Naked While Masturbating: Police.

https://instapundit.com/542382/
Posted by: Robert at September 13, 2022 01:00 PM (bFcrv)
===

I don't see a problem with that.

Posted by: Jeffy Toobin at September 13, 2022 01:07 PM (u4CEu)

377 >>>We're in a solid recession going into Q1 next year.

Posted by: Marcus T


Considering the "president*" I expect a depression by the end of 2023, if not sooner.

Posted by: Wyatt Earp at September 13, 2022 01:07 PM (d2bW3)

378 Dearborn University Provost Drives Naked While Masturbating

That's said like it's a bad thing.
Posted by: J. Toobin at September 13, 2022 01:06 PM (a3Q+t)

***

HAH!

Posted by: P W Herman at September 13, 2022 01:07 PM (flINI)

379 Mitch won his primary by 76%.

I am truly baffled by this. How states will keep re-electing scumbags in the face of all proof that they are awful. Why? "He's got power!" Yeah, that's the damned problem.

Posted by: Christopher R Taylor at September 13, 2022 01:07 PM (Ivdso)

380 High rents are used for price discrimination against people likely to tear up units and/or commit petty street crimes. Same as neighborhoods with a gate and HOA. Compliance costs run off lower income renters or buyers.
Posted by: whig at September 13, 2022


***
They also discriminate against people like me: the sort of responsible, quiet renter every landlord dreams of, but who doesn't want to (or can't) spend 3/4 of his monthly income for shelter.

Posted by: Wolfus Aurelius at September 13, 2022 01:07 PM (J2vNu)

381 When will Mitt Romney run for 'Far Right' President of Sweden?

Posted by: Maj. Healey at September 13, 2022 01:07 PM (A7urr)

382 365 You're probably looking at a 100bps increase by the Fed. I don't see how any of this is good for equities. Corporate earnings are decreasing. Layoffs are starting in certain sectors. The cost of everyday things that people need is increasing, in fact this report blew that out. Energy prices decreased, but that's temporary. They will rise again this winter when people can least afford it. We're in a solid recession going into Q1 next year.
Posted by: Marcus T at September 13, 2022 01:05 PM (VpIIl)

More, it significantly adds to the Federal debt, as they have to pay for interest... which leads to the Fed printing money to cover said debt, which increases inflation.

We are seeing the logical conclusion of Keynesian Economics.

Posted by: Romeo13 at September 13, 2022 01:08 PM (oHd/0)

383 Well. Until they DO make batteries in the US, it is exctly accurate.

Yeah, I was gonna say... also, are they made here or assembled from parts made in Japan?

Posted by: Christopher R Taylor at September 13, 2022 01:08 PM (Ivdso)

384 >>And where does the sub assemblies and parts come from. Panasonic has used China for subassemblies or even complete manufacturing for awhile now.

No matter where they are ultimately assembled the vast majority of the raw materials come either from China or from Chinese owned assets. One of the deals Hunter helped the CCP with through Bohaii Harvest was one of the biggest cobalt mines in the world in Congo.

Posted by: JackStraw at September 13, 2022 01:08 PM (ZLI7S)

385 I'm down for "the worse, the better" at this point. Well past "let it burn".

Posted by: Hawkpilot at September 13, 2022 01:08 PM (xEJxo)

386 Inflation 8.3%. Joe Biden is asshoe.

Posted by: Lost In Space at September 13, 2022 01:08 PM (XzBgg)

387 >>Mitch won his primary by 76%.

Yes he did.

Posted by: Dominion at September 13, 2022 01:08 PM (A7urr)

388 haven't notice a huge spike in Yoohoos and Pork Rinds ?

Posted by: TANK at September 13, 2022 01:09 PM (us2H3)

389
In some kind of fantasy world, I suppose it might be theoretically possible to remove Mitch McConnell from his leadership position. But he will certainly die or retire before that ever happens.

As long as he can keep the yuuuge river of spice flowing into KY (and he can as long he remains a Democrat in good standing), he's totally safe.

Posted by: Yudhishthira's Dice at September 13, 2022 01:09 PM (oINRc)

390 I am truly baffled by this. How states will keep re-electing scumbags in the face of all proof that they are awful.

Especially in a primary.

I'd love to see interviews with these people...who they are...and why they choose what they did.

Posted by: 18-1 at September 13, 2022 01:09 PM (ESjRY)

391 He was using Ricardo's theory of labor to set prices when Menger and Jevons had already set out the theory of Marginal Utility

Posted by: Kindltot at September 13, 2022 01:04 PM (xhaym)
---
Wait. So Ricardo is the idiot who thought up the "Labor Theory of Value"?

But then again, perhaps it still had a demand/scarcity-based element that Marx denied.

Even Locke denied that a "sweat equity" allowed one person to sweep up all the apples and let the ones he didn't eat rot in his cellar.

Posted by: Axeman at September 13, 2022 01:09 PM (krQz2)

392 Posted by: Diogenes at September 13, 2022 01:00 PM (RjWO

That is very funny.

Posted by: FenelonSpoke at September 13, 2022 01:09 PM (vH/6k)

393 379 Mitch won his primary by 76%.

I am truly baffled by this. How states will keep re-electing scumbags in the face of all proof that they are awful. Why? "He's got power!" Yeah, that's the damned problem.
Posted by: Christopher R Taylor at September 13, 2022 01:07 PM (Ivdso)

===========

Because Mitch learned how to consolidate his power.

As leader, he is able to get a lot of federal carveouts for KY into omnibus bills. His constituent services is probably second to none ("He helped my mom sort out her medicare issues, so I can't vote against him."). He's the top of the heap within the state politically with every GOPe wannabe at that level sucking up to him.

He is a power center, and it creates an environment where challenging him is pretty much impossible. He's built up too strong and varied a defensive bulwark against challengers.

Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 01:09 PM (LvTSG)

394 @WhiteHouse · 2h
Today, President Biden will celebrate the historic Inflation Reduction Act.
This law will:
- Lower the cost of prescription drugs, health care, and energy
- Combat the climate crisis
- Reduce the deficit
- Make the largest corporations pay their fair share of taxes
==



It will do none of these things.

- - The Narrator

Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:09 PM (Zz0t1)

395 Tesla is opening a new battery and battery component factory in Tx, in addition to the Gigafactory in NV. It is just inaccurate to say they don't build batteries in the US.


Well. Until they DO make batteries in the US, it is exctly accurate.

Posted by: garrett at September 13, 2022 01:06 PM (FExT/)
===

JUKIN International is thinking about making batteries in South Dakota. So the USA has that going for it.

Posted by: Jukin the Deplorable and Totally Unserious at September 13, 2022 01:09 PM (u4CEu)

396 They hell with batteries. Where's the di-lithium crystals?

Posted by: Archer at September 13, 2022 01:09 PM (gmo/4)

397 Dan Crenshaw is hosting a "Whiskey and Politics" event later this month and the Special Guest Speaker will be...

Whaddya know--Bill Barr.

Posted by: IrishEi at September 13, 2022 01:09 PM (3ImbR)

398 He was a long ago COB and friend of the blog/ace. He's Twitter famous now and ace still sometimes posts him here.
Posted by: Farmer Bob at September 13, 2022 01:04 PM


So there is a career path here?

Posted by: J. Random Moron at September 13, 2022 01:09 PM (a3Q+t)

399 Rail strike is puckering some sphincters. Except for that of the DOT Secretary.

Posted by: InkMiser at September 13, 2022 01:10 PM (jxPI0)

400 390 I'd love to see interviews with these people...who they are...and why they choose what they did.
Posted by: 18-1 at September 13, 2022 01:09 PM (ESjRY)

========

There would be a whole lot of, "He's good for Kentucky."

Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 01:10 PM (LvTSG)

401 The up days have not made any progress. We keep seeing lower lows. Those of us retired looking to those accounts to support our lifestyle and required to take money from these accounts are basically eating our seed corn. I am in a decent position because I had my own accounts. Think of all those municipal and union employees whose accounts are managed. How long before they can no longer pay out benefits? Posted by: sharon(willow's apprentice)
-----------------------
You will see a return to work by elders until you are unable physically to do so anymore or charity from family/kindness of strangers.

Posted by: whig at September 13, 2022 01:10 PM (CXr4y)

402
And Kentuckians are in for a surprise once that piece of shit is in the cold embrace of the grave... they're about to find out just how much they matter without the Turtle around.

Posted by: Yudhishthira's Dice at September 13, 2022 01:10 PM (oINRc)

403 Market was up big yesterday. Down big today. It's not fair to report on the big down today without mentioning the big up yesterday.


This isn't just econ it's politics. And politics isn't fair. You take advantage of what news you can and blast the shit out of your opponents over it.

Posted by: Hands at September 13, 2022 01:11 PM (786Ro)

404 402
And Kentuckians are in for a surprise once that piece of shit is in the cold embrace of the grave... they're about to find out just how much they matter without the Turtle around.
Posted by: Yudhishthira's Dice at September 13, 2022 01:10 PM (oINRc)

=========

All the more reason to keep him around as long as possible.

Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 01:11 PM (LvTSG)

405 Dan Crenshaw is hosting a "Whiskey and Politics" event later this month and the Special Guest Speaker will be...

Whaddya know--Bill Barr.
Posted by: IrishEi at September 13, 2022 01:09 PM (3ImbR)




Nuke them till they glow then ***** them in the dark.

Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:11 PM (Zz0t1)

406 >>>Dan Crenshaw is hosting a "Whiskey and Politics" event later this month and the Special Guest Speaker will be...

Whaddya know--Bill Barr.

Posted by: IrishEi


So, a Democrat event?

Posted by: Wyatt Earp at September 13, 2022 01:11 PM (d2bW3)

407 I'm rootin' for rail and UPS and teacher strikes.

Pay those union workers what they're worth, Democrats. And don't work until they do, union workers!

Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 01:11 PM (syPV9)

408 Well. Until they DO make batteries in the US, it is exctly accurate.

No, someone else (Panasonic) may sometimes currently make some parts of the battery somewhere other than the Gigafactory, but that's not making a battery. That's making a component. If the end product isn't a battery, you're not making batteries. Tesla's batteries don't appear by immaculate conception.

Posted by: Archimedes at September 13, 2022 01:11 PM (ayzS/)

409 "How states will keep re-electing scumbags in the face of all proof that they are awful."


Strong horse, er, turtle, er, you know what I mean.

Posted by: Zombie Bin Laden at September 13, 2022 01:12 PM (oTZbj)

410 >>Dan Crenshaw is hosting

FFS how does this guy keep getting re-elected?

Posted by: Maj. Healey at September 13, 2022 01:12 PM (A7urr)

411 We are in a solid recession right now. If we had real numbers, it has been THREE straight quarters of negative GDP growth.

Posted by: Jukin the Deplorable and Totally Unserious at September 13, 2022 01:12 PM (u4CEu)

412 "I'm rootin' for rail and UPS and teacher strikes. Pay those union workers what they're worth, Democrats."

Rail striking over pay? I thought they were asking for more curves, tunnels, and scenic routes.

Posted by: gp Declines 2024 Nomination at September 13, 2022 01:12 PM (24fqN)

413 High rents are used for price discrimination against people likely to tear up units and/or commit petty street crimes. Same as neighborhoods with a gate and HOA. Compliance costs run off lower income renters or buyers.
Posted by: whig at September 13, 2022 01:03 PM (CXr4y)
_____________________

This is true but renting is more risky to LL today than it was prior to covid. Even back then, the LL-tenant laws heavily favored tenants, and it was always hard and expensive for a LL to get rid of a tenant even if the tenant was many months behind in rent. Don't ask me how I know. Now, it's even harder. LL have factored that increased risk into their rents.

Posted by: Elric Blade at September 13, 2022 01:13 PM (iFTx/)

414 FFS how does this guy keep getting re-elected?

*

That's a vet you're talking about, scumbag!

Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 01:13 PM (syPV9)

415 No matter where they are ultimately assembled the vast majority of the raw materials come either from China or from Chinese owned assets. One of the deals Hunter helped the CCP with through Bohaii Harvest was one of the biggest cobalt mines in the world in Congo.

Posted by: JackStraw


THAT is true. It's a huge Achilles Heel.

Posted by: Archimedes at September 13, 2022 01:13 PM (ayzS/)

416 >>FFS how does this guy keep getting re-elected?


He keeps an eye on his goal.

Posted by: garrett at September 13, 2022 01:13 PM (FExT/)

417 399 Rail strike is puckering some sphincters. Except for that of the DOT Secretary.
Posted by: InkMiser at September 13, 2022 01:10 PM (jxPI0)


He and Sandra Fluke have to have speculums (specula?) recalibrated to measure in yards.

Posted by: J.J. Sefton at September 13, 2022 01:13 PM (x0n13)

418 Inflation 8.3%. Quit your bitching. It isn't like Joe Biden in a speech declared war on half the country.

Posted by: Lost In Space at September 13, 2022 01:13 PM (XzBgg)

419 Rail striking over pay? I thought they were asking for more curves, tunnels, and scenic routes.

*

I've been married for a long time. Those sound pretty darn good to me, too.

Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 01:13 PM (syPV9)

420 Tesla's batteries don't appear by immaculate conception.
Posted by: Archimedes at September 13, 2022 01:11 PM (ayzS/)

There is a surprise in your uterus.

Posted by: Dashboard warning light. at September 13, 2022 01:13 PM (ufFY8)

421 418 Inflation 8.3%. Quit your bitching. It isn't like Joe Biden in a speech declared war on half the country.
Posted by: Lost In Space at September 13, 2022 01:13 PM (XzBgg)

==========

Well, at least we have that...

Wait a second...

Posted by: TheJamesMadison, navigating the destiny machine with Fritz Lang at September 13, 2022 01:13 PM (LvTSG)

422 Rail strike is puckering some sphincters. Except for that of the DOT Secretary.

Posted by: InkMiser at September 13, 2022 01:10 PM (jxPI0)

-----

"Can a constantly-plugged sphincter pucker?" -- Stuff Jefferson Said, Vol. 2

Posted by: ShainS -- Go Galt or Go Rome at September 13, 2022 01:13 PM (GezPS)

423 We are in a solid recession right now. If we had real numbers, it has been THREE straight quarters of negative GDP growth.
Posted by: Jukin the Deplorable and Totally Unserious at September 13, 2022 01:12 PM (u4CEu)
........

So today, we celebrate!

Posted by: wth at September 13, 2022 01:13 PM (v0R5T)

424 The Special Olympics doesn't even hand out awards for this kind of performance. Just go back in your dark room and leave us alone, President Grandpa Simpson.

Posted by: Wally at September 13, 2022 01:13 PM (cnyQi)

425 390 I am truly baffled by this. How states will keep re-electing scumbags in the face of all proof that they are awful.

Especially in a primary.

I'd love to see interviews with these people...who they are...and why they choose what they did.
Posted by: 18-1 at September 13, 2022 01:09 PM (ESjRY)

After pondering this for years, I have come to the conclusion that we no longer vote for "people", we vote for the organizations which those people represent. (which is why they are so interchangeable) This is the end game of the party system we've had for so long.

And to make it worse, a majority of people do NOT vote for an organization because they think they have better ideas or are "good for the country" - they vote for them because in some way or another, they profit from that groups hold on power. For example, the education establishment and everyone who is a part of it nationwide will vote massively for Dems in every election, because Dems are the ones who guarantee that the money and perks will keep flowing their way. There is nothing anyone on our side could do or say to convince them to vote differently, because we want to cut their money and power off.

Posted by: Tom Servo at September 13, 2022 01:14 PM (trdmm)

426 I looked up the Mitch McConnell primary win in 2020. His most serious opponent was a guy named C. Wesley Morgan a state legislator.

After the primary the FNM hammered him for some reason and then a "crazy guy" went to his house, murdered his daughter, and tried to assassinate him.

Now let's return to the question of "why don't serious people challenge these RINOs?"

Posted by: 18-1 at September 13, 2022 01:14 PM (ESjRY)

427 John Ekdahl of the @EkdahlPressOffice offered the spin that if you adjusted the inflation rate for inflation, it actually comes in at zero.
---
I can almost expect them to start that campaign tomorrow.

Posted by: Axeman at September 13, 2022 01:14 PM (krQz2)

428 Huxley's Ghost's tweet is age restricted. Must be brutal.

Posted by: Javems at September 13, 2022 01:14 PM (aBv3r)

429 Rail strike is puckering some sphincters. Except for that of the DOT Secretary.
Posted by: InkMiser at September 13, 2022 01:10 PM[/i\

I'm sometimes chasened about that ...

Posted by: Pete B. at September 13, 2022 01:14 PM (a3Q+t)

430 391 He was using Ricardo's theory of labor to set prices when Menger and Jevons had already set out the theory of Marginal Utility

Posted by: Kindltot at September 13, 2022 01:04 PM (xhaym)
---
Wait. So Ricardo is the idiot who thought up the "Labor Theory of Value"?

But then again, perhaps it still had a demand/scarcity-based element that Marx denied.

Even Locke denied that a "sweat equity" allowed one person to sweep up all the apples and let the ones he didn't eat rot in his cellar.
Posted by: Axeman at September 13, 2022 01:09 PM (krQz2)

There wasn't a strong theory of pricing at the time. Scarcity, utility and labor units were all proposed theories and all wrong in some ways with elements of truth in them. Supply and demand determines prices.

Posted by: Red Turban Someguy - The Republic is already dead! at September 13, 2022 01:15 PM (b2nrj)

431 379 Mitch won his primary by 76%.

I am truly baffled by this. How states will keep re-electing scumbags in the face of all proof that they are awful. Why? "He's got power!" Yeah, that's the damned problem.
Posted by: Christopher R Taylor

McConnell has been in long enough to dominate KY politics but his Achilles heel is his finances. Start investigating those and he is likely to retire for reasons of health.

Posted by: whig at September 13, 2022 01:15 PM (CXr4y)

432 Choo-choo Joe going to break the Amtrak strike?

Posted by: Archer at September 13, 2022 01:15 PM (gmo/4)

433
Mongo vs. Congo. Discuss!

Posted by: J.J. Sefton at September 13, 2022 01:15 PM (x0n13)

434 399 Rail strike is puckering some sphincters. Except for that of the DOT Secretary.
Posted by: InkMiser at September 13, 2022 01:10 PM (jxPI0)

Shit, had not heard about it.... Fed board wanted to give them a 22% increase OVER 5 YEARS???

When we have over 10% real inflation per year NOW?

