The Daily DOOM

DOOOOM

PSA: If you just can't get enough DOOM in the morning post, now you can get your DOOM all day long! DOOM is now available on Twitter by following @AoSHQDOOM. All DOOM, all the time. The usual Daily DOOM will be a digest of selected Tweets from the previous 24 hours (with perhaps a bit more smartass commentary from yours truly).

The recent CBO report is chock full of really unhappy economic news, but it's nothing we didn't all see coming. Of particular note is the Social Security Ponzi scheme, which is tipping into the red far more quickly than the con-artists who run it thought it would.

The “it’s the economy, stupid” trope is itself quite stupid, and I don’t know why people keep trotting it out every election cycle. The economy is important, but there are other polarizing factors at play that may well trump economics in the modern political climate. Obama’s hard leftist base is clearly where his heart is, and people who plan to vote for him are well aware of this -- even the so-called “centrists” who always seem to lean left when the chips are really down. Democrats will turn out for Obama for reasons other than the state of the economy: Obama benefits if the economy goes up, but he’s not going to suffer unduly from voters if it goes back down. Black voters, for example: there is nothing that will peel off any large segment of this voting bloc from Obama. Obama could do nothing so wrong that black voters would not find a way to forgive him for it. Hispanics will also go for him in large majorities, regardless of how the economy is doing. The only demographic where the economy will factor into the vote is white independents (who lean socially liberal as a rule). I think Obama’s got quite a good chance of winning a second term regardless of the state of the economy, particularly given the lame GOP field that will oppose him.

Why isn’t founding LOTB member Illinois getting the same attention as Greece? Illinois is just as boned as Greece, but it is an American state and is backstopped by the power of the federal government. That counts for a lot (probably more than it should, given the state of our federal government, but never mind). One of the biggest stones weighing on Illinois at the moment? Public employee pensions.

Looking at the bigger picture, the state has a backlog of about $8.5 billion in unpaid bills and owes about $27 billion in outstanding bonds. And then there’s the roughly $80 billion owed to the state’s public employee pension funds.

All this, mind you, is after a gigantic 67% state tax increase. (Anyone who thinks that tax will actually expire in 2015 was obviously born on an alien world and is new to our ways.)

The glories of capitalism, as expressed in the salty-snacks aisle of the supermarket. When you have a surfeit of a good or service, the value-add stops being the utility-value of the good and instead becomes esthetics or status. That’s why rich people drive Rolls Royces and Ferraris instead of Toyotas and Fords. As cars, they all do pretty much the same thing and in pretty much the same way; but the value-add of a Ferrari lies in aspects not directly related to the utility value of the vehicle. You can say the same about nearly any other commodity class, from clothes to electronics...to snack foods.

Brendan Erne makes an observation I’ve made myself: this notion that we can simply go back to some mythical golden-age of industrial manufacturing is just silly. Automation means that even if we make more stuff, we can do it with fewer people -- and that trend is only going to accelerate. “Manufacturing” is not a jobs panacea, nor should it be an official rallying cry for political policy. It represents a (misguided) nostalgia for a time that is now gone, and will not be coming back again. Look forward, not back.

California facing a “perfect storm” of public-employee pension obligations.

Actuary recommends that CalSTRS cut its assumed pension-fund return from “ludicrous” to “merely ridiculous”.

“There is a less than 50 percent probability that the current assumption” of 7.75 percent will be met “over the long term,” Milliman actuaries wrote in their report. Over 10 years, the fund gained 5.4 percent, according to a statement Jan. 24.

Emphasis mine.

Illinois would do well to remember that when terms like “financial disaster” are being thrown around, business as usual won’t cut it.

Teh Krugman only tells half the story on the British austerity push? Well, Teh Krugman has made a career out of only telling half the story...and getting the half he tells wrong more often than not.

Government pensions: at some point, you just have to strip away the facade of probity and responsibility and admit that you’re just gambling with other people’s money. And that you have no real plan for what to do if you roll snake-eyes.

Does Italy now have its own version of the Tea Party? Decades of abuse by the statists and welfare-state leeches are finally driving the producers to cry foul.

At least one sector of the economy is booming.

Michael S. Greve's series "The Debt Trap" (part one). (See also part two and part three.)

Amazon takes a pretty big hit to the bottom line. Jeff Bezos has proven that he knows how to squeeze profits out of a low-margin business, but Amazon's recent expansions and new product offerings (such as the Kindle Fire) are taking a toll.

What's a a trillion dollars or so between friends? It's not like it's real money or anything.

MSM on the economy: ALL IS WELL! Reality on the economy: Yeah, not so much.

China's commodity bubble about to pop? China's recent moves (like their huge gold-buying binge) leads me to think that the Chinese government is expecting some kind of large economic shock in the not-too-distant future.


Posted by: Monty at 08:45 AM



Comments

1 Barack Obama is a stuttering clusterf*ck of a miserable tyrant.

Posted by: AllenG (Dedicated Tenther) SMOD 2012 at February 01, 2012 08:49 AM (8y9MW)

2 man, DOOM kitteh looks a bit.... evil

Posted by: chemjeff at February 01, 2012 08:50 AM (7FadD)

3 the president is a stuttering cluster fuck of a miserable failure......

Posted by: phoenixgirl....a voter without a candidate at February 01, 2012 08:50 AM (Ho2rs)

4 Ahhhh, now I can get my DOOM fix all throughout the day, instead of just Monday through Thursday in the morning!

I'm quite pleased by that, actually. The Daily DOOM is how I always start my day off. Cup of tea, nice sandwich, and DOOM.

Bring on the SMOD!

Posted by: Kinley Ardal at February 01, 2012 08:51 AM (EEcH7)

5 Nothing runs like a Deere. Except a Deere being flayed alive by DOOM Kitteh!

Posted by: AllenG (Dedicated Tenther) SMOD 2012 at February 01, 2012 08:53 AM (8y9MW)

6 This comment sucks.

Posted by: Truman North at February 01, 2012 08:55 AM (I2LwF)

7 Oh, but if you click the link in my sig, you can look at my photobucket, which is chock-full of amusing photographs and drawings.

Posted by: Truman North at February 01, 2012 08:56 AM (I2LwF)

8 I love the smell of DOOM in the morning. Thanks, Monty.

Gotta run. Get under the covers and hide before the Sun finds me.

Posted by: Hammersmith Police at February 01, 2012 08:57 AM (Onw8c)

9 What little manufacturing wehave left will be pushed over-seas if we let democrat-union mob bosses have their way.

Posted by: just the facts at February 01, 2012 08:58 AM (O7ksG)

10 I see now you're highlighting all your racist code-words in red.

Posted by: Prawn Williams at February 01, 2012 08:58 AM (fIhYS)

11 Okay... go read that NY Post article if you haven't. Go read it NOW.

If his numbers are anything resembling correct, the economy was somewhere between "actively shrinking" and "just not growing." Using his numbers, instead of a 2.8 4Q growth, it should be somewhere between -.2 and +.2. If I'm understanding his numbers correctly.

In either case, what the BLS did would be criminal in any private organization.

Posted by: AllenG (Dedicated Tenther) SMOD 2012 at February 01, 2012 08:58 AM (8y9MW)

12 Oh, I can fix the whole "automation" problem.

I'll put a tax on all machines that are installed in any factory in the country for the purpose of automating a process. That way we will reach full employment very quickly.

If you want your robot you can keep your robot. But costs will necessarily skyrocket.

Posted by: Barack Hussein Obama at February 01, 2012 09:01 AM (nEUpB)

13 Black voters, for example: there is nothing that will peel off any large
segment of this voting bloc from Obama. Obama could do nothing so wrong
that black voters would not find a way to forgive him for it.


The "It's the economy, stupid" meme is actually quite correct- though not necessarily in the way some people think it is.

