Tuesday Forum: August 6, 2019

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2,344 Responses to Tuesday Forum: August 6, 2019

  1. egg_

    Who then is the true subject of Dr. BG’s affections?

    The mangoes?
    I’m waiting for Maria to get a rub down in the shower with a mango.

  2. JC

    The left tells you that higher taxes don’t really matter much because people’s behavior isn’t really impacted. Yep sure.

    June was the biggest month ever for sales of luxury residential real estate in New York City, as a looming July 1 tax increase sent hundreds of buyers scrambling to close deals.

    By nearly any measure, the month’s sales activity eclipsed all previous marks, according to a Wall Street Journal analysis of property records. It set a record for the most sales above $2 million, sales above $10 million and even sales above $25 million.

    And

    In all, more than $4.8 billion in property changed hands. That was the highest monthly amount since at least 2003 when the city began logging all individual apartment and home sales in its online database.

    As the deadline to beat the tax increase neared, the buying frenzy only intensified. Of the 673 June transactions of at least $2 million, 351 closed in the final seven days. That week alone accounted for more luxury closings than all but 10 individual months on record.

    The cascade of deals suggests that even the behavior of very affluent New Yorkers can be influenced by the lure of a modest tax savings. The new transfer tax—a one-time payment on any property selling for more than $2 million—isn’t huge. It ranges from 0.25%, or $5,000, on a $2 million sale, to 3.15% on sales of $25 million or more.

  3. Bruce of Newcastle

    Mr Rudd, whose views on China are keenly sought by top US politicians and policy experts

    I linked the report of Warren going the full NBN this morning, satirically suggesting that Kevni and the Milkman were behind the idea. I wonder…

    Elizabeth Warren unveils $85 billion proposal to guarantee high-speed internet access (7 Aug)

  4. JC

    Infidel Tiger
    #3126581, posted on August 8, 2019 at 5:18 pm

    JC, Krudd is quoting Larry Summers.

    Not following explain, Artie.

  5. calli

    Northern Beaches police in the 70’s?

    I’d believe anything. My late cousin was one of them.

  6. cohenite

    Malcolm Roberts – Pauline Hanson’s One Nation

    August 6 at 9:44 AM ·

    One Nation will oppose the Governments proposed ban on cash payments over $10,000.

    Legal tender is legal tender.
    The only ones who will love this bill are the banks.

  7. Infidel Tiger

    Mr Rudd said he agreed with former US Treasury Secretary Lawrence Summers that the world “may well be at the most dangerous financial moment since the 2009 financial crisis”.

    Mr Rudd said a worsening US-China trade dispute would put Australia at risk of recession because of weaker demand from China and other Asian nations such as Japan and South Korea.

    The latest GDP figures showed the Australian economy growing at its slowest rate since the global financial crisis of 2008.

    I’d tell the Americans to jump in the lake if that was me.

    Kevin Rudd
    Rudd blasted the Trump administrations’s determination, on Monday local time, that China is manipulating its currency for an unfair trade advantage as “dumb, dumb, dumb”.

    “It doesn’t make sense in terms of any analysis of how the Chinese central bank authorities have managed the Renminbi for many years,” he said.

    “It’s even dumber as part of a negotiating strategy on trade.

    “Deliberately provocative actions like this from the US only deepen the hostility to the US among the Chinese leadership and make it harder to secure the trade deal Trump says he wants.”

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    The US President is increasingly acting in defiance of his top economic advisers on trade, Mr Rudd said.

    During the 2016 election campaign Mr Trump vowed to name China as a currency manipulator on his first day in office. But he was talked out of the move by advisers including Treasury secretary Steve Mnuchin.

    Unlike on currency manipulation, Mr Rudd said Mr Trump was right to highlight China’s abuse of intellectual property laws.

    But he said the Trump administration had made unreasonable demands by insisting that tariffs on Chinese goods remain in place under a trade deal and reserving the right to impose unilateral tariffs in the future.

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    “I’d tell the Americans to jump in the lake if that was me,” he said.

    On the prospect of Australia joining Operation Sentinel, the US-led naval mission to bolster security for vessels in the Strait of Hormuz, Rudd said: “The idea Australian forces could in some way end up involved in a gulf crisis involving Iran is something we should take extremely seriously.

    “It is uncertain which way American strategy towards Iran is going to go particularly given National Security Adviser John Bolton’s longstanding pathology towards the Iranians.

    “This region is a tinderbox and fools rush in where angels fear to tread.”

  8. egg_

    ‘Tried to get his leg over a few times’

    Speaking of yeasty BO.

  9. Gilas

    JC
    #3126559, posted on August 8, 2019 at 4:57 pm

    Gretel looks like Dad and her bro.

    Yikes!!

    Imagine waking up to that.

  10. JC

    Gilas

    She’s worth a couple of bill. That’s a different kind of beauty. 🙂

  11. Leigh Lowe

    Infidel Tiger

    #3126569, posted on August 8, 2019 at 5:05 pm

    Bwahahahaha!

    Kevin Rudd has popped up to offer his advice on China and Iran.

    An Idiot’s Guide to Ratfuckers and Ragheads.

  12. duncanm

    C.L.
    #3126125, posted on August 8, 2019 at 8:20 am
    The ABC finds four people who hated growing up in Australia.

    being a teen can be difficult.. who knew ?

    When are arsehats like this going to grow up, take some responsibility for themselves, and stop being the victim?

  13. duncanm

    U.K. student union swaps clapping with more inclusive ‘jazz hands’

    I find much jazz offensive.

  14. Leigh Lowe

    Police don’t lose interest in murderers and I strongly doubt Dawson’s juice with police ever extended to homicide.

    Not suggesting they ignored a homicide.
    Dawson told all his mates (including coppers) that she had pissed off with another bloke, and they bought it.

  15. bespoke

    zyconoclast
    #3126540, posted on August 8, 2019 at 4:45 pm

    Watch the trailer!! Any ‘Progressives’ complain about incitement shove this in its face.

    Hollywood Film Depicts Trump Supporters Being Hunted for Sport by Liberals

    “Did anyone see what our ratf**ker-in-chief just did?” one character asks early in the screenplay for The Hunt, a Universal Pictures thriller set to open Sept. 27. Another responds: “At least The Hunt’s coming up. Nothing better than going out to the Manor and slaughtering a dozen deplorables.”

  16. JC

    Artie

    You can’t entirely discount serious shit happening. Bond yields are through the roof.

    10 years

    US 1.7%
    Canada 1.2 %
    Germany -.60% yes minus!
    UK .5%
    France -.3% yes minus

    Freaking Italy 1.5%

    Spain .3%

    Switzerland -1% yes minus 1%

    Japan -2%
    Australia 1%

    These are shockingly low rates, suggesting either a big dump in industrial production or one huge fucking head fake. I tend to think it’s a head fake, but I wouldn’t bet the ranch.

    Can you believe that you have to pay 1 % to have the privilege of owning Swiss bonds. The world is really fucked up or about to be.

    Even Hong Kong with some decent sized political risk is at 1%

  17. notafan

    ML

    AFAIK it was shown she breached the code of conduct.

    A code of conduct that would have been drummed in.

    Nothing to do with on work time.

  18. Bruce of Newcastle

    She’s worth a couple of bill. That’s a different kind of beauty. 🙂

    And she’s probably a lot nicer than Mariah Carey. That wouldn’t be hard.

    Mariah Carey Celebrates Meeting ‘President’ Hillary Clinton (6 Aug)

    Pop icon Mariah Carey posted a celebratory tweet Monday in honor of meeting Hillary Clinton, whom she referred to as “President Clinton.”

    The five-time Grammy Award-winner was among the famous figures — including the Clintons — who attended Barbra Streisand’s Madison Square Garden concert over the weekend. Carey posted a picture to her 21 million Twitter followers, showing the “We Belong Together” singer all smiles next to the failed presidential candidate. She made it no secret that Hillary is her “president.”

    Phew, that was a near miss James. On the other hand maybe Gretel scared her off.

  19. zyconoclast

    Sacrilegious homosexual dance performed in historic Montreal Catholic church

    WARNING: This article contains videos or links to videos that show a sacrilegious, homoerotic event inside a Catholic church and a graphic homos3xual dance.

    MONTREAL, August 7, 2019 (LifeSiteNews) – An historic Catholic church in Montreal is at the center of a major controversy regarding the use of its sacred space for a profane and sinful act performed in the sanctuary.

    LGBT artist and activist Matthew Richardson released his most recent production titled, “Hallelujah” on May 1 of this year. The video was set in the sanctuary of St. Peter the Apostle Catholic Church and was produced in order to promote a message of “tolerance” by juxtaposing messages of “hate,” religious images, and hom03rotic choreography. And while Richardson claims to have hoped “not to say something bad about religion,” the fact remains that the production of his performance within the church may have constituted acts of sacrilege and desecration.

    “Hallelujah” opens with a semi-nude man standing in the sanctuary of the church, facing the tabernacle and high altar. After images of violence and protests are contrasted with religious art, another semi-nude man walks up the aisle to the sanctuary, where both men embrace and dance in a manner suggestive of homos3xual intercourse. All of this takes place to an adaptation of Leonard Cohen’s song, “Hallelujah.” At the end of the video, the two men caress and smear each other with colored chalk dust and gyrate together as they produce a banner with a rainbow-colored heart and the words, “Choose Love,” and the banner is raised in the sanctuary where they had been dancing.

    According to the Code of Canon Law, this performance could very well have constituted acts of both desecration and sacrilege. Canon 1210 says that “anything out of harmony with the holiness of the place is forbidden,” and Canon 1211 says that if the acts done are “gravely injurious and give scandal to the faithful,” and “are so serious and so contrary to the sacred character of the place,” the local bishop may judge that the space has been desecrated and cannot be used for worship until “the harm is repaired by means of the penitential rite.”

    Can. 1210 In a sacred place only those things are to be permitted which serve to exercise or promote worship, piety and religion. Anything out of harmony with the holiness of the place is forbidden. The Ordinary may however, for individual cases, permit other uses, provided they are not contrary to the sacred character of the place.

    Can. 1211 Sacred places are desecrated by acts done in them which are gravely injurious and give scandal to the faithful when, in the judgement of the local Ordinary, these acts are so serious and so contrary to the sacred character of the place that worship may not be held there until the harm is repaired by means of the penitential rite which is prescribed in the liturgical books.

    If the performance does not constitute an act of desecration in the eyes of the bishop, at the very least, it constitutes an act of sacrilege. The Catechism of the Catholic Church defines sacrilege as follows:

    2120 Sacrilege consists in profaning or treating unworthily the sacraments and other liturgical actions, as well as persons, things, or places consecrated to God. Sacrilege is a grave sin especially when committed against the Eucharist, for in this sacrament the true Body of Christ is made substantially present for us.

    Many Catholics have been left to wonder how such a thing could happen in a Catholic church. In an interview with the San Diego Gay & Lesbian News, Richardson explained how he had received formal permission from the parish for his performance. “I honestly just went into the church, asked who I could speak to about the idea, and then proposed what I had in mind,” Richardson said. “They welcomed me, my message, and our creation with open arms.”

