Quotes of the Day

posted at 10:41 pm on March 19, 2014 by Jazz Shaw

Global equity markets ended lower on Wednesday while yields on U.S. Treasuries jumped after comments by U.S. Federal Reserve Chair Janet Yellen raised the possibility that interest rates could rise soon than has been expected.

Yellen, speaking at her first press conference as the Fed chief after the close of the U.S. central bank’s two-day policy meeting, said the Fed could start to raise interest rates around six months after its current asset purchase program ends…

“She certainly moved it up a little bit and I don’t think the market was expecting that at all because she is widely viewed as being more on the dovish side of the aisle than she is on the hawkish side,” said Peter Kenny, chief executive officer of Clearpool Group in New York.

“That is not a particularly hawkish comment, but the fact of the matter is it was not expected.”

Fears that the Fed’s policy-setting Federal Open Market Committee might move away from its near-zero rate policy sooner than some traders had previously thought unleashed a wave of selling in the bond market. Short-dated and intermediate Treasuries suffered the biggest losses since they are seen as the most vulnerable to a swifter change in Fed policy.

***

“I think the market being reminded that the Fed will eventually raise rates is getting traders’ attention,” John Canally, an economic strategist at LPL Financial Corp. said in a phone interview from Boston. His firm oversees about $438.4 billion. “We’ll probably get a couple days of back and forth in the markets, but this is all good change.”

Bonds and U.S. equities retreated as the Fed said officials predicted their target interest rate would be 1 percent at the end of 2015 and 2.25 percent a year later, higher than previously forecast, as they upgraded projections for gains in the labor market. The central bank also reduced the monthly pace of bond purchases by $10 billion, to $55 billion.

Benchmark indexes extended losses as Yellen said the quantitative easing program would end this fall if the Fed continues to taper purchases in measured steps. She said she sees a “considerable time” between the end of the stimulus and the first rate increase, meaning “six months or that type of thing.”

***

Janet Yellen isn’t one to declare victory and go home. Today, the Federal Reserve chair announced that the central bank will keep working to stimulate the economy even though it has already almost achieved the goal it set for itself in 2012, to bring the unemployment rate down to 6.5 percent.

We know we’re not close to full employment, not close to an employment level consistent with our mandate,” Yellen told reporters. She added that “unless inflation were a significant concern, we wouldn’t dream of raising the federal funds rate target.” The target for the federal funds rate—the short-term interest rate that the Fed directly controls—has been a historically low 0 to 0.25 percent since December 2008.

At her first press conference since becoming chair of the Fed in February, Yellen explained that Fed rate-setters will abandon the 6.5 percent target and instead look at a broader range of data to decide when and how much to curtail stimulus.

***

***

Janet Yellen was boring. And that’s exactly what she wanted to be.

The newly installed Federal Reserve chair, in her first big policy meeting and news conference, gently nudged the central bank away from its extraordinary easy-money policies and toward a more normal footing in a way that only mildly upset markets, which sank a bit on the slightly more hawkish tone.

It was surprising but I don’t place much weight on it,” Pantheon Macroeconomics’ Ian Shepherdson said of the “six-month” comment. “I guess the pressure of the occasion got to her. Otherwise her performance was solid, she did her best to make the dove case, having been dealt a poor hand by her colleagues, nudging up their rate forecasts.”

Stocks quickly sold off following the “six-month” comment but recovered later as investors got more comfortable that the remark was hardly a firm policy commitment and was not really out of line with what the FOMC said in its consensus projections. It also happens to be exactly the consensus among Wall Street analysts for when the Fed will start bumping up rates.

***

The Fed, under Bernanke, promised that when the unemployment rate hit 6.5%, the central bank would raise interest rates. This was called quantitative guidance, and it fed Wall Street’s fetish for largely made-up numbers. The 6.5% benchmark was a big hit with traders. It meant they didn’t have to think very hard: when unemployment hit 6.5%, Wall Street could start girding itself for a rise in interest rates.

