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October 05, 2011

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DebinNC

You know who this helps?

No, hit. Who?

Rick Ballard

Ignatz,

BEA Definitions - Rental income of persons with capital consumption adjustment.

Earnings from the rental of real property by persons who are not primarily engaged in the real estate business. It also includes the imputed net rental income of owner-occupants and the royalties received by persons from patents, copyrights, and rights to natural resources.

There's no doubt that some of the $207 billion was cash rent but I'll bet $1K (BOzobucks) that at least 90% was imputed income. 35-40% of the increase in personal income reported by the BEA in the past three years was pure fantasy. You can take the series back a bit farther to see what a joke the number has been since 2008. They give it a push whenever they decide that "good news about rising personal income" is needed.

daddy

Well at least President Obama wasn't reading those kids the new children's book by Richard Dawkins: “The Magic of Reality: How We Know What’s Really True,”

Per Sally Quinn, WaPo "Religion" Editor:

"But his most controversial chapter is “How did everything begin, really?”

“There are two major theories,” says Dawkins. “The steady state theory, that the universe has always been there with matter continuously created in the gap, or the ‘Big Bang.’ ” And Dawkins is a Big Bang guy who rejects the question, “Who — as in God — made it?”

“It’s not a sensible question,” he says. “It’s like asking, ‘Why are mountains jealous?’

Thomas Collins

BFF, there was plenty of conservative criticism of GWB. See LUN for an example.

Benjamin Franklin

" "Trust-fund slackers" sounds sprung to me."

It wasn't verbatim, but that's the gist. Do you concur?

DebinNC

Can anyone imagine conservatives criticizing Bush as POTUS
with the intensity displayed by the Left

Do the words "Harriet Miers" ring a bell?

Ignatz

--Really...Can anyone imagine conservatives criticizing Bush as POTUS
with the intensity displayed by the Left while the Great White Hope , Obama faces HIS re-election?

I think not....think about it.--

Bush received a great deal of cogent, sincere criticism from conservatives and libertarians, but the intense, vile stuff usually only came from extremists like the John Bircher paleos.

So the left sounds just like the Birchers, only worse......think about it.

Sara (Pal2Pal)

Palin Statement:

After much prayer and serious consideration, I have decided that I will not be seeking the 2012 GOP nomination for President of the United States. As always, my family comes first and obviously Todd and I put great consideration into family life before making this decision. When we serve, we devote ourselves to God, family and country. My decision maintains this order.

My decision is based upon a review of what common sense Conservatives and Independents have accomplished, especially over the last year. I believe that at this time I can be more effective in a decisive role to help elect other true public servants to office – from the nation’s governors to Congressional seats and the Presidency. We need to continue to actively and aggressively help those who will stop the “fundamental transformation” of our nation and instead seek the restoration of our greatness, our goodness and our constitutional republic based on the rule of law.

Thomas Collins

BFF, what is your issue with "as if"? If you claim not to be that professor, you could still take a look at the syllabi and address my query. Your postings here are pretty consistent with the American Politics syllabus of that professor. So you would be in a good position to provide your thoughts on the readings in that syllabus.

As far as my state of intoxication or sobriety, when I imbibe, I don't examine the syllabi of poly sci. professors. Perhaps you do, and that is why you think I have tipped a few too many? :-))

Ignatz

--So the left sounds just like the Birchers, only worse......think about it.--

To buttress my point on the similarities between the OWS crowd and the Birchers was your very own and quite understandable misapprehension that Antiwar.com was a lefty site; cause it sounds just like one.

OldTimer

Fox News is reporting that Apple has confirmed Steve Jobs has died. Sad.

Old Lurker

Steve Jobs dead per Drudge.

narciso

To complain about the prescription drug benefit, seems a little tone deaf, specially
in the stentorian tones that Bartlett adopts

Extraneus

when I imbibe, I don't examine the syllabi of poly sci. professors

Hear hear!

Ignatz

--I'll bet $1K (BOzobucks) that at least 90% was imputed income.--


Why don't they impute my timber as income even if I don't cut it for another twenty years?
My wife was a dental hygienist when I met her but she stayed home to raise the kids. Why not impute the income she could have earned the last 20 years?
Unfrickin believable.
I just had a thought; Barry could easily close our deficit if he just taxed us all on our imputed incomes. Genius.