    In a Facebook live session just prior to the video’s release, Richardson gave additional details about his interaction with an unnamed representative of the parish, from whom he received the permission. At the 8:30 mark, Richardson explains that he read online about how St. Peter the Apostle does a lot of “LGBT support and outreach,” prompting him to reach out to the church with a presentation and proposal on his project. Richardson said:

    “The guy I was talking to had seen my first video, so he had seen ‘Arrow,’ and as soon as he saw that it was the same guy who made that, he was like, ‘that’s fine, let’s just … you can, we’ll do it, let’s talk about it.’ So, it was amazing to me that I didn’t have to do that much work to book the cathedral, it just happened. It was very easy.”

    At 11:12 in the Facebook live video, Richardson took a question from someone who asked, “How did the church feel about being at the forefront of a gay relationship?” Richardson responded:

    “They really support it. The guy who I worked with had already seen my first video, so he knew the message I was wanting to share anyway, and so he really supported what I was doing. I showed him the whole presentation with my message, what it would look like, what it would be, but I wanted them to make sure that I wasn’t saying something bad about religion, I’m just saying, no matter what your faith, you can still be kind.”

    Richardson’s previous video “Arrow” (click HERE to watch; viewer discretion advised), which he indicated the parish contact had seen and reacted approvingly toward, was a four-minute, near-pornographic dance video showing two semi-nude men embracing, kissing passionately, and even grasping each other’s crotches.

    his sort of controversy is not new for St. Peter the Apostle Catholic Church. In 2015, the parish produced a promotional video, explaining the history and architecture of the church. In the last 20 seconds of the video, the narrator explains (in French), “Over the years, St. Peter the Apostle has become the parish of the gay community in Montreal.”

    Just last month, St. Peter the Apostle celebrated the funeral Mass for same-sex “marriage” advocate Laurent Mccutcheon. Mccutcheon committed himself to the advancement of public acceptance of homosexuality after the 1969 Stonewall riot, and was a major proponent behind Quebec’s 2005 recognition of same-sex “marriage.” In celebration of Mccutcheon’s promotion of homosexuality, St. Peter the Apostle was decorated with rainbow-colored streamers.

    The determination as to whether the parish has indeed been desecrated by the homoerotic performance is entirely up to the local ordinary, Archbishop Christian Lépine.

    Catholics wishing to contact the archbishop to ask him to investigate this sacrilegious event and make a determination on whether the performance constituted an act of desecration may do so with the information provided below:

  20. max

    “dumb, dumb, dumb”.

    “North Korea, North Korea, North Korea”

    This was Rudd’s answer to Leigh Sales when asked to name the greatest threat to our region last time he was interviewed.

    Well, well, well. Trump took care of that just like he’s taking care of the Chicoms.

  21. Leigh Lowe

    Phew, that was a near miss James. On the other hand maybe Gretel scared her off.

    Bullet dodged.
    Hopefully his screechy chubby-chick phase is over.

  22. JC

    For Trump, to take “care of the Chicoms” would mean Trump has to win the trade war. What makes you think he’s winning, Max?

    China could ride it out until the election to see who wins. The regime there doesn’t face elections and may decide to ride it out despite the world economy going to shit. Don’t be so over confident.

  23. egg_

    Kevin Rudd has popped up to offer his advice on China and Iran.

    Schadenboner?

  24. roger

    We didn’t need that uber-prick Rudd’s latest answer-to-a-question-noone-asked-him to know that Labor doesn’t really know whether it is coming or going on the US Alliance; or, rather, that Labor is, in fact, deeply hostile to Western values, but can’t really say it, so it pretends to urge caution or something.

  25. Infidel Tiger

    JC, all the world’s capital is fleeing to USD.

    China is screwed. They are running out of currency that is worth anything.

    They can’t purchase enough food for their peasantry without USD.

  26. Infidel Tiger

    For Trump, to take “care of the Chicoms” would mean Trump has to win the trade war. What makes you think he’s winning, Max?

    China could ride it out until the election to see who wins. The regime there doesn’t face elections and may decide to ride it out despite the world economy going to shit. Don’t be so over confident.

    China will be backing the Dems hard.

    If Trump loses, China will be unassailable and that is awful for humanity.

  27. Des Deskperson

    ‘But, absent any legal instrument that she agreed to that binds her free time behaviour to her employer then I don’t think she should have been sacked. ‘

    Well, she would have almost certainly signed up to a Coed of Conduct that has legal force through its inclusion in the Public Service Act 1999 . The Code includes this section;

    (11) An APS employee must at all times behave in a way that upholds:
    (a) the APS Values and APS Employment Principles; and
    (b) the integrity and good reputation of the employee’s Agency and the APS.

    Note the phrase ‘at all times’.

    What actually constitutes behaviour that might be in breach of this section is a complex issue that has to be addressed on a case by case basis, but dissing your agency on social media, even anonymously, might well fall within its coverage,.

    For the record, and on the basis of the information available, I don’t think she should have been sacked, but she almost certainly should have been transferred out.

  28. roger

    China could ride it out until the election to see who wins.

    That’s the tactic behind their game.
    But Trump knows it, and if he wins (and Trump is a winner so far), then he will hoist them on their own petard.
    I betcha those Commie fuckers are still shell-shocked from what happened here on May 18.

  29. JC

    Artie

    List Trump’s trade objectives with China, as I don’t really know them. In fact I don’t think anyone does. Why did he impose the 10% tariff last week?

    Here’s the WSJ on this.

    A Navarro Recession?
    Trade and currency mistakes are eroding economic growth.

    Multiple reports out of the White House last week say President Trump overruled all of his economic advisers other than Peter Navarro when he decided to impose new tariffs on China. Global and American economic conditions have been heading south ever since, so perhaps we should call this the Trump-Navarro trade-policy slowdown.

    Mr. Trump used to talk as if stock prices were his economic lodestar, which was never wise since stocks fluctuate for many reasons. But on Wednesday he professed not to be too concerned by the stock-market correction. The Dow Jones Industrial Average dropped sharply Wednesday morning before stabilizing, though it still closed lower than it was in January 2018 when his tariff offensive began. He can ignore stocks if he chooses, but financial markets across the board are signalling worry about more trade and currency tensions and a slowing global economy.

    Look, Trump has/had a very good story to tell on the economy. He’s done some really good things, but that is his biggest reason to ask for re-election. If the US goes into a deep recession, he’s fucking toast.

    More from the WSJ editorial

    Stocks stabilized Tuesday but then fell again Wednesday amid fears of weaker economic growth world-wide. Germany turned in lousy industrial numbers, and a European recession is as likely as not. Commodity prices have been falling—from copper to iron ore to oil to farm goods. Some of this reflects the rise in the dollar, but another reason is concern about falling demand as the global economy slows.

    The U.S. economy has held up better than the rest of the world, thanks in large part to Mr. Trump’s policies. Deregulation and tax reform revived a recovery that was long in the tooth and barely escaped recession in 2015-2016. Business confidence and capital investment surged, which has driven further job market gains, rising wages and durable consumer spending.

    But note the economic canaries. CEO confidence and capital spending have tailed off since the trade war escalated in 2018, and the falloff is beginning to affect economic growth. The near-3% surge in GDP has slid to 2%, and average monthly job growth has declined to 165,000 this year from 223,000 in 2018.

    And

    Exports have subtracted from GDP as global demand slumps, especially for manufactured goods. If oil demand stays low, the oil and gas industry will have to begin layoffs. The 10-year Treasury yield dipped below 1.6% Wednesday morning, another sign of slower growth ahead.

    Oh, and has Mr. Trump noticed that the trade deficit hasn’t improved? Global supply chains are moving out of China to third countries such as Vietnam. But the overall U.S. trade deficit is steady. This is because the U.S. invests less than it saves. Thus it imports capital from abroad, which in the national income accounts is offset by a trade deficit.

    The irony, and a dangerous one, is that Mr. Trump doesn’t seem to understand that his trade policy is contributing to exchange-rate instability and a rising dollar. When he slaps tariffs on China he reduces the demand for Chinese yuan. He also encourages capital flight to safe havens like the dollar, which encourages more capital into dollar instruments and the U.S. China isn’t manipulating its currency. It is setting a lower peg to reflect supply and demand and prevent greater capital flight out of China.

    We aren’t predicting a recession, but then few thought we were in a recession in mid-2008 either. Economic downturns can sneak up on the smartest policy makers. Dan Clifton of Strategas Research Partners has begun noting that Mr. Trump is “‘trading away’ his re-election” as his trade policy erodes what was a strong economy. Mr. Clifton is a supply-sider who supports Mr. Trump’s tax and deregulatory agenda.

    This is a warning the President should heed, and probably one Mr. Navarro won’t tell him. If Mr. Trump can’t strike a broader trade deal with China before the election, he should at least call a trade truce to reduce the damage. Economic expansions don’t end on their own. They almost always end due to policy mistakes. Mr. Trump’s willy-nilly trade offensive could be the mistake that turns a slowdown into the Navarro recession.

    Artie, Navarro is a fucking maniac. No one should be listening to him.

  30. Bruce of Newcastle

    If Trump loses, China will be unassailable and that is awful for humanity.

    China has nothing on the Western Left’s malthusian totalitarianism. If Trump loses the new Prez will go the full Gaia. At least the Chinese haven’t gone down that particular misanthropic rabbit hole.

  31. Geriatric Mayfly

    China will be backing the Dems hard.
    If Trump loses, China will be unassailable and that is awful for humanity.

    Sparking another protracted frothing obsession with foreign influence on the election. The Celestials this time, not the Russians.

  32. cohenite

    China will be backing the Dems hard.

    If Trump loses, China will be unassailable and that is awful for humanity.

    And that should be one of Trump’s campaign slogans.

  33. JC

    But Trump knows it, and if he wins (and Trump is a winner so far), then he will hoist them on their own petard.

    He’s a winner so far? How so?

    Most of the $US60 billion the US is taking in from the Chinese tariffs Trump’s imposed have gone into farm support because the Chinese are buying less US agri products. This is the fucked up nature of tariffs and the consequences.

  34. Infidel Tiger

    Artie

    List Trump’s trade objectives with China, as I don’t really know them.

    Primarily it is about the IP theft. Nothing else matters.

    The only Navarro I know was guitarist for Jane’s Addiction.

  35. Infidel Tiger

    Most of the $US60 billion the US is taking in from the Chinese tariffs Trump’s imposed have gone into farm support because the Chinese are buying less US agri products. This is the fucked up nature of tariffs and the consequences.

    So what? War is never clean.

  36. JC

    Cronkite

    If the US goes into recession, Trump is NOT going to win re-election. You can hallucinate as much as you want on this – even moving to the parallel universe you come in and out of permanently.

  37. notafan

    I see from the ABC report her supervisor worked out it was her.

    Must have been a fun workplace.

  38. calli

    maybe Gretel scared her off.

    Good sister.

