War Recession Is Over (If You Want It)!

More signs that, just like Hollywood, nobody knows anything when it comes to the economy. Here's a recent "most popular" list of stories at The Wall Street Journal:

Comments

[roo]

bernanke jinxed it

[ed]

6) Tot Mom still evil

[BruceM]

Yeh this is what i’ve been saying for a while now. These people who want to take one random statistic – itself a derivative of a derivative – as proof that the economy is better/getting better are idiots. It’s like the rate of the rate of the rate of home foreclosures just dropped 1.04% over 4 out of the past 5 months in 26 out of 50 states for homes valued $238,563 and over, so everything is great again.

A fixed economy is like porn, you’ll know it when you see it. Numbers don’t mean shit.

Idiots.

[Rhywun]

I am not guilty of being Nancy’s #1 fan.

[Tulpa]

7. Consuming Own Nose-Pickings May Reduce The Risk Of Cancer, Study Says

[ed]

Rhywun | August 22, 2009, 12:12am | #

I am not guilty of being Nancy’s #1 fan.

You know you’d do ‘er.
Tots of the world, unite!

[Tulpa]

ed,

Surely the dead white model story at your link is much bigger than Ms. Snowcone Nemesis, no?

[mr simple]

You idiots, you’ve changed the results by measuring it!

[Tulpa]

Oh…I misinterpreted “tot mom”. I will flog myself accordingly.

[torpid]

It’s high time those economists took the initiative instead of reacting all the time.

[Griff]

all the PBR is on me…pass em around.

[ed]

Tulpa | August 22, 2009, 12:17am | #

Oh…I misinterpreted “tot mom”. I will flog myself accordingly.

“Nancy Grace, that bleach-blond twat
Can’t let go o’ that missing tot.” *

* Where’s Caylee?

[LarryA]

It’s interesting that people who can’t remotely agree on what’s happening with the economy think they know how to control it.

[hmm]

7. Consuming Own Nose-Pickings May Reduce The Risk Of Cancer, Study Says

[hmm]

It’s interesting that people who can’t remotely agree on what’s happening with the economy think they know how to control it.

That’s been the basis of one of my primary free market arguments for a while.

[hmm]

I use my economy rock to see what the economy is doing. It sits right next to my weather rock.

[Art-P.O.G.]

I use my economy rock to see what the economy is doing

It hasn’t burst into flame yet, right?

[hmm]

Off topic.

I gained a little respect for Michael Steele today. It’s not often you see a politician straight up throw down the gauntlet like that. He’s still in charge of a sinking ship full of turds.

It hasn’t burst into flame yet, right?

Nope, but it was all wet earlier. Which appears to have washed off the pigeon shit.

[Kant feel Pietzsche]

Eggggcelennt, hmmm. Agreed and agreed.

[Nooge]

I can’t decide what’s worse: Nancy Grace herself or the drooling halfwits who buy her book and watch her show.

[Nooge the Economist]

I’ll have an update on the market for you all in a minute, but first I must consult the bones.

[Jaes Sutter]

LOL, makes sense to me dude!

RT
http://www.web-tools.us.tc

[JW]

I’ll have an update on the market for you all in a minute, but first I must consult the bones.

Heretic! Only entrails can give an accurate economic forecast!

[Nooge the Economist]

Heretic! Only entrails can give an accurate economic forecast!

I know, but the Extispicator claimed that already. I may progress to ritual magic and consultation with various Goetic entities.

[hmm]

My economy rock > bones & entrails combined. It gives real time information.

*WTF kind of term is real time. Is there a fake time?

[Power Augur]

Only entrails can give an accurate economic forecast!

Only entrails of Fed Chairmen, Treasury Secretaries, and their ilk.

[hmm]

Off topic again:

Since we are shy a health care reform thread in the top few posts:

Here is a post and a CNN clip off Plunderbund of a Colorado LP member (Schum), the comments and clip are chalked full of fun.

I’m told the CNN interview and panel was cut short by the producer.

[Plant Immigration Rights Suppo]

Hmm,

“”I’d like to have some Insurance if it were affordable”. She then goes on to blame insurance companies for the health care crisis and to claim that health care reform will lead to “a corporate welfare subsidy for insurance companies.” You have to love Libertarians for their unapologetic contractions.”

How is this a contraction (or contradiction as he probably meant)? Libertarians believe the healthcare system is as expensive as it is because of regulations. We don’t want subsidies we just want the government out of the way.

[P Brooks]

“”I’d like to have some Insurance if it were affordable”.

