Rebane's Ruminations
February 2018
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[The Nunes memo is out and may be read here on Politico and other sites.  I've added a link to download Kim Strassel's 2feb18 WSJ column 'Memo Reading for Nonpartisans' here - Download Memo Reading for Nonpartisans.  Lots to consider and discuss.  gjr]

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103 responses to “Sandbox – 2feb18 (Nunes memo edition)”

  1. Paul Emery Avatar
    Paul Emery

    So you’re using Federal Pell Grants. Somebody else’s money right Gregory
    Are you going to accept Social Security when eligible Gregory?
    A Pell Grant is a subsidy the U.S. federal government provides for students who need it to pay for college. Federal Pell Grants are limited to students with financial need, who have not earned their first bachelor’s degree, or who are enrolled in certain post-baccalaureate programs, through participating institutions.

    Like

  2. George Rebane Avatar

    jons 548pm – The market corrected 2.5% today after having advanced 32+% from one year ago, and 49% since Trump was elected. The market was advancing super-exponentially (q.v. in these pages) which always portends a significant correction since our universe does not support long-lasting super-exponential growth in ANYTHING. However the innumerates are at a disadvantage in such discussions. You must have had a point tucked away in that comment, please share.
    Here is some light reading on the matter. Come back and tell us what you learned.
    http://www.er.ethz.ch/financial-crisis-observatory.html
    I also explained this in my first KVMR commentary eight years ago.
    http://rebaneruminations.typepad.com/rebanes_ruminations/2010/02/kvmr-commentary-5feb2010.html

    Like

  3. Walt Avatar

    So jon,, you not an investor? This i s called a market correction. Wall St. hates good news on Main st. Other than news of the dirty pool the DOJ plays, do tell
    what cat’sasterphy happened to put a run on the banks?
    And the bond rate went up a bit.( a booming economy has a way of doing that)
    Yes, blame the bad(but actually good) news on Trump

    Like

  4. Gregory Avatar
    Gregory

    waddaya mean when I’m eligible, Paul? I’m sucking down SS as we type. Guilt free.
    In the bad old days old folks who weren’t able to save (or just didn’t) were a burden on their kids or destitute, but with SS, that isn’t the case no mo’… you file for benefits and become a burden on everyone else’s kids!
    What a great country.

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  5. Walt Avatar

    All this noise about “national security”. So say the LIBS. It looks good on TV.
    Now wait for the other shoe to drop. The LIBS still have this hanging over their heads. You can bet is ammo for the mid-terms.
    http://dailycaller.com/2018/02/02/intel-committee-dems/

    Like

  6. Todd Juvinall Avatar
    Todd Juvinall

    Paul Emery has lost his marbles again. He really has no clue about things and how they work. It is a Federal Law to pay SS and Medicare. An employee pays half and his employer pays half. If self employed you pay it all. So when you retire you start getting the money you paid, back. Now, Paul, do you understand? I am a happy camper as I have some SSN and retirement and some investments. Hopefully I will never be a burden on the taxpayers or my kids. And for that matter I put about 45 million through the economy all at my risk as a builder. And hired many local men and women. Can you say the same thing?
    Stock market is simply selling for profits and will be moving back up soon. A person’s 401K is up 40% this last year. Millions are happy campers.

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  7. Paul Emery Avatar

    So why does Gregory have a problem with me collecting SS?
    He writes:
    “How many years of sucking down government checks…”

    Like

  8. Don Bessee Avatar
    Don Bessee

    The sad po’ ol’ fakenewsman can not even bob and weave anymore, it must be a comprehension block that makes him unable to read my 1210 & 1215 and have a cogent conversation. What else is new?!? 😉

    Like

  9. Don Bessee Avatar
    Don Bessee

    Here is a little something to make the haters heads explode on this lovely Friday night-
    http://www.breitbart.com/big-government/2018/02/02/u-s-oil-gas-leases-86-percent-360-million-federal-state-treasuries/
    😉

    Like

  10. Gregory Avatar
    Gregory

    No problem with you sucking down government checks, Paul, just don’t convince yourself that you’re getting your own money back with interest. It’s always been socialism with an American face just like FDR had in mind.
    It does appear your blood bro Todd also thinks he’s paid for his SS and Medicare benefits. For both, the money is paid in by the working, and sucked out by the retired. You can pretend for the first few years you’re just getting the money you put in plus interest, if it makes you feel better about it.