  39. JC

    So what? War is never clean.

    So who is winning here? US consumers lose purchasing power and another group is added to the welfare rolls.

  40. The world is really fucked up or about to be.

    +100

  41. JC

    Who is Peter Navarro.

    He’s cracker.

    Publications

    Navarro is a prolific author with nearly a dozen books written on various topics in economics and specializing in issues of balance of trade. He has published peer-reviewed economics research on energy policy, charity, deregulation and the economics of trash collection.[18][23][3] Navarro “is a prolific writer, but has no publications in top-tier academic journals… [although] his research interests are broader than the average economist’s.”[8]

    The Coming China Wars is a book published by FT Press in (2006). Navarro examines China as an emerging world power confronting challenges at home and abroad as it struggles to exert itself in the global market. He also discusses how China’s role in international commerce is creating conflicts with nations around the world over energy, natural resources, the environment, intellectual property, and other issues. A review in Publishers Weekly describes the book as “comprehensive” and “contemporary” and concludes that it “will teach readers to understand the dragon, just not how to vanquish it”.[24]
    Professor Peter Navarro discusses his work, Death by China, arguing China cheats in the world trade system at University of Michigan in 2012

    Death by China (2011) is a book by Navarro and Greg Autry. According to The Economist, “the core allegations Mr. Navarro makes against China are not all that controversial. He accuses China of keeping its currency cheap . . . He deplores China’s practice of forcing American firms to hand over intellectual property as a condition of access to its market. He notes, correctly, that Chinese firms pollute the environment more freely and employ workers in far worse conditions than American rules allow.”[8] Navarro argues that China violates fair trade by “illegal export subsidies and currency manipulation, effectively flooding the U.S. markets” and unfairly making it “virtually impossible” for American companies to compete.[25] It is a critique of “global capitalism” including foreign labor practices and environmental protection.[26] Currency manipulation and subsidies are stated as reasons that “American companies cannot compete because they’re not competing with Chinese companies, they’re competing with the Chinese government.”[27]

    In 2012, Navarro directed and produced a documentary film based on his book, Death by China.[28] The film was released under the same title and narrated by Martin Sheen.
    Political career
    Politics and Campaigns for Public Office

    While teaching at UC Irvine, Navarro ran unsuccessfully for office in San Diego, California five times.[7][19] In 1992 he ran for mayor, finishing first (38.2%) in the primary, but lost with 48% to Susan Golding in the runoff.[29] During his mayoral campaign, Navarro ran on a no-growth platform.[30] In 1993 he ran for San Diego city council and in 1994 for San Diego County board of supervisors.[19] In 1996, he ran for the 49th Congressional District as the Democratic Party nominee, but lost to Republican Brian Bilbray, 52.7% to 41.9%.[31] In 2001, Navarro ran in a special election to fill the District 6 San Diego city council seat, but lost in a special election with 7.85% of the vote.[32]

    Navarro supported President Barack Obama’s phase-out of incandescent light bulbs, the adoption of wind energy, and carbon taxes in order to stop global warming.[

    https://en.wikipedia.org/wiki/Peter_Navarro

  42. feelthebern

    They can’t purchase enough food for their peasantry without USD.

    LOL.
    Trump level epic trolling.
    Has to be.

  43. Geriatric Mayfly

    More on the disgustingly white Roseann Arquette (Who she) from David Thompson.

    Rosanna and her existence.
    So, are we witnessing a kind of neurotic contagion in which those so gripped believe such things, and spend their days agonised and weepy, or a kind of neurotic contagion in which they feel compelled to pretend such things, thereby asserting some elevated status? A kind of, “I am better than you because I pretend to feel worse.” And if the latter, is that significantly saner?

    Hopp Singg
    She’s only ashamed she can’t win the Remorseful Olympics.
    David
    But see her agonies. See how they catch the light.
    Like political jewellery.

  44. Infidel Tiger

    So who is winning here? US consumers lose purchasing power and another group is added to the welfare rolls.

    How has the US consumer lost purchjasing power?

    His wage is going up.

    His dollar is stronger.

    China is lowering the cost of goods in desperation to compete.

    The US consumer has never been better off.

    China can kiss our dicks. It’s a foul ponzi prison camp run by evil midgets.

  45. feelthebern

    James Packer is surrounded by terrible terrible people.
    He needs to cut off all his current circle.

  46. Infidel Tiger

    LOL.
    Trump level epic trolling.
    Has to be.

    Not at all.

    China relies on imports just to feed its population. They are unable to purchase this food without USD.

    They are in all sorts.

  47. feelthebern

    IT, you keep saying the Chinese can kiss your bathing suit area.
    You don’t need a trade war for that.
    Even in WA, I’m sure you can pay for that service/fetish.

  48. Roger

    These are shockingly low rates, suggesting either a big dump in industrial production or one huge fucking head fake.

    Industrial production indices are down across the board.

    If we avoid a global recession it’ll be by the skin of our teeth.

  49. JC

    How has the US consumer lost purchjasing power?

    Tariffs are a tax on consumers.

    His wage is going up.

    Wages are going up because of his other policies – taxes and deregulation.

    His dollar is stronger.

    No it’s not. The US Dollar/Index has fallen from just under 99 in June to 97.50 trading right now.

    China is lowering the cost of goods in desperation to compete.

    Evidence.

    The US consumer has never been better off.

    Let’s keep saying this to ourselves if the US and the world economy falls off a cliff.

    China can kiss our dicks. It’s a foul ponzi prison camp run by evil midgets.

    Okay.

  50. Tel

    If the US goes into recession, Trump is NOT going to win re-election. You can hallucinate as much as you want on this – even moving to the parallel universe you come in and out of permanently.

    I would have thought that, until the Democrat Primaries started and they were doing their debates.

    They are now so far out in la la leftist land that Biden looks like the most sensible guy on the field.

    That can’t be a winning position. Even with a recession, name the Dem who beats Trump and describe the leadup to the 2020 election. Try to picture the path to victory … I’m unable to.

  51. cohenite

    So, head prefect in your universe, the West, particularly the US, should continue sucking chink dick.

  52. If we avoid a global recession it’ll be by the skin of our teeth.

    Then I hope your teeth have thicker skin than mine, Roger.

  53. feelthebern

    Looks like the NFL will agree to NFLPA demands to stop testing for cannabis.
    Looks like the trade off will be the season being expanded from 16 games to 18 in a couple of seasons time.
    The benefits of not being part of WADA or USADA.

  54. JC

    That can’t be a winning position. Even with a recession, name the Dem who beats Trump and describe the leadup to the 2020 election. Try to picture the path to victory … I’m unable to.

    He’ll lose the election if the US is in recession. His path will always be narrower anyway.

    Okay, name those states that gave him the 16 win that would vote for him again in 20 in a deep recession…. those marginal states like Pen and the others. I hope you’re right, but I wouldn’t bet the ranch on your prediction.

  55. Tel

    How has the US consumer lost purchjasing power?

    Tariffs are a tax on consumers.

    Consumers cop a knee in the dingle dangle under all scenarios:
    * Option 1: Trump imposes tariffs, the CPI goes up, the Fed says, “Gladly! We love inflation … but this is a little too much so we raise interest rates and offset this CPI increase.”
    * Options 2: Trump opens the borders, the CPI does not go up, the Fed says, “My oh my … lowflation! We will solve this by lowering rates, printing money and putting a monetary rocket under CPI. Never fear, Captain Fed is here to help.”

    So the story is that prices are going up … it’s a given.

  56. roger

    Somebody has to stand up to China.
    If it has to be Trump, then all power to him.
    And good on Andrew Hastie for speaking up over here.
    Ever since those Commies won the Vietnam War, they learnt how they can win wars against the West without winning a single battle on the frontline, but just by using their Western Fifth Columnists/Useful Idiots.

  57. Roger

    Then I hope your teeth have thicker skin than mine, Roger.

    My teeth were made in Germany and are sterilised every night, so no skin at all.

    I hope this isn’t a bad omen for the global economy.

  58. JC

    So, head prefect in your universe, the West, particularly the US, should continue sucking chink dick.

    Trade deficits don’t matter. If you really are concerned about trade deficits then advocate policies, which have USS punters saving more.

    Trade deficits are a mismatch between savings vs consumption, cronknite. It’s not really about sucking dick, which I’m sure you dream about.

  59. mh

    Look, Trump has/had a very good story to tell on the economy. He’s done some really good things, but that is his biggest reason to ask for re-election. If the US goes into a deep recession, he’s fucking toast.

    Deep recession?

    Oh yes, according to economic libertarians everything Trump was doing would lead to a deep recession from which America would never recover.

    And those jobs were never coming back. Except they did.

  60. Bruce of Newcastle

    Tariffs are a tax on consumers.

    Rubbish JC.

    China has devalued so that their widgets can compete with locally produced US widgets.
    Therefore the Chinese are now paying for the US deficit, directly to the IRS.
    Xi is screwed since his great strategy has been to white ant US production capacity.
    Now he has to emasculate his own economy just to hold onto what they’ve gotten.
    Or the US corporate sector will step in and build more widgets.
    Trump has read Sun Tsu and knows that business is war by other means.
    (Forgive my bastardization of Clausewitz who I suspect Trump has also read.)

  61. thefrollickingmole

    If you tread on the lines, bears will eat you.
    This is a true fact.

    What have bears ever done for you to wish that on them?
    For the ladies in question a bear may be far better that what usually eats them.

  62. JC

    Somebody has to stand up to China.

    In what sense? Militarily? Don’t make me laugh. The US spends more on arms than everyone else combined. It would/could fuck China royally at any time it wants.

    If it has to be Trump, then all power to him.

    Get this. Trump is an idiot on trade and has been for the past 30 years. If there’s one thing about Trump which has held up all the way through his political life is that he’s an idiot when it comes to trade. He doesn’t understand it.

  63. My teeth were made in Germany and are sterilised every night, so no skin at all.

    Apart from the “made in Germany” bit, ditto here, Roger.
    We live in interesting times.

  64. JC

    Bruce

    It’s not rubbish. It is correct.

    China’s currency did NOT devalue when Trumop announced the new tariffs. The currency fell to the bottom of the band because there were more sellers than buyers. It behaved eggsactly how it’s expected to with the announcement of US tariffs. The Yuan fell and the US appreciated.

    Also, it’s a little more complicated than that because if the currency fell, it will mean China’s input prices will also rise. Either way, the US consumer cops it.

  65. JC

    Xi is screwed since his great strategy has been to white ant US production capacity.
    Now he has to emasculate his own economy just to hold onto what they’ve gotten.
    Or the US corporate sector will step in and build more widgets.
    Trump has read Sun Tsu and knows that business is war by other means.
    (Forgive my bastardization of Clausewitz who I suspect Trump has also read.)

    Are you reading some science fiction novel, Bruce?

  66. cohenite

    Trade deficits are a mismatch between savings vs consumption, cronknite. It’s not really about sucking dick, which I’m sure you dream about.

    One of those is not true; the other is wishful thinking on your behalf.