The economy does two thing: it sways the mushy middle (at least to some extent), and it motivates voters on the ends. If the economy is good, the voters for the incumbent party are enthusiastic and show up to vote. This plus the mushy middle vote is enough to put them over the top. If the economy is bad, the voters for the opposition part are enthusiastic (or, at least, more enthused than the other party) to show up to vote. Again, that, plus the mushy middle wins elections.

What it doesn't do is exactly to what you're eluding: it doesn't change the way people vote (except for that truly mushy middle- say 3 - 5% of the electorate). So Blacks will vote Democrat in November- but how many blacks will vote at all? Middle aged white guys will (mostly) vote Republican in November- but how many middle aged white guys will vote at all?

That "how many will vote" question relies, at least to some extent, and I think it's a pretty big factor, on the economy.

Posted by: AllenG (Dedicated Tenther) SMOD 2012 at February 01, 2012 09:05 AM (8y9MW)

14
On Twitter DOOM follows YOU.

Posted by: Empire of Jeff at February 01, 2012 09:07 AM (oihrP)

15 Does anybody else just come here each day just for the doom kitteh because all else is just too darn depressing?

Posted by: ABouts at February 01, 2012 09:08 AM (BQvS5)

16 On Twitter DOOM follows YOU.

I thought they called that "marriage"

Posted by: Truman North at February 01, 2012 09:09 AM (I2LwF)

17 More doom:
Data released Tuesday showed that seasonally adjusted housing prices have reached a post-bubble low, as the minor surge that began in 2009 fizzled, to be followed by the almost continuous slide of the past 18 months.
The housing bust, in other words, appears to be even worse than it was at the nadir of the recession.

Posted by: Jay at February 01, 2012 09:11 AM (3LaGb)

18 Posted by: AllenG (Dedicated Tenther) SMOD 2012 at February 01, 2012 09:05 AM (8y9MW)

In 2008 the Republican vote was suppressed by what seemed like terminal ennui, a lousy candidate, and a sense of inevitability. The Dem vote was inflated by the first Black candidate and the progressives' hysteria that they would finally be able to get rid of all vestiges of the Bush years.

Those conditions have changed radically. Blacks are being crushed by the recession and lack of job creation; the bloom on the progressives' rose has faded, and the Republican base is rabidly anti-Obama.

It is the last point that will be the difference. I think that the visceral hatred and disgust that many Republicans feel for the Obama regime will drive record numbers of them to the polls in November. It will trump any disappointment with the Republican candidate (whoever he may be).

Posted by: CharlieBrown'sDildo (NJconservative) at February 01, 2012 09:11 AM (nEUpB)

19 NEW YORK (Reuters) - The pace of job creation by private employers slowed in January after a sharp gain the month before, a report by a payrolls processor showed on Wednesday.
The private sector added 170,000 jobs last month, the ADP National Employment Report showed, shy of economists' expectations for a gain of 185,000 jobs.
December's private payrolls were revised down to an increase of 292,000 from the previously reported 325,000.




What a recovery comrades! But don't worry your chocolate ration is going UP from 30 grams to 20 grams

Posted by: TheQuietMan at February 01, 2012 09:12 AM (1Jaio)

20 Coddled, tenured, sick public sector union members in action Doom:
“A veteran elementary school teacher was arrested on horrifying child molestation charges after a film processor gave police photos showing blindfolded children with their mouths taped and cockroaches on their faces, authorities said Tuesday. . . . Berndt worked for more than 30 years at Miramonte Elementary School in an unincorporated area of South Los Angeles before being fired as a result of the investigation. Miramonte serves a poor, mainly Hispanic neighborhood.”

Posted by: Jay at February 01, 2012 09:12 AM (3LaGb)

21
We have no electrifying candidate. The conservative base is pretty demoralized right now and it's hard to see what changes that.
So yeah, Bammy has a good chance.
But second terms are historically hell on presidents and their party. Several have self-destructed. So there's that.

Posted by: Bat Chain Puller at February 01, 2012 09:12 AM (SCcgT)

22 Posted by: Jay at February 01, 2012 09:11 AM (3LaGb)

Oh, goody. I wanted to live in my "starter home" for the rest of my life.

Of course, that's why I went ahead and sprung for the 3bd: at least I have enough room in my house- so long as I don't accumulate too much stuff.

Posted by: AllenG (Dedicated Tenther) SMOD 2012 at February 01, 2012 09:12 AM (8y9MW)

23
Wow. A reason article I actually enjoyed. Of course, it was about my shameful pen fetish, but maybe there's hope for those stoners.

Posted by: Empire of Jeff at February 01, 2012 09:14 AM (oihrP)

24 The private sector added 170,000 jobs last month
Oh yeah!
That means that under Obama there has been a net loss of 1.33 million private sector jobs and 2,313,000 jobs total.
With of course an additional 22 million created or saved!

Posted by: Jay at February 01, 2012 09:15 AM (3LaGb)

25 I think that the visceral hatred and disgust that many Republicans feel
for the Obama regime will drive record numbers of them to the polls in
November


I think I'll wait to count that particular gallus domesticus until it has actually shed its shell.

And, until then, SMOD will get my support.

Posted by: AllenG (Dedicated Tenther) SMOD 2012 at February 01, 2012 09:15 AM (8y9MW)

26 EoJ: Pen fetish? Have you visited Pen Island dot com? Awesome pens.

Posted by: Truman North at February 01, 2012 09:16 AM (I2LwF)

27 Every election cycle, somebody tries to say "this time is different" and the economy will not be the deciding factor. And they're wrong.

Posted by: rockmom at February 01, 2012 09:18 AM (A0UFZ)

28
@ Truman North

Real mature, buddy. Real mature.

Posted by: Empire of Jeff at February 01, 2012 09:23 AM (oihrP)

29 Joe Biden opposed Bin Laden raid Doom. (Link under name)

The president then turned to Mr. Biden. “He said, ‘Joe, what do you think?’ And I said, ‘You know, I didn’t know we had so many economists around the table.’ I said, ‘We owe the man a direct answer. Mr. President, my suggestion is, don’t go. We have to do two more things to see if he’s there.’ ”

Wasn't he supposed to be Mr. Foreign Policy?

Posted by: Jay at February 01, 2012 09:24 AM (3LaGb)

30 From the brand-spanking-new AoSHQDOOM twitter feed:
http://bit.ly/x4A14K

Greece is in the process of deciding that they can do whatever they want and never face any consequences, because whatever the result of them leaving the EU (voluntarily or otherwise), it would be worse for the rest of the EU.

So now the lefties are trying to get re-elected on a platform (really) of "Well get the Germans to pay for your stuff."

Posted by: AllenG (Dedicated Tenther) SMOD 2012 at February 01, 2012 09:24 AM (8y9MW)

31
Automation means that even if we make more stuff, we can do it with fewer people -- and that trend is only going to accelerate. “Manufacturing” is not a jobs panacea, nor should it be an official rallying cry for political policy. It represents a (misguided) nostalgia for a time that is now gone, and will not be coming back again. Look forward, not back.

