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February 19, 2017


matt - deplore me if you must


matt - deplore me if you must

Headline News! Trump wrong on Swedish Attack! World Melts Down!

Meanwhile in Malmo........


What stage of grief is the NYT at? I got lost after they hit lunacy.


Vox is already preparing pie charts showing how each axed regulation stunts a child's potential.

Account Deleted

Typepad eating my posts. Must be a sign.

Account Deleted

NYT Headline: "Trump Winning but Wrong"

"Just win, baby!" --- Raiders legend Al Davis


Regulatory capture. Or re-capture as above.

Consider the looney NGOs that captured regulators under Obama.

Consider the craven GOPe Chamber of Cronies that captured regulators under GHWB thru GWB.

Consider the growth of Internet companies during the Congressional tax / regulatory moratorium under Slick and W (ended under Obama for intense captive regulation aka net neutrality).

Nothing complicated or bad about no regulations. Unintended consequence is high growth from start ups while dinosaurs go extinct (DEC or Computer Associates anyone?)

Miss Marple the Deplorable

Trump's attention span is just fine. That's how he managed to build his multi-billion dollar business.

What he realizes is that the PUBLIC'S attention span is not great, so he tailors his message to both grab attention and explain it in understandable terms.

Account Deleted

"Nothing complicated or bad about no regulations. Unintended consequence is high growth from start ups while dinosaurs go extinct (DEC or Computer Associates anyone?)"

Counting on this. We have 10 in a basket we're calling "a Baby Berkshire" company.


Headline News! Trump wrong on Swedish Attack! World Melts Down!

Reposting from the end of the last thread:

More fake news: Libs are jumping on Trump for allegedly claiming there was a terror attack in Sweden the other night. He didn't, but he did allude to Sweden. The problem there is massive crime by refugees.

I happen to know this guy who made a documentary film on Sweden's refugee crisis, and he was interviewed on Tucker's show (this tweet has a brief video excerpt):

Miss Marple the Deplorable

To further elaborate,

Is the general public going to read Morgenstern's blah-blah-blah article with GRAPHS?


What they hear is "Regulations are killing our businesses."

"Sorry to keep you waiting. Complicated business."

Miss Marple the Deplorable

Leaving for a while.


That would be their ability to flourish at their full potential.

A human right declared by the UN and signed onto by Obama that is so crucial that every child from anywhere should have the right to emigrate to the US. Then of course in order for the environment to be sufficient to satisfy the requirements for flourishing, the parents get to come to and they need a living wage and healthcare and housing that meets minimum standards. Suddenly we are legally obligated to meet everyone's needs just as if we never won the Cold War.

Imposed as a matter of law using a completely new conception of the law and what governance means.

Lots has come out since Trump became Pres that seems to be about fulfilling the bo/UN/ Marx/ Hillary vision whether Trump wants it or not or is aware or not.


Trump's rebranding of the NYTs is "The FAILING New York Times"


Gretchen should go re-read her book on the financial crisis. She was pretty persuasive that the main driving force was Fannie & Freddie and their enablers in Congress like Bawney Fwank. But her employer probably requires that she find anti-Trump material to write about, however unpersuasively.


"Consider the looney NGOs that captured regulators under Obama."

It's hard to forgive GOPe for allowing govt to force businesses to fund pro-Dem NGOs

Captain Hate

What stage of grief is the NYT at?

Chapter 11

Account Deleted

Excerpt from a private subscription conservative newsletter... looking ahead to DOJ action re NATSEC leaking.

"Now that the Swamp People (as the IBD calls them, creatures inhabiting the swamp that needs draining) have declared open and treasonous war on the President of the United States, he gets to wage war on them. Thus the headline in Fox today (02/17): Trump mounts bid to find leakers, as speculation surrounds Obama officials.

Yes, obviously, because the leaks of classified information – recordings of Flynn’s calls, illegal in themselves – was done before Trump took office. These officials must be named, prosecuted, and if found guilty, imprisoned. Alinsky’s Rule for Radicals #13 must apply: Pick the target, freeze it, personalize it, and polarize it.

That means target Number One must be Obama’s CIA Director John Brennan. There couldn’t be a better signal to the Deep State than putting the leader of the Intelligence Community’s Traitorous Left behind bars.