Extraneus

Steve Jobs Dead

hit and run

"Hippies and trust-fund slackers. Dupes of Soros."

...was Benjamin's original formulation only rearranged: "trust fund slackers, Hippies and Soros stooges".

But I have to say,I have never met a singly OWS occupier who isn't a hippie trust fund slacking dupe of Soros. Not a single one.

centralcal

Man, what a gloomy day - Palin and Jobs. What is the third bad news for the day?

Benjamin Franklin


Chaco; Here is your verbatim....

I really don't understand the derision you folks dish out to the people protesting the Bankster's impunity.

I believe you.

Here are some possibilities to consider:

* we think many of them are parlour pinks who couldn't be doing this except they are getting support from Mom&Dad or a trust fund.

* those of us old enough to have been tear gassed instead of pepper sprayed remember how "meet the new boss, same as the old boss" was prescient and "don't get fooled again" a useful warning.

* we think they're just wrong, and we question whether hectomillionaires calling for beheadings of rich people are serious.

Danube of Thought

I will use BC and AD until the day I die.

Old Lurker

Iggy, re taxing imputed incomes...that is the same as taxing net worth when you think about it that way...and how many towns tax land at its highest and best use regardless of its actual use?

pagar

"My closest neighbors are dairy cows". : )

Henry, you better check with the judge first. He says: all those cows and their products belong to the state.

https://foodfreedom.wordpress.com/2011/10/03/wisconsin-judge-rules-no-right-to-own-a-cow-or-drink-its-milk/

Benjamin Franklin

"you could still take a look at the syllabi and address my query"

You seem married to that contention. Why shall I divorce you from your predilections? Could I? I doubt it. So, continue to stew in your proverbial juices, and be happy.

Clarice

I feel so sad to read of Jobs' death. I never knew him but he was so creative and so young. It feels a personal loss somehow.

Clarice

Know what you mean DoT. I just figured out yards and inches and feet and I ain't going metric.

Clarice

P.S. By my calendar it's the year 5722 and these days I feel like I've been around since year one.

Danube of Thought

Harold Meyerson: reliable, unimpeachable source.

henry

Egads!!!! Dane County has some crazy judges. That ruling wasn't in this quarter's farm bureau newsletter, but my human neighbors will be quite po'd when they hear about it.

Thomas Collins

OK, BFF, thanks for your answer. You don't want to discuss what might promote intellectual diversity at college campuses. I understand. Stay in your comfort zone.

narciso

Well he is retiring, henry, so there is that to consider.

Thomas Collins

RIP, Mr. Jobs. And thank you for improving our lives.

Benjamin Franklin

"OK, BFF, thanks for your answer"

No need to thank me. I try to answer every honest question without expecting anything in return.

Danube of Thought

their shared anger at what banks have done to them — to all of us — should be sufficient to cement this nascent coalition.

Ask one of them at random what "the banks have done to them." You'll laugh raucously at the answers.

Danube of Thought

I wouldn't take seriously what Rubio says now about the VP slot. It would be unseemly to say otherwise.

Thomas Collins

I don't expect anything in return, BFF. I would hope that today's college students would receive more in return for their spending time and money (or their relatives' money) in college. But I suppose every student, no matter what he or she studies, must in some part be an anthropologist and take the time to think about the the tribe of the professors, their culture and the prejudices they bring to bear in their teaching.

DebinNC

new thread

PD

will only hurt our cause by making us look like extremist nut jobs.

They should count themselves lucky to *have* a job in Obama's America.

daddy

"Henry, you better check with the judge first. He says: all those cows and their products belong to the state."

Little does that Judge know about The Fantastic Four (Ish number 2, 1961) .

henry

Daddy, you never cease to amaze. LOL

Jane

I feel so sad to read of Jobs' death. I never knew him but he was so creative and so young. It feels a personal loss somehow.

I feel the same way, and I've never been an apple person or known a thing about him. I just wish he could have had a long life to bask in his success.

Barbara

I will use BC and AD until the day I die.

Same here, DoT.

Benjamin Franklin

" the prejudices they bring to bear in their teaching."