Then Yellen shut down the betting parlor. In a statement, the Fed said it “will take into account a wide range of information, including measures of labor market conditions, indicators of inflation pressures and inflation expectations, and readings on financial developments. This is what is now called ‘qualitative guidance’”.

Translation: the Fed is looking at when the economy improves, and the economy comprises a giant number of measures and statistics. If Wall Street wants Cliffs Notes, it will have to look elsewhere.

That was Janet Yellen’s declaration of independence. And that matters even – especially! – if you don’t work on Wall Street.

***

There are complicated structural reasons why we are in the longest and weakest recovery of the post WW II period. When I interviewed Yellen earlier this year, she made it quite clear that she knew that the Fed’s firepower was running low—although she still believed that clear and thoughtful forward guidance could help calm markets. (Today’s reaction shows that will be a tricky act to pull off.) Still, by proving hawks that had predicted a Yellen-led Fed would remain too dovish for too long wrong, she’s showing a careful regard for the market impact of long-term loose monetary policy. She may be concerned about the “human impact” of unemployment, but she clearly doesn’t want markets to crash, either.

All in all, I’m rather surprised that the markets took the rate hike news as so hawkish and definitive, given that she stressed again and again that the Fed would be watching a broad range of economic indicators to make sure that they were getting the timing of internet rate tightening right…

To me, that’s reassuring. It’s interesting that to markets it was worrisome. That shows just how dependent investors have become on Fed news going in one direction only and how removed some asset prices have become from fundamentals. When I close my eyes, breathe deeply and visualize the future, I see…more volatility.

***

PROGRAMMING NOTE: Allahpundit is still standing in line to volunteer for the Crimean Army, but should be returning as soon as that no longer exists.

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Second!!

KCB on March 19, 2014 at 10:43 PM

Third?

KCB on March 19, 2014 at 10:43 PM

BISHOP! Cause we know you’re out there….

Doc Holliday on March 19, 2014 at 10:44 PM

Dammit Ken!

Doc Holliday on March 19, 2014 at 10:44 PM

You can never be too prepared. In a world where anything can happen.

Bmore on March 19, 2014 at 10:45 PM

Have no idea what this means exactly…

Don’t care that much either. ):

Scrumpy on March 19, 2014 at 10:47 PM

How come there’s no Allahpundit show?

Or is it on Al Jazeera?

Lanceman on March 19, 2014 at 10:48 PM

Evening All!!!

CoffeeLover on March 19, 2014 at 10:48 PM

Billy Idol – Rebel Yell

Axe on March 19, 2014 at 10:49 PM

Last.

annoyinglittletwerp on March 19, 2014 at 10:49 PM

Have no idea what this means exactly…

Don’t care that much either. ):

Scrumpy on March 19, 2014 at 10:47 PM

?

Axe on March 19, 2014 at 10:49 PM

Kansas – Dust in the Wind

[Note to self: clean the ceiling fans more frequently... *a-CHOOO!*]

Newtie and the Beauty on March 19, 2014 at 10:49 PM

annoyinglittletwerp on March 19, 2014 at 10:49 PM

lol

CoffeeLover on March 19, 2014 at 10:50 PM

[Note to self: clean the ceiling fans more frequently... *a-CHOOO!*]

Newtie and the Beauty on March 19, 2014 at 10:49 PM

Just put them in reverse for an hour.

Lanceman on March 19, 2014 at 10:50 PM

BBQ Saucy Wench checking in! Hi ya’ll.

kringeesmom on March 19, 2014 at 10:50 PM

PROGRAMMING NOTE: Allahpundit is still standing in line to volunteer for the Crimean Army, but should be returning as soon as that no longer exists.

Thanks for the update. Bring back some souvenirs Allah!

Bmore on March 19, 2014 at 10:50 PM

It says I’m logged in but I keep getting a message that I’m not.

crankyoldlady on March 19, 2014 at 10:51 PM

Negative interest rates here we come!