This is likely true. The problem is that for our system to function without gross moral hazard, we have to tie income to work. That's how things have worked, pretty much always. Our problem is that we can produce WAY more than we need, without using all the available labor. And we need less labor (especially low skill) every day.
So, what's to be done? Using the state as the employer of last resort is widely opposed. Personally I think that a minimum wage government job doing things like picking up trash or whatever is not going to be so alluring that everyone will want to jump on that train (as opposed to working the private sector), but I'm told that doing this will have everyone lining up for those government jobs and deserting the private economy. Can't have that. So, what else? I'd be all for mandating shorter work weeks. Of course, that will simply accellerate the trend of outsourcing to nations where people fight for the chance to work 16 hour days for pennies an hour. That will continue until the US and European consumer is destitute and squeezed of all his disposable income.
The current open trade system (essentially a jobs program for the 3rd world), while yielding some benefits, makes any kind of real solution to the employment problem in the West unfeasible. No one will be able to get a planin placethat does anything tocreate low unemployment in the developed world. We're left with the long slow slog of socialist stop-gap measures, sticking bandaids on over the social problems that areworsened by mass unemployment, andwith wealth stratification intensifying year by year until the middle class is gone and the race to the bottom is complete and no large consumer class isleft anywhere.
Oh - but also be sure to get out there and make a bunch of babies - because the future looks so damn bright!! /sarc

Posted by: Reactionary at February 01, 2012 09:24 AM (xUM1Q)

32 Glad you approve!

Posted by: Truman North at February 01, 2012 09:25 AM (I2LwF)

33
The LOTB will be non-existent during the election cycle, but I guarantee you if a Republican won he would be painted as a heartless ogre for ignoring the plight of California and Illinois. I think Romney would fild under the pressure and extend non-bailout bailout to states.If Obama wins then it is VERY politically profitable for Boehner to block him.
European curency chaos in 2012,a recession in 2013(is an almost certainty), toss in a huge tax hikein 2014 asSCOAMFcare is implemented...
I can't say I'm quaking in my boots if he wins. An Obama victory is another wave election in 2014, more conservatives in office, a further trouncing of Dems at the state level. The TEA party has a chance to pack locals elections wih conservatives.

Posted by: theworldisnotenough at February 01, 2012 09:27 AM (CkC13)

34 So, what's to be done?

Why isn't "nothing" an option? Seriously, why talk of "employer of last resort" or "mandating a shorter work week" or any of that (frankly) Liberal clap-trap? How about the government gets itself out of the way and we see (for the first time in more than a generation) what will happen if we just let the people handle it?

Posted by: AllenG (Dedicated Tenther) SMOD 2012 at February 01, 2012 09:27 AM (8y9MW)

35 As proof the MFM are either idiots or spinning for Barky and Co. They asked this poll question.

Which are you more concerned with A) The Economy B) The deficit

Anyone that isn't equally worried about both doesn't have firing synapses. But since one has to pick it spins that people are less worried about the deficit and Barky keeps the credit card. SMOD 2012

Posted by: Buzzsaw at February 01, 2012 09:28 AM (tf9Ne)

36 http://wapo.st/x84R9L

"Romney, citing safety net, says he’s ‘not concerned about the very poor’"

Oof, Mr. Electable. Even reading the context doesn't make it sound very good. Why are "ok" that the very poor are very poor and only concerned about the middle? Damn we are boned.

SMOD 2012

Posted by: GergS at February 01, 2012 09:29 AM (dptRY)

37
I wonder what our national economic numbers would look like if we left out Illinois, California, and New York.

Posted by: rockmom at February 01, 2012 09:30 AM (A0UFZ)

38 It is not Obama's fault that the economy is tanking, he has tried really hard to fix things and make it all better, and he deserves a lot of credit for trying so hard, even thouhg it didn't work out. After all, isn't that all that matters, his intentions were good, it was just those evil Republicans that caused his programs to fail, and surely that is not his fault, he did everything right. All of his supporters know that his self esteem will suffer if they ask him to make any changes to his policies, he might think they don't like him anymore, so they just tell him everything is fine and not to worry, and that he tired hard after all. And those voters who lost their jobs, well Obama can't be blamed for that, he did not fire them, someone else did, probably a Republican, so that is not his fault either, and they should vote for him so he can geta second term where he will be able to fix everything this time.
Yup, I can see him getting elected again because he deserves a second chance since he tried so hard and worked so hard and thought so hard and nothing that went wrong was his fault.

Posted by: Mister Money at February 01, 2012 09:30 AM (wN82N)

39 Which are you more concerned with A) The Economy B) The deficit

I would love for some poor soul to have to call and ask me that question. My response (depending on the day I had) would range from "Yes," to "Do you aspire to stupid?"

Posted by: AllenG (Dedicated Tenther) SMOD 2012 at February 01, 2012 09:30 AM (8y9MW)

40 reactionary

are you supposed to take medication?

Posted by: phoenixgirl....a voter without a candidate at February 01, 2012 09:31 AM (Ho2rs)

41
Posted by: Jay at February 01, 2012 09:12 AM (3LaGb)

Disgusting. If there were any justice in this nation (there isn't) all such scum would dance at the end of a rope.
Just the other day I heard a news item on the radio - a guy was convicted of hiring a hit man to torture and murder the entire family of a former business partner he felt owed him more money from a failed business. This convicted would-be torturer/murder got a 6 year sentence. This, after the son of the former partner had a break down and committed suicide because of the constant stress, and the daughter had to be institutionalized for much the same reason. The family lived with machetes under their mattresses, such was their fear.
This is just more proof that we're truly DOOMed. How can any sane person think that this is justice? 6 f-ing years.

Posted by: Reactionary at February 01, 2012 09:31 AM (xUM1Q)

42 I think that the visceral hatred and disgust that many Republicans feel for the Obama regime will drive record numbers of them to the polls in November

***
Libs hated Bush with psychotic zeal. It wasn't enough in 2004.

You have to have a candidate people will vote for with enthusiasm.

Posted by: Bevel Lemelisk at February 01, 2012 09:32 AM (Xzje5)

43 Here are the reasons Obama has a good chance at being re-elected:

Blacks Hispanics, as mentioned will overwhelmingly vote for Obama.
You have the 30%, or so, of the voting public that are pure liberals and will vote for him.
Almost 50% of the public is on some form of public assistance. Guess who they'll vote for?
The number of direct federal government employees has grown by a ton since 2008. Another Obama voter base.
Government contractors also get their income from government.

The percentage of voters that depend on income from Uncle Sugar has grown tremendously since 2006, by design, I think.

Obviously there is quite a bit of overlap in the categories, but you get the point. Any Republican candidate has a huge Obama base to overcome.

That is why I am pessimistic about November 2012.

Posted by: jjmurphy at February 01, 2012 09:33 AM (xjEAl)

44 Now if we only had some Manhattanite Asperger'stwat of a steaming pile of socially inept troll shit to come along and post some links to Zero Hedge, we could get on with our day.

Posted by: Empire of Jeff at February 01, 2012 09:33 AM (oihrP)

45 eoj

it's one of the founding commenters from zerohedge dontcha know?.........

Posted by: phoenixgirl....a voter without a candidate at February 01, 2012 09:34 AM (Ho2rs)

46 Yeah, at least I got you some pens

Posted by: Truman North at February 01, 2012 09:35 AM (I2LwF)

47 @13 What it doesn't do is exactly to what you're eluding: it doesn't change the way people vote (except for that truly mushy middle- say 3 - 5% of the electorate). So Blacks will vote Democrat in November- but how many blacks will vote at all? Middle aged white guys will (mostly) vote Republican in November- but how many middle aged white guys will vote at all? That "how many will vote" question relies, at least to some extent, and I think it's a pretty big factor, on the economy.
Posted by: AllenG (Dedicated Tenther) SMOD 2012 at February 01, 2012 09:05 AM (8y9MW)
Of course you also have to figure out how many zombies ( the walking dead ) they will dig up to vote and for which side, and then watch the ballot boxes, audit the machines, and then hope there are no hanging chads.

Posted by: Mister Money at February 01, 2012 09:37 AM (wN82N)

48 Morning all. (I moved this from the dead Gabe thread because because our gloomy uncle Monty mentioned Illinois, and I happen to live in that hell-hole.) Wow, lots of sand in various orifices this morning.
Romney won big, must be
the sand generating factor. Is this a surprise to anyone? Hell he's the
only thing left that's not totally risible.. This election is likely to go Obama - I can't really
see the way to 271 for the 'pubs.
If that's the case, I guess the
question for each of you is- how solid is the "state" I live in - can it
survive 4 more years of Chavez? Here in Illinois, the epicenter of
death, I mostly just sit and weep for the rest of you.
Some of you ought
to take a field trip here some time - check out the natives, see real
socialism in action.
Then go home, write up some monographs about the experience, and use "us" as examples of what not to be.
If it can be done wrong, we in Illinois have done it. Save yourselves.