On Tuesday (02/14), House Intelligence Committee Chairman Devin Nunes (R-CA) said that nine Obama officials “in senior positions at multiple agencies” illegally leaked the classified data to the press, and “all nine leakers belong in jail.” Start with Brennan.

Captain Hate

KK, we'll definitely get together in a less hectic time. Love the diner.

Account Deleted

Sorry if it's a repeat. A Handy List:

Here is a list of the top ten holdover Obama loyalist bureaucrats President Trump can either fire immediately or remove from their current positions (civil service).

John Koskinen, Commissioner of the Internal Revenue Service

Richard Cordray, Consumer Financial Protection Bureau Director

John Lansing, CEO of Broadcasting Board of Governors

Amanda Bennett, Voice of America Director

Kenneth Tota, Acting Director of the Office of Refugee Resettlement, Department of Health and Human Services (civil service)

Anastasia Brown, Acting Deputy Director for Refugee Programs, Office of Refugee Resettlement, Department of Health and Human Services (civil service)

Simon Henshaw, Acting Assistant Secretary, State Department Bureau of Population, Refugees and Migration (civil service)

Mark C. Storella, Deputy Assistant Secretary, State Department Bureau of Population, Refugees and Migration (civil service)

Lawrence Bartlett, career official, State Department Bureau of Population, Refugees and Migration (civil service)

Elaine Zimmerman, Regional Administrator for the Administration for Children and Families, Region 1, Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont (civil service)

David, Infamous Deplorable


I noticed the same thing a couple of days ago. He NEVER refers to them as anything but "the failing New York Times." As a piece of branding, it is genius. It is like "Crooked Hillary." Having the President of the United States calling you that is going to leave a mark, and it adds subtly to the whole effort to delegitimize the press. They have spent eighty years building their brand of "objective journalism" all the while being traitors, it is good to see them getting called out on it and their efforts at propaganda blowing up in their faces.



From the last thread, I can't find any evidence that rove had amy thing to do with Atwater, he's a third string player at bezt.


Colonel deare, can certainly be connected through implication in terms of his statements and his service record although I dontsee know his angle.


I'm puzzled by these "ladies" dropping their pants to moon Trump properties. I would guess that, to a woman, they are scandalized and outraged by the "grab 'em" tape.

Yet here they are voluntarily disrobing for him.

Account Deleted

More from "Guilty as Sin" by Edward Klein...

On Biden’s decision to run or not run for president against Hillary/Bernie:

He wasn’t there yet.

“There were endless discussions among Biden, Obama, and Jarrett about whether it was possible for Joe to make up for Hillary’s advantage in fundraising, data mining and her ground game.

“Finally after weeks of Biden’s Hamlet-like behavior, Jarrett lost her patience and told him, in effect, to snap out of it.

“ “If the president winks and nods, you can make up for everything—lost time, lost money, lost organization,” she told Biden, according to his recollection of their meeting.

“Biden nodded, but remained unconvinced.

The president could wink and nod all he wanted to, he told Jarrett, but the only way Obama could absolutely assure Biden that he would win the nomination was if Obama could absolutely promise that Hillary was going to be indicted.”


Love this:

largely fueled by reckless mortgage lending

See, it just happened all on its own. Ex nihilo, even...

Captain Hate

Biden’s Hamlet-like behavior

Never thought that paste eating dunce would merit a literary reference.


CRA? What's THAT?!?


touche hate at 12:11. from your lips to G-d's ears.

Frau  Vesalia

Late entry in the WWII Sat. evening recollections:
The evacuation of my husband with his five siblings and grandparents from Wesel on the Dutch border to eastern city of Plauen (think Dresden) came right before a last battle to establish a foothold on the eastern bank of the Rhine.

The planned Rhine crossing near Wesel, on the northern part of the Rhine, was the largest amphibious and airborne operation mounted since D-Day. Late on March 23, two British and two US divisions (from the US Ninth Army) began to cross the river near Wesel. Two airborne divisions, one British and one American, landed on the east bank of the Rhine on the following day to buttress the river assault.

The Americans turned eastern Germany over to the Russians, trapping many Rhinelanders. After a difficult and dangerous trip back to the ruined home town, the family lived with farmers. The fields around Wesel were littered with the gliders that had been used in Operation Varsity and were shown on daddy's link. My husband remembers playing in abandoned craft. I imagine the gliders were recycled, especially as fuel in the post-war period.