    Like

  11. Paul Emery Avatar

    Don
    AS a sparring partner you’re pathetic because you never have anything to say. Much rather work out with Gregory or George. Tough guys that know the ropes. Basically you’re fired.
    Off to the Asylum of Charenton

    Like

  12. Gregory Avatar
    Gregory

    Punchy, no, go play with your ilk, it’s OK.

    Like

  13. Todd Juvinall Avatar
    Todd Juvinall

    Actually, Gregory seems to not know squat about SSN or Medicare. That is a surprise. I paid into the system as required by law. Now I am drawing it out. I did not set the in amount and I did not determine the amount paid out. Your government does that. Yes It is a system that I don’t care for perse’ But the law is the law and it was passed 80 years go before I was born. My dad got five SS checks and then passed. The government demanded the fifth check returned by my mother. She was a housewife and took care of us while Pop worked. Standard in those days. So maybe Gregory needs to review the law. As far as Paul Emery “sucking” in money from it. That is his and his right to do so under the law. An we are a nation off laws.

    Like

  14. Gregory Avatar
    Gregory

    Gee, Todd, you and your ilk have swallowed the story whole, didn’t you?
    Here’s a reality check.
    http://reason.com/archives/2018/01/15/start-saving-now-because-socia
    Social Security makes CalPERS/STRS look like cash in the bank.

    Like

  15. Russ Avatar

    Attorneys Accuse California Cities of Bond Fraud After Climate Change Lawsuits Filed
    A libertarian think tank has notified the Securities Exchange Commission (SEC) that California cities and counties may have inadvertently admitted to securities fraud in their global warming lawsuits against oil companies.
    [,,,]
    “[I]n their lawsuits many of the municipalities claim to be able to accurately be able to predict sea level rise caused by climate change,” Kazman and Watkins wrote. “However, some of the bond offerings of these municipalities state that such predictions were not possible.”
    For example, San Francisco’s lawsuit predicts “0.3 to as much as 0.8 feet of additional sea level rise by 2030,” which could cost $5 billion in the long-term. But the city told investors they were “unable to predict whether sea-level rise or other impacts of climate change or flooding from a major storm will occur, when they may occur.”

    http://www.icecap.us
    “Either the City can predict such sea-level rise, as it tells the court, or it cannot, as it tells investors,” CEI’s attorneys wrote.
    Which filing do you think the Cities will change. My bet is climate change impacts will get revised to unknown.

    Like

  16. ArchieBunker Avatar
    ArchieBunker

    All San Francisco needs are a series of locks under the Golden Gate like Amsterdam has to hold back the ocean. The rivers will be rerouted to Lake Bakersfield through the delta tunnels. The downside is bitching and moaning by a few fishermen and tree huggers.

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  17. George Rebane Avatar

    Russ 856am – Agreed. But some of the fraudsters should face jail time.
    ArchieB 917am – My approach has been to put the locks at the entry to SF Bay near Vallejo. And then divert to Lake Bakersfield as necessary. But pumping fresh water into the Pacific is beyond butt stupid, only a progressive mind sees it as a boon to mankind.

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  18. jon smith Avatar
    jon smith

    GR 10:24
    I’d like to think my great grand kids would want to experience cracked crab, salmon, orcas, sea lions, etc., etc., All of these would disappear without the influx of fresh water. A San Francisco Bay that actually has water in it and hasn’t been silted in behind your locks would be a nice touch too. To each his own.

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  19. George Rebane Avatar

    jons 1030am – True to form, you didn’t read my 1024am. The Vallejo entry to SF Bay is its source of fresh water. The tidal circulation of the bay through the Golden Gate would be undisturbed.