Posted by: tubal at February 01, 2012 09:37 AM (BoE3Z)

49 Of course you also have to figure out how many zombies ( the walking
dead ) they will dig up to vote and for which side, and then watch the
ballot boxes, audit the machines, and then hope there are no hanging
chads.


Of course. Just consider that an unwritten assumption in my post.

Posted by: AllenG (Dedicated Tenther) SMOD 2012 at February 01, 2012 09:38 AM (8y9MW)

50 Morning, all!

This isn't particularly DOOMy, but it IS quite interesting. Link is in my username, to the Chronicle of Higher Education (h/t FFoF):

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

Jonathan Haidt Decodes the Tribal Psychology of Politics

(caption from the lead picture) Jonathan Haidt (left), a psychologist who studies moral choices, has visited Occupy Wall Street in New York several times. "Liberals need to be shaken," he says. They "misunderstand conservatives far more than the other way around."

Jonathan Haidt is occupying Wall Street. Sort of. It's a damp and bone-chilling January night in lower Manhattan's Zuccotti Park. The 48-year-old psychologist, tall and youthful-looking despite his silvered hair, is lecturing the occupiers about how conservatives would view their ideas.
"Conservatives believe in equality before the law," he tells the young activists, who are here in the "canyons of wealth" to talk people power over vegan stew. "They just don't care about equality of outcome."


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

it's an interesting articule, even though it's clearly coming from a left wing, "Can you believe this chucklehead?" bent.

Posted by: MWR, Proud Tea(rrorist) Party Hobbit and ABO supporter at February 01, 2012 09:38 AM (4df7R)

51 DOOM kitty knows that drinking and driving oneself to prosperity is all we have left under the current reign of overpaid middle managers and community rabble rousers.

Posted by: Fritz at February 01, 2012 09:39 AM (/ZZCn)

52 thank you for reminding me , I find you people here silly , strange and dirty, Imagine my shock finding out I disuss issues with people that get their hands dirty , shudder, and those post menopausal old ladies that are just jealous of my beauty and friends..

www.zerohedge.com or org, whatever.

Posted by: curiously uncurious at February 01, 2012 09:40 AM (TomZ9)

53 Obama could do nothing so wrong that black voters would not find a way to forgive him for it.

That Onion article about Obama going on a killing spree and the MFM not quite knowing how to cover it is getting both more and less amusing by the day.

I love office supplies. I mean, loooooove office supplies. Bond weight on paper! Gel or rollerball pen! D ring binders (which are the spawn of Satan)! What's not to love.

Posted by: alexthechick - SMOD 2012 at February 01, 2012 09:40 AM (VtjlW)

54 Good Lord, it should be "article" not "articule." And there should be spaces between the paragraphs.
*rubbing eyes* Gah. My morning has been rife with stupid little mistakes like that.

Posted by: MWR, Proud Tea(rrorist) Party Hobbit and ABO supporter at February 01, 2012 09:40 AM (4df7R)

55 D ring binders (which are the spawn of Satan)!

Posted by: alexthechick - SMOD 2012 at February 01, 2012 09:40 AM (VtjlW)


OH GOD I HATE THEM. I HATE THEM SO MUCH.

Posted by: MWR, Proud Tea(rrorist) Party Hobbit and ABO supporter at February 01, 2012 09:41 AM (4df7R)

56 Thanks, MWR

Posted by: Truman North at February 01, 2012 09:41 AM (I2LwF)

57 My morning has been rife with stupid little mistakes like that.

When my morning goes like that, I have to fight off the temptation just to say "F it" and head back home and to bed.

I even win that fight, sometimes.

Posted by: AllenG (Dedicated Tenther) SMOD 2012 at February 01, 2012 09:41 AM (8y9MW)

58 Tea, for alex. Hope the plans for alextopia is coming along at a great pace.

Posted by: willow at February 01, 2012 09:42 AM (TomZ9)

59
How about the government gets itself out of the way and we see (for the first time in more than a generation) what will happen if we just let the people handle it?
Posted by: AllenG (Dedicated Tenther) SMOD 2012 at February 01, 2012 09:27 AM (8y9MW)

It will be for the first time in multiple generations. And under circumstances man kind has not faced before. There's no frontier. You can't go out and start a new life of subsistence on a plot of open ground. Almost no one has the skills anyway, even if we could magically transport them to a new world circling another star.
So, how can the private sector handle it? What will employ all these people such that they can participate in production and share the benefits of the modern system? If I'm a private employer my job is to have as low a head count as possible, and technology lets me do that.
Policy makes it worse, of course. We need fewer people and more consumption to adapt to the new low-labor paradigm, yet we encourage immigration and reproduction. We subsidize, generously, reproduction among the poor - especially unwed mothers. Thus we work to swell the ranks of theunskilled and largely unsocializable.
I don't see how, long term, there will be enough work to go around. This means that there will be greater and greater concentration of disposable income and a resulting decay of the mass market that makes mass production feasible.

Posted by: Reactionary at February 01, 2012 09:42 AM (xUM1Q)

60 I like D-ring binders... does that make me a satanist?

Posted by: Truman North at February 01, 2012 09:43 AM (I2LwF)

61 When my morning goes like that, I have to fight off the temptation just to say "F it" and head back home and to bed.
I even win that fight, sometimes.

Posted by: AllenG (Dedicated Tenther) SMOD 2012 at February 01, 2012 09:41 AM (8y9MW)


*sigh* I had that fight with myself this morning, when I woke up, got up, poured myself some orange juice, turned on the TV, watched a little Law and Order: Criminal Intent, and then realized it was only four in the morning, not six, and I could get two more hours of sleep.

"Ah," I said to myself, "it's going to be THAT kind of day."

Posted by: MWR, Proud Tea(rrorist) Party Hobbit and ABO supporter at February 01, 2012 09:44 AM (4df7R)

62 Which are you more concerned with A) The Economy B) The deficit

I can tell you after reading all the on the articles about federal employee pay thatgovernment employees have zero concern.
They actually believe their retirement system is "fully funded" because OPM said so.

Posted by: Jay at February 01, 2012 09:44 AM (3LaGb)

63 Oh, boy! TwitterDOOM!

The next step is TwitterDOOM!24/7!

Because DOOM! doesn't sleep. And neither can any of us.

SMOD!

Posted by: filbert at February 01, 2012 09:44 AM (smvTK)

64 D-ring binders are for anal-retentives who abhor productivity.

Posted by: Fritz at February 01, 2012 09:45 AM (/ZZCn)

65 I don't see how, long term, there will be enough work to go around.

Malthusian pronouncements have always been with us. I don't know how, but I do know that we'll be just fine.

Posted by: Truman North at February 01, 2012 09:45 AM (I2LwF)

66 60 I like D-ring binders... does that make me a satanist?


Posted by: Truman North at February 01, 2012 09:43 AM (I2LwF)


...I would say yes, but since I'm a ginger and therefore without a soul, I don't know that I should be making snap moral judgements.

Posted by: MWR, Proud Tea(rrorist) Party Hobbit and ABO supporter at February 01, 2012 09:46 AM (4df7R)

67 I could use a little anal retention!

Posted by: Oops I Crapped My Pants! at February 01, 2012 09:46 AM (I2LwF)

68 Oh, apparently the federal employee retirement systems is "fully funded" until 2080!
Why worry about the economy or deficit?

Posted by: Jay at February 01, 2012 09:47 AM (3LaGb)

69 I should have said, we'll be just fine if we leave it to free enterprise.

Posted by: Truman North at February 01, 2012 09:48 AM (I2LwF)

70 The CBO is forewishing growth rates of 2% for 2012 and 1.2% for 2013. They are performing this amazing feat in spite of the fact that their hasn't BEEN a budget in almost 3 years. On top of that, King Putz is once again late with his budget numbers. Ahhh, the glories of a centrally managed economy.