For some reason, this reminds me of what Arne Duncan said on this week’s “Political Capital” [Bloomberg].

He is completely perplexed by the cost of a college education.

[PbP]

When unemployment was at 5% the economy was horrible, now that unemployment is at 9.5% the economy is improving.
I watch one of the financial channels every day and each day they have some “expert” that contradicts the “expert” they had on the previous day. Housing market is improving, housing market has just hit bottom, housing market will continue to fall. Unemployment is getting worse, business will start to hire.

[This sucks change it!]

“A fixed economy is like porn, you’ll know it when you see it. Numbers don’t mean shit.”

I don’t know Bruce. I mean, remember the flap over the Mapplethorpe exhibit, especially the first Pres. Bush when he sacked John Frohnmeyer as the head of the National Endowment for the Arts over the funding of it. So-called “arts supporters” shit their panties over the fact the Bush did that. They literally couldn’t tell the difference between Gay S&M porn and actual artistic photography.

[P Brooks]

JACKSON HOLE, Wyo., Aug 22 (Reuters) – The U.S. Federal Reserve’s stated intention to keep interest rates exceptionally low for “an extended period” may conflict with its desire to avoid inflation, an academic economist told central bankers on Saturday.

“The point of keeping interest rates low in the future is to promote economic activity today, but the price is a future rise in inflation,” Carl Walsh of the University of California, Santa Cruz, wrote in a paper presented at the Kansas City Federal Reserve’s annual Jackson Hole conference.

“It is not clear how one has one without the other.”

[….]

Following the crisis, central bankers may need to revisit some widely held beliefs, Walsh wrote.

One is the belief that a central should not “lean against” a growing asset bubble by raising borrowing costs out of concern interest rate hikes are too blunt an instrument that could damage the entire economy, he said.

“There seems little doubt that the consequences of allowing the bubble in housing prices to continue was a serious policy mistake in the U.S. and many countries,” Walsh wrote. (Reporting by Mark Felsenthal; Editing by Neil Stempleman)

[alan]

My economy rock > bones & entrails combined. It gives real time information.

Flip a coin, lose yourself in the power of binary.

I have had the good fortune of not knowing what the Tot Mom was until now when I looked it up, and after a mere five minutes of YouTube exposure I now know more about it than I could ever possibly care.

[Tulpa]

hmm | August 22, 2009, 1:22am | #
7. Consuming Own Nose-Pickings May Reduce The Risk Of Cancer, Study Says

WTF?! I just made that up. I must be psychic or something.

[Tulpa]

When unemployment was at 5% the economy was horrible, now that unemployment is at 9.5% the economy is improving.

As unemployment is a lagging indicator this can actually happen. Not that I think it is happening, but it’s not implausible.

[KyleG]

I will know the economy has recovered once I have been offered a job.

[Hugh Akston]

WTF?! I just made that up. I must be psychic or something.

Quick, Tulpa, how is the economy doing?!

[Tulpa]

I sense an aura of stagflation.

[hmm]

I sense an aura of stagflation.

Sorry. I had beans for lunch.

[Zoology Saturday]

The tongue of the okapi is long enough for the animal to wash its eyelids and clean its ears (inside and out): it is the only mammal that can lick its own ears. Fourteen to eighteen inches (36-46 cm) in length, the sticky tongue is pointed and bluish gray in color like the giraffe’s. Male okapis have short, skin-covered horns called “ossicones”. They have large ears, which help them detect their predator, the leopard.

Okapis are primarily diurnal, although recent photo captures have challenged this long held assumption. A photograph taken in the early hours of the morning around 02:33 shows an okapi feeding in the Watalinga forest in the north of the Virunga National Park in eastern DRC, thus providing evidence that they don’t only feed during the daytime. Okapis are essentially solitary, coming together only to breed, with the exception of mother-offspring pairs. Breeding behaviors include sniffing, circling and licking each other.[3]

[Sean W. Malone]

Is “Zoology Saturday” a thing now?

[Elemenope]

Is “Zoology Saturday” a thing now?

Well, we have more evidence for that then we do any pronouncement on the economy…so…

Zoology Saturdays!

[Sean W. Malone]

I think I have enough evidence to pronounce that the economy is still in the shit and that whatever fictitious, re-inflated bubble some government stooges call a “recovery” will be entirely counterbalanced by massive inflation we’ll be seeing within the next few years. But in the spirit of something new;

Colossal Squid!:

At 40+ feet long, “unlike the giant squid, whose arms and tentacles only have suckers lined with small teeth, the Colossal Squid’s limbs are also equipped with sharp hooks: some swiveling, others three-pointed. Its body is wider and stouter, and therefore heavier, than that of the giant squid. Colossal Squids are believed to have a longer mantle than giant squids, although their tentacles are shorter.”