    Like

  20. MAGA Covfefe! Avatar
    MAGA Covfefe!

    Sorry Day Trader Donnie for your loss yesterday.
    Sorry for you and Sheriff Kieth too,,,prosecutors reducing or dropping pot charges,,,MAGA
    https://www.apnews.com/7331a670ec414683beb5fca862dec564

    Like

  21. Walt Avatar

    Covfefe translates to dickhead in my ancestors language. Another good choice of sock puppet.
    Sure thing dude, Trump made a phone call to sell stocks.
    So your saying bad news for Proggys is bad news for Wall St… Got it.

    Like

  22. Don Bessee Avatar
    Don Bessee

    What would make you believe I lost anything @ 1103? Spoken like someone who has no investments. 😉

    Like

  23. jon smith Avatar
    jon smith

    GR 10:30 – True to form you exhibit a complete lack of understanding ecology at its most basic level. Tidal currents alone won’t clean the bay of sediment or stale water. Fresh water is required in the lifecycles of the crabs, salmon, orcas and sea lions that I pointed out. EVERYTHING they eat depends on fresh water for portions of their lives. this has absolutely nothing to do with tidal flow. Salt/fresh water mixing is what makes the Sacramento Delta one of the richest and most diverse habitats in the country.

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  24. MAGA CoVfefe! Avatar
    MAGA CoVfefe!

    @1235 Donnie Day Trader,,,so your shorts and puts kicked in??? Might have to up your status to FINANCIAL GURU!!!
    @1142 MAGA Walter!!! Been buying much gold lately,,,or just bullets???

    Like

  25. Walt Avatar

    Another Lefty trying to give financial advice. LOL!
    Run along now and start filling out your BK forms.

    Like

  26. George Rebane Avatar

    jons 105pm – au contraire mon ami. You didn’t seem to notice the provenance of this thread that was willing to sacrifice some bay and estuary wildlife so that central valley farmers and California’s doubled population can have drinking water. There is no free lunch.
    And examples of large healthy bays abound that are not regularly irrigated with fresh water from large drainage basins like the one that feeds the Sacramento delta. No one denies that the eco-system of SF bay would change were its only water exchange to be from remaining fresh water ingresses and tidal flows through the Golden Gate. But I do challenge you to point us to a hydrodynamic model of the bay (I’m sure one exists), the exercise of which has been verified and that backs up the cataclysmic claims of ‘environmentalists’ like yourself. (Unless you are better read in the STEM basis of eco-system than you have heretofore evinced, you’d be blown away how much I and others like me know about ecological dynamics.)

    Like

  27. Todd Juvinall Avatar
    Todd Juvinall

    When I crossed over the Columbia a few years ago while we were in a drought, I thought how could we get some of that to California? It might be cheaper than Jerry Brown’s tunnels to get the water her from there?

    Like

  28. George Rebane Avatar

    ToddJ 238pm – Great thought and much contemplated here and elsewhere. It’s even a Wikipedia entry. But if it ever became a serious proposal, I fear that Mr smith’s cousin, the Oregon environmentalist, would start pissing and moaning about the catastrophic end to the Columbia delta eco-system. You have to understand that these people worship the chaotic state that nature has left things in as if that world order is the holiest of holies ordained by Gaia.
    https://en.wikipedia.org/wiki/Proposed_interstate_water_pipelines_to_California

    Like

  29. Todd Juvinall Avatar
    Todd Juvinall

    WOW there is a wiki for everything! I think the Columbia was a mile or so across where I was. There is plenty of water heaed out to sea. If the politicians can get the people to fund a 80 billion dollar train to nowhere, I think it is possible to buy the water and build the pipeline.

    Like

  30. Gregory Avatar
    Gregory

    Whiskey is for drinking. Water is for fighting.
    Trying to ship Oregon water to California would start a new war between two states. In my opinion, people would very possibly die.
    There is too much animosity towards Californians from Oregonians. It’s their water and they won’t let you forget it.