/facepalm

Posted by: Romeo13 at September 13, 2022 01:15 PM (oHd/0)

435 I'm rooting for better titty bars and a continous flow of Schweppes tonic water

Posted by: REDACTED at September 13, 2022 01:15 PM (us2H3)

436 "Medicated mentholatum ointment is down 5% yoy! Big win for Ben Gay!"

I think Mentholatum is a brand name, they came up with the idea first afaik, owner from Buffalo became philanthropist. Vicks came along later, Mentholatum got bought by some Japanese business.

Posted by: illiniwek at September 13, 2022 01:15 PM (Cus5s)

437 OT

Damn, Disney. Wow.

Bounding into Comics link:

https://tinyurl.com/2dyap4bz

Posted by: Taqiyyologist, Rickrolled by Jesus at September 13, 2022 01:15 PM (M9XmQ)

438 Think of all those municipal and union employees whose accounts are managed. How long before they can no longer pay out benefits? Posted by: sharon(willow's apprentice)
==
Like the student loan forgiveness, the responsible taxpayers will make them whole. You know I'm right.

Now responsible taxpayer, they are fucked.... like in the student loan giveaway.

Posted by: Jukin the Deplorable and Totally Unserious at September 13, 2022 01:15 PM (u4CEu)

439 410 >>Dan Crenshaw is hosting

FFS how does this guy keep getting re-elected?
Posted by: Maj. Healey at September 13, 2022 01:12 PM (A7urr)

The GOP-e owns a lot more of Houston than you might think.

Posted by: Tom Servo at September 13, 2022 01:16 PM (trdmm)

440 Rail striking over pay? I thought they were asking for more curves, tunnels, and scenic routes.

Posted by: gp Declines 2024 Nomination at September 13, 2022 01:12 PM (24fqN)

-----

I'm envisioning the irony of a rail strike initiating the implosion of the economy and culture ... a twist on Atlas Shrugged.

Posted by: ShainS -- Go Galt or Go Rome at September 13, 2022 01:16 PM (GezPS)

441
Rail strike?!

Now is the time for decisive action!

Somebody, quick - get me a pair of big ol' fake titties so I can man-milk my gay baby!

Posted by: Pete Buttzkrieg at September 13, 2022 01:16 PM (oINRc)

442 John Ekdahl of the @EkdahlPressOffice offered the spin that if you adjusted the inflation rate for inflation, it actually comes in at zero.
---
I can almost expect them to start that campaign tomorrow.

Posted by: Axeman at September 13, 2022 01:14 PM (krQz2)


And that, Jimmy, is how a democrat taking point is created.

Posted by: Archer at September 13, 2022 01:16 PM (gmo/4)

443 The lesson of the 2020s is that "The Experts' " only special knowledge is how to get paid for being an "Expert"

Posted by: 29Victor at September 13, 2022 01:17 PM (BJKQV)

444 Choo-choo Joe going to break the Amtrak strike?

It's a really tough spot for him. Does he do nothing, and so pander to what's left of his union base, thereby destroying the economy before the election, or does he jettison the union by somehow forcing them back to work, and really anger his union management buddies?

Posted by: Archimedes at September 13, 2022 01:17 PM (ayzS/)

445 has the meaning of the word 'experts' changed? It seems to me that they are continually wrong about the things they are supposed to have knowledge about that others don't.

Posted by: Tony at September 13, 2022 01:17 PM (a8qWE)

446 443 The lesson of the 2020s is that "The Experts' " only special knowledge is how to get paid for being an "Expert"
Posted by: 29Victor at September 13, 2022 01:17 PM (BJKQV)


Ex-pert = Genevieve Bujold.

Posted by: J.J. Sefton at September 13, 2022 01:17 PM (x0n13)

447 Next they'll be telling us Ukraine is whooping those Ruskies asses!

Posted by: Dr. Bone at September 13, 2022 01:18 PM (w2Z7l)

448 Think of all those municipal and union employees whose accounts are managed. How long before they can no longer pay out benefits? Posted by: sharon(willow's apprentice)
==
Like the student loan forgiveness, the responsible taxpayers will make them whole. You know I'm right.

Now responsible taxpayer, they are fucked.... like in the student loan giveaway.
Posted by: Jukin the Deplorable and Totally Unserious at September 13, 2022 01:15 PM (u4CEu)

-----

"Your 401k, IRA, pension, and bank accounts must be confiscated and nationalized for the greater good ..."

Posted by: ShainS -- Go Galt or Go Rome at September 13, 2022 01:18 PM (GezPS)

449 "Fed board wanted to give them a 22% increase OVER 5 YEARS???"

SS COLA for 2023 been announced yet? Last COLA was 5.5% IIRC.

Posted by: gp Declines 2024 Nomination at September 13, 2022 01:18 PM (24fqN)

450 And to make it worse, a majority of people do NOT vote for an organization because they think they have better ideas or are "good for the country" - they vote for them because in some way or another, they profit from that groups hold on power. For example, the education establishment and everyone who is a part of it nationwide will vote massively for Dems in every election, because Dems are the ones who guarantee that the money and perks will keep flowing their way. There is nothing anyone on our side could do or say to convince them to vote differently, because we want to cut their money and power off.

Posted by: Tom Servo
--------------------------
Somewhat. The end of party systems occurs when the elites get too greedy and an outsider like Hugo Chavez corrals all the voters that get a raw deal. Venezuela had a functional two party system where both parties looted the economy for decades funded by massive oil wealth. Chavez ended that so that the average Venezuelan is much poorer (and Chavez's daughter is a billionaire). Mexico has witnessed something similar with its leaders doing very well but the lower class in general suffering both crime and poverty.

Posted by: whig at September 13, 2022 01:18 PM (CXr4y)

451 "Hey, motherfucker, why are you naked?"

OMG, that is hilarious.
Once again, Detroit area libtards representing...

Posted by: Deplorable Ian Galt at September 13, 2022 01:04 PM (ufFY

I drove tucks for a few years. You would not believe some of the things you see.

Posted by: Javems at September 13, 2022 01:19 PM (aBv3r)

452 Posted by: Pete Buttzkrieg


K. That's pretty funny.

Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:19 PM (Zz0t1)

453 Damn, Disney. Wow.

Bounding into Comics link:

https://tinyurl.com/2dyap4bz
Posted by: Taqiyyologist, Rickrolled by Jesus at September 13, 2022 01:15 PM (M9XmQ)

I didn't realize Minnie was into that.

Posted by: anchorbabe fashion cop at September 13, 2022 01:19 PM (ufFY8)

454 196 And people around me are blaming this all on Trump, insurrectionists, Big Oil, Big Grocery and those damned greedy businessmen.
Posted by: Mary Poppins' Practically Perfect Piercing at September 13, 2022 12:46 PM

Yes, they love to blame it on greedy businesses price gouging and arbitrarily raising prices. Marxist economist Richard Wolff has numerous YouTube videos explaining how monetary supply and government spending have no impact on inflation, and it's entirely businesses raising prices from greed, instead of just ordering and selling more products at the same price to meet the increased demand. Bastards!

I have long since given up on trying to make people understand that:
1) Gas prices are in a large part caused by oil and gasoline price futures .... publicly traded commodities

2) Oil companies took advantage of the conditions and were gouging the hell out of people and making
all time record profits.

3) Every House Republicans voted to stop a bill to try to stop price gouging.

Posted by: Intrepid Democratic Underground AoS Liaison at September 13, 2022 01:19 PM (JCZqz)

455 The People's House? How very Great Leader-ish of the shameless criminal Biden.

Posted by: Erik In Texas at September 13, 2022 01:19 PM (z0DEK)

456 >>>I didn't realize Minnie was into that.

Posted by: anchorbabe fashion cop


"Dripping with excitement. " LOLOL

Posted by: Wyatt Earp at September 13, 2022 01:19 PM (d2bW3)

457 So during fleet week Denmark sent a ship over manned entirely by girls. And, um, it collided with another ship.
Posted by: Christopher R Taylor at September 13, 2022 12:31 PM (Ivdso)

Sorry to burst the enthusiasm, but the tugboat taking it out of mooring pulled it into the Navy ship so the tug captain was at fault, not to mention that it was not crewed by all girls. Sheesh.

Posted by: scruboak at September 13, 2022 01:19 PM (I+dwr)

458 "Medicated mentholatum ointment is down 5% yoy! Big win for Ben Gay!"

I heard all but three majors had settled. The (required by law) cool down period ends Friday. But some shipments may already be stopped so that (for example) hazardous materials are not left sitting out in some yard during the strike. Probably same for perishables.

isk what percent of total rail the "three majors" are, but can't be good. Joe will offer them a trillion or something, Union bosses have him on the payroll.

Posted by: illiniwek at September 13, 2022 01:20 PM (Cus5s)

459
I didn't realize Minnie was into that.
Posted by: anchorbabe fashion cop at September 13, 2022 01:19 PM (ufFY8 )



Minnie Mouse and the Grand Bukkake Party

Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:20 PM (Zz0t1)

460 "Your 401k, IRA, pension, and bank accounts must be confiscated and nationalized for the greater good ..."

Posted by: ShainS
---------------
Might happen in a reserve currency failure for the US dollar otherwise too risky as too many of the upper class elites who are supporting the left would be alienated. Read up on Machiavelli--people forgive the murder of their parents readily compared with a loss of money.

Posted by: whig at September 13, 2022 01:20 PM (CXr4y)

461 And yet. Biden plans to give a celebratory speech today on the passage of the Inflation Reduction Act.

A disconnect as big as the Grand Canyon.