One of the more destructive false memes of the last quarter century.

What if? The bogus Boston Fed study had been debunked at birth?

Janet ~ an obnoxious Trump supporter 🚬

I'm puzzled by these "ladies" dropping their pants to moon Trump properties.

My FB post on that (pictures posted with a comment & a link to the HuffPo article) has got 447 shares now.

Those are shares by people I don't know.

Did any of the old MFM outlets show America THAT anti-Trump "protest"?
Did ABC show it?
CBS? NBC? Was it on Good Morning America?

James D

Janet posted this on the previous thread and I think it's worth repeating:

McCain called us Hobbits. Anderson Cooper & others called us teabaggers. The old MFM printed lies about us, made up by Democrat con men.

They didn't bother to verify accusations, but we're suppose to respect them? I don't think so.

Exactly. The MSM and the politicians and the bureaucrats hold a huge chunk of the citizenry in total contempt, have done so for decades, and no longer bother to make the slightest effort to hide it.

Why on Earth do they merit one ounce of respect or deference?

Account Deleted

Vandy Cooper... From the moment I saw that twink on an airport tv monitor I knew the Left was headed for a fall.

Janet ~ an obnoxious Trump supporter 🚬

an interesting old link from 2013 -

Watchdog Article: New Windsorgate emails show EPA collaboration with media 'friendlies'

*Friday document dump - check
*most of the emails redacted - check
*violated laws & regulations with phony email name - check
*needed a court order to force the EPA to turn over the emails - check
*worked with a friendly MFM - check

*No consequences for lawlessness - check

BONUS...this bit in the article - "The agency posted the new batch of Richard Windsor emails Friday evening as President Obama prepared for a weekend golf vacation in Florida on a trip from which White House reporters were barred. In response, Ed Henry of Fox News and the incoming president of the White House Correspondents Association, released a strongly worded statement blasting the decision:

"A broad cross section of our members from print, radio, online and TV have today expressed extreme frustration to me about having absolutely no access to the President of the United States this entire weekend,"


Welcome to President Donald Israeli Zionist Shill Trump


Does anyone click on TBT's links?


Who's TBT?


Good point.



Shall I put up a birther link for you?


Sorry, meant to add this: 😎...

Frau  Vesalia

The anti-Trump Butt Brigade was the epitome of useless vugarity and on par with Whoopi's "bush" remarks which were heartily enjoyed by the press and prog public. Is it wittier if a recognized person is vulgar?

Frau  Vesalia

Preview is my fiend!



You of all people should watch that youtube


Frau, you spelled Pfui! correctly.


you spelled Pfui! correctly.

How do you know it wasn't a misspelling of "backpfeifengesicht"?

pagar, Bacon, Ham and Pork Chop Supporter

Kill 2 for every new reg.

"According to American Action Forum (AAF) research, 68 federal agencies impose roughly 23,000 forms. "

"The federal government provides data on the total number of hours (11.4 billion) and the number of control numbers (roughly 9,300)"

"However, no such restraint exists for regulators and the almost countless hours of requirements they impose on Americans"

IMO, the rule to get rid of 2 old ones for every new one will never solve the program. Even getting rid of 100 old ones for 100 new one will never solve the problem. Only getting rid of entire divisions with employees and all will begin to help, IMO.

Captain Hate

Go Terps!

pagar, Bacon, Ham and Pork Chop Supporter

". Even getting rid of 100 old ones for 100 new one will never solve the problem." Should read 1 new one.


Who are they playing, CH? I know it ain't the Tarholes, to appropriate your term of endearment...

Jack is Back!

Badgers of Wisconsin, lyle.


Maybe have a law that every single item in the Federal Register expires each December 31st unless explicitly reauthorized (complete with citations of the explicit clause in the Constitution that gives the government authority to enact it, plus environmental impact statements, static and dynamic scoring by the CBO, and with Steve Bannon's seal) by Congress.


Watching Chris Wallace going spastic quizzing Reince Priebus. Priebus correctly accuses Wallace of going bananas. Wallace takes offense. Wallace needs to be wearing diapers.

If I was Trump I'd tell my guys to quit appearing on Wallace's Show. He's an idiot and doesn't deserve the opportunity to grill these guys.