  67. zyconoclast

    ‘Meat tax’ on the table to protect the climate
    Meat is relatively cheap for consumers in Germany. But that could all be about to change as lawmakers from across the political spectrum back proposals aimed at climate protection and animal welfare.

    German politicians from the Social Democrats (SPD) and the Greens on Wednesday proposed raising the value added tax (VAT) on meat to the standard rate of 19%. Currently, meat is taxed at a reduced rate of 7% like most foodstuffs.

  68. JC

    cohenite
    #3126654, posted on August 8, 2019 at 6:35 pm

    Some of nature’s gentler moments:

    https://www.facebook.com/watch/?v=662340557522581

    Ever seen lightening hit a tree. I did once when I was a kid. It’s fucking fantastic to watch.

    Good find, Cronkite, but you still need to learn to code.

  69. Roger

    We live in interesting times.

    Yes, too interesting for my liking, Peter.

    The last time we had a recession we were much more socially cohesive than now.

    It could get very ugly.

  70. JC

    The last time we had a recession we were much more socially cohesive than now.

    I’d like to introduce you to President Pocahontas Warren, who will be around for the next 4 years.

  71. zyconoclast

    Street photography reveals China in the 1980s

    British photographer Adrian Bradshaw arrived in Beijing in 1984, going on to spend three decades documenting China’s changing culture.

  72. Bruce of Newcastle

    Btw Trump is still tracking at a better approval rate that BO.

    RASMUSSEN: 47% APPROVAL FOR TRUMP… (Drudge’s headline today)

    The report has a graph of Trump vs Baz. It is astounding given the hysterical feces-throwing insanity of the MSM that Trump’s numbers have held up like this. Making the MSM wear the fake news label is working. He’s actually educating an entire country via Twitter.

  73. JC

    Btw Trump is still tracking at a better approval rate that BO.

    RASMUSSEN: 47% APPROVAL FOR TRUMP… (Drudge’s headline today)

    Great. Let’s see it hold up if the US economy takes a big dive.

  74. Bruce of Newcastle

    Are you reading some science fiction novel, Bruce?

    No.

    Donald J. Trump @realDonaldTrump
    “He who defends everywhere, defends nowhere.” – Sun Tzu
    1:08 PM – 14 Nov 2013

    I thought you knew this JC.

  75. Bruce of Newcastle

    Oops, meant to link the original tweet. Here it is.

  76. Cassie of Sydney

    “China has nothing on the Western Left’s malthusian totalitarianism.”

    Agree.

  77. mh

    Liberty Quote
    Bend over libertarians, open your theory books and get ready to scream “this wasn’t meant to happen” or “you’re doing it wrong” or “if you look at page 59, you can’t actually be doing this” as the communist fist is shoved up hard.

    — Struth

  78. max

    JC, Chinese debt will be their undoing.

    the total amount of money owed by the government and all state organizations and government branches of China. As of October 2018, it stands at approximately CN¥ 36 trillion (US$ 5.2 trillion)

    Standard & Poor’s Global Ratings has stated Chinese local governments may have an additional CN¥40 trillion ($5.8 trillion) in off-balance sheet debt

    It’s a corrupt shithole. If they can get money out they do so even if it means losing 70% of its value. That tells you all you need to know about their financial future.
    Not forgetting the need to kill millions of pigs because of swine fever.

  79. cohenite

    This NSW abortion bill is all about gender selection. What a mess. Gladys is not only ugly on the outside but is revealing a grotesque inner ugliness as well.

  80. Bruce of Newcastle

    Bruce

    It’s not rubbish. It is correct.

    China’s currency did NOT devalue when Trumop announced the new tariffs. The currency fell to the bottom of the band because there were more sellers than buyers.

    Um…
    China Fixes Yuan Weaker Than 7 For First Time In Over 11 Years (7 Aug)
    I am sure, JC, that you understand what ‘fixes’ means.

  81. Roger

    Great. Let’s see it hold up if the US economy takes a big dive.

    Otoh, in such circumstances, would US voters turn away from Trump to Democrat candidates who, to a woman, put up their hands for free health care for illegals in the debates?

    The electoral landscape would change significantly.

  82. Roger

    This NSW abortion bill is all about gender selection. What a mess. Gladys is not only ugly on the outside but is revealing a grotesque inner ugliness as well.

    See the new Speccie cover. Brilliant.

  83. twostix

    The NSW abortion bill, aside from being part of a syncronised global bugman effort, is about NSW urban Liberal Party Bugmen telling the conservative Liberal base who’s going to be boss in NSW for the next four years.

    This isn’t your party anymore, is what they’re saying.

  84. Cassie of Sydney

    “Cohenite
    #3126674, posted on August 8, 2019 at 6:55 pm
    This NSW abortion bill is all about gender selection. What a mess. Gladys is not only ugly on the outside but is revealing a grotesque inner ugliness as well.”

    Latham is right…..Gladys sold her soul to Greenwich prior to the March election…in order to shore up a deal…great….she would have been better off making a deal with Satan himself….who has more morals than Greenwich.

    I just despair.

    On a positive note, I am going to CPAC tomorrow…anyone else going?

  85. Roger

    This isn’t your party anymore, is what they’re saying.

    And they don’t care how many babies are killed in utero to make it so.

    Evil.

  86. This isn’t your party anymore, is what they’re saying.

    Welcome to the Socialist Progressive Uniparty – S.P.U. (pronounced spew).

  87. cohenite

    Bendigostan back in the news:

    Waving the Australia flag is normally considered patriotic and a way of celebrating our nation. But now this act can be considered hate speech, this is according to a new not-for-profit organisation called ‘Don’t Hate Mate‘.

    This organisation is based in Central Victoria, centered in Bendigo and made up of residents who are ‘concerned about the impact of hate speech in our community’. More specifically it is aimed at sidelining opposition to the construction of the Bendigo Islamic Mosque which broke ground two weeks ago, five years after the plans were announced.

    Premier Daniel Andrews contributed $400,000 of Victorian taxpayers’ money to the construction of the Mosque which will cater for the roughly 300 Muslims who live in Bendigo. Victoria Police have been patrolling the construction site to guard against “hate crimes”…

  88. cohenite

    Fuck, forgot the forbidden word:

    Bendigostan back in the news:

    Waving the Australia flag is normally considered patriotic and a way of celebrating our nation. But now this act can be considered hate speech, this is according to a new not-for-profit organisation called ‘Don’t Hate Mate‘.

    This organisation is based in Central Victoria, centered in Bendigo and made up of residents who are ‘concerned about the impact of hate speech in our community’. More specifically it is aimed at sidelining opposition to the construction of the Bendigo RoP M.sque which broke ground two weeks ago, five years after the plans were announced.

    Premier Daniel Andrews contributed $400,000 of Victorian taxpayers’ money to the construction of the Mosque which will cater for the roughly 300 RoP who live in Bendigo. Victoria Police have been patrolling the construction site to guard against “hate crimes”…

  89. Robber Baron

    Channel Nein News weather report. Lavinia said that the arctic cold windy snap is an annual event. Lol. So during winter it tends to get bitterly cold and windy.

    Gaia commos just never give up.

  90. Bruce of Newcastle

    I haven’t voted for the Libs in NSW for a couple elections now due to their mad energy and mining policies. John Barilaro has been walking those back, which has given me some hope that I can stop informalizing my ballot.

    But with this obscenity Gladys is making me quite sure that I won’t be voting for them in any future election while God gives me life and breath.

  91. Tel

    https://news.gallup.com/poll/203198/presidential-approval-ratings-donald-trump.aspx

    Gallup shows overall DT approval among Republicans has gone up from low 80’s / high 70’s in mid 2017 up to high 80’s and low 90’s so far in 2019. Not very scientific but that could be a 10 point improvement … and what that means is more voter turnout on the Republican side. Remember that 2016 was a low turnout election.

    The Democrats support has gone down, but they were never going to vote for him … makes no difference.

    Then there’s the supposedly independents, and interestingly they have only a low Trump support … but it has been increasing back approximately the levels they were at back in early 2017. Conclusion: the independents were genuinely worried about the Mueller Report … but now they understand it’s a load of junk so they are swinging back towards Trump again.

    Trump will have to do something off the wall to lose this one.

  92. twostix

    The last time we had a recession we were much more socially cohesive than now.

    It could get very ugly.

    All the millions of mercenary “permanent residents” had better have enough money in the bank for a plane ticket and international moving costs back home.

    Life comes fast in a democracy when the locals need jobs and there aren’t enough to go around.

  93. has given me some hope that I can stop informalizing my ballot.

    Don’t you have optional preferential voting in NSW state elections, Bruce?

  94. feelthebern

    All the millions of mercenary “permanent residents” had better have enough money in the bank for a plane ticket and international moving costs back home.

    What an odd thing to say.

  95. Bruce of Newcastle

    during winter it tends to get bitterly cold and windy

    Winter is weather. Summer is global warming.

    Lots of weather around in the NH lately that the MSM isn’t reporting.

    Cold records shattered in Moscow – ‘Dangerous for gardeners’ (6 Aug)
    Moscow – Coldest July 31 in history (6 Aug)
    Temps far, far below normal across almost the entire territory of European Russia (4 Aug)

  96. notafan

    We are having a warmer winter, apparently.

    as the BOM was saying

  97. feelthebern

    I’m watching Niagara from 1953.
    Munroe wakes up, has ruby red lipstick on.
    Munroe gets out of the shower, has ruby red lipstick on.
    The whole thing is a big tourist ad.

  98. Bruce of Newcastle

    Don’t you have optional preferential voting in NSW state elections, Bruce?

    Peter – All the MLA candidates favoured bans of CSG so I coloured all the boxes in. I voted below the line in the MLC for ALA and SFF and others with brains not kept in their adult diapers.

  99. feelthebern

    Niagara wouldn’t be made today.
    The husband of the other bird is not very woke.

  100. All the MLA candidates favoured bans of CSG so I coloured all the boxes in.

    Wise move then.

  101. John Constantine

    Vikpol providing free construction site security for premier andrews vanity project to subsidise an expansion team for his Great Game into Bendigo.

    The fundemental transformation of vikpol into the paramilitary arm of our eternal Tyranny continues, retirement of old viCpol, recruitment of new viKpol.

  102. feelthebern

    In one scene the copper talks directly to Marilyn Monroe’s tits.

  103. Bruce of Newcastle

    Vikpol providing free construction site security for premier andrews vanity project to subsidise an expansion team for his Great Game into Bendigo.

    Translated to strine I guess that means Dan the Man is going to have Vicplod lurk around the new mosque without sending them bills like he did to Milo?

  104. Gab

    In one scene the copper talks directly to Marilyn Monroe’s tits.

    Well when one advertises their wares, it would be impolite not to look at the wares on offer.

  105. Roger

    Premier Daniel Andrews contributed $400,000 of Victorian taxpayers’ money to the construction of the Mosque which will cater for the roughly 300 RoP who live in Bendigo.

    A little over $1000.00 of tax payers’ money per vote, then.

    Do you lot not have an Opposition down there? (No need to answer.)