If the SCoaMT manages reelection by hook or crook, I have a tinfoil hat prediction to make. He will abolish the CBO by arguing that there is no budget, and put in its place something with a nifty Orwellian name. I'm thinking Ministry of Truth has a nice ring to it.

Posted by: GnuBreed at February 01, 2012 09:48 AM (BhuDE)

71 woke up this morning depressed and wondering how to explain a vote for a republican that supports obamacare and negative influence on the right to bear arms. i had no reason that doesn't sound like i was only mad at obamacare because a Dem implemented it. so i will just say Shut-Up instead if questioned.
down ticket races will be my reason for living now i suppose.

Posted by: willow at February 01, 2012 09:48 AM (TomZ9)

72 @67 I could use a little anal retention!
Posted by: Oops I Crapped My Pants! at February 01, 2012 09:46 AM (I2LwF)

Good Morning, Barney. Good luck with the marriage bit.

Posted by: Mister Money at February 01, 2012 09:48 AM (wN82N)

73 Malthusian pronouncements have always been with us. I don't know how, but I do know that we'll be just fine.Posted by: Truman North at February 01, 2012 09:45 AM (I2LwF) Well,Malthusian predictions typically have involved resource shortages. This is a different matter. I have no doubt that there will be enoughcapacity to produce all the "stuff" that everyone needs. The question is - by what means will it be earned anddistributed? It gets easier all the time to provide everything everyone wants, and more besides.If anything, the problem is anti-Malthusian. We'll have a lot of people who just aren't good for anything but standing around with their finger in their bung - moreeven than now. What's to be done about that?

Posted by: Reactionary at February 01, 2012 09:53 AM (xUM1Q)

74 The recent CBO report is chock full of really unhappy economic news, but it's nothing we didn't all see coming. Of particular note is the Social Security Ponzi scheme, which is tipping into the red far more quickly than the con-artists who run it thought it would.
It's nice to see the CBOcoming closer to mymath. Of course, unlike the politicians, I don't assume that when push comes to shove, the two parts of SocSecurity will be combined, so those of you who are on the disability track, you have less than 5 years of full-boat payments left. Not even in 1982 (when OASI borrowed from Medicare's Hospital Insurance fund to stave off exhaustion before the full effects of that massive tax hike to save it took effect) or 1994 (when DI took the majority of November and December payroll taxes to make up for the ex post facto payroll tax shift to save it from exhaustiion before the end of Bill Clinton's first term) were the two funds ever co-mingled.
By the way, I'm predicting the OASI portion will go full-red in 2019 (as opposed to the Trustees' 2025 (estimated based on their 2023 combined estimate)and CBO's 2022, with official collapse in 2031. Subtract about 2 years if the politicians decide to prop up the disability track with the old-age funds.

Posted by: steveegg at February 01, 2012 09:53 AM (o44nj)

75 So, how can the private sector handle it? What will employ all these
people such that they can participate in production and share the
benefits of the modern system?


I don't know, but not knowing is a far cry from assuming that it can't.

People didn't always know how to farm. They had to figure it out. People didn't always know how to make cars, or measure things down to .1 micron, or any number of other things we don't even think much about now.

So instead of assuming that people are too stupid to take care of themselves, and too stupid to figure out some way to do so, get the government out of the way, and let people figure it out. They will, by and large, and the ones who can't will be cared for by the charity of their communities.

But it would all be voluntary and organic (in the sense of "order-from-seeming-chaos"), instead of controlled by some autocracy that thinks it can answer these questions better, by itself, than the sum of humanity.

Your argument assumes that just because you can't figure out how it would work means that no one can figure out how it would work- which is almost Obama-ian egotism.

Posted by: AllenG (Dedicated Tenther) SMOD 2012 at February 01, 2012 09:53 AM (8y9MW)

76 Okay, who the fuck fucked up the formatting?

Posted by: steveegg at February 01, 2012 09:53 AM (o44nj)

77 I approve this thread.

Posted by: #SMOD2012 at February 01, 2012 09:55 AM (GBXon)

78 steve: some dude named Yoshi. A few days ago. Pixy's working on it.

Posted by: Truman North at February 01, 2012 09:56 AM (I2LwF)

79 Tea, for alex. Hope the plans for alextopia is coming along at a great pace.

Thank you. Mmmmm tea. Hopefully the plans will be able to be implemented after I win the Powerball tonight. Note to self: buy Powerball ticket. I know, I know the odds of my winning are the same whether or not I buy but a girl's gotta dream.

I like D-ring binders... does that make me a satanist?

Yes. Yes, it does.

Oh how I hate D-ring binders. The damn things are out to get me, I swear.I once had one close on my hand in the middle of trial and take out a hunk of my palm. To this day, I don't know how I didn't let out a shriek.

Posted by: alexthechick - SMOD 2012 at February 01, 2012 09:56 AM (VtjlW)

80 76: Been this way since last week's round-robin Charlie Foxtrot. Personally, my space bar works fine...no idea what some posters' problem has been...

Posted by: DarkLord©, Rogue Commenter at February 01, 2012 09:57 AM (GBXon)

81 44
Now if we only had some Manhattanite Asperger'stwat of a steaming pile
of socially inept troll shit to come along and post some links to Zero
Hedge, we could get on with our day.

Posted by: Empire of Jeff at February 01, 2012 09:33 AM (oihrP)



Thanks. I nearly blew coffee out of my nose.(As of yesterday morning, I join my fellow moronettes as "fat, old, and post-menopausal" according to the Gotham Princess."


Posted by: Jane D'oh at February 01, 2012 09:57 AM (UOM48)

82 Speaking of DOOM and SMOD, I'm trying to teach myself a useful skill that will come in handy after the upcoming world-killer SMOD strike. If I should happen to survive, I'd like to be able to have some hands-on skill that would be worthwhile. I've got it narrowed down to basket weaving or knitting. I figure there would be more basic materials available for basket weaving, but since the majority of the world's population would probably be wiped out, I could loot my local Joann Fabric and Michael's stores for as much yarn as I want for a good long time. Baskets are useful for storage, transport of goods, and -- if they're REALLY tightly woven -- for carrying water. Knitting is obviously good for clothes, blankets, and other fabric-related necessities. Can you knit a tent? I wonder...

Anyway, which should I pursue? I'm MORE interested in the knitting, but I think basket weaving would have more practical applications in a post-apocalyptic world of death, destruction and assless* leather chaps (you can't knit leather after all).

*BIRM

PS - I really am totally serious about this.

Posted by: MWR, Proud Tea(rrorist) Party Hobbit and ABO supporter at February 01, 2012 09:57 AM (4df7R)

83 Okay, who the fuck fucked up the formatting?

You haven't been by in a while, have you.

Some idiot trolls broke the blog (like, massively, no one could post anything, broke the blog) last week. Pixy got it running again, more-or-less, but we're stuck in do-it-yourself formatting mode. Bold, italics, strike-through, and underline work, if you put the single-letter HTML tag (so 'b', 'i', 's', or 'u') inside square brackets [] (don't forget to close your tags, though [/]), and how line-breaks work I think depends on your browser.

Posted by: AllenG (Dedicated Tenther) SMOD 2012 at February 01, 2012 09:58 AM (8y9MW)

84 All good morons and moronettes long for the day when we get a new blog and proper formatting. And for the arrival of the SMOD, but I'd rather that coincided with Election Day.

Posted by: joncelli Palpatine at February 01, 2012 09:58 AM (RD7QR)

85 Obama benefits if the economy goes up, but he’s not going to suffer unduly from voters if it goes back down.
Really? How does that work, exactly? All you really explain is that his core, base voters will stick with him regardless. No kidding. But everything we know says that the middle has no such loyalty and the economy is a very big determinant of how they'll vote. Meanwhile, an angry right wing is highly energized (forget about the primaries.....when it comes time for the general, it's gonna be big) and a disappointed left is deflated.