Murphy9 on March 19, 2014 at 10:51 PM

Axe on March 19, 2014 at 10:49 PM

Now THAT’S what I’m talkin’ about… \m/

Newtie and the Beauty on March 19, 2014 at 10:51 PM

Savage Barbarians: Actual, Literal Slaughterhouses For Christians Discovered In Syria

Resist We Much on March 19, 2014 at 10:46 PM

http://predicthistunpredictpast.blogspot.com/2014/03/savage-barbarians-actual-literal.html

^ Must read.

Having it laid out as human sacrifice (plain, simple, pagan, human sacrifice) is new to me. I’ve understood it as brutal and exclusive — only a Muslim is a properly human, human being, and killing others is therefore not akin to murder; ref. Nazis and Pariahs and some slavery systems –

But this is a different light. It strips the whole veneer of war and war crime away, and the veneer of that false religious parity between the “big three monotheistic religions,” and all that’s left on the table are people that might just as easily be praying to Molech or a volcano.

This is a pretty tough one, RWM. :) I’m glad you posted it.

Axe on March 19, 2014 at 10:09 PM

http://hotair.com/archives/2014/03/19/democrat-mccaskill-id-say-its-pretty-irresponsible-of-us-to-ignore-our-17-trillion-debt/comment-page-1/#comment-7848221

Axe on March 19, 2014 at 10:51 PM

CoffeeLover on March 19, 2014 at 10:48 PM

We meet again… ;-)

Newtie and the Beauty on March 19, 2014 at 10:51 PM

I waited….

KCB on March 19, 2014 at 10:52 PM

Lots of .22LR.

Squirrels and rabbits and such.

wolly4321 on March 19, 2014 at 10:52 PM

crankyoldlady on March 19, 2014 at 10:51 PM

Clear cookies and cache, then log back in, COL. That should take care of your problem!

Newtie and the Beauty on March 19, 2014 at 10:52 PM

BISHOP! Cause we know you’re out there….

Doc Holliday on March 19, 2014 at 10:44 PM

…HEY!

KOOLAID2 on March 19, 2014 at 10:52 PM

This is a good looking crew tonight!!!

KCB on March 19, 2014 at 10:52 PM

Wait a sec. Allah is in Crime Eea?

Lanceman on March 19, 2014 at 10:53 PM

Savage Barbarians: Actual, Literal Slaughterhouses For Christians Discovered In Syria

Resist We Much on March 19, 2014 at 10:46 PM

Now that I am physically sick just from reading this, I am going…

Good Night and God Bless…

Scrumpy on March 19, 2014 at 10:53 PM

Now THAT’S what I’m talkin’ about… \m/

Newtie and the Beauty on March 19, 2014 at 10:51 PM

▇ ▅ █ ▅ ▇ ▂ ▃ ▁ ▁ ▅ ▃ ▅ ▅ ▄ ▅ ▇

┏(-_-)┛┗(-_- )┓┗(-_-)┛┏(-_-)┓

Axe on March 19, 2014 at 10:53 PM

PROGRAMMING NOTE: Allahpundit is still standing in line to volunteer for the Crimean Army, but should be returning as soon as that no longer exists.

Thanks for the update. Bring back some souvenirs Allah!

Bmore on March 19, 2014 at 10:50 PM

ROTFLMAO… allahpundit would faint dead away at the sight of a real gun.

oscarwilde on March 19, 2014 at 10:53 PM

Crash

Whew. If this were another flight 370 thread, cozmo might go over the edge.

Brat on March 19, 2014 at 10:53 PM

Newtie and the Beauty on March 19, 2014 at 10:51 PM

lol yup sure are. We need to resume our habit LOL!!!