  106. feelthebern

    In the early 90’s didn’t Keating’s government contribute to the St Mary’s restoration?

  107. calli

    Were they worth talking to?

    They say they had a magnificent IQ.

  108. feelthebern

    Munroe in a hospital bed for a few days, ruby red lipstick.
    They aren’t even trying.

  109. feelthebern

    I think Keating announced a 3mill contribution from memory.

  110. C.L.

    St Mary’s is the mother church of Australian Catholicism.
    The Bendigo mosque is a meeting shed for Lebanese hillbillies.

  111. notafan

    Various state and federal governments have contributed to restoration costs of heritage buildings.

    I don’t know that that is the same as singling out one ‘controversial’ religion to fund new builds where the local community has expressed some concerns.

    More like contempt for traditional Australia.

    heritage building

  112. notafan

    Mosques are great places to store weapons, trade drugs and other contraband and plan terror attacks too.

  113. feelthebern

    In this day & age, the tax payers have better things to have their money wasted on.

  114. dover_beach

    “Over the years, St. Peter the Apostle has become the parish of the gay community in Montreal.”

    Just last month, St. Peter the Apostle celebrated the funeral Mass for same-sex “marriage” advocate Laurent Mccutcheon. Mccutcheon committed himself to the advancement of public acceptance of homosexuality after the 1969 Stonewall riot, and was a major proponent behind Quebec’s 2005 recognition of same-sex “marriage.” In celebration of Mccutcheon’s promotion of homosexuality, St. Peter the Apostle was decorated with rainbow-colored streamers.

    The determination as to whether the parish has indeed been desecrated by the homoerotic performance is entirely up to the local ordinary, Archbishop Christian Lépine.

    The real villain here is the Archbishop who appears to run the parish as a cathedral for politicized homosexuality.

  115. feelthebern

    I might have to put Niagara on the to do list.
    This movie makes it look like a great place.
    Unlike whichever Superman movie had Niagara in it. Looked as dreary AF in that.

  116. notafan

    Preserving heritage buildings accessible to all is a better use of taxpayers money than say, millions in grants to luvvie artistes.

    millions to spend

  117. dover_beach

    St Mary’s is stunning. They built beautiful buildings once upon a time.

  118. JC

    Bruce

    The Yuan trades in a band and ” the Fix” is that the top or the bottom of the band. In other words the Chinese Central bank enters the market either at the top or the bottom. When the latest tariffs were announced the Yuan (as expected) made its way to the bottom. How is this currency manipulation as stated by American law – leaving aside the absurdity of the claim in economic terms?

  119. Roger

    In the early 90’s didn’t Keating’s government contribute to the St Mary’s restoration?

    The merits of which are debatable, but government funding for the restoration of a historical structure that is a part of the historical and cultural heritage of the nation is clearly a question of a different order from the funding of a new structure for the exclusive use of a particular religious group when such a boon is not offered to other religious groups (and nor should it be).

  120. feelthebern

    The high pantness is this movie is obscene.
    Seriously, in the 1950’s men wore their pants pulled up to belly button height.

  121. feelthebern

    St Mary’s is stunning.

    Because the second one’s a copy.
    St Mary’s – the first one – wasn’t much chop.

  122. Mater

    St Mary’s is stunning. They built beautiful buildings once upon a time.

    Ironically, Sacred Heart Cathedral in Bendigo is also stunning. One of the largest in Australia.
    Well worth a tour.

  123. Cassie of Sydney

    “feelthebern
    #3126704, posted on August 8, 2019 at 7:39 pm
    In the early 90’s didn’t Keating’s government contribute to the St Mary’s restoration?”

    Yes…pretty sure it did…but St Mary’s Cathedral is a site of considerable heritage value…you don’t have to be a Catholic to appreciate that and also St Mary’s attracts a hell of a lot of tourists….I frequently walk past and there are always busloads of tourists visiting the cathedral. As to the Bendigo mosque…the only people who’ll be travelling to see and visit the Bendigo Mosque are Saudi financed imams….and we know what will be coming out of their mouths.

  124. feelthebern

    If Victoria was a functioning democracy, Dan Andrews wouldn’t dare waste money like that.
    But it isn’t.

  125. egg_

    My teeth were made in Germany

    Watch that they don’t rise up and overthrow your Bulge.

  126. Bruce of Newcastle

    How is this currency manipulation as stated by American law – leaving aside the absurdity of the claim in economic terms?

    Yuan/USD chart looks like a staircase. How odd.

  127. egg_

    ‘Meat tax’ on the table to protect the climate

    Cripes – are they charging by the inch?

  128. feelthebern

    Niagara has a good climax.
    No spoilers.
    Munroe aside, it was a good flick.

  129. JC

    Yuan/USD chart looks like a staircase. How odd.

    Oh yea, there’s been a trend. Trends are so odd. Never happens.

  130. egg_

    “China has nothing on the Western Left’s malthusian totalitarianism.”

    Liberty quote, right there!

  131. feelthebern

    Yuan/USD chart looks like a staircase. How odd.

    Compare any currency to the USD since late 2016. How odd.

  132. Old Lefty

    From ‘our’ ABC on the Dawson case. The most outrageous conspiracy to pervert the course of justice in Australian history, with the ABC playing a crucial role, didn’t stop them from trying Pell in Yarragrad, did it?

    https://www.abc.net.au/news/2019-08-08/teachers-pet-podcast-could-prejudice-chris-dawson-trial/11395462?pfmredir=sm

  133. egg_

    Bend over libertarians, open your theory books and get ready to scream “this wasn’t meant to happen” or “you’re doing it wrong” or “if you look at page 59, you can’t actually be doing this” as the communist fist is shoved up hard.

    How can you tell a Libertarian?
    Their busted @rse walk.

  134. dopey

    It all comes down to widgets then.

  135. Old Lefty

    I should, of course, have said ‘framing Pell’s.

  136. zyconoclast

    The real villain here is the Archbishop who appears to run the parish as a cathedral for politicized homosexuality.

    So can’t the pope “un-bishop” him?

  137. feelthebern

    If the Boncos had a decent number 7 to manage this awesome team, they would be a premiership threat.
    Because they have a third stringer, they just aint.

  138. JC

    Bruce

    The RNB fell 2.5% in a few days.

    The Australian Dollar has fallen 5.65% since 18 July. This means Australia is a bigger currency manipulator, right?

  139. feelthebern

    So can’t the pope “un-bishop” him?

    Why?
    This pope loves the gayness.
    He also is in love with communists.

  140. Bruce of Newcastle

    My back fence neighbour has acquired a projector and they’ve turned their house into a drive in, playing 90’s vids. In a nice way it’s distracting! Last track was Dire Straits, I can’t work out who this one is. Def Leppard? Hardy souls to be outside in Gaia’s own climate crisis (also known as winter).

  141. feelthebern

    JC, I posted earlier that there is some chatter that the RBA has already started a small QE program but hasn’t hasn’t announced it for fear of criticism.

  142. Bruce of Newcastle

    Guns n’ Roses now. I really do like living in Boganville.

  143. feelthebern

    The implied Aussie cash rate is .5 for July 2020.
    I can’t see the RBA dropping rates that low as the banks won’t pass much on.
    It’s a huge bet for the market drive rates this low.
    I reckon some RBA intervention is a decent explanation.

  144. Bruce of Newcastle

    The Australian Dollar has fallen 5.65% since 18 July. This means Australia is a bigger currency manipulator, right?

    Fe2O3 and C. JC, sometimes you can be so thick.

  145. feelthebern

    G’n’R at Eastern Creek in ’93.
    Boom.

  146. Bruce of Newcastle

    Stairway to Heaven now. Pretty easy to pick. They’re projecting YouTube vids onto the side of their house at least 3m tall, with really good definition. I’m about 30m away. I can’t hear the music well because the wind is blowing from my side in their direction. So its like a quiz show where you have to ID the track from the footage.

  147. roger

    The ABC’s hypocrisy:
    Suddenly, publicity (in The Australian) is wrong, as it can prejudice the jury in the Dawson murder, eh, ABC? Why did your Louise Milligan bitch madly publicise books and TV shows about Pell’s “fall” and “guilt” while his case was before the court?
    Also, we are told by the ABC that it is wrong to second-guess jury verdicts, such as in the Pell’s trial. Didn’t stop these morons producing their own stupid TV series questioning whether the jury got it right in the Kelli Lane trial.
    ABC: the joke’s on us.

  148. Cassie of Sydney

    “Didn’t stop these morons producing their own stupid TV series questioning whether the jury got it right in the Kelli Lane trial.”

    The ABC series on Kelli Lane was actually shrilling for her innocence. …trying to paint her as a victim….it was ludicrous and creepy.

  149. JC

    Bern

    I haven’t heard of it. Doesn’t mean it’s not occurring. It could be they are running a pilot program to figure how it’s done if in case QE is needed.

  150. Ellie

    I own a burqa. Wore it to a fancy dress party once. Thinking of turning up in it a CPAC on Saturday in thigh length 4 inch heeled boots.

  151. C.L.

    The real villain here is the Archbishop who appears to run the parish as a cathedral for politicized homosexuality.

    Their brazen defiance in today’s circumstances (with the result of their depredations as obvious as the rat-infested garbage piles of Baltimore) is astounding. Fr Z has the video of that homosexual ‘liturgical dance’ celebrating the male orgasm. He calls on the bishop to ritually purify Saint Peter Apostle church.

  152. roger

    The ABC series on Kelli Lane was actually shrilling for her innocence. …trying to paint her as a victim….it was ludicrous and creepy.

    If their budget was on par with their journalism they should have been paying us.

  153. cohenite

    Alan Moran on the latest genuflection to our black betters by our government swine:

    The Victorian government has outsourced reviews of public land use to the Victorian Environmental Assessment Council (VEAC) to which it has appointed people with strong conservation convictions. VEAC is progressively conducting examinations with a view to reducing the extent of permitted activities that they consider intrude upon conservation. The latest targeted area is the 400,000 hectares comprising the Central West.

    VEAC’s modus operendi is to have the government set it terms of reference for a report to address all the values of the area: natural, cultural, social and economic, and call for submissions from interested parties on how usages should be modified.

    An important step in this is to identify some “traditional owners”, vest them with authority to offer advice and duchess them around the area, inviting them to rediscover their historic attachment to the land.

    And what is to stop them from continuing to do this: an election; lol.

  154. Gab

    He calls on the bishop to ritually purify Saint Peter Apostle church.

    Yes and all the clergy associated with that Church need some serious exorcism, in the Latin rite. I’m not joking.

  155. Gab

    And in other news, apparently today is International Cats Day. Imagine, a whole day in honour of us Cats 🙂

  156. Geriatric Mayfly

    Oprah on Mass Shootings: We’ll Be Lost Until America Finds the ‘Moral Center’ Churches Used to Provide

    Was under the impression this one carried a bit of baggage; but here she seems to be talking eminent sense.

  157. egg_

    7 Weather Break during Clunes’ Caribbean travelogue “… and the Big Dry continues!”
    WTF?
    Is he talking about his Depends?