    Like

  31. Scott Obermuller Avatar

    Gregory at 5:36 – No need for a war. Everyone has their price. In point of fact, Oregonians are very glad to sell their water to their southern neighbors.
    https://projects.oregonlive.com/bottled-water/
    It’s just a matter of which particular special interest is paid off first.

    Like

  32. Scott Obermuller Avatar

    MC at 1:06 – That would appear to be the one who no longer will post under his own name here. In the past, he has shown a complete inability to comprehend the stock market.

    Like

  33. Todd Juvinall Avatar
    Todd Juvinall

    It would be great to be part of a negotiation for the water from Oregon. No one needs to die but who knows, the Earth Firsters might try. And everyone has their price. You just have to find it.

    Like

  34. Gregory Avatar
    Gregory

    And what would the bankrupt state of California use to pay the exorbitant price you imagine could be negotiated?
    Dream on.

    Like

  35. George Rebane Avatar

    Interesting to compare exorbitant prices paid for Oregon water vs the delta tunnels.

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  36. Bill Tozer Avatar

    Water?
    The desalination plant in Santa Barbara officially was opened the day Jerry Brownstreak declared the drought was over. I cannot recall which drought he was referring to. Anyway, the expensive desalination plant never operated and the city has tried to sell the plant’s filters and parts to any buyers with no success. The knock on desalination plants is they require ungodly sums of electricity to operate. Greenies cried foul, not to mention the excess salt released back into the ocean is bad for our fishy friends who live along the coastline.
    Water?
    Reports from the CA Greenies claim that just the construction of the Brownstreak Tunnel would create and release into the air the equivalent of 30 years of greenhouse gases that all of our State’s efforts and laws to cut down of greenhouse gases have saved from being released into the air. 30 years of efforts to save the planet erased by just the construction of The Tunnel, aka, the Black Hole. Bad juju for the granola heads.

    Like

  37. fish Avatar
    fish

    Posted by: Bill Tozer | 04 February 2018 at 06:52 AM
    Reports from the CA Greenies claim that just the construction of the Brownstreak Tunnel would create and release into the air the equivalent of 30 years of greenhouse gases that all of our State’s efforts and laws to cut down of greenhouse gases have saved from being released into the air. 30 years of efforts to save the planet erased by just the construction of The Tunnel, aka, the Black Hole.

    Pish posh William…..no sacrifice is too great when there are progressive/democrat cronies to pay off.

    Like

  38. Todd Juvinall Avatar
    Todd Juvinall

    I too watched these desal plants and saw the reports of their cost and maintenance. Huge money for very local results. If California would sop the train to nowhere and the tunnels to wherever, there is plenty of money for negotiating on those two things alone. These are things that a leadership team would be working on if we had one.
    There are plenty of other wastes of our money to look at as well. You know, “money talks and BS walks” works for water as well.

    Like

  39. George Rebane Avatar

    Re water – yes indeed, this imbroglio again illustrates how the liberal mind (dys)functions. We dump gazillions of environmentally clean fresh water into the Pacific while building/operating desalinization plants that require enormous amounts of energy and pollute the coastal waters. The evidence mounts that they are indeed afflicted with a mental disorder.

    Like

  40. Gregory Avatar
    Gregory

    Yes, George 845 and the enviro-left in OR would, I’m sure, work overtime to destroy the future election chances of any OR politician who dared to open negotiations with the state to their immediate south to have that environmentally clean water to be flushed down SoCal toilets one or two gallons at a time rather than out to the Pacific Ocean in the Columbia River in a gazillion-gallon an hour rate, as Gaia intended.
    It ain’t gonna happen.

    Like

  41. George Rebane Avatar

    Gregory 911am – Agreed.