Posted by: Ziba at September 13, 2022 01:20 PM (4h9M3)

462 2023 SS COLA will be set next month. Oddsmakers say it'll be 10%-11%. That's a big old budget hole right there. YOLO!

Posted by: gp Declines 2024 Nomination at September 13, 2022 01:20 PM (24fqN)

463 455 The People's House? How very Great Leader-ish of the shameless criminal Biden.
Posted by: Erik In Texas at September 13, 2022 01:19 PM (z0DEK)

His saying that was meant to insult us. I hate him.

Posted by: Miss Issippi at September 13, 2022 01:20 PM (sI15f)

464 455 The People's House? How very Great Leader-ish of the shameless criminal Biden.
Posted by: Erik In Texas at September 13, 2022 01:19 PM (z0DEK)


The Folks Gee Mineshaft. He gets the mine. Folks get the shaft. (can you dig it?)

Posted by: J.J. Sefton at September 13, 2022 01:21 PM (x0n13)

465 Looks like I was correct. The LTV was a theory of *general* value, Marx took it and made it into Labor is the *only* value in a product.

But, that is inherently not true. What gives the dollar the "value" of $1 is not the amount of labor it takes to produce it, but that it's the demand for $1 bills is according to the scarcity of $1 bills.

Ricardo and Smith and other classical proponents of LTV were comparing goods where a certain amount of capital could be understood to already be expended.

So Marx introduced the stupidity portion of it.

Posted by: Axeman at September 13, 2022 01:21 PM (krQz2)

466 Mitch's power is due to the GOP caucus, not KY voters. If he's just one more GOP drone, meh. It's your precious GOP that keeps him as "leader". So in effect all GOP voters vote for Mitch, indirectly.

Rebelling just once (Trump) in primaries and generals is not going to make much difference.

Posted by: rhomboid at September 13, 2022 01:21 PM (OTzUX)

467 You all realize that the news is reporting that inflation is down for the second straight quarter. Hoo-boy.

Posted by: InZona (formerly InCali) at September 13, 2022 01:21 PM (ep37o)

468 isk what percent of total rail the "three majors" are, but can't be good. Joe will offer them a trillion or something, Union bosses have him on the payroll.

Posted by: illiniwek

---------------
Warren Buffet though is on the other side along with some other financial supporters of the Dems. The trillion would come out of their pockets. Don't see Buffet going for that.

Posted by: whig at September 13, 2022 01:21 PM (CXr4y)

469 Damn, Disney. Wow.

Bounding into Comics link:

https://tinyurl.com/2dyap4bz


Introducing the new Bukkake exhibit?

Posted by: Maj. Healey at September 13, 2022 01:22 PM (A7urr)

470 Went and had a wonderful sausage and peppers sub from a local place where I work. Hadn't been there in a while. The price rose for the sammich and iced tea from $10.62 to $12.98.

Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:22 PM (Zz0t1)

471 Correction:
"Inflation hotter than (experts) expected at 8.3% from year ago"
Should have read
"Inflation hotter than ("experts") expected at 8.3% from year ago"

Posted by: Roland F Hirsch at September 13, 2022 01:22 PM (oMkPq)

472 "Navy ship so the tug captain was at fault, not to mention that it was not crewed by all girls. Sheesh."

don't let facts get in the way of a good narrative ... the MSM has taught journalists that.

Posted by: illiniwek at September 13, 2022 01:22 PM (Cus5s)

473 So whats all this about Sept 24 ?... some german politician saying it will be one of those days you will always remember where you were ....

Posted by: Haywood at September 13, 2022 01:22 PM (/xLeD)

474 And yet. Biden plans to give a celebratory speech today on the passage of the Inflation Reduction Act.

A disconnect as big as the Grand Canyon.

Posted by: Ziba at September 13, 2022 01:20 PM (4h9M3)
---
The press is the base of the bubble.

Posted by: Axeman at September 13, 2022 01:23 PM (krQz2)

475 Minnie Mouse and the Grand Bukkake Party
Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:20 PM (Zz0t1)

She's turning Japanese I really think so.

Posted by: The Vapors at September 13, 2022 01:23 PM (ufFY8)

476
The Folks Gee Mineshaft. He gets the mine. Folks get the shaft. (can you dig it?)
Posted by: J.J. Sefton at September 13, 2022 01:21 PM (x0n13)



You asked for it......

https://youtu.be/eV67FuREdSc

Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:23 PM (Zz0t1)

477 Powell doesn't want to lose the Dollar to hyperinflation or by having the rest of the world refuse it as the international debt clearing instrument (everyone uses dollars except for small changes)


Posted by: Kindltot at September 13, 2022 12:57 PM (xhaym)

$2 bill makes a comeback?

Posted by: BignJames at September 13, 2022 01:23 PM (AwYPR)

478 >>> Age restricted, but I can only imagine.
~~~~~

No idea why. It's merely a GIF of two people jumping for joy and popping some champagne.

Posted by: IrishEi at September 13, 2022 01:23 PM (3ImbR)

479 Our economy will become stronger than ever, with inflation rapidly going down, after Congress passes my December demand for $250 Billion for reconstructing Ukrainian infrastructure demolished by Putin!

Posted by: Mad Joe, plotting how to sniff the hair of every British Princess next week! at September 13, 2022 01:23 PM (AMIL/)

480 465 Looks like I was correct. The LTV was a theory of *general* value, Marx took it and made it into Labor is the *only* value in a product.

But, that is inherently not true. What gives the dollar the "value" of $1 is not the amount of labor it takes to produce it, but that it's the demand for $1 bills is according to the scarcity of $1 bills.

Ricardo and Smith and other classical proponents of LTV were comparing goods where a certain amount of capital could be understood to already be expended.

So Marx introduced the stupidity portion of it.
Posted by: Axeman at September 13, 2022 01:21 PM (krQz2)

Marx did "assume the factory" and took profit to be sort of a leak in the system. The basic idea that a lot of economics is exchanging labor and therefore how much labor is involved in procuring a thing does affect its price isn't off-base, it's just not all there is. Much like how useful a thing is isn't the sole determinant of price (say water vs diamonds).

Posted by: Red Turban Someguy - The Republic is already dead! at September 13, 2022 01:23 PM (b2nrj)

481 Rail strike is puckering some sphincters. Except for that of the DOT Secretary.
Posted by: InkMiser


It'll cost my company millions and total fuck the supply chain.

Posted by: rickb223 at September 13, 2022 01:23 PM (5kCce)

482 Ace needs an Inflationary Flaming Skull for all this unexpected Economic News. Maybe a skull with 1/4 of the cranium lopped off? Sort of like a pie chart?

Posted by: rd at September 13, 2022 01:24 PM (Z32m1)

483 Powell doesn't want to lose the Dollar to hyperinflation or by having the rest of the world refuse it as the international debt clearing instrument (everyone uses dollars except for small changes)


Posted by: Kindltot at September 13, 2022 12:57 PM (xhaym)

$2 bill makes a comeback?
Posted by: BignJames


$500 & $1000.

Posted by: rickb223 at September 13, 2022 01:24 PM (5kCce)

484 "No idea why. It's merely a GIF of two people jumping for joy and popping some champagne."

Yes, I was disappointed after that clickbait 'warning.'

Posted by: gp Declines 2024 Nomination at September 13, 2022 01:24 PM (24fqN)

485 I expect Biden to should about how "at least we care" and "at least we're tryin, not like those Repubbicans!"
What a vicious old idiot.

Posted by: Zek at September 13, 2022 01:24 PM (OzNIz)

486 @210

>>Under President Biden’s Inflation Reduction Act, more folks will benefit from battery storage -- so that we can use clean, cheap, and reliable American made energy any time, day or night.

So it looks like they have adopted the Lufthansa Co-Pilot method for societal advancement and thriving.

Posted by: Thomas Bender at September 13, 2022 01:25 PM (etnWI)

487 Taylor Lorentz is whining about online abuse again.

Posted by: Cat Ass Trophy, Pennsylvania Dad, Defiant! at September 13, 2022 01:25 PM (t3/qz)

488 Saw Flaming Pie Charts open for Bukakke Minnie at Epcot center in 1991.

Posted by: Maj. Healey at September 13, 2022 01:25 PM (A7urr)

489 Like the student loan forgiveness, the responsible taxpayers will make them whole. You know I'm right.

Now responsible taxpayer, they are fucked.... like in the student loan giveaway.

Posted by: Jukin
---------------------
Nope, for the most part, both Dems and Republicans now rely on borrowing rather than direct taxation. Same effect, less political opposition. Expect inflation to continue as they deflate the national debt away resulting in real losses in income. Start buying the best of durable goods right now as you may be stuck with them a long time.

Posted by: whig at September 13, 2022 01:25 PM (CXr4y)

490 $2 bill makes a comeback?
Posted by: BignJames
---
They should issue a $3 for Pride Month.

Posted by: Axeman at September 13, 2022 01:25 PM (krQz2)

491 Taylor Lorentz is whining about online abuse again.
Posted by: Cat Ass Trophy, Pennsylvania Dad, Defiant! at September 13, 2022 01:25 PM (t3/qz)



Oh, grow up, you useless twat.

Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:26 PM (Zz0t1)

492 "Warren Buffet though is on the other side along with some other financial supporters of the Dems. The trillion would come out of their pockets. Don't see Buffet going for that." Posted by: whig

good point, I was thinking in terms of the coming election, so the "trillion" would be a government grant out of Biden's stash.

But yeah, they seem to like crashing the economy and keeping the peasanty down, so Buffet's bottom line probably matters more.

Posted by: illiniwek at September 13, 2022 01:26 PM (Cus5s)

493 Inflation, inshmashun.

A leader of my church referred to abortion as a social good aka it shouldn't be fought.

The stupidest people in my state ("Michiganders" who, like female geese, are noisy and crap on everything) are rigging the election system to be permanently in their favor.

The state-approved training to help my workplace with retaining students is heavy on "restorative justice" and "equity."



Posted by: NaughtyPine at September 13, 2022 01:26 PM (fxCK2)

494 Got a pile of twentys sitting on the counter next to me. I'm watching it shrink as I down another cup of coffee.

Posted by: Sock Monkey * Ungovernable at September 13, 2022 01:26 PM (jGuoF)

495 Inflation 8.3%. No worries. The Republican party has our backs.

Posted by: Lost In Space at September 13, 2022 01:27 PM (/qNGG)

496 2023 SS COLA will be set next month. Oddsmakers say it'll be 10%-11%. That's a big old budget hole right there. YOLO!
Posted by: gp Declines 2024 Nomination at September 13, 2022 01:20 PM (24fqN)
~~~~~

Blind man in Cali saw that coming. That's what the Covid culling was about.