Frau  Vesalia

sbw - today's local McClatchy newsrag has several articles on FDR's Executive Order 9066 --signed 75 years ago today--plus a full-page map showing where the Japanese internment camps were located, none of which is a vacation dream spot today. A separate article tells about the l1,000 German-Americans and a few thousand of Italian ancestry who were also forcibly resettled during WWII. The non-citizens were all legal alien residents of the US.
It occurred to me that the current attention on *illegal* aliens, and sympathy by the dems, was to be compared to the action of St. Delano. It wouldn't surprise me if that is the purpose for the major focus in the newspaper today.


Feel-good story of the day! Tucson's mayor, Jonathan Rothschild, is a progressive democrat and supports Tucson's being a sanctuary city. No meaningful description of the Prius carjacker, so draw your own conclusions.


For all of us who love Wretchard, click over to Insty to get some quite pithy tweets.


That's just delicious, Tonto.


Bet it was one of those Mormon missionaries who jacked that car in Tucson...


Tonto, note it was a Government owned Prius. Just an illegale screwing taxpayers, not a big deal. No skin off the mayor's back.

Frau  Vesalia

11,000 German-Americans.
I'd better stick with Pfui!

Tonto - Citizen Rothschild should be driving his *own* consarned car. Why does the city buy one for the major? Is he impoverished? Why isn't he biking it like Ed Begley, Jr.? If he lives in Tuscon, he's used to the heat. Carpooling? No Uber in Tuscon?


ftw, CH!!

What stage of grief is the NYT at?

Chapter 11


Agree, anonomom. Well played, CH.

Frau  Vesalia

CH ftw - I agree anonamom.

lyle, You might be right; the carjacker was described as "clean-cut."

buccaneer morgan.

A real reason for agita in the right circles


Frau, Democrats are postmodern.

They don’t acknowledge history except as a story to be revised to encourage the future they want.


Was the perp wearing a tie and a white shirt, Frau?


Chris Wallace: You say that what's happening to Donald Trump right now is that the Left Wing Courts, the Left Wing Media, the Left Wing Bureaucracy, are in your words trying to sabotage his Presidency. Sabotage?

Rush Limbaugh: Actually I do. It is driven by 2 things. The First thing that is going on in my view is that it it is preposterous to believe that the Russians had any effect on the outcome of voting in this country. It's absurd. There is no evidence, zilch, zero, nada. The NYTimes has run 2 stories that are basically propaganda on this, one in October, and one this past week. Both stories clearly say "No evidence!" Nobody they talked to has any evidence whatsoever to suggest it. The Second thing I think is important for people to remember, is that people who voted for Donald Trump really, really believe that they were going to lose the country if Hillary Clinton won. This is not an idle thought, it's not an exaggeration, They really believe that the country as founded was up for grabs, it was over if Hillary had won, if the Democrats had had another 4 or 8 years to do what they do with the Judiciary and so forth, so those 2 things, if you try to understand both of will have a much greater ability to understand Trump and his supporters if you can intellectually accept those 2 premises.


"Could" skewer SJW campus agenda?

Perhaps ability to skewer should be the sole job skills requirement.

buccaneer morgan.

Re greenwald as with assuange a qualified endorsement, recall he was part of the innocent detainee wurlitzer, and seem to think that no drone is a good drone, as with the late Michael Hastings he occasionally found the nut, another associate scahill who wrote the black legend for backwater, canceled on milo's appearance on maher.

Captain Hate

There is nothing not to like about Tonto's link.

buccaneer morgan.

In mark greaney's very timely tale, a reporter somewhat like Hastings meets an end investigating a black project, actually at the hands of the Saudi hit squad the director has empowered to operate on the streets, hydra style.

buccaneer morgan.

How about the whole ap (tedacted) switchboard, meatloaf?


Chris Wallace: You also use a phrase which I have to say I only heard for the first time in the last couple of weeks...The Deep State, and thats the notion that there is an Obama shadow Government imbedded in the bureaucracy, that is working against this new president. I think some folks will think thats right on and some folks will think it's awfully conspiratorial.

Rush Limbaugh: Well I would love to take credit for that but I think it comes from a reporter named Glen Greenwald who has a relationship with Julian Assange. He actually coins the term and I think it works. Who's driving this business that the Russians hacked the Election? it's the Democrat Party. It's Hillary, it's Obama, it's all those people who just can't accept that they lost.