Holy Moly....FYDoT...

bgates

The smartest was Matt, a waifish blue-eyed grad-student with expressive wrists....Matt calls on folks “not in the order people raise their hands, but with sensitivity to racial and gender order.” “It’s not leading,” he insisted. “It’s horizontal facilitating.”

I get the sense from that little excerpt that Matt likes to horizontally facilitate from behind. Not that there's anything wrong with that.

Danube of Thought

FYDoT...

I said nothing to you or about you. You are badly confused.

rse

Tc-

I had this discussion with Rick awhile back but it is my belief that Hayek and Von Mises, probably Menger too but my knowledge of him is not primary sources, almost figured out the flaws too well. To teach them is to finally reject socialism under all its veils. Their diagnoses if studied make it hard to regroup. And planners always want to reconfigure the theory.

I know what happened to higher ed. When, where, why, and how. That will be part of the story. Came out inadvertantly but unmistakeably.

Melinda Romanoff

rse-

Hayek, in particular, and Mises had the hagiography of that religious icon cold. Rick owns this subject. I just work in the Department of Applications.

But I'm working my way up to guild level.

Captain Hate

Maybe it's time to stop nursing teh grievances?

Why? Tell me what I should feel optimistic about because I like to feel optimistic but nothing right now makes me feel that way. We're going to have a long slog back from the deep hole the jugeared fellow has dug for us; and it's going to take people in office that are more than merely competent at keeping things from getting worse. We need somebody who you can count on to make the right moves for the country and I don't think Romney is one of those. Maybe Perry or Cain is that person but I don't know. But maybe they are; they all have executive experience which gets overlooked by the MFM when they aren't engaged in the casuistry of saying that BOzo had it by running his campaigns, which at the very least was misleading.

I haven't kidded myself about the likelihood of Palin being Goldwater v2.0 more than the second coming of Reagan. But what never gets factored into that is that Goldwater never engaged with voters like Reagan did. AuH2O was lacking the X factor which Reagan had and I think Palin has as well. That still may not have been enough but I lived through both Presidential races and this is a lot more like 1980 than 1964.

I hate the cult of personality that attaches itself to the office of President because that solely got us El JEFe. But I'd be a fool to discount its existence. Right now I can't get excited over the Repub candidates although maybe Perry will do it for me. Otherwise I'll go to the polls next November and vote with the same enthusiasm I did for McCain.

Melinda Romanoff

CH-

Nice vent.

I have some of my own form of hope that be hiding in the hinterlands of economic data that I am extremely excited to know about.

If you want it straight, I'll e-mail it. You know where.

Benjamin Franklin

" We need somebody who you can count on to make the right moves for the country and I don't think Romney is one of those. Maybe Perry or Cain is that person but I don't know. But maybe they are;......I haven't kidded myself about the likelihood of Palin being Goldwater v2.0.....Right now I can't get excited over the Repub candidates although maybe Perry will do it for me."

Jeebus. And you folks say the OWSers are confused and unfocused.

rse

I think you qualify now Mel. Did I tell you Red and her friend have decided they may never have anyone explain how markets work better than what you managed to do over lunch?

If more high schoolers could listen to your common sense explanations perhaps they'd be less susceptible to the higher ed theories. That were designed to corrupt.

Captain Hate

Yes please email it Mel.

Charlie (Colorado)

Really...Can anyone imagine conservatives criticizing Bush as POTUS with the intensity displayed by the Left while the Great White Hope , Obama faces HIS re-election?

If he'd managed this total a display of foolish obstinacy, idiological blindness, and utter gormless incompetence?

Hell yeah.

Melinda Romanoff

rse-

It's the "cloud" aspect of the market that is the big hurdle, and is the part that's the most fun.

CH-

I think I've got your addy in here somewhere...

Benjamin Franklin

"If he'd managed this total a display of foolish obstinacy, idiological blindness, and utter gormless incompetence?

Hell yeah."

and............

Charlie (Colorado)

It wasn't verbatim, but that's the gist. Do you concur?

Largely. But the editor in me revolts against being quoted with other words.

Charlie (Colorado)

and............