Posted by: IrishEi at September 13, 2022 01:27 PM (3ImbR)

497
How the regime responds to this strike will be interesting.

Posted by: Yudhishthira's Dice at September 13, 2022 01:27 PM (oINRc)

498 Biden wants to play the role of Max Shreck, hey?

Posted by: Axeman at September 13, 2022 01:28 PM (krQz2)

499 2023 SS COLA will be set next month. Oddsmakers say it'll be 10%-11%. That's a big old budget hole right there. YOLO!
Posted by: gp Declines 2024 Nomination at September 13, 2022


***
But it doesn't go into effect until the first adjustment of the year, like February, right?

Posted by: Wolfus Aurelius at September 13, 2022 01:28 PM (J2vNu)

500 How the regime responds to this strike will be interesting.
Posted by: Yudhishthira's Dice at September 13, 2022 01:27 PM (oINRc)



TRUMP!!!! PUTIN!!!!!! TRUMP AND PUTIN!!!!!

PUTIN PUPPET AND PUTIN!!!!!

Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:28 PM (Zz0t1)

501 Might happen in a reserve currency failure for the US dollar otherwise too risky as too many of the upper class elites who are supporting the left would be alienated. Read up on Machiavelli--people forgive the murder of their parents readily compared with a loss of money.
Posted by: whig at September 13, 2022 01:20 PM (CXr4y)

Fed Reserve balance sheet if over $8.4 TRILLION, most of it in US Gov Debt, but over 2 Trillion in those toxic mortgage backed securities that supposedly caused the 2008 crash, and we were TOLD were going to be 'unwound'. Note, those are recent (last couple of years) purchases.

So they own 8.4 Trillion of a 23 Trillion dollar economy (US GDP).

9.32 Trillion spent on all levels of Government.... so 40% of total GDP is now government spending.

Don't see how this continues.

Posted by: Romeo13 at September 13, 2022 01:28 PM (oHd/0)

502 Somewhat. The end of party systems occurs when the elites get too greedy and an outsider like Hugo Chavez corrals all the voters that get a raw deal. Venezuela had a functional two party system where both parties looted the economy for decades funded by massive oil wealth. Chavez ended that so that the average Venezuelan is much poorer (and Chavez's daughter is a billionaire). Mexico has witnessed something similar with its leaders doing very well but the lower class in general suffering both crime and poverty.
Posted by: whig at September 13, 2022 01:18 PM (CXr4y)

The elites just do better and better in a system like that, because the are always able to ingratiate themselves into the new order. Venezuela and Mexico are both good examples of how democracies quite easily break down into criminal thugocracies. Neither of those countries has any actual governing philosophy or ethos anymore, other than steal as much as possible for as long as possible and live like kings. And shoot any of the peons who object. Living in those systems is probably even worse than living in 12th century Europe.

Posted by: Tom Servo at September 13, 2022 01:28 PM (trdmm)

503 "Got a pile of twentys sitting on the counter next to me. I'm watching it shrink as I down another cup of coffee."

If it makes you feel any better, guys with a pile of gold are seeing that too. Gold an inflation hedge? Nah bro.

Posted by: gp Declines 2024 Nomination at September 13, 2022 01:29 PM (24fqN)

504 >>>Ace needs an Inflationary Flaming Skull for all this unexpected Economic News. Maybe a skull with 1/4 of the cranium lopped off? Sort of like a pie chart?

>It needs to function like a powerpoint presentation. Maybe add in a flamethrower.

Posted by: Dr. Bone at September 13, 2022 01:29 PM (w2Z7l)

505 Small-scale example: assume you run a restaurant. You have a dishwasher earning $8/hr and a sous chef earning $12/hour. Minimum wage goes up to $10/hour, so now the dishwasher is earning $10 and the sous chef is still earning $12. The gap between the unskilled labor and the skilled labor shrank from 50% to 25%. The sous chef isn't going to be cool with that, and is going to demand $15 - and he'll get it, or some other restaurant will pay him that or more.
Posted by: Joe Mannix (Not a cop!) at September 13, 2022 12:56 PM (t0OGg)

You buy a dishwashing machine and convert the wages to capital expense.

Posted by: Inogame, non alius regit at September 13, 2022 01:29 PM (53oGX)

506 491- "Grow up"? My God, man! She's 86 years old!

Posted by: Farmer Bob at September 13, 2022 01:29 PM (xDian)

507 But it doesn't go into effect until the first adjustment of the year, like February, right?
Posted by: Wolfus Aurelius at September 13, 2022 01:28 PM (J2vNu)

Yup, COLA is ALWAYS a year behind... by design.

Posted by: Romeo13 at September 13, 2022 01:29 PM (oHd/0)

508 The stupidest people in my state ("Michiganders"

They are REALLY pushing the abortion issue here in MI, demonizing Tudor Dixon in ads.

There is one commercial that is just texting, with creepy sound effects. Gives me shivers hearing it, and then enraged me.

Posted by: Deplorable Ian Galt at September 13, 2022 01:29 PM (ufFY8)

509 I keep thinking that the plan is to get a good rip of 1500% inflation that takes debtors off a lot of the hook, and all the people on government paychaecks keep their inflation adjusted earnings.

Everyone else will take it in the shorts.

Posted by: blaster at September 13, 2022 01:29 PM (6TxNR)

510 What is the reason for the rail strike?

Posted by: FenelonSpoke at September 13, 2022 01:29 PM (vH/6k)

511
A leader of my church referred to abortion as a social good aka it shouldn't be fought.

-------

LOL - liquidating undesirables is the Christian thing to do, right?

This country is truly a magical place.

Posted by: Yudhishthira's Dice at September 13, 2022 01:29 PM (oINRc)

512 This is true but renting is more risky to LL today than it was prior to covid. Even back then, the LL-tenant laws heavily favored tenants, and it was always hard and expensive for a LL to get rid of a tenant even if the tenant was many months behind in rent. Don't ask me how I know. Now, it's even harder. LL have factored that increased risk into their rents.

Posted by: Elric Blade
-----------------------
True. I was not using discrimination in a pejorative manner but rather descriptive. Certain renters are net losses and best avoided but government housing laws makes it a game for landlords to maximize revenue while minimizing losses--so credit checks, criminal background, price, rules, etc. are used as proxies for tenant risk.

Posted by: whig at September 13, 2022 01:29 PM (CXr4y)

513 Doesn't Dementia Joe take the train to Scranton? Is he going to walk there now?

Buttplug better get it fixed or the dottering old fool is going to get a Silver Alert.

Posted by: torabora at September 13, 2022 01:29 PM (t4vVN)

514 What is the reason for the rail strike?
Posted by: FenelonSpoke


Collective bargaining. More money.

Posted by: rickb223 at September 13, 2022 01:30 PM (5kCce)

515 Biden's called a lid until the election is over.

Well, Susan Rice called the lid. Joe's eating pudding in the basement.

Posted by: motionview, a MAGA Republican (who supports DeSantis) at September 13, 2022 01:30 PM (OYhYW)

516
Though of course for the record economists tend to freak out about deflation.
Posted by: 18-1 at September 13, 2022 12:48 PM (ESjRY)


That is because the mythology is that deflation is what caused and maintained the great depression.

And not a devaluation of the currency, economic manipulation in a vain attempt to keep the investments from clearing out in bankruptcy sales, and serious meddling in basic commodities and sales

Posted by: Kindltot at September 13, 2022 01:30 PM (xhaym)

517 restorative justice

True restorative justice will involve blood letting.


Posted by: Sock Monkey * Ungovernable at September 13, 2022 01:30 PM (jGuoF)

518 They should issue a $3 for Pride Month.
Posted by: Axeman at September 13, 2022 01:25 PM


You owe me a new monitor.

Posted by: RedMindBlueState at September 13, 2022 01:31 PM (4p7Em)

519 Inflation 8.3%. No worries. There is a drag queen Christmas show at the Fox theater in Tucson, AZ. Why? Because nothing says Christmas like gay men in dresses.

https://tinyurl.com/3vsdswad

Posted by: Lost In Space at September 13, 2022 01:31 PM (/qNGG)

520
A priest telling people to murder the innocent from his pulpit is so 2022, I just can't even.

Posted by: Yudhishthira's Dice at September 13, 2022 01:31 PM (oINRc)

521 garrett is lurking. I can smell the lesions, fissures, and scars tissues from 3000 miles away. I can taste his childhood traumas.