Chris Wallace: And you think they are behind the leaks too?

Rush Limbaugh: Absolutely! Look it. They can't win at the Ballot Box. They're down 1200 seats since 2010. They have become a marginal party electorally. All they've got is their imbeds in the bureaucracy and the Judiciary, and they're pulling out all the stops. This business of "the Russians hacked the Election", this is a serious, serious allegation that is impossible. The Russians could not have had any impact whatsoever on Voting! Either how they were cast or how they were counted. In fact, if you want to say they did, they did their job, since Hillary won the popular vote. How could they have possibly had any...this role premise has been driving news coverage here ever since Trump took office and even before. You don't need any more evidence than that to suggest and to know that the Left, which is run by Obama and Hillary and the hierarchy in the Democratic party, is doing everything they can to undermine, sabotage, and to prevent Trump from implementing his agenda. There's no question about it. I know what Trump should do.

Jack is Back!

Terp's head coach is real calming influence on his team. LOL. Bobby Knight may have to be called in to give anger management lessons.

Jack is Back!


When you think about it, it's the Rush Limbaugh Presidency. Trump is living out every one of Rush's complaints, ideals and progressions as outlined every weekday from noon to 3 on his radio show.

And the Femi-nazis with their bare asses, are showing how great a call it was he made.

pagar, Bacon, Ham and Pork Chop Supporter

Can some one tell me where to find this Tonto post that people are talking about?


Wallace is incapable of shutting up and letting his guests answer the questions that they are already properly answering. Even in the simple reportorial task of asking questions Wallace is incompetent.

buccaneer morgan.

This one pager:

We'll have to wait for the mail, to tell us how 'clean cut' the assailant really was.

Jack is Back!


2:15 link above.


Clinton’s State Department Cover-up of Pedophilia

buccaneer morgan.

They should have tucker do it, he'll break out the ginzu knives in short order.



I thought Rush did very well, and I only wish that at the end of the segment it was Chris Wallace who had walked off stage, and that Rush had taken over Wallace's job of questioning the follow on panel.

Wish I could have transcribed more but ran out of tape.

Kimberly Strassel doing a good job of making Rush's points about the Media refusing to give Trump a "Honeymoon" and also about entrenched bureaucrats in the EPA and in the NSC doing their damnedest to hobble Trump and his agenda.

pagar, Bacon, Ham and Pork Chop Supporter

Thanks, to you both.

buccaneer morgan.

How does one say, you are the weakest link:


I love when Wallace asks Kimberly Strassel his question saying how much Republican and White House disarray there is and she replies "I actually could not disagree more!" and then she does chapter and verse. Ha!!

Captain Hate

[Redacted] Wisconsin; they'll be a quick out in the tournament when they don't get twice the free throws as the other team and Doogie Howser doesn't get all the rebounds. CBS needs to get rid of Kellogg.

Account Deleted

Weather report from Berkeley CA on this fine day:

buccaneer morgan.

This was the swift move of calling the occupation of Algeria a war crime.

The Gipper Lives

"You look at what's happening last night in Sweden. Sweden, who would believe this. Sweden. They took in large numbers. They're having problems like they never thought possible."

He said "problems". Not "massive terror attack". As for "last night", perhaps he was referring to this, on Thursday:

Daily Mail: Syrian asylum seeker is jailed for life in Sweden after horrifying footage emerged of him taking part in the execution of seven men in 2012

"A Swedish court on Thursday sentenced a Syrian man to life imprisonment for participation in the 2012 mass execution of seven government troops in Syria."

But if the president said Friday instead of Thursday, he's obviously a delusional liar and there is no problem in Sweden with Syrian refugees wandering in and out of Europe committing various atrocities, crimes and welfare fraud. None. Things are hunky-dory.
Maybe the president was referring to problems like the Swedish Rape Epidemic. And the Swedish Facebook Rape. Also Obama's State Department less than a year ago: US warns Americans in Stockholm to avoid crowded places after ISIS threat...

Perhaps he meant this, too:

Truth Revolt: "A school in Sweden that won an award for taking the most migrants has now been deemed a hellhole, according to Swedish reports.