A squishy middle that shifts to the GOP by a few percent + a motivated GOP base + a deflated Left = GOP president. Could Obama win? Sure. If the economy does this instead of that, a war starts, the GOP candidate was hiding a criminal record, who knows? But given the current state of things, it's the GOP's to lose.

Posted by: Cornfed at February 01, 2012 09:59 AM (Hoy9u)

86 I really am totally serious about this.

Consider whittling.

But, if you're sure about either basket weaving or knitting, I'd go with knitting. The only thing you can't do with a knitted bag that you can do with a basket is carry water, and weaving a basket tight enough to hold water is difficult.

Posted by: AllenG (Dedicated Tenther) SMOD 2012 at February 01, 2012 10:01 AM (8y9MW)

87 With Mitt Romney inspiring nobody but his .02% base (The critical Mormon vote that has swung so many elections) we have once again allowed the media to pick for us another Republican Progressive loser; a McCain clone - only this time without the military vote.

Thus we allow the worst president in the History of the US to stumble fuck his way to re-election. We get 4 more years of Marxist Rule with Holder running the DOJ and Obamao running the ship of state into the rocks - while nominating outright Communists to the Supreme Court.

Nicely done clowns - in an election where a ham sandwich could have beaten Obarky you go dumpster diving to find an eight year old slice of pizza instead.

Republicans - if you check the dictionary under "Dumb Asses" you'll find them forming a conga line.

Posted by: An Observation at February 01, 2012 10:01 AM (ylhEn)

88 now you can get your DOOM all day long!

A day without DOOM is like a day without sunshine.

Posted by: Soap MacTavish at February 01, 2012 10:01 AM (vbh31)

89 82
Speaking of DOOM and SMOD, I'm trying to teach myself a useful skill
that will come in handy after the upcoming world-killer SMOD strike.

Reloading. Just be careful with powder storage - maybe in a small building away from the house (not in your basement!). Just sayin'.

Posted by: tubal at February 01, 2012 10:02 AM (BoE3Z)

90 i guess i'll try to fill the breach with pottery making.

Posted by: willow at February 01, 2012 10:02 AM (TomZ9)

91 Don Cornelius ("Soul Train") was found dead of a self-inflicted gunshot wound in his L.A. apartment this morning.

Jeez.

Posted by: Jane D'oh at February 01, 2012 10:03 AM (UOM48)

92 i am not at All looking forward to cleaning clothes by beating them on rocks in forzen streams, i assume many of us will start smelling like ows'rs.

Posted by: willow at February 01, 2012 10:03 AM (TomZ9)

93 I think a Republican Cornbrero Dance would be more appropriate under the given circumstances.

Posted by: Fritz at February 01, 2012 10:04 AM (/ZZCn)

94 A day without DOOM is like a day without sunshine.

On it!

Posted by: #SMOD2012 at February 01, 2012 10:04 AM (GBXon)

95 Iowa GOP chairman resigns after caucus debacle. Even Reps are livid at the shennigans. Strawn was in the tank for Romney...so far in that he refused to certify Santorum as the winner after the votes were canvassed, until forced to do so.

http://tinyurl.com/7zors22

Posted by: creeper at February 01, 2012 10:04 AM (gre5a)

96 87 That's the spirit.

Posted by: just the facts at February 01, 2012 10:04 AM (O7ksG)

97 SMOD/Mayans 2012!

Posted by: Jane D'oh at February 01, 2012 10:04 AM (UOM48)

98 97
SMOD/Mayans 2012!


Posted by: Jane D'oh at February 01, 2012 10:04 AM (UOM4
seconded.

Posted by: willow at February 01, 2012 10:06 AM (TomZ9)

99 Another sign of the SMOD Apocalypse: it's 53 degrees here in my neck of the woods at 10AM on February 1st. I'm real tempted to roust the Harley out of hibernation.

Posted by: Soap MacTavish at February 01, 2012 10:09 AM (vbh31)

100
Retirement means waking secure in the knowledge that you are going to enjoy the day.


















Posted by: irongrampa at February 01, 2012 10:10 AM (SAMxH)

101 Consider whittling.
But, if you're sure about either basket weaving or knitting, I'd go with knitting. The only thing you can't do with a knitted bag that you can do with a basket is carry water, and weaving a basket tight enough to hold water is difficult.

Posted by: AllenG (Dedicated Tenther) SMOD 2012 at February 01, 2012 10:01 AM (8y9MW)


Hmm, that's very, very true.

I'd considered whittling. Maybe I'll take another look at it.

I'd also love to learn furniture making, but I'm impatient as hell when it comes to geometry and making things level. I envy the folks who can do that and not end up throwing a hammer through the nearest window in frustration.

Posted by: MWR, Proud Tea(rrorist) Party Hobbit and ABO supporter at February 01, 2012 10:10 AM (4df7R)

102 I'm going to open an IRA soon in an attempt to reduce the taxes I'll have to pay this year. And to save for my old age (see how I avoided the "R" word there, Monty). Anyone have recommendations for an online broker? I don't have a lot, so the low minimum balance brokers are what I'm looking for. E-Trade ING are the two I'm looking at right now. Anyone have experiences they'd like to share?

Posted by: J. Random Dude at February 01, 2012 10:11 AM (72afg)

103 Pens? I love my fountain pens.
Here EoJ try parkvillepen.com Love those Bexley fountain pens.

Posted by: Larsen E. Whipsnade at February 01, 2012 10:12 AM (6BgmB)

104 92 i am not at All looking forward to cleaning clothes by beating them on rocks in forzen streams, i assume many of us will start smelling like ows'rs.
Posted by: willow at February 01, 2012 10:03 AM (TomZ9)


The good thing about that is that if EVERYONE smells like an OWSer, then our nasal passages will become inured to the stench and we won't notice it. The bad news is if we end up living in small, isolated enclaves, any wandering loner who happens upon our primitive encampments will bring a new, exciting blend of potent body odors to the mix.

Posted by: MWR, Proud Tea(rrorist) Party Hobbit and ABO supporter at February 01, 2012 10:13 AM (4df7R)

105
I join my fellow moronettes as "fat, old, and post-menopausal" according to the Gotham Princess."<<<

And totally bangable, a quality with which Fucksnap McTrolltwat will never possess.

Pro-Tip, young spinster: you're annoying, stupid, fat, and loaded with boner-proof daddy issues. Unless you're willing to change your name to Stanley and put out for Kenyan Marxists with shockingly low vagina standards, it looks like the only ones who will mourn your death are your army of cats.

And they'll only start mourning once your corpse has been picked clean.

Posted by: Empire of Jeff at February 01, 2012 10:13 AM (oihrP)

106
So instead of assuming that people are too stupid to take care of themselves, and too stupid to figure out some way to do so, get the government out of the way, and let people figure it out. They will, by and large, and the ones who can't will be cared for by the charity of their communities.
Posted by: AllenG (Dedicated Tenther) SMOD 2012 at February 01, 2012 09:53 AM (8y9MW)

Let's say that by some miracle we got government out of the way, and allowed things to take their natural course.The transition to looking out for youself will not be easy. Many would fail and would have to be allowed to starve out. I'm OK with that personally, but how many Americans will be willing to let that happen? Most Americans want everybody to be OK regardless of competence, moral virtue, or decision making. They find the idea of paying for mistakes to be abhorent. How long could it last? Government would be pulled right back in, and fast, by popular demand.

And that still does not address the race to the bottom. Consider China. A major part of why they have a rough time ahead is that they have no consumer base. Disposable income, while improving, is still too low to allow them to enjoy their own productivity. This is true mainly because their culture is what it is, and because they engineer the system to work that way. Those at the topwant to be rich merchantilists, and are willing to drive all the rest of us to the poor house via beggar-thy-neighbor policies in their quest. Getting our government out of the way does nothing to combat the follies of the world's multitude of foreign governments.