Posted by: John Podesta at September 13, 2022 01:31 PM (k0+bJ)

522 You buy a dishwashing machine and convert the wages to capital expense.
Posted by: Inogame


Someone has to load & unload it.

Posted by: rickb223 at September 13, 2022 01:31 PM (5kCce)

523 Inflation 8.3%. No worries. There is a drag queen Christmas show at the Fox theater in Tucson, AZ. Why? Because nothing says Christmas like gay men in dresses.

https://tinyurl.com/3vsdswad
Posted by: Lost In Space at September 13, 2022 01:31 PM (/qNGG)



Blasphemy. It's what's for dinner.

Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:31 PM (Zz0t1)

524 We make batteries in the USA? I don't think so.
Posted by: Jukin the Deplorable a Clear and Present Danger at September 13, 2022 12:51 PM (u4CEu)


the new WH policy is MECHA

Make Evething Chinese Again

Posted by: Kindltot at September 13, 2022 01:32 PM (xhaym)

525 Lorentz separated at birth from the bint at the BYU-Duke volley ball game who claimed someone used the N-word against her several times?

Posted by: Ziba at September 13, 2022 01:32 PM (4h9M3)

526
Gas is going up in price in my neck of the woods.

Posted by: YIKES! at September 13, 2022 01:32 PM (t6XCL)

527 514 What is the reason for the rail strike?
Posted by: FenelonSpoke


Collective bargaining. More money.
Posted by: rickb223 at September 13, 2022 01:30 PM (5kCce)

Wages not close to keeping up with inflation... also some working condition stuff, like they get no sick days.

They were offered a 22% Raise over FIVE YEARS.. which would only keep up with inflation if Trump were back as President.

Posted by: Romeo13 at September 13, 2022 01:32 PM (oHd/0)

528 509 I keep thinking that the plan is to get a good rip of 1500% inflation that takes debtors off a lot of the hook, and all the people on government paychaecks keep their inflation adjusted earnings.
Everyone else will take it in the shorts.
Posted by: blaster at September 13, 2022 01:29 PM (6TxNR)

I agree that this might be the plan. The flaw - economies, and nations, do not survive events like that. They fall, and something else takes their place.

Posted by: Tom Servo at September 13, 2022 01:32 PM (trdmm)

529 Lorentz separated at birth from the bint at the BYU-Duke volley ball game who claimed someone used the N-word against her several times?

Posted by: Ziba at September 13, 2022 01:32 PM (4h9M3)



Lorenz is 40 years older than her.

Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:32 PM (Zz0t1)

530 This Dow Jones guy is racist AF.

-The BIPOC lesbian presshole

Posted by: motionview, a MAGA Republican (who supports DeSantis) at September 13, 2022 01:33 PM (OYhYW)

531 What we have here is technically termed "Slagflation".

That's where the value of the dollar is decreasing, while the First Lady is simultaneously a hoo-er.

Posted by: Warai-otoko at September 13, 2022 01:33 PM (6FeV1)

532 Marx did "assume the factory" and took profit to be sort of a leak in the system. The basic idea that a lot of economics is exchanging labor and therefore how much labor is involved in procuring a thing does affect its price isn't off-base, it's just not all there is. Much like how useful a thing is isn't the sole determinant of price (say water vs diamonds).
Posted by: Red Turban Someguy - The Republic is already dead! at September 13, 2022 01:23 PM (b2nrj)
++++
It utterly fails to take in the other half of the equation: capital. *Everything* is made out of labor *and* capital. Everything. They are the two fundamental inputs. Some things like railroads are capital-intensive and other things like computer programming are labor-intensive, but there will always be both and the mix can always be adjusted, at least a little bit.

It's one of the reasons why synthetically low interest rates are bad for wages - it puts an artificial capital preference into that mix.

Posted by: Joe Mannix (Not a cop!) at September 13, 2022 01:33 PM (t0OGg)