[Hazel Meade]

But … if the recession is over, how come the “economic crisis” still needs to be exploted to ram through progressive policies?

[PantsFan]

In addition to Zoological Saturdays (loss of marks for bad alliteration) I propose:

Subterranean Sundays – about caves and the creatures that inhabit them
Marsupial Mondays – our hopping friends from down under!
Tortoise Tuesdays – slow moving creatures honor a day where the week is just crawling by
Web-footed friend Wednesdays – or web-slinging Wednesdays, for your Spider-Man news.
Thrush Thursdays – singing into the forest like nobody’s business
and
Falafel Fridays – cuisine & recipes inspired by the Middle East.

[BruceM]

Porn and art are not mutually exclusive. I’d say porn is a clear and distinct form of art. So it’s not that they couldn’t tell the diff between Gay S&M porn and art. They were just saying this one form of art shouldn’t be excluded from the NEA. Others were saying “it’s (gay) porn, not art”. I disagree with those people.

That being said, porn is probably the one art form above all others that doesn’t need funding and sponsors to be created. Porn for porn’s sake still stands a better chance to make a profit than any other form of art. So the one form of art that doesn’t need gov’t funding is porn.

On another note, it’s worth pointing out that some people are saying “the worst of the recession is over” while some are saying “the recession is over.” There is a great variance between those two things. Both statements are coming out of people’s asses, of course. But they’re not the same thing.

Also, it’s pathetic that people are still calling this a “recession” solely because “depression” sounds worse and everyone agrees that it would be negligent to call it a “depression” as that would instantly cause people to SELL SELL SELL and make things worse. If this is not a depression, what the fuck is? Breadlines are not the sine qua non of a depression.

[Kyocera Cartridges]

I don’t believe that recession is over. Try to conduct a survey in your place and from there you will realize the truth. Recession is getting worst!

[P Brooks]

it is the only mammal that can lick its own ears.

I’m not jealous. I find it much more satisfying to have my ears licked by someone else.

[Tulpa]

I disagree. If I could lick my own ears I would basically do nothing else.

[Scandinavia Sunday]

The motives driving the Viking expansion form a topic of much debate in Nordic history. One common theory posits that the Viking population had outgrown agricultural potential of their Scandinavian homeland.[citation needed] For a coastal population with superior naval technologies, it made sense to expand overseas in the face of a youth bulge effect. However, this theory does little to explain why the expansion went overseas rather than into the vast, uncultivated forest areas on the interior of the Scandinavian Peninsula. Moreover, no such rise in population or decline in agricultural production has been definitively proven. These shortcomings are addressed by the hypothesis that the expansion was caused by a shortage of women, with the intention to acquire wives.[1]

The decline in the profitability of old trade routes could also have played a role. Trade between western Europe and the rest of Eurasia suffered a severe blow when the Roman Empire fell in the 5th century.[citation needed] The expansion of Islam in the 7th century had also affected trade with western Europe.[citation needed] Trade on the Mediterranean Sea was historically at its lowest level when the Vikings initiated their expansion.[citation needed] By opening new trade routes in Arabic and Frankish lands, the Vikings profited from international trade by expanding beyond their traditional boundaries.[citation needed] Finally, the destruction of the Frisian fleet by the Franks afforded the Vikings an opportunity to take over their trade markets.[citation needed]

“The Ravager” by John Charles DollmanViking settlements in Ireland and Great Britain are thought to have been primarily male enterprises. A cemetery on the Isle of Man for example includes mainly male Norse burials, with females from the local indigenous population. Irish and British women are mentioned in old texts on the founding of Iceland, indicating that the Viking explorers had acquired wives and concubines from the British Isles. Genetic studies of the Shetland population indicates that Viking family units were the norm among the migrants to these areas. Genetic studies of the population in Iceland and the Western Isles/Isle of Skye show that Viking settlements were established mainly by unattached male Vikings who subsequently acquired women from among the local populations. This may be explained in terms of physical distance to new settlements from the Scandinavian homeland; closer settlements were more suitable for family migration while frontier settlements further north and west were left for groups of lone male colonizers.

[P Brooks]

“Bloody Vikings!”

[crimethink]

Breeding behaviors include sniffing, circling and licking each other.

Reminds me of high school.

[Pain]

“Bloody Vikings!”

GO BEARS!