Posted by: Reactionary at February 01, 2012 10:14 AM (xUM1Q)

107 I'd also love to learn furniture making, but I'm impatient as hell when it comes to geometry and making things level.

General woodworking is a good idea (beyond simple whittling, but easier than actually being a joiner). You can learn to carve anything from dishes to weapons.

If I had room for a workshop, that's what I'd be doing, in fact.

Posted by: AllenG (Dedicated Tenther) SMOD 2012 at February 01, 2012 10:15 AM (8y9MW)

108 A Romney Candidacy will save the Obama Presidency. yay.

Posted by: SurferDoc at February 01, 2012 10:15 AM (6H6FZ)

109
Retirement means waking secure in the knowledge that you are going to enjoy the day.
Posted by: irongrampa at February 01, 2012 10:10 AM (SAMxH)


What an excellent definition.
The idea of living without hope of retirement is a fate worse than death.

Posted by: Reactionary at February 01, 2012 10:17 AM (xUM1Q)

110 There is a good series of books that teaches skills you will need to live off the grid. It is the Foxfire series. It will be a very helpful set to own after SMOD.

http://www.foxfire.org/thefoxfirebook.aspx

Posted by: Buzzsaw at February 01, 2012 10:17 AM (tf9Ne)

111 Beware the Stinkys (the french) they're going to throw the midget out and install a true socialist who has promised to break all those evil austerity promises made to nazi-stan. The Krauts and the ECB aren't going to be happy.

Posted by: Larsen E. Whipsnade at February 01, 2012 10:17 AM (6BgmB)

112 OK, on the subject of EuroDOOM, some contrarian thought: What if, in the face of continued French/Greek/whatever fiscal lunacy, the Germans decide it's time to exit the Eurozone?

Posted by: DarkLord©, Rogue Commenter at February 01, 2012 10:20 AM (GBXon)

113 New thread up, my retarded friends

Posted by: Truman North at February 01, 2012 10:20 AM (I2LwF)

114 97 SMOD/Mayans 2012!

Posted by: Jane D'oh at February 01, 2012 10:04 AM (UOM4


Nah, the Mayans are too messy. Always with the virgins and theblood sacrifices and the batting around of their enemies' heads in bizaare games of primitive racquetball.

...Wait, I think that last bit might have actually been the Aztecs. My bad.

Anyway, my point is: SMOD/Cthulu 2012!

Posted by: MWR, Proud Tea(rrorist) Party Hobbit and ABO supporter at February 01, 2012 10:20 AM (4df7R)

115
Here EoJ try parkvillepen.com Love those Bexley fountain pens<<<<

Thanks! I'm the only one in my office who uses a fountain pen. Or carries a handkerchief and pocket knife.

Hell, my daddy taught me those were the things a man always had with him. And you wanted to be like daddy, so you always had them.

But fountain pens... Ahhhh.... There's just something indescribably pleasurable about the act of writing, to me. And now some Moron is going to find fountain pen porn on the internet, i just know it.

Posted by: Empire of Jeff at February 01, 2012 10:21 AM (oihrP)

116 You only hate D-ring binders because they were invented by a black man.

Posted by: Prawn Williams at February 01, 2012 10:23 AM (k9MIR)

117
@ 99

Pretty much the same here. This winter has been a total bust in terms of snow. It hurts our local economy, being very seasonal in nature.

If it weren't for the road salt already down, I'd be tempted to run the Toy around the block. But I have the Ford Project to console myself with.

Posted by: irongrampa at February 01, 2012 10:24 AM (SAMxH)

118 Ph'nglui mglw'nafh Doom R'lyeh wgah'nagl fhtagn.

Posted by: The Atom Bomb of Loving Kindness at February 01, 2012 10:25 AM (jqHOY)

119 I'd considered whittling. Maybe I'll take another look at it.
Learn to make moonshine.

Posted by: Mr. Dave at February 01, 2012 10:29 AM (OBDWE)

120 I'm too was taught that a man carries a pocket knife, handkerchief, and a watch, preferably a pocket watch.

I love writing "fuck you, asshole" letters to mysenator with a fountain pen.

Posted by: Larsen E. Whipsnade at February 01, 2012 10:32 AM (6BgmB)

121 Thanks for the heads-up. I hadn't been commenting lately, so I didn't know some duckshine fucked it up so bad it's taking Pixy quite a while to fix.

Posted by: steveegg at February 01, 2012 10:35 AM (o44nj)

122 112, if the world were sane - thats what they would do.

Posted by: Jean at February 01, 2012 10:38 AM (WkuV6)

123 The transition to looking out for youself will not be easy. Many would fail and would have to be allowed to starve out.

Not necessarily true. Okay, the first part is, and the second part is, but the third part is by no means certain. It may mean a return to de facto feudalism where the people who own arable land become the new gentry, but I seriously doubt we'd be looking at mass starvation events.

And I don't think it would go that far. I think you'd be amazed at how fast those who had basic survival stuff would reach out to their fellows and band together until things were righted.

We're not talking about an apocalypse, after all, we're talking about a realignment from autocratic regulation to more organic regulation.

Posted by: AllenG (Dedicated Tenther) SMOD 2012 at February 01, 2012 10:39 AM (8y9MW)

124 So - in act two of the Obarky presidency I guess the first Supreme court nomination goes to Francis Piven since Cloward has passed away.


Posted by: An Observation at February 01, 2012 10:39 AM (ylhEn)

125 Governor Quinn-occhio (Dumb-IL) delivers his State of the State address today around lunchtime. Should be good for a couple of minutes of making you lose your lunch, if you live in Illinois anyway.
A theme he is going to highlight is how EVIL the next-door state of Indiana is, and how DOUBLE DOWN EVIL their Governor Daniels is, for having the nerve to pass "Right to Work" legislation.
This makes Indiana only the 23rd state to have "Right to Work" legislation.

Posted by: Boots at February 01, 2012 10:39 AM (neKzn)

126 The idea of living without hope of retirement is a fate worse than death.

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

And yet people did it for tens of thousands of years. "Retirement" didn't even become an au courant concept until the late 1880's. And it turns out that this fancy new idea really isn't sustainable, so it will pass and be replaced by some other paradigm that might or might not work. And this old world will just keep humpety-bumping along along with the rest of the Universe.

Jesus, the apathy and resistance to change is mind-boggling. Cowboy up and deal with it.

Posted by: Monty at February 01, 2012 10:40 AM (/0a60)

127 I've always thought that living off of the grid meant a self contained fission reactor in the backyard and an untraceable IP address.

Posted by: befuddled at February 01, 2012 10:42 AM (xJU23)

128 Fountain pens were always good for inking your friends back with just a quick flick of the wrist. Why they thought giving fountain pens to pre teen boys was a good idea I'll never know.

Posted by: polynikes - Texan for Romney at February 01, 2012 10:47 AM (QnnIk)

129 Posted by: polynikes - Texan for Romney at February 01, 2012 10:47 AM (QnnIk)

Or lefties (the handedness...not the politics). Have you ever seen a lefty use a fountain pen?

I speak from experience when I say that fountain pens are an invention of the devil.


Posted by: CharlieBrown'sDildo (NJconservative) at February 01, 2012 10:55 AM (nEUpB)

130 Nothing says DOOM! more than shopping at Walmart for Mac-n-Cheese, and the self-checkout lines are long because there aren't enough manned registers open.
SMOD luvs him some DOOM!