533 496 2023 SS COLA will be set next month. Oddsmakers say it'll be 10%-11%. That's a big old budget hole right there. YOLO!
Posted by: gp Declines 2024 Nomination at September 13, 2022 01:20 PM (24fqN)
~~~~~

Blind man in Cali saw that coming. That's what the Covid culling was about.

Posted by: IrishEi at September 13, 2022 01:27 PM (3ImbR)


Yeah, but the hole still gets bigger when every EBIT card account the umpteen million illegals are given gets that same 10% inflation bump.

Posted by: Gref at September 13, 2022 01:33 PM (AMIL/)

534 "What is the reason for the rail strike?"

They want more covered bridges, and third rails installed nationwide, 'just in case.' They were going to hold out for rubber ties, but leadership tamped that one down.

Posted by: gp Declines 2024 Nomination at September 13, 2022 01:33 PM (24fqN)

535
They were offered a 22% Raise over FIVE YEARS.. which would only keep up with inflation if Trump were back as President.
Posted by: Romeo13 at September 13, 2022 01:32 PM (oHd/0)



Poor babies. Manage your own damn money like the REST of us have to do. 22% Yeah, I'd party if that were the case.

Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:34 PM (Zz0t1)

536 Arby's two for $6 has gone to two for $7. This might not sound too bad but the ever popular gyro is on that menu, still quite tasty I might add. When you take into consideration the ways to cheat on weight of product, and what's really in that gyro meat, we have a problem.

Posted by: bill in arkansas, not gonna comply with nuttin, waiting for the 0300 knock on the door at September 13, 2022 01:34 PM (lz5hY)

537 And through this all, Obama and his puppet JB and the rest of the cabal in Govt. and media will keep the gaslighting going. Trouble is, they will soon run out of gas and then what?

Posted by: Cheri at September 13, 2022 01:34 PM (oiNtH)

538 "What is the reason for the rail strike?"

Maybe they read that Schlicter column?

Posted by: motionview, a MAGA Republican (who supports DeSantis) at September 13, 2022 01:34 PM (OYhYW)

539 Gold an inflation hedge? Nah bro.
Posted by: gp Declines 2024 Nomination

Ammo, airline bottles of booze and cigarettes.

Posted by: Sock Monkey * Ungovernable at September 13, 2022 01:34 PM (jGuoF)

540 Relax...it's transitory...like life itself

Posted by: Lars Pilsen at September 13, 2022 01:35 PM (kJH1Z)

541 In other news, for the ettes, Mr. Libbity-Bibbity is shirtless.

Nice Bod Brooke is wearing some dowdy ugly thing, and Steffy is showing some leg.

Big Tit Donna is MIA so far.

Posted by: anchorbabe fashion cop at September 13, 2022 01:35 PM (ufFY8)

542 "The Bukkake Administration"

No matter what happens, they happily wind up with something nasty on their faces, completely unaware that the cameras are rolling and that the internet is forever.

Congrats, SpongeBrain ShitPants!

Posted by: Sharkman at September 13, 2022 01:35 PM (wzcY/)

543 Nope, for the most part, both Dems and Republicans now rely on borrowing rather than direct taxation.

*

Taxation is purely a punitive tool these days.

See also: 87,000 new IRS agents

Posted by: Moron Robbie - America First, America Always, China can kiss our Durham, NC at September 13, 2022 01:35 PM (Zjer5)

544 They are REALLY pushing the abortion issue here in MI, demonizing Tudor Dixon in ads.

There is one commercial that is just texting, with creepy sound effects. Gives me shivers hearing it, and then enraged me.

Posted by: Deplorable Ian Galt
-----------------------------
Political strategists are part of the elite and what makes sense to them is negative ads against what they dislike. The risk is that their voters (maybe not the fake voters in Detroit) do not show up because of worry about finances/gas prices/heating costs/etc. Abortion only appeals to a small segment of the population but to a large portion of the elites both Dem and Rep. Both want never have renounced eugenics and a lot of it is concern that their daughters get impregnated by 'inferiors' or inconveniently as a teen that will 'ruin' her life. Other classes simply roll with the punch. The truly wealthy do not care as they spawn kids left and right with mistresses, the truly poor do not care as government pays, and the middle class often just shuts up and deals with it--often with parents raising the newest additions to the family as grandparents.

Posted by: whig at September 13, 2022 01:35 PM (CXr4y)

545 536 Arby's two for $6 has gone to two for $7. This might not sound too bad but the ever popular gyro is on that menu, still quite tasty I might add. When you take into consideration the ways to cheat on weight of product, and what's really in that gyro meat, we have a problem.

yeah, well, panda express tried to sell me beyond orange chicken the other night. had i not had my wits about me, i might have wound up with some.

stay safe out there!

Posted by: kulak anachronda at September 13, 2022 01:35 PM (sGtp+)

546 522 You buy a dishwashing machine and convert the wages to capital expense.
Posted by: Inogame


Someone has to load & unload it.
Posted by: rickb223 at September 13, 2022 01:31 PM (5kCce)

While that is true by automating a segment of the kitchen it will likely become part of another job.
This is reality, the bussers or wait staff will fill the washing trays and slide and push the button...

Posted by: Inogame, non alius regit at September 13, 2022 01:36 PM (53oGX)

547 Might happen in a reserve currency failure for the US dollar otherwise too risky as too many of the upper class elites who are supporting the left would be alienated.
------------------------
The once when Ontario's leftist NDP party managed to squeak out a majority in the provincial legislature, they tried to tax RRSPs [our IRAs] and their own trade unions turned on them because members had been maxing out contributions every year. The government dropped the idea pretty quickly.

Posted by: andycanuck (yikp0) at September 13, 2022 01:36 PM (yikp0)

548 >>> 528 509 I keep thinking that the plan is to get a good rip of 1500% inflation that takes debtors off a lot of the hook, and all the people on government paychaecks keep their inflation adjusted earnings.
Everyone else will take it in the shorts.
Posted by: blaster at September 13, 2022 01:29 PM (6TxNR)

I agree that this might be the plan. The flaw - economies, and nations, do not survive events like that. They fall, and something else takes their place.
Posted by: Tom Servo at September 13, 2022 01:32 PM (trdmm)

I'm ready!

*hic*

*shart*

Posted by: Hilary! at September 13, 2022 01:36 PM (llON8)

549 Arby's two for $6 has gone to two for $7. This might not sound too bad but the ever popular gyro is on that menu, still quite tasty I might add. When you take into consideration the ways to cheat on weight of product, and what's really in that gyro meat, we have a problem.
Posted by: bill in arkansas


At least the Whataburger Breakfast Burger meal is $7.57.
Burger, egg, bacon, cheese & hash brown sticks on a bun, hash browns & drink.

Posted by: rickb223 at September 13, 2022 01:36 PM (5kCce)

550 Your 401k, IRA, pension, and bank accounts must be confiscated and nationalized for the greater good ..."

**

I'm not saying this jokingly:

That's what inflation is for. It's a tax without any required legislation.

Posted by: Moron Robbie - America First, America Always, China can kiss our Durham, NC at September 13, 2022 01:37 PM (Zjer5)

551 Follow the law.
Obey the will of the people, you terrorists.

Posted by: Derek Chauvin's Prison Romance at September 13, 2022 01:37 PM (6AOYe)

552 Biden 'unexpectedly' shat himself.

Posted by: motionview, a MAGA Republican (who supports DeSantis) at September 13, 2022 01:37 PM (OYhYW)

553 I'd like to see a nice juicy railway strike right now. Biden would have to fold and give them whatever they want, it'll be rather funny to watch.

Posted by: Tom Servo at September 13, 2022 01:37 PM (trdmm)

554 Buttgig on airline cancellations: this is unacceptable.

Buttgig on train strike: I didn't build that.

Posted by: Ziba at September 13, 2022 01:37 PM (4h9M3)

555 Arby's gyro is pretty good.

Posted by: Deplorable Ian Galt at September 13, 2022 01:37 PM (ufFY8)

556
"Dow Jones Plunges 845 Points"

You lying dogface pony soldier!!
The Dow Jones is at 837!
Proof that America is back!

Posted by: Joe Biden at September 13, 2022 01:37 PM (t6XCL)

557 Gas is going up in price in my neck of the woods.

Posted by: YIKES! at September 13, 2022 01:32 PM (t6XCL)

CA? Yes it is. Must be that sweet autumn blend.

Posted by: Grudge Harbor at September 13, 2022 01:37 PM (wBpKf)

558 Who shit my pants!!???

Posted by: Joe Biden at September 13, 2022 01:38 PM (Zz0t1)

559 What is the reason for the rail strike?
Posted by: FenelonSpoke
___

Greed.

Posted by: SMH at September 13, 2022 01:38 PM (tizKA)

560 yeah, well, panda express tried to sell me beyond orange chicken the other night. had i not had my wits about me, i might have wound up with some.

stay safe out there!

Posted by: kulak anachronda at September 13, 2022 01:35 PM (sGtp+)

-----

WTAF? I occasionally stop and get that very meal (via drive-thru). How did you discover that -- or did they disclose it in some manner?

Posted by: ShainS -- Go Galt or Go Rome at September 13, 2022 01:38 PM (GezPS)

561 552 Biden 'unexpectedly' shat himself.
Posted by: motionview, a MAGA Republican (who supports DeSantis) at September 13, 2022 01:37 PM (OYhYW)

Our models predicted that he would make it to 3:00 PM.

Posted by: Warai-otoko at September 13, 2022 01:38 PM (6FeV1)

562 Lorentz separated at birth from the bint at the BYU-Duke volley ball game who claimed someone used the N-word against her several times?

Posted by: Ziba at September 13, 2022 01:32 PM (4h9M3)


Lorenz is 40 years older than her.
Posted by: Sponge - F*ck Joe Biden

The latter is a definite spiritual N-Tower tho.

Posted by: John Podesta at September 13, 2022 01:38 PM (k0+bJ)

563 Is Angry Old Man Who Shits Himself actually so stupid that he believes himself?

Posted by: That NLurker guy at September 13, 2022 01:38 PM (eGTCV)

564 In my burg $15 an hour is so 6 months ago. Fast food is now $16 and $17 an hour, according to all the We’re Hiring signs. And still, virtually very restaurant is Drive Thru only because they can’t find enough people.

Here in Fairfax Co., the heart of NoVa, a substitute teacher makes $17 / hour. So we could just go down to the local burger joint and staff up.
Posted by: Archimedes at September 13, 2022 12:49 PM (ayzS/)

Swapping the staffs would improve the schools and destroy the burger joint.

Posted by: Oldcat at September 13, 2022 01:38 PM (eoQWY)

565 Some morons yesterday were talking about Biden's remark at his cancer speech yesterday telling cancer patients standing on a balcony not to jump. I thought the horde was just kidding as this is one of mush-brains lame attempt at a joke that he has used before. Find out, he actually said this.

Gee, were there any pediatric patients there, you know, to make it extra super funny?

Posted by: Cheri at September 13, 2022 01:38 PM (oiNtH)

566 In hopes of throwing Republican Voting Momentum away, Lindsay "My Lady bugs" Graham introduces unconstitutional 15 Week National Abortion Law.

https://tinyurl.com/y3jp8249

Way to read the room!

Posted by: rd at September 13, 2022 01:39 PM (Z32m1)

567 It utterly fails to take in the other half of the equation: capital. *Everything* is made out of labor *and* capital. Everything. They are the two fundamental inputs. Some things like railroads are capital-intensive and other things like computer programming are labor-intensive, but there will always be both and the mix can always be adjusted, at least a little bit.

It's one of the reasons why synthetically low interest rates are bad for wages - it puts an artificial capital preference into that mix.
Posted by: Joe Mannix (Not a cop!) at September 13, 2022 01:33 PM (t0OGg)
---
Marx is worse than that. His denial that demand plays any role, except "somewhere", means that you should pay me for my labor if I come and dig up your lawn, whether or not you were interested in it.

The comparative labor value is not the same thing as the total value of a service or good. Which is why I accept the classic LTV, but not Marx's uncritical extensions of it.

"Man! I'm extending a lot of energy as I keep slapping you, how much you going to pay me for my labor?"