CoffeeLover on March 19, 2014 at 10:53 PM

Lanceman on March 19, 2014 at 10:50 PM

Tried that…the dust bunnies multiplied…

Newtie and the Beauty on March 19, 2014 at 10:53 PM

Ok. Apparently suddenly the remember me thing wasn’t checked. They don’t love me.

crankyoldlady on March 19, 2014 at 10:54 PM

That the stock market would react to what the fed ‘might’ be doing illustrates the problem. This is a house of cards built on easy money and when the gravy train slows down and comes to a halt, because we can’t live in a fantasy land forever, this house of cards will blow over.

Corporal Tunnel on March 19, 2014 at 10:54 PM

Savage Barbarians: Actual, Literal Slaughterhouses For Christians Discovered In Syria

Resist We Much on March 19, 2014 at 10:46 PM

Rev 6:9 And when he had opened the fifth seal, I saw under the altar the souls of them that were slain for the word of God, and for the testimony which they held:
Rev 6:10 And they cried with a loud voice, saying, How long, O Lord, holy and true, dost thou not judge and avenge our blood on them that dwell on the earth?
Rev 6:11 And white robes were given unto every one of them; and it was said unto them, that they should rest yet for a little season, until their fellowservants also and their brethren, that should be killed as they were, should be fulfilled.

Rev 17:6 And I saw the woman drunken with the blood of the saints, and with the blood of the martyrs of Jesus: and when I saw her, I wondered with great admiration.

Rev 19:2 For true and righteous are his judgments: for he hath judged the great whore, which did corrupt the earth with her fornication, and hath avenged the blood of his servants at her hand.

Rev 20:4 And I saw thrones, and they sat upon them, and judgment was given unto them: and I saw the souls of them that were beheaded for the witness of Jesus, and for the word of God, and which had not worshipped the beast, neither his image, neither had received his mark upon their foreheads, or in their hands; and they lived and reigned with Christ a thousand years.

Murphy9 on March 19, 2014 at 10:55 PM

So the head of the CBO and Claire McCaskill are sounding rather Tea Partyish. Is down up again? Did I forget to set my watch?

kringeesmom on March 19, 2014 at 10:55 PM

Axe on March 19, 2014 at 10:51 PM

That Claire would make a fine Dim candidate for President.

Bmore on March 19, 2014 at 10:55 PM

it has already almost achieved the goal it set for itself in 2012, to bring the unemployment rate down to 6.5 percent.

Anyone who actually believes that 6.5% unemployment number is utterly mad.

VorDaj on March 19, 2014 at 10:55 PM

Tried that…the dust bunnies multiplied…

Newtie and the Beauty on March 19, 2014 at 10:53 PM

Yup. They will. But the cat will sweep them up.

Lanceman on March 19, 2014 at 10:55 PM

CoffeeLover on March 19, 2014 at 10:53 PM

I’m sorry I missed you earlier–I met your boyfriend, Ben Adryl, and we knocked back a couple :0

Newtie and the Beauty on March 19, 2014 at 10:55 PM

Savage Barbarians: Actual, Literal Slaughterhouses For Christians Discovered In Syria

Resist We Much on March 19, 2014 at 10:46 PM

I didn’t go to your site, since I wasn’t sure if there were videos/pics.

Walid Shoebat was on Mark Levin’s show and they were discussing that. What an evil.

From what I heard and read (but did not view) these groups are the ones McCain and others want or may have already supported. The U.S. sent arms to these savages? So much going on that I can’t remember.http://therightscoop.com/unbelievable-human-slaughter-houses-exposed-in-syria-with-decapitated-bodies-hanging-like-meat/

bluefox on March 19, 2014 at 10:56 PM

Axie, Baby!!!

Yes, it is an extremely difficult subject to bring up, but it needs to be. Also, the Left must be forced to acknowledge it even if they fail to condemn it. Literal butchers in slaughterhouses chopping Christians into pieces and/or hanging headless corpses upside down like a side of beef. They probably wanted to bleed it. It’s the same procedure for halal.