  158. Geriatric Mayfly

    An important step in this is to identify some “traditional owners”, vest them with authority to offer advice and duchess them around the area, inviting them to rediscover their historic attachment to the land.

    All State sponsored along the lines of an Easter Egg hunt.

  159. Frank Walker from National Tiles

    Bruce of Newcastle
    #3126650, posted on August 8, 2019 at 6:32 pm

    Tariffs are a tax on consumers.

    Rubbish JC.

    No, don’t be full of shit because you like Trump.

    You’re better than this.

  160. Geriatric Mayfly

    The Vortex is now dumping half the Southern Ocean over the Plains of Sodom. What was that about cubits the other day. May have to build myself a boat,

  161. Frank Walker from National Tiles

    Permanent residents are now “mercenaries”

    Truly glue-sniffing stuff.

  162. C.L.

    The ABC loves Kelli Lane because she was an unapologetic slut who refused to let pregnancy get in the way of her independent life. She had two abortion and had four babies to four men – two of which she gave up for adoption. The third – baby Tegan – has never been found. Lane told police she gave the baby to some dude who visited her in hospital or something. Of the fourth:

    By then Lane had a fourth child and was set to marry the father. She had said nothing to him of Tegan until the month before their wedding.

    Police tapped their phone and bugged their house while she tried to explain her ”stupid choices” and referred to Tegan as ”the problem”.

    ”I couldn’t really care about the details because I just wanted the problem to go away,” she said.

    Lane and her husband have since split.

    Her prior behaviour:

    Her sexual liaisons, two abortions and the three pregnancies and births she concealed from everyone in her life were publicly raked over.

    Two of her erstwhile lovers learnt through DNA testing that they had fathered children with her, a decade after she gave the babies up for adoption.

    A former boyfriend, Duncan Gillies, never suspected she carried two babies to term during their four-year romance.

    Prosecutors said that Lane, a water polo player with Olympic ambitions, wanted to preserve her ”golden girl” image and life as she knew it, and that in the 1990s raising children did not feature in her plans.

    A persistent theme of the lies she told hospital and adoption workers was that her parents disapproved when, in reality, they were oblivious to her pregnancies. Her mother and father, a retired policeman, Robert Lane, supported her in court.

    Writing in October 1999 to the worker handling the adoption of her third child, Lane said her parents had disowned her. “People dropped off me when they realised that I was going to relinquish the babies,” she said.

    “Society says that this is wrong; society says that people who do this must be mad, slutty or cruel. I just don’t agree.”

    Now ponder the intelligence – or lack of it – of this nation’s judges and psychiatric ‘experts’:

    Yesterday Justice Whealy expressed ”great sympathy” for Lane …

    The previous month [Lane] had been examined by a psychiatrist, Debra Montgomery.

    While Lane seemed “at a loss herself to fully explain her erratic behaviour”, Dr Montgomery found no sign of psychiatric disturbance and “no past history of psychiatric illness”.

    Apart from the habit of rooting strangers and dumping their babies … Dr Montgomery couldn’t find anything unusual.
    ——————
    Report.

  163. egg_

    today is International Cats Day

  164. Frank Walker from National Tiles

    Twostix
    #3126551, posted on August 8, 2019 at 4:51 pm

    About 7,000 Chinese came to Australia during the gold rush, and they weren’t bloody commies

    Lol, yes dot.

    I corrected myself (40,000) after some very lazy Grigoryesque “research”

    How many Chinese did you say there were in Australia at the time? One million?

    After the last great mining boom we had a problem with a million chinamen hanging around getting restless too.

    It was easily sorted, we just had to create a country and ban them.

    No worries.

    Save your mockery for your own paranoia.

    Anyone who thinks the White Australia Policy was a great idea is brain dead and should probably never vote again, and be income managed by an adult.

  165. C.L.

    And in other news, apparently today is International Cats Day.

    Not cats, but our other domestic pals …
    This was in my YouTube sidebar last night and led me into 20 minutes of this woman’s various videos. Sheesh. They are cute, though, and the breeding background of these ancient tundra hounds is quite interesting:

  166. Candy

    That Lane woman would have to be a psychopath and a danger . Only her parents would know the scope of her activities and probably lied and protected her.

  167. Gab

    I love Samoyeds but don’t like seeing them in the heat of the Australian summer. Seems a bit cruel. Those dogs are built for colder climes.

  168. JC

    Bruce of Newcastle
    #3126746, posted on August 8, 2019 at 8:31 pm

    The Australian Dollar has fallen 5.65% since 18 July. This means Australia is a bigger currency manipulator, right?

    Fe2O3 and C. JC, sometimes you can be so thick.

    What does Fe2O3 and C. mean?

    Don’t go by my standard of currency manipulation, Bruce. Go with the Trump Administration’s, when Trump accused the EU of currency manipulation because the Euro fell against the dollar one time recently.

  169. dover_beach

    The ABC loves Kelli Lane because she was an unapologetic slut who refused to let pregnancy get in the way of her independent life. She had two abortion and had four babies to four men – two of which she gave up for adoption. The third – baby Tegan – has never been found. Lane told police she gave the baby to some dude who visited her in hospital or something. Of the fourth:…

    You will find no better encapsulation of the rationalization for the NSW abortion bill then the above and of the Left’s unwavering defence of Lane, a disciple of Moloch.

  170. C.L.

    People have Samoyeds is Australia?
    That seems stupid.

    Huskies seem to be more and more popular. I’m not sure they belong here either. Lovely dogs, though.

  171. Bruce of Newcastle

    Dot – Do please pay attention.

    Trump put up tariffs on Chinese gadgets at the same time as he lowered corporate taxes. The Chinese then lowered the yuan to keep their factories from going bottom up. Net result to US taxpayers: zero. At the same time the Chinese are paying those tariffs into the IRS as the cost of staying in business. US employment is up as local corporations read the bleedingly obvious tea leaves and bring capacity home. Where with tax reductions and deregulation is becoming more competitive.

    Multiple variables can be used to cross cancel so that the strategy aim is achieved at low cost.

    The biggest issue at the moment is the farm sector which has been hit by a terrible weather event just as China is using mercantilism to cut US farmers out of their market. Corn is up and soy down. The consumers who are suffering are Chinese, not American, since the poor Chinese are having to buy food in a market where 100 million pigs have just died horribly and their Dear Leader refuses to buy cheap American baked beans. The HK riots must be scaring the pants off the Central Committee since that is just a tiny window into the undercurrents of dissatisfaction in the mainland.

  172. Mater

    Permanent residents are now “mercenaries”

    Certainly not all, but it’s a point worth thinking about.
    They leave their homeland for a better life. Understandable. What happens if that better life evaporates and Australia is no longer such a country of bread and honey? How deep is their loyalty and what’s to stop them upping stakes again? I know plenty who have said they would and others who have quietly kept their options open.
    Ask yourself, how many of the new arrivals barrack for Australia, over their former homeland, in sport? How many sacrifice personal gain to join the military in preference to making big money in the civilian world?
    How many joined ISIS?
    It’s an uncomfortable topic, but not one which should be completely ignored and not one you can write off so flippantly.

  173. JC

    People have Samoyeds is Australia?
    That seems stupid.

    My sister in law has one. It’s a stupid dog, which leaves a mountain of hair everywhere and it slobs freaking dog saliva everywhere too. I despise that freaking dog.

  174. C.L.

    Apparently their double coats need to be groomed properly from a young age, JC. Takes quite a bit of work, supposedly.*

    Samoyeds, I mean. Not sisters-in-law.

    ———-
    * YouTube University graduate speaking.

  175. Bruce of Newcastle

    What does Fe2O3 and C. mean?

    JC, I thought you were bright and well read. Sheesh. Iron ore and coal. Our currency is driven by China because of so much iron ore and coal going there. That is why our dollar has held up so long despite Krazy Kanberra and their stupidly uncompetitive policies. Conversely when China gets the sniffles we get ebola. Hence the recent AUD drop. Capeesh?

  176. Frank Walker from National Tiles

    Infidel Tiger
    #3126575, posted on August 8, 2019 at 5:10 pm

    Reminder:

    Dot supported the Free Syrian Army and believes there are only 300 Isl amic terrorists on earth.

    Dude must own several bridges.

    Not true, try to remind yourself you were once intelligent and honest before you tried the Grampa Simpson schtick you enjoy now.

    1. The point was that the WEST had only been attacked by 300 terrorists (up until the Islamic State’s emergence) since Islamic terrorism started in the mid to late 20th century. If you don’t like my estimate, come up with your own. (I don’t include shitty Iraqi tribes stealing land off each other to be a threat to anyone living in Australia).

    I’m not going to throw every Muslim under a bus because of that, nor am I going to nod my head in agreement with paranoid nonsense such as there are hundreds of millions of Islamic terrorists or we’re going to be wearing burqas in a few decades.

    This is important because most people take politics at an emotional level. They may not think metadata laws and so on are neither good or bad in principle.

    2. You conveniently and repeatedly have forgotten “only support the non-Islamist parts thereof” and the fact that I said the good ones moved to different organisations like the SDF. All along whilst you insisted “the FSA doesn’t even exist!”.

    The rebels might have vile elements, but I’m not going engage in this twee bullshit like cheering on Assad. Jokes about helicopter rides are funny but after a while…they tend to be said too often. Nor am I going to say rejecting the rebels automatically means that Tulsi loves Assad. I think people can chew gum and walk at the same time.

  177. dover_beach

    Rationale, not rationalization.

  178. Frank Walker from National Tiles

    Bruce

    Trump’s tariff stuff has been pretty close to neutral thus far.

    Forget about the taxes. The corporate tax cuts were very, very good but they’re paying with debt.

    It is undeniable that tariffs hurt consumers.

    Just as it is undeniable that taxes on income adversely affect capital formation.

    …and it is undeniable that public debt is not a free ride.

  179. Infidel Tiger

    Folks let us all remember that the same libertarians who are against tariffs were also telling us what a beautiful market based mechanism a carbon tax was.

    So they won’t protect your industry against a corrupt prison state, but they are happy to tax plant food to make no difference to anything except making us poorer.

  180. Frank Walker from National Tiles

    It’s an uncomfortable topic, but not one which should be completely ignored and not one you can write off so flippantly.

    Sure, but it is a separate topic.

  181. egg_

    International Cat Day is a celebration which takes place on 8 August, every year.

  182. Top Ender

    “Tony’s Media, how may I help you?”

    “Tone?”

    “Hey, it’s Kevni! How you going Kevni?”

    “Damn it, I’ve told you! It’s Prime Minister Rudd! Don’t I pay you enough?”

    “Sorry Kev-. PM Rudd, how can I help?”

    “How much to get this into the papers? “Mr Rudd, whose views on China are keenly sought by top US politicians and policy experts…”

    “Geez mate, sorry PM. No can do. It cost me $20k last time, and then there’s the matter of my fee…”

    “$40k then?”

    “Done! Tomorrow morning or my name’s not Tone the Bone!”