And since he didn't, it wasn't necessary.

macphisto

by this point in Nixon's second term he'd lost so much GOP support that he'd been forced to resign.

Rick Ballard

I don't think that I'd bother offering a holy water shower to a vampire. It doesn't seem as if it could ever be worth the effort.

RSE,

Mises and Hayek had seen the imposition of precisely the type of totalitarian regime necessary to effect "successful" commie/socialist/progressive governance in Austria just before and during WWI. While they did not suffer from Schumpeter's brand of romantic fatalism, they were also not gifted with the clarity of an Adam Smith or a Frederic Bastiat. Had they been so gifted I believe they might have been more effective in communicating the fact that a totalitarian state is an absolute necessity for the furtherance of the romantic idiocy which underlies "progressivism" in all its rotting manifestations. Both Mises and Hayek knew that the imposition of a totalitarian state was possible in Europe and the UK but I'm not sure that Hayek had a clear grasp of the fundamental difficulty of imposing the totalitarian dream in the US - even now, after 100 years of pustulant progressive termites munching away on the educational system.

Of course, a great deal of the progs' difficulty lies in the fact that their system is a hoax married to a fraud and their "guardian" technocrats the greatest assembly of credentialed morons ever assembled.

That does slow things down a bit.

Sara (Pal2Pal)

We need somebody who you can count on to make the right moves for the country and I don't think Romney is one of those.

I think Romney, the fix-it man, is exactly one of those.

Charlie (Colorado)

Chaco; Here is your verbatim....

See? I told you: triples. Two items in a list makes me vaguely uncomfortable. But yeah, I'm comfortable with what I wrote. I'd add "rent-seeking union leads and political operatives trying to co-op a bunch of rather naive arrested adolescents."

JM Hanes

"Tell me what I should feel optimistic about"

Tell me where I said you should be optimistic?

Sara (Pal2Pal)

Really...Can anyone imagine conservatives criticizing Bush as POTUS with the intensity displayed by the Left while the Great White Hope , Obama faces HIS re-election?

I don't have to imagine. I saw Michelle Malkin and Bill Kristol do it all the time.

Charlie (Colorado)

I will use BC and AD until the day I die.

And, oddly, I don't recall anyone telling you you had to do anything differently.

Me, I find it a little unnerving that the year 1AD happened in the year 4BC.

But then I used to have to do a little talk at the beginning of every semester explaining the difference between cardinal and ordinal numbers, and why there was a year 1 but no year 0.

PD

The left's two claims:

1) The right marches in ideological lockstep. No one on the right will ever criticize anyone else.

2) Infighting on the right threatens its ability to present any coherent message or achieve effective political results.

And of course these things are equally, and simultaneously, true.

Melinda Romanoff

CH-

Sent to the CH addy.

cathyf
Me, I find it a little unnerving that the year 1AD happened in the year 4BC.
Really? I thought that New Year's Day in 1AD followed New Year's Eve in 1BC.

(and, yes, the no zero thing gives me the creeps. But then I'm in a mixed marriage -- married to a fortran programmer. He handles the lack of zero better...)

Sara (Pal2Pal)

This poll surprises me:

Large number in Florida would be less likely to vote GOP with Rubio on ticket

I guess he is liked by more people outside of Florida than in.

rse

Rick-

When I get done you will see precisely how the termites worked and the theories use to deliver the poison. We were more resilient than they appreciated but the elements are now in place to close off all previous escape routes. That's why this is such a high priority for spending no matter what.

It really was intended to be an invisible serf collar to the wearer. Of course the fashioners understand precisely how to manipulate the serf.

The process of telling this story, with my Ticonderoga No 2's and Pink Pearl when I do not think the phrasing is right, is very illuminating to further appreciate the scheme.

Dina

You information is amusing

richard40

I hadn't been sure what to think of this bill. After all China has actualy been manipulating their currency. And Trump has been talking a long time about how we need to stand up to China. But if Paul Krugman supports it, that it a sure sign it is probably bad, since I have never seen Krugman support anything that was good.

As idiotic as Krugman's collumns are, he actually performs a very useful function for me. I can always be sure that if Krugman says anything, that position is probably wrong, and I can be safe by opposing it. He serves as a very good leftist BS detector.

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