Resist We Much on March 19, 2014 at 10:56 PM

Did I forget to set my watch?

kringeesmom on March 19, 2014 at 10:55 PM

Democrats…. Fear of loosing ones job makes Democrats mouths do strange things.

oscarwilde on March 19, 2014 at 10:56 PM

Rev 17:6 And I saw the woman drunken with the blood of the saints, and with the blood of the martyrs of Jesus: and when I saw her, I wondered with great admiration.

Murphy9 on March 19, 2014 at 10:55 PM

Yep. That’s the Mooch, all right.

Lanceman on March 19, 2014 at 10:56 PM

OH MY GOD – NOOOOO!!!…..JAZZ doing QOTD, now? Sweeet, Blistering Jeee-zus!

williamg on March 19, 2014 at 10:56 PM

My hipster glasses arrived today.

It turns out that rather than looking like this…

They look like this.

annoyinglittletwerp on March 19, 2014 at 10:57 PM

Lanceman on March 19, 2014 at 10:55 PM

Recruited Hoover, Fate Herduster and Oldest Dear Son to help get the critters under control…we’re good for another month or so, thanks!

Newtie and the Beauty on March 19, 2014 at 10:57 PM

After our discussion of the ludicrous AMA last night, I found this:AMA: Obamacare sticks doctors with unpaid bills.

Here’s one of the money quotes:
After Obamacare’s passage, just 13 percent of American physicians agreed with the AMA’s support of the law, according to survey from physician recruitment firm Jackson & Coker. Surveys have repeatedly found that doctors don’t believe the law will let them help patients and make a living.

My only quibble with the article is the authors assertion that Surgeons are the “most highly trained” doctors–surgeons are highly trained at BEING SURGEONS. Beyond that, they consult medicine doctors.

The article is short and brutally truthful. Just reinforces the point that the AMA is a left wing political organization, and is not representative of most doctors.

Doc Holliday on March 19, 2014 at 10:58 PM

PROGRAMMING NOTE: Allahpundit is still standing in line to volunteer for the Crimean Army, but should be returning as soon as that no longer exists.

All that Jazz

Schadenfreude on March 19, 2014 at 10:58 PM

Recruited Hoover, Fate Herduster and Oldest Dear Son to help get the critters under control…we’re good for another month or so, thanks!

Newtie and the Beauty on March 19, 2014 at 10:57 PM

I just disconnect them, take them outside and hose them out.

Lanceman on March 19, 2014 at 10:58 PM

oscarwilde on March 19, 2014 at 10:53 PM

So….no war souvenirs? Well he should bring something back. Dang first Bishop leaves, leaving us nothing but a stinking old tackle box. We’ll never get anything from him when he returns. Been there done that. Now Allah leaves, nothing. Crap. This place goes to heII at night. Plus Bishop will never see this, let alone read it.

Bmore on March 19, 2014 at 10:58 PM

Okay-they look like the Burgundy ones on the far right thumbnail.
I ALWAYS seem to pick burgundy frames. LoL

annoyinglittletwerp on March 19, 2014 at 10:58 PM

So the head of the CBO and Claire McCaskill are sounding rather Tea Partyish. Is down up again? Did I forget to set my watch?

kringeesmom on March 19, 2014 at 10:55 PM

No, they’re not……..anymore than Bill O’Reilly sounds that way…….or even sounds honest…..

williamg on March 19, 2014 at 10:59 PM

Savage Barbarians: Actual, Literal Slaughterhouses For Christians Discovered In Syria

Resist We Much on March 19, 2014 at 10:46 PM

Walid Shoebat was on Mark Levin’s show tonight. Horrific story.

Brat on March 19, 2014 at 10:59 PM

PROGRAMMING NOTE: Allahpundit is still standing in line to volunteer for the Crimean Army, but should be returning as soon as that no longer exists.

Thanks for the update. Bring back some souvenirs Allah!

Bmore on March 19, 2014 at 10:50 PM

Which side did he join? The Confederates or the Yankees? Calvary or bookkeepers?