  183. Frank Walker from National Tiles

    Folks let us all remember that the same libertarians who are against tariffs were also telling us what a beautiful market based mechanism a carbon tax was.

    I never ever said that. Not did most libertarians.

    You’re also getting confused Grampa. Some people were pushing how great an ETS was, despite the European one failing. Also, remember too that Frontier Economics modelled Gillard’s carbon tax/ETS and if applied globally to 100% ameliorate carbon emissions, it would have brought us down to ZERO global GDP. It was that freakin’ bad.

    If you want to reduce carbon emissions, go nuclear.

    Even if AGW was real and had some poor outcomes, it still isn’t worth mitigating.

  184. Frank

    Well when one advertises their wares, it would be impolite not to look at the wares on offer.

    “Show me your goods” might not go down too well in the modern climate, no matter how winsomely they are displayed.

  185. JC

    Bruce

    Stop speaking in riddles and acting high and mighty when people don’t understand your attempts at being cryptic. You’re not the Times Cross world.

    Also, stop trying to sound rational all of a sudden. It doesn’t matter why our currency fell. Use Trump’s definition of currency manipulation which I detailed above.

    Trump put up tariffs on Chinese gadgets at the same time as he lowered corporate taxes. The Chinese then lowered the yuan to keep their factories from going bottom up. Net result to US taxpayers: zero. At the same time the Chinese are paying those tariffs into the IRS as the cost of staying in business. US employment is up as local corporations read the bleedingly obvious tea leaves and bring capacity home. Where with tax reductions and deregulation is becoming more competitive.

    Multiple variables can be used to cross cancel so that the strategy aim is achieved at low cost.

    The biggest issue at the moment is the farm sector which has been hit by a terrible weather event just as China is using mercantilism to cut US farmers out of their market. Corn is up and soy down. The consumers who are suffering are Chinese, not American, since the poor Chinese are having to buy food in a market where 100 million pigs have just died horribly and their Dear Leader refuses to buy cheap American baked beans. The HK riots must be scaring the pants off the Central Committee since that is just a tiny window into the undercurrents of dissatisfaction in the mainland.

    This sounds like you made it all up.. right from the moment you argued that the Chinese manipulated their currency down… which you don’t know.

  186. cohenite

    I’m not going to throw every RoP under a bus because of that, nor am I going to nod my head in agreement with paranoid nonsense such as there are hundreds of millions of RoP terrorists or we’re going to be wearing burqas in a few decades.

    You’re talking shit dot; and head prefect vomits this shit too. We’ve been over it before: the stats are in: 15% of RoP, world wide, are active in jihadism, doing it, supporting it, planning it. That’s about 300 million.

    Another 70% are passive supporters of sharia and implementation, by whatever means of RoP values and who have a negative view of Western values; that’s over a billion.

    The other 15% are RoP in name only.

    https://www.theaustralian.com.au/commentary/opinion/deradicalisation-of-militant-muslims-not-a-viable-option/news-story/2d4d2d31df9dcbdeef8bc43f1f8d611b

  187. JC

    cohenite
    #3126811, posted on August 8, 2019 at 9:45 pm

    Indisputable evidence the mass shootings in the US were done by left wing, alarmist loons. Yet the right are saying nothing.

    Act left think right™

    95% of these mass murders are being committed by white males – usually young Why? Why are white males going postal? That’s what should really be asked.

  188. feelthebern

    Huskies seem to be more and more popular. I’m not sure they belong here either. Lovely dogs, though.

    Per head of registered dogs, huskies are responsible for more attacks than any other breed.
    But considering there are so few compared to staffies & pitbulls it is not well known.

  189. Knuckle Dragger

    ‘That Lane woman would have to be a psychopath and a danger’

    In other news, rumours have surfaced claiming Mike Tyson could go a bit.

  190. feelthebern

    Most dog attacks aren’t dogs killing kids or people.
    Most attacks are dogs biting people in the street or park.

  191. feelthebern

    QE in Oz would be very different to QE in the US or Europe.

  192. JC

    Huskies are basically wolves.

  193. JC

    QE in Oz would be very different to QE in the US or Europe.

    Why?

  194. feelthebern

    No bad dogs.
    Only bad owners.
    If you get a husky you need to train it to the point the thing is a robot.

  195. Knuckle Dragger

    Shout out to Sinc’s new banner.

    Clearly a John Constantine fan.

  196. cohenite

    FFS:

    I’m not going to throw every RoP under a bus because of that, nor am I going to nod my head in agreement with paranoid nonsense such as there are hundreds of millions of RoP terrorists or we’re going to be wearing burqas in a few decades.

    You’re talking shit dot; and head prefect vomits this shit too. We’ve been over it before: the stats are in: 15% of RoP, world wide, are active in jihadism, doing it, supporting it, planning it. That’s about 300 million.

    Another 70% are passive supporters of sharia and implementation, by whatever means of RoP values and who have a negative view of Western values; that’s over a billion.

    The other 15% are RoP in name only.

    https://tinyurl.com/yyzvvz4z

  197. Frank Walker from National Tiles

    Can someone explain to me why a currency peg is morally wrong and quantitative easing is not?

  198. Bruce of Newcastle

    Trump’s tariff stuff has been pretty close to neutral thus far.

    Great. We have liftoff!

    The corporate tax cuts were very, very good but they’re paying with debt.

    Offset by (a) increased economic activity, (b) the tariffs which are paying into the IRS and ( c) that the Congress passed the Democrat budget bill with veto-proof bipartisan support. Trump is going to do what exactly about that huh? He may as well spend it on something useful like rebuilding the military because the Dems are going to spend it all anyway on reparations and nude eels.

    It is undeniable that tariffs hurt consumers.

    No. Higher prices hurts consumers. Prices aren’t rising or the Fed wouldn’t be telepathising cuts like a hyped up Yuri Gellar or whoever. As I said – Trump has arranged that between more competitive local corporations freed of Obama’s millstones and Chinese corporations with a lower yuan can keep prices unchanged.

    and it is undeniable that public debt is not a free ride.

    Yeah, well the cost of Dem policies was calculated at $400 trillion by someone last week. Maybe you should raise this issue with them.

    Btw here is the key para from the above link, which is from last week:

    The president said he struck the deal and accepted higher debt and domestic spending in order to get Democrats to agree to higher defense spending. Rebuilding the military from what he called the hollow years of President Obama was a major campaign promise.

    That is what Presidents do to defend their countries, which as we are seeing this week is becoming increasingly important.

  199. feelthebern

    In the US, everything is priced off the long end.
    In Australia, our long end is basically non existent.
    It would be a lot smaller & focused at the short end of the curve.

  200. feelthebern

    Not everything in the US is priced off the long end, but compared to Oz, its vastly different.

  201. Knuckle Dragger

    The existence of huskies in this country is largely pointless.

    If I owned a ladeee and/or infant Eskimo however and needed them kept from wolves and polar bears, I’d be on Gumtree looking for one lickety-split.

  202. JC

    No. Higher prices hurts consumers. Prices aren’t rising or the Fed wouldn’t be telepathising cuts like a hyped up Yuri Gellar or whoever. As I said – Trump has arranged that between more competitive local corporations freed of Obama’s millstones and Chinese corporations with a lower yuan can keep prices unchanged.

    And if prices increases for inputs aren’t being passed on but absorbed by US corps that’s a good thing? Really?

  203. Frank Walker from National Tiles

    It is undeniable that tariffs hurt consumers.

    No. Higher prices hurts consumers.

    No, don’t be smug about this. You’re wrong. Plainly wrong.

    The tariff always increases the price by some degree. You’re engaging in accounting that would make “Sir” Nick Stern proud. “Ah the policy mix results in lower prices, the good things outweigh the bad, therefore the bad thing is good”.

    No.

    Yeah, well the cost of Dem policies was calculated at $400 trillion by someone last week. Maybe you should raise this issue with them.

    That’s nice but Trump is still President.

  204. feelthebern

    Currency pegs for the most part are a function of emerging economies transitioning into the global trade scene & more importantly looking for foreign investment.
    In some cases these currency pegs have outlived their usefulness by about 20 years.

  205. min

    Indonesia is moving capital from Jakarta to Kalimantan in Borneo

  206. Infidel Tiger

    Jakarta is sinking so they are getting out.

  207. MatrixTransform

    It all comes down to widgets then.

    it all comes down to where the margin on widgets flows … not goes

    I said … flows.

    we’re talking flux, not dollars

  208. feelthebern

    Hey-Zeus
    If I hear this story about the Chinese dumping US bonds again….
    FFS, where precisely would they put the money ?

  209. Perth Trader

    Min,…why are the indons doing that?

  210. Bruce of Newcastle

    Stop speaking in riddles and acting high and mighty when people don’t understand your attempts at being cryptic.

    I’m sorry if you think that JC. I am trying to defend my own statements, which I believe are factually correct. The Chinese currency isn’t free floating, it’s managed. PBOC has been managing it down recently for geopolitical reasons, and the US Administration has named China a currency manipulator for doing so. There seems to be just cause for that.

    In trading circles we are seen as a commodity currency. So as the minerals construction boom of the last decade has hit the steady state production phase we are shipping vast amounts of stuff to China, India and other countries. The stuff going to China is denominated in USD. The Chinks pay for it in USD. Our guys BHP and Rio then convert the USD into AUD so they can pay all the guys. That puts upwards pressure on the Oz dollar which has balanced the downward pressure from stupid government policy like energy.

    As a result when China starts playing games like holding Australian coal and iron ore carriers off their ports (because of the Huawei policy decision) and increasing their local coal mine approvals by a factor of five from last year, you get downward pressure on the Oz dollar.

    This is standard international trade stuff. I shouldn’t have to be mansplaining it.

  211. JC

    There’s actually a decent argument Sumner makes that Tariffs bring forward a deflationary tendency. And it does when you think about it. He argues that the US has lost exports the higher input prices caused by the tariffs has slowed down activity and that the Fed thinking in interest rate level terms hasn’t dealt with increase in the real interest rate effectively.

    So Bruce, while you’re thinking about consumer prices not showing an increase, the fact that the CPI is well below target and possibly sinking further is the sign of the problems brought on by trade friction. One thing is certain, Smoot Hawley was deflationary, not the other way around.

  212. max

    You’d almost think there were no tariffs before Trump.

    The Chinese, the Europeans, Australia’s luxury car tax …. yet everyone screams about Trump.

    Germany gets the US to pay the defense bill …. another Euro tariff.

    Ticket clipping hypocrisy everywhere.

  213. Knuckle Dragger

    Man, soshul meeja’s good for a laugh. Football rumours, allegedly both from impeccable sources:

    1. Up to 10 Collingwood players to be suspended for all of the 2020 season for participation in an organised betting ring. No finals either – the team finishing 9th gets a guernsey.

    2. Alistair Clarkson, Hawthorn coach is leaving the club because he rocked up to the home of two of his players unannounced and found half full wine glasses and cocaine residue on the table.

    What absolute shit.