You can't change a rough, useful comparative into an absolute.

Posted by: Axeman at September 13, 2022 01:39 PM (krQz2)

568 Is Angry Old Man Who Shits Himself actually so stupid that he believes himself?

Posted by: That NLurker guy at September 13, 2022 01:38 PM (eGTCV)

He doesn't even remember what he said.

Posted by: BignJames at September 13, 2022 01:41 PM (AwYPR)

569 yeah, well, panda express tried to sell me beyond orange chicken the other night. had i not had my wits about me, i might have wound up with some.

stay safe out there!

Posted by: kulak anachronda at September 13, 2022 01:35 PM (sGtp+)

-----

UPDATE: Did a quick search and they DO call it "Beyond" -- so I'll keep an eye out. I don't think my local one has it ... yet.

Posted by: ShainS -- Go Galt or Go Rome at September 13, 2022 01:41 PM (GezPS)

570 549 Whataburger opening in Fort Smith next month! The swiss and mushroom for the win!

Posted by: bill in arkansas, not gonna comply with nuttin, waiting for the 0300 knock on the door at September 13, 2022 01:41 PM (lz5hY)

571 Arby's two for $6 has gone to two for $7. This might not sound too bad but the ever popular gyro is on that menu, still quite tasty I might add. When you take into consideration the ways to cheat on weight of product, and what's really in that gyro meat, we have a problem.
Posted by: bill in arkansas

Not only have the Dominos chicken wings gone down to 6 pieces, but they have found the smallest bunch of chickens I've ever seen. Soon they will be hunting robins and chickadees.

Posted by: Oldcat at September 13, 2022 01:41 PM (eoQWY)

572 Nood Kiwis

Posted by: Inogame, non alius regit at September 13, 2022 01:41 PM (53oGX)

573 You can't change a rough, useful comparative into an absolute.
Posted by: Axeman at September 13, 2022 01:39 PM (krQz2)
++++
Especially when that absolute is also a goal. "More labor == more value" is not correct. Some stuff needs more labor, and that labor must be paid for, but labor is not the value end in and of itself, or in isolation. Marxist LTV is particularly insane.

Posted by: Joe Mannix (Not a cop!) at September 13, 2022 01:41 PM (t0OGg)

574 Inflation's running more like 10% per quarter rather than per annum.

The peanut oil my wife and I like for stir frying has, in the last 4-5 months, gone from $8 per bottle to $12.

Posted by: Additional Blond Agent, STEM Guy at September 13, 2022 01:41 PM (ZSK0i)

575 I'd like to see a nice juicy railway strike right now. Biden would have to fold and give them whatever they want, it'll be rather funny to watch.
Posted by: Tom Servo at September 13, 2022 01:37 PM (trdmm)

I believe it is coming. Amtrak announced this am that they are cancelling all long distance trips starting today.

Posted by: Jen the original at September 13, 2022 01:42 PM (9BmVP)

576 Whataburger opening in Fort Smith next month! The swiss and mushroom for the win!
Posted by: bill in arkansas, not gonna comply with nuttin, waiting for the 0300 knock on the door at September 13, 2022 01:41 PM (lz5hY)



The mushroom swiss is usually a limited time offer. Might not be on the menu currently. It isn't in North Texas at the moment.

Posted by: Sponge - F*ck Joe Biden at September 13, 2022 01:42 PM (Zz0t1)

577 Arby's two for $6 has gone to two for $7. This might not sound too bad but the ever popular gyro is on that menu, still quite tasty I might add. When you take into consideration the ways to cheat on weight of product, and what's really in that gyro meat, we have a problem.
Posted by: bill in arkansas, not gonna comply with nuttin, waiting for the 0300 knock on the door at September 13, 2022 01:34 PM (lz5hY)


It was 2 For $5 before the Chinese Coronavirus, and before "Joe Fixed the Economy!"

Posted by: rd at September 13, 2022 01:43 PM (Z32m1)

578 >Biden's remark at his cancer speech yesterday telling cancer patients standing on a balcony not to jump.

Much more tasteful if he had told a healthy about-to-jump man "cheer up you might have cancer".

Posted by: BourbonChicken at September 13, 2022 01:43 PM (44ww/)

579 While that is true by automating a segment of the kitchen it will likely become part of another job.
This is reality, the bussers or wait staff will fill the washing trays and slide and push the button...
Posted by: Inogame, non alius regit at September 13, 2022 01:36 PM (53oGX)

No, there will always be a dishwasher. He gets too wet and messy and burned to go out to the floor in public once things start rocking in the dishroom.

Posted by: Oldcat at September 13, 2022 01:43 PM (eoQWY)

580 566 In hopes of throwing Republican Voting Momentum away, Lindsay "My Lady bugs" Graham introduces unconstitutional 15 Week National Abortion Law.

https://tinyurl.com/y3jp8249

Way to read the room!

Posted by: rd
-------------------------
Won't matter much. Abortion debate has congealed over the years and a proposed bill subject to filibuster death does not get much attention outside of elites who already overwhelmingly favor it.

Posted by: whig at September 13, 2022 01:43 PM (CXr4y)

581 It was a long, protracted labor. 40 years long.
Hence, the freakish outcome.

Posted by: Ziba at September 13, 2022 01:44 PM (4h9M3)

582 Here in Fairfax Co., the heart of NoVa, a substitute teacher makes $17 / hour. So we could just go down to the local burger joint and staff up.
Posted by: Archimedes at September 13, 2022 12:49 PM (ayzS/)


Minimum is $18.50 an hour - but if its more than 11 days goes up to $24.86.

Posted by: blaster at September 13, 2022 01:44 PM (6TxNR)

583 Nood NZ

Posted by: Iris at September 13, 2022 01:45 PM (NaH5I)

584 In hopes of throwing Republican Voting Momentum away, Lindsay "My Lady bugs" Graham introduces unconstitutional 15 Week National Abortion Law.

*

Things Lindsay Graham has never, ever needed to worry about for $1000.

Posted by: Moron Robbie - China is making you buy EVs, read to bottom at September 13, 2022 01:45 PM (syPV9)

585 Marx is worse than that. His denial that demand plays any role, except "somewhere", means that you should pay me for my labor if I come and dig up your lawn, whether or not you were interested in it.

The comparative labor value is not the same thing as the total value of a service or good. Which is why I accept the classic LTV, but not Marx's uncritical extensions of it.

"Man! I'm extending a lot of energy as I keep slapping you, how much you going to pay me for my labor?"

You can't change a rough, useful comparative into an absolute.

Posted by: Axeman
-----------------------
Robert Heinlein has a funny teacher-student interaction in Starship Troopers over the LTV.

Posted by: whig at September 13, 2022 01:45 PM (CXr4y)

586 how is that tweet still up?

Posted by: turnout man at September 13, 2022 01:58 PM (wx6iv)

587 Even Locke denied that a "sweat equity" allowed one person to sweep up all the apples and let the ones he didn't eat rot in his cellar.
Posted by: Axeman at September 13, 2022 01:09 PM (krQz2)


Well, Locke is not right, should someone pick up an unclaimed apple or have right to claim it by owning the tree or the rights, then he can let them all rot. To claim others have right to property because of some sort of demand on justice means there is no property at all, since in a scarcity economy (both Locke's and ours) there is a greater need than supply, and any group that claims the right to redistribute that property according to the need has supreme power, like a federal regulating agency or GOSPLAN in the USSR

Further, it would destroy any pricing signal, so no one knows what the value of an apple is, and there is no reason to put them in the cellar in the first place since there is no way to determine what the actual value is and no way to determine if it is worth the storage space.

Posted by: Kindltot at September 13, 2022 02:00 PM (xhaym)

588 Rail strike is puckering some sphincters. Except for that of the DOT Secretary.

Posted by: InkMiser at September 13, 2022 01:10 PM (jxPI0)


Prolapse is a bitch

Posted by: Kindltot at September 13, 2022 02:01 PM (xhaym)

589 Anyone who spends money knows this... In one week for example one thing I buy went up a dollar as did almost everything else....
Posted by: It's me donna
--------

Pretty soon you're talking about real money.

Posted by: Braenyard's phone at September 13, 2022 02:13 PM (jd+Ya)

590 Going as planned I see.

Posted by: SOMEASSHOLESTOLEMYPEN at September 13, 2022 02:13 PM (ytSiK)

591 McDonalds has had $1 any size soft drinks for years.
Now they are advertising $1.39.

Posted by: MikeN at September 13, 2022 02:16 PM (HVIzT)

592 Just wait til they start blaming us kulaks for hoarding grain.

Posted by: Joe kidtoucher at September 13, 2022 02:33 PM (W+TLY)

593 Well, Locke is not right, should someone pick up an unclaimed apple or have right to claim it by owning the tree or the rights, then he can let them all rot. To claim others have right to property because of some sort of demand on justice means there is no property at all

Posted by: Kindltot at September 13, 2022 02:00 PM (xhaym)
---
I have to disagree. "Equity" is a community's reckoning. Locke was writing about the process by which society would attribute private property. So equity was quite on target.

One of the reasons why we have a personal property standard at all is that Locke risked his life writing against the King's compensated "experts" such as Richard Framer who argued that everything--and everybody--essentially belonged to the King.

Locke's is definitely one of the giants on whose shoulders we stand.

Posted by: Axeman at September 13, 2022 02:47 PM (krQz2)

594 Anyone discovered an approximate time when our institutions went to shite? I'm beginning to think it was just after the Soviet Union fell.
Posted by: Brando

A long time ago - but they really picked up steam when the government murdered JFK and completed Johnson's coup d' etat. It slowed down and temporarily reversed under 8 years of Reagan. We didn't begin to notice how bad it was getting until it hit the accelerator under Clinton, We lost a good bit of our Constitutional rights under George W and we passed the point of return when they annointed Barry Sotoro.

Posted by: Justasheep at September 13, 2022 03:19 PM (8GJtx)

595 What's really funny is that these clowns passed the Inflation Reduction Act when claiming there was no inflation. The IRA was chock full of fun stuff having little or nothing to do with inflation. Now, even in their best predictions, inflation is zooming up. LOL. These guys need to go.

Posted by: Mr. Barky at September 13, 2022 04:09 PM (D50EB)

596 I am making $85 an hour working from home. i was greatly surprised at the same time as my neighbour advised me she changed into averaging $95 however I see the way it works now. I experience mass freedom now that I'm my non-public boss. That is what I do.. http://www.Profit97.com

Posted by: Sarah at September 13, 2022 04:12 PM (9dr+x)

597 Correction; Dow Jones is down 1276.37. NASDAQ is down more than 5% for the day.
Perhaps the "Inflation Reduction Act" was about reducing the inflation of stock prices??

Posted by: Roland F Hirsch at September 13, 2022 04:23 PM (oMkPq)

598 At a nearby whole foods, a rabidly anti-Trump woke grocery featuring commie literature and rainbows everywhere, hot deli items are now almost twice the price as when the Orange Man was fighting off Dims and RINOs 2 years ago.

Posted by: Ju at September 13, 2022 05:16 PM (aTmM/)

599 Go pound sand Joe Biden

Posted by: Tamaa the Drongo Bird at September 13, 2022 06:06 PM (wGqjj)

600 Anyone who believes inflation is 8.3% should invest in my Malabo time share condos. Great investment for discerning economists and swamp dwellers in lovely Malabo.

Posted by: Obama's boyfriend at September 13, 2022 10:57 PM (EcD5Y)

601 I am making $85 an hour working from home. i was greatly surprised at the same time as my neighbour advised me she changed into averaging $95 however I see the way it works now. I experience mass freedom now that I'm my non-public boss.
That is what I do.. www.Profit97.com

Posted by: Sarah at September 14, 2022 08:07 AM (LFLc+)

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Posted by: killebrew at September 16, 2022 01:04 PM (kL1sE)

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Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
News/Chat