VorDaj on March 19, 2014 at 10:59 PM

To Sophie’s Syrian slaughter houses for Christians

Schadenfreude on March 19, 2014 at 10:54 PM

The slaughterhouses belong to Insane McVain’s buddies.

Resist We Much on March 19, 2014 at 10:59 PM

annoyinglittletwerp on March 19, 2014 at 10:57 PM

Flirty…

Newtie and the Beauty on March 19, 2014 at 10:59 PM

I am going to bed before I get started…
G’night all…

OmahaConservative on March 19, 2014 at 10:59 PM

oscarwilde on March 19, 2014 at 10:53 PM

So….no war souvenirs? Well he should bring something back. Dang first Bishop leaves, leaving us nothing but a stinking old tackle box. We’ll never get anything from him when he returns. Been there done that. Now Allah leaves, nothing. Crap. This place goes to heII at night. Plus Bishop will never see this, let alone read it.

Bmore on March 19, 2014 at 10:58 PM

Don’t temp me… I know where his new watering hole is… <— Insert evil laughter here…

oscarwilde on March 19, 2014 at 11:00 PM

Walid Shoebat was on Mark Levin’s show tonight. Horrific story.

Brat on March 19, 2014 at 10:59 PM

It would appear that Shoebat and McCain have a difference of opinion on the moral rectitude of those McCain calls his friends over there.

VorDaj on March 19, 2014 at 11:01 PM

Lanceman on March 19, 2014 at 10:58 PM

With AC, I rarely progress further than flipping the circuit breaker. Now DC is a whole ‘nother ball game–played with that for four years. Nothing worse than a couple of second degree burns and a blown 75a fuse…

Newtie and the Beauty on March 19, 2014 at 11:01 PM

Which side did he join?
VorDaj on March 19, 2014 at 10:59 PM

What difference, at this point, does it make?

Lanceman on March 19, 2014 at 11:02 PM

I didn’t go to your site, since I wasn’t sure if there were videos/pics.

bluefox on March 19, 2014 at 10:56 PM

There are links to videos. I only embedded one and its frozen picture is fine. Also, I warn before each video that it is disturbing and very graphic.

Resist We Much on March 19, 2014 at 11:02 PM

oscarwilde on March 19, 2014 at 11:00 PM

[Changes name on Predator's tab to "Allahpundit's Tab"...inquires about credit rating at Expedian...]

Newtie and the Beauty on March 19, 2014 at 11:02 PM

The slaughterhouses belong to Insane McVain’s buddies.

Resist We Much on March 19, 2014 at 10:59 PM

This Is Impossible. McCain vetted all of them and declared they were his brothers.

VorDaj on March 19, 2014 at 11:03 PM

Newtie and the Beauty on March 19, 2014 at 10:59 PM

Now now-we all know that the only reason that I picked them, was because I’m still upset that the cool kids wouldn’t let me sit at their table during lunch almost 30 years ago.///
*glares…through hipster glasses.*

annoyinglittletwerp on March 19, 2014 at 11:03 PM

annoyinglittletwerp on March 19, 2014 at 11:03 PM

I hung out with the heads…the conversations were…interesting…

Newtie and the Beauty on March 19, 2014 at 11:04 PM

What difference, at this point, does it make?

Lanceman on March 19, 2014 at 11:02 PM

It could have tipped the balance to the other side.

VorDaj on March 19, 2014 at 11:04 PM

oscarwilde on March 19, 2014 at 11:00 PM

Good evening, Mr. Wilde. :)

Please go to Axefellow’s place. There’s going to be a message for you there. Just check in and the proprietor will fill you in. :)

thatsafactjack on March 19, 2014 at 11:04 PM

oscarwilde on March 19, 2014 at 11:00 PM

I actually was thinking about going there and trolling him. In his own style of course. Just can’t seem to find the time.

Bmore on March 19, 2014 at 11:05 PM

VorDaj on March 19, 2014 at 11:04 PM

[Checks out "The Idiot's Guide to