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  42. Bill Tozer Avatar

    John Kerry reporting for duty in 2020. Some things don’t change. You can’t fix stupid.
    “Mr. Kerry proposed a regional agreement in which Egypt and Jordan would guarantee Israel’s security as part of a deal for a Palestinian state.
    Mr. Netanyahu scoffed at the idea.
    Israeli’s military was already propping up Egypt’s military, he said, according to the Americans. If Egypt was unable to control the ground within its own borders, Mr. Netanyahu argued, it was hardly in a position to guarantee security for Israel.”
    https://www.nytimes.com/2018/02/03/world/middleeast/israel-airstrikes-sinai-egypt.html
    No wonder George Washington warned our young country against permanent allies in his farewell address:
    “It is our true policy to steer clear of permanent alliance with any portion of the foreign world”: it was George Washington’s Farewell Address to us. The inaugural pledge of Thomas Jefferson was no less clear: “Peace, commerce, and honest friendship with all nations-entangling alliances with none.”
    Saudi Arabia, Egypt, Jordon, Israel: Our allies against Obama’s Iran and Obama’s beloved Muslim Brotherhood, aka, Dreams of My Father.
    Russia and Iran: Our allies against ISIS. Makes good sense to me.
    I always felt that the best place to put ISIS fighters captured on the battlefield was not Gitmo, but in an Egyptian jail. Outsourcing if you will.

    Like

  43. Bill Tozer Avatar

    “@1235 Donnie Day Trader,,,so your shorts and puts kicked in??? Might have to up your status to FINANCIAL GURU!!!
    @1142 MAGA Walter!!! Been buying much gold lately,,,or just bullets???”
    Posted by: MAGA CoVfefe! | 03 February 2018 at 01:06 PM
    I don’t know about the rest of you’ll, but whenever a lefty starts taking about money and banks in particular, I kinda tune it all out….or do the opposite. Learned that trick watching the highly esteemed Economic Guru, Paul Krugman. Do the opposite, believe the opposite.
    https://www.facebook.com/RowdyConservatives/photos/a.217983685002343.55586.217926015008110/1251474614986573/?type=3&theater

    Like

  44. jon smith Avatar
    jon smith

    Hey Bessee- What is your advice on bitcoin these days? Still a buy?
    Still can’t get my ticker to work. Can you share with us to what new heights did the market soar?

    Like

  45. xenoplilliac Avatar
    xenoplilliac

    The partisan created Nunes Memo was a dummy warhead. The FBI had issues with the Nunes memo because of its misleading (by omission) nature. The Demo Memo is being held up because it may actually contain some sensitive information, not because it is an inaccurate portrayal.
    The Nunes memo was, in reality, a smoke-bomb, a cheap magic trick, to cloud the easily confused minds of the proletariat and distract from the Russia probe.

    Like

  46. fish Avatar
    fish

    Posted by: xenoplilliac | 10 February 2018 at 10:07 AM
    Boy you sure nailed that one……that’s why theres been a slew of demotions and departures so people can “spend more time with their families” from the Bureau and Justice Department.
    You nitwits just aren’t trying very hard any more! Just repeat the dailykos and hope it sticks,

    Like

  47. xenophilliac Avatar
    xenophilliac

    Posted by: fish | 10 February 2018 at 10:36 AM – “slew of departures”? Is this what you are referring to;
    https://www.wsj.com/articles/trump-white-house-saw-record-number-of-first-year-staff-departures-1514457002
    or, was it this;
    https://www.cbsnews.com/news/republicans-leaving-congress-retiring-2018/
    Go back to bed and get some sleep.

    Like

  48. George Rebane Avatar

    xenophilliac 1048am – Now there’s an abrupt dodge and change of subject so that your 1007am is not shown to be without merit. One can only guess at how you may have answered Mr fish’s 1036am.

    Like

  49. xenophilliac Avatar
    xenophilliac

    Posted by: George Rebane | 10 February 2018 at 10:56 AM – and what do DOJ departures have to do with the Nunes memo? I would say about as much as White House staff and Republicans leaving Congress do with any specific event. It was a dodge by Fish to set up for an insult.

    Like

  50. Todd Juvinall Avatar
    Todd Juvinall

    The Nunes memo exposed the democrat/Hillary/DNC shenanigans and the involvement with some bad apples in the FBI and DOJ. Seems to pretty easy to figure out why those schlubs would adios.

    Like