Posted by: Mitt Still Sux at February 01, 2012 10:58 AM (lt9Rp)

131 Governor Quinn-occhio (Dumb-IL) delivers his State
of the State address today around lunchtime. Should be good for a couple
of minutes of making you lose your lunch, if you live in Illinois
anyway.
A theme he is going to highlight is how EVIL the next-door state of
Indiana is, and how DOUBLE DOWN EVIL their Governor Daniels is, for
having the nerve to pass "Right to Work" legislation.
This makes Indiana only the 23rd state to have "Right to Work" legislation.

Posted by: Boots at February 01, 2012 10:39 AM (neKzn)

Quinn is as dumb as he is corrupt. He's a total lying POS which I guess makes him perfect to be governor of this state.

Posted by: TheQuietMan at February 01, 2012 11:01 AM (1Jaio)

132 Glad to be on the SMOD Squad. Oblivion FTW.

Posted by: grognard, SMOD-Squad at February 01, 2012 11:05 AM (NS2Mo)

133 What - Monty - are you telling us that the neato graph with the lines and data points was just BS?!

Posted by: Gerry at February 01, 2012 11:12 AM (cRQwK)

134 "China's recent moves (like their huge gold-buying binge) leads me to
think that the Chinese government is expecting some kind of large
economic shock in the not-too-distant future."

China has been hording the gold market for years. It "owns" African mining rights, not to mention China's own natural resource of gold. Gold mining in the People's Republic of China has recently made that country the world's largest gold producer.

1. China persisting in its current purchase of Iranian crude v. US/NATO Policy.
2. In order to attack Iran, first the US must militarily conquer Syria allied with China and Russia.
3. China asserts monopoly of the surrounding Seas for trade/military while the US relies on Vietnam as our newest "ally against tyranny".
4. China's domestic economic bubble is bursting.
5. Chinese consist of racial supremacists, and their overly abundant male population would readily fill any critical need in military ranks against anyone else.
6. Regardless of the final straw imploding an economy or instigating bloodshed, US Interventionism leaves the US no diplomatic grounds for neutrality.

But there's nothing wrong with US International Interventionist Policy. Nothing wrong having appointed and maintaining China's Favored Nation status, selling our nation's debt to Communists. No foreseeable problems, only unforeseen consequences to come, totally excusable. Nothing to see, move along. Think at your own peril. STFU and pay your increased taxes, morons.

Posted by: Panzernashorn at February 01, 2012 11:17 AM (lpWVn)

135 And it turns out that this fancy new idea really isn't sustainable, so it will pass and be replaced by some other paradigm that might or might not work. Posted by: Monty at February 01, 2012 10:40 AM (/0a60) Retirement may not work for many, but it is not an outmoded concept. Sufficient savings and investment, by which I mean owning the means of production of goods and services, can providea passive income stream sufficient to not have to work any more. But if indeed I'm wrong, then my new retirement plan is to drink a LOT more and take up smoking, skydiving, and sleeping with loose women.

Posted by: Reactionary at February 01, 2012 11:39 AM (xUM1Q)

136 @126
"Retirement" didn't even become an au courant concept until the late 1880's.

But the mean lifespan then was mid-forties, so retirement didn't come into the picture.

Posted by: Jay Guevara at February 01, 2012 11:41 AM (LtmFR)

137 Without reading the link, I'm going to quibble with the statement "Obama's got a good chance of winning a second term..."

My firm belief is that Obama is unelectable.

I'm not changing that opinion. A couple points that continue to tell me that I am right:

1) Obama continues to do very very dumb things politically. The Keystone pipeline and the latest decision to force Catholics to offer abortion services are blindly stupid. These are no brainer decisions that will increase your support among key middle class voting blocks (blue collar households and practicing Catholics who lean left for many issues). If they hoped to get the votes of this bloc, they would have made different decisions.

I think they are doing this because it is more important to them to get keep money flowing into the campaign than to shore up support in these blocs. The are writing off the votes in order to keep the environmental and abortion constituencies to keep attending the $35K dinners and keep sending large checks.

2) If they are blowing off these core Democrat voting blocs, how do they plan to win? You are starting to see a "western strategy" where they are conceding the traditional swing states. The current polling shows him at below the 50% approval threshold in 40 states. His reelect numbers are abismal, and the GOP candidate is really irrelevant. The GOP will be able to turn out at least as many voters as they did in 2008 for McCain, and the independents have abandoned him (they were key supporters in 200 both in voting and in the small dollar donations.

To make up for this, he has to hope he can hold the states Kerry carried in 2004 and then make up for the loss of Ohio. The key to this will be Hispanics. He is going to try and turn out their vote for him and use it to take Arizona, Nevada, Colorado, and New Mexico. I haven't looked at the numbers, but I bet that map adds up to 271 or very close.

Bottom line is that Obama looks like he is desperate to raise cash and is trying to fill an inside straight in his reelection strategy.

He is acting like a loser.

Posted by: Dave in Fla at February 01, 2012 11:45 AM (BoHEe)

138 Monty: "Brendan Erne makes a point..."

And a very stupid point it is. Brendan Erne apparently thinks that a national economy can consist of A cleaning B's teeth, B counting C's money, and C shining A's shoes.

He puts forward absurd false dichotomies, like "What if we all pledged to purchase only American-made goods? Say goodbye to your iPod..."

Jesus H. Christ. Yes, asshole, it's all-or-nothing: Either we make everything here, or we make nothing.

We must absolutely focus on manufacturing if we're ever going to claw our way out of the abyss. We need to nut the EPA, OSHA, and NLRB, for starters; but we know that will never happen. So we need to be open to the idea, as Santorum has suggested, of lower corporate tax rates for manufacturers.

Manufacturers can move to China or Mexico, and they must compete with both; barbershops and gas stations, not so much. They're not the same thing and they shouldn't be taxed as though they are.

Please don't allow the Democrats to co-opt the pro-manufacturing position out of some free-market purity kick, for fuck's sake.

Posted by: Pastafarian at February 01, 2012 11:48 AM (p7jpu)

139 A little late to this morning's DOOM! party, I know ... but this looked especially doom-y when I read it last night. California, meet Cliff. Cliff, California.
California is running out of cash, the state controller warned in a letter to lawmakers Tuesday.Controller John Chiang said lawmakers need to scrape together $3.3 billion by March -- assuming the state's financial situation doesn't get any worse.

Posted by: crisis du jour at February 01, 2012 11:51 AM (J1eJz)

140 Shoot, formatting got fubar. Here's the URL:
tinyurl.com/7l5kuxp


Posted by: crisis du jour at February 01, 2012 11:53 AM (J1eJz)

141
Please don't allow the Democrats to co-opt the pro-manufacturing position out of some free-market purity kick, for fuck's sake.
Posted by: Pastafarian at February 01, 2012 11:48 AM (p7jpu) Well said.

Posted by: Reactionary at February 01, 2012 11:57 AM (xUM1Q)

142 So much doom, so little time...

Posted by: Marilyn Merlot at February 01, 2012 12:09 PM (nl/w9)

143 It's the entitlements, stupid.

Posted by: Kortezzi at February 01, 2012 12:14 PM (piR98)

144 "I think Obama’s got quite a good chance of winning a second term regardless of the state of the economy, particularly given the lame GOP field that will oppose him."

And this is another reason why I really like your threads. You THINK instead of BELIEVE.
Of course Obama has 'quite a good chance'. You can't beat something with nothing and the Republicans and frankly the so-called 'conservatives' are offering a massive lot of nothing.
I would bet on Obama's victory in 2012 without a moment's hesitation.
I wouldn't think that was a great thing, but I would bet on it.

The ONLY difference between a progressive and a conservative ideologue is the flavor and color of the Kool-Aid.

ps Wonderful news about the new DOOM location. It's already bookmarked.

Posted by: Dougf at February 01, 2012 03:39 PM (+Ig/z)

145 www.genset-china.com

Posted by: kadin at February 02, 2012 12:04 AM (2HMCV)

146 Oh, it's every bit as bad as it sounds. all right.

Posted by: -Shawn- at February 02, 2012 01:50 PM (gqGfc)






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