Winning the Värnhem School Peace Prize for accepting the most number of migrants, the Värnhem School in central Malmö has become a hotbed of criminal activity, replete with drug dealing and ethnic brawls...another school in the area that had students "playing an ISIS execution and a girl was put in a stranglehold."

Instead of "cops and robbers", the kids in that Swedish school are playing "Beheaders and Infidels"--but How 'bout That Trump!

Is a press free if they're slaves to their agenda?


Is there a Cliff Notes version of what TM posted above?

He lost me at The NY Times, NOT an enemy of the people...

Account Deleted

Having a good laugh on p58 of "Guilty as Sin" where Klein relays:

" Many in the Democratic Party believed that Elizabeth Warren could take Hillary down if she got into the race.

" Where Hillary was wooden and uninspiring, Warren was a spellbinding orator.

"Where Hillary mouthed progressive platitudes, Warren actually believed in them."


Please nominate that gargoyle in 2020. Please. Please. Please.


Rand Paul: We’re very lucky John McCain’s not in charge

“Everything that he says about the president is colored by his own personal dispute he’s got running with President Trump, and it should be taken with a grain of salt, because John McCain’s the guy who’s advocated for war everywhere,” Paul said on ABC’s “This Week.”

“He would bankrupt the nation. We’re very lucky John McCain’s not in charge, because I think we’d be in perpetual war.”

“I would say John McCain’s been wrong on just about everything over the last four decades. He advocated for the Iraq War, which I think destabilized the Middle East.”

“If you look at the map, there’s probably at least six different countries where John McCain has advocated for us having boots on the ground.”

buccaneer morgan.

Its sketchy after that daddy, Sutton dilinger, my coinage did not prevent mf global, what did it actually do, provide a solution to the wrong problem.

Ignatz Ratzkywatzky

--Even if government regulations are sometimes a burden, they are clearly critical to the functioning of a modern economy and society.--

The government regulation of ivory effing towers ranges from nil to negligible, so I'm sure to little dumbass Bobby they are critical to our well being, and I suppose, being generous, from 1 to 5% of regulations are critically necessary.

Out here, however, where the towers are made of mined iron ore and limestone and logged wood the regulations are onerous, stultifying, wealth and job destroying and an enormous burden.

When I started logging 30 years ago a Timber Harvest plan was about 10 - 20 pages, took about a month or two to be approved and cost 1-1500 bucks.
My last one consisted of two stacks of paper, the THP itself and an archeological addendum each about 3/4 of an inch thick, took over a year to get approved and cost $15,000.

But the ironic thing is logging itself is done very nearly exactly the same on 95% of all ground as when I started. In other words, all that red tape and hoops to jump through and all those extra goldbricks my extra $10,000 paid for did absolutely nothing to further protect the resource they're supposedly there to protect.

Keynes was on to something when he suggested hiring dudes to dig holes and fill them back in as an economic stimulus. At least they wouldn't be out here interfering with actual wealth and job creation.


Ffs maguire...

Either be a Trumpfuhrer or no. No middle ground there as demonstrated by your own tepid entourage of luke warm adherents.


Don Surber: Another reason to defund NPR

Why as a taxpayer am I paying for nonsense stories aimed at tearing down the president?


Jack is Back!

I have decided after these first few weeks, that Trump hasn't inherited a "swamp" but a "nest of vipers".

I really fear for him and his team. 8 years of Zippy building a resistance through the federal bureaucracy and his apologitic media. Then you look at Kev's top 10 bureaucrats left over. Its more like hundreds or even thousands. Even in the border patrol you have rogue agents.

He has his work cut out for him and its not like building but demolition. Don't know how much of that Trump has of experience.



I'll wager your whine was loudest in Mrs Graves 4th grade when everyone in the class had to be punished for the behaviors of the few.

Grow the flock up ffs..



If you are crafting acerbic skills via the written word avoid kevlar's example. His reach exceeds his androgynous grasp for different reasons.

Ignatz Ratzkywatzky

Another perfect example of overegulation out here in CA you might think the guy of Case/Shiller fame would know about is the fees counties charge building permit applicants for new single residence construction.

You can figure on a minimum of $30,000 in fees before you can put a shovel in the ground and $50,000 is much more common.

Not surprisingly, in rural areas where that number is often a third of actual building costs, new construction lags and bare land is very difficult to sell at all and when it does it's at a discount.
When ZIRP disappears things will get much, much worse.

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