  214. Bruce in WA

    Gotta love WA …

    NEWMAN, WESTERN AUSTRALIA

    [Diary of a Pommy who cracked a job in WA]

    August 31

    Just got transferred with work from grey old London to our new home in Newman, Western Australia.

    Now this is a town that knows how to live!

    Beautiful, sunny days and warm, balmy evenings.

    I watched the sunset from a deckchair by the pool yesterday. It was

    beautiful. I’ve finally found my new home. I love it here.

    ——————————————————————————–

    September 13

    Really heating up now. It got to 31 today. No problem though. Living in air-conditioned home, driving air-conditioned car.  What a pleasure to see the sun every day like this.

    I’m turning into a sun-worshipper.

    ——————————————————————————–

    September 30th

    Had the back yard landscaped with tropical plants today. Lots of palms and rocks. No more mowing lawns for me.  Another scorcher today, but I love it here.

    ——————————————————————————–

    October 10th

    The temperature hasn’t been below 35 all week. How do people get used to this kind of heat?  At least today it’s windy though. Keeps the flies off a bit. Acclimatising is taking longer than I expected.

    ——————————————————————————–

    October 15th

    Fell asleep by the pool yesterday. Got third degree burns over 60% of my body. Missed three days of work. What a dumb thing to do!  Got to respect the ol’ sun in a climate like this.

    ——————————————————————————–

    October 20th

    Didn’t notice Kitty (our cat) sneaking into the car before I left for work this morning.

    By the time I got back to the car after work, Kitty had died and swollen up to the size of a shopping bag and stuck to the upholstery.  The car now smells like Whiskettes and cat shit. I’ve learned my lesson though: no more pets in this heat.

    ——————————————————————————–

    October 25

    This wind is a b*stard. It feels like a giant f*ckin’ blow dryer.  And it’s hot as hell!

    The home air conditioner is on the blink and the repair man charged $200 just to drive over and tell me he needs to order parts from f*ckin’ Perth .

    ——————————————————————————–

    October 30th

    The temperature’s up around 40 and the parts still haven’t arrived for the f*ckin’ aircon.

    Been sleeping outside by the pool for three nights now. Bloody $900,000 house and we can’t even go inside.  Why the hell did I ever come here?

    ——————————————————————————–

    November 4

    Finally got the ol’ aircon fixed. It cost $1 500 and gets the temperature down to around 25 degrees, but the humidity makes it feel about 30.

    Stupid repairman.

    ——————————————————————————–

    November 8

    If one more smart a*se says ‘Hot enough for you today?’, I’m going to f*ckin’ throttle him! F*ckin’ heat!  By the time I get to work, the car’s radiator is in the red, my clothes are soaking f*ckin’ wet and I smell like baked cat!

    ——————————————————————————–

    November 9

    Tried to run some errands after work, wore shorts, and sat on the black leather upholstery in the ol’ car.  I thought my f*ckin’ arse was on fire. I lost two layers of flesh, all the hair on the backs of my legs and my f*ckin’ arse.  Now the car smells like burnt hair, fried a*se and baked cat!

    ——————————————————————————–

    November 10

    Weather report! It might as well be a f*ckin’ recording. Hot and sunny. Hot and sunny, Hot and f*ckin’ sunny!  It’s been too hot to do anything for two f*ckin’ months and the weatherman says it might really warm up next week.  Doesn’t it ever rain in this damn f*ckin’ place? Water restrictions are next, so my $5 000 worth of palms might just dry up and blow into the f*ckin’ pool.  The only things that thrive in this hellhole are the f*ckin’ flies. You don’t dare open your mouth for fear of swallowing half a dozen of the f*ckers!

    ——————————————————————————–

    November 20th

    Welcome to HELL! It got to 45 f*ckin’ degrees today.  Now the air- conditioner’s gone in my car. The repair man came to fix it and said, ‘Hot enough for you today?’  My wife had to spend the $3 500 mortgage payment to bail me out of jail for assaulting the stupid f*cker.

    F*ckin’ Newman! What kind of sick, demented f*ckin’ idiot would want to live here!

    ——————————————————————————–

    December 1

    WHAT!!!! –  Today’s the first day of summer!!!!????

    You are f*ckin’ kidding me!

  215. Bruce of Newcastle

    And if prices increases for inputs aren’t being passed on but absorbed by US corps that’s a good thing? Really?

    Yes. China is fighting a war with US, and has been doing for decades. They use trade and mercantile policy and deniable stuff like Nork farting about and IT black arts.

    Trump is now challenging them. Successfully. He is doing so in a way which minimizes the cost and damage to the domestic economy. Do you think the US should allow China to win? I assure you that the CCP is not in this game for nickels and dimes. They intend to establish Chinese dominance, and quite probably global Marxism-Leninism-Maoism, which is a religion in the Party and the PLA.

    Ray Dalio Tells Investors ‘Bet On China’ As The Next Global Empire (7 Aug)

  216. JC

    You’d almost think there were no tariffs before Trump.

    That’s untrue. Those tariffs you allude to are bad, but they were also worked around and the trading pattern worked around those tariffs. We’re specifically discussing those tariffs which Trump has imposed, which are new and resulted in an economic slowdown.

  217. JC

    Ray Dalio Tells Investors ‘Bet On China’ As The Next Global Empire (7 Aug)

    Dalio has been talking shit for a while now. If he’s that worried about inequality, he ought to give most of his money away right now.

  218. Our currency is driven by China because of so much iron ore and coal going there.

    Then things are going to get very interesting, Bruce.
    According to report on the ABC yesterday, China is in the process of expanding its annual domestic coal production from 20 million tonnes to 140 million tonnes a year. And that’s just for starters over the next two years.

  219. MatrixTransform

    You are f*ckin’ kidding me!

    omfg … that is the first real belly laugh I’ve had for a year.

  220. JC

    Yes. China is fighting a war with US, and has been doing for decades. They use trade and mercantile policy and deniable stuff like Nork farting about and IT black arts.

    Okay, I’ll take your word for it.

    Do you think the US should allow China to win?

    Win what? If you’re that dead set about China being an evil empire then we should stop selling iron ore and coal to them right now. Right?

  221. feelthebern

    Dalio has been talking shit for a while now. If he’s that worried about inequality, he ought to give most of his money away right now.

    He was shit talking China two years ago. Then he set up a $US25bill China fund.

  222. MatrixTransform

    if tariff are bad … the why so many cuntries have them?

  223. cohenite

    Latest from the fun filled world of RoP; all 1.6 billion of them:

    https://www.jihadwatch.org/

  224. MatrixTransform

    if tarriffs are ‘bad’ then why do so many countries have them?

  225. JC

    He was shit talking China two years ago. Then he set up a $US25bill China fund.

    I take all these mega sized hedge fund players views to zero. They’re either talking their books or have seriously wacky ideas. Dalio used to be okay, but he’s turned as ratty as the others. He’s got a Soros complex wanting to save the world from itself.

    The only one I ever halfway listen to is that bald nong head David Tepper. Even there he’s talking his book most of the time. At least though, he’s a smartarse and is genuinely funny and doesn’t take himself too seriously.

  226. Bruce of Newcastle

    Peter – Yes, that’s the second link I gave at 10:18 but from a different site. China this week has also told every company in the country to not buy any US agricultural produce. None. Not a single corn cob. If you thought the supermarket baby formula races were bad last week, wait until next week…

    These actions smell of maximizing self reliance, which is a very worrying strategic direction for them to be heading.

    Not that we can do anything about it.

  227. C.L.

    This is real.™

    Rochester Cathedral is said to be the second oldest church in all of England.
    The magnificent exterior has beckoned the faithful to prayer for centuries – even since it was stolen from the Catholic Church.

    And here is the interior. Which tells you all you need to know about England today.

  228. max

    We’re specifically discussing those tariffs which Trump has imposed, which are new and resulted in an economic slowdown.

    But that won’t be permanent. There may be a cost now (though that is arguable) but Trump is thinking longer term.

  229. Frank Walker from National Tiles

    MatrixTransform
    #3126874, posted on August 8, 2019 at 10:39 pm

    if tarriffs are ‘bad’ then why do so many countries have them?

    Nationalist hucksterism.

    The same people who want you to install Team Viewer on your computer or knew full well what a scam the Australian Conservatives was going to be if Cory didn’t become the third power in Australian politics.

  230. JC

    No wonder I haven’t seen Tepper in yonks. He’s given all the money back to investors… the bald headed noghead.

  231. Bruce of Newcastle

    If you’re that dead set about China being an evil empire then we should stop selling iron ore and coal to them right now. Right?

    Hey, JC, now you’re sounding like Andrew Hastie!

    Beijing rebukes Aussie lawmaker for warning of China threat (8 Aug)

  232. JC

    But that won’t be permanent. There may be a cost now (though that is arguable) but Trump is thinking longer term.

    I’ll take your word for it. Only yours though. 🙂

  233. MatrixTransform

    These actions smell of maximizing self reliance

    ahh, now we’re getting there

    anybody had a divorce?
    how long were ya chucking resources into a bad marriage that was always gonna be divided inequitably?
    somebody works … somebody benefits
    it aint always the worker
    neo-liberalism is quaint

  234. Frank Walker from National Tiles

    But that won’t be permanent. There may be a cost now (though that is arguable) but Trump is thinking longer term.

    Where have we heard this argument before about a temporary response to a transient problem?

  235. JC

    Bruce

    Stop doing a 180. That point I brought up was to extend your own …..about China being a scary place… to its logical conclusion. If China is at war with our closet ally, it’s then only fitting we stop supplying them with strategic commodities.

    Why not, right?

  236. JC

    I’ve been through 4 divorces, Maxi. All good.

  237. Bruce in WA

    You are f*ckin’ kidding me!

    omfg … that is the first real belly laugh I’ve had for a year.

    My work here is done …

  238. Steve trickler

    A shout out to all those gluing themselves to roads.

    https://www.youtube.com/watch?v=J7oxn7z72Q0

  239. These actions smell of maximizing self reliance, which is a very worrying strategic direction for them to be heading.

    True, Bruce. And the effect is showing up in all kinds of obscure ways.
    China built several industries on Australia (and other countries) recycled glass and plastic. We took it to absurd lengths and built our own, taxpayer-funded, feel-good recycling industry. We even had “recycle bins” so the councils could collect it separately and ship it all to China.

    Then in January China said “thank you very much, but we have now built our own factories to make beer stubbies and coca cola bottles, so stick your rubbish up your arse”.

  240. John Constantine

    The whole point of one belt one road in central asia is too link the vast potentially productive wastelands of the steppes to the Chinese consumer.

    With a bit of fencing/roads/ water pipelines/ feed storage, the entire australian sheepflock could be duplicated on the steppes– once the clearances of the nomads are completed.

    Once the slops fed pigs are wiped from China, they can be replaced with vast megapigcities, producing the worlds cheapest pork.

    Siberia, once one belt one road links it in, can pour resources into China.

    Australia is going to need a lot of robots to compete. Sea freight of bulk commodities to the China coastal cities is all we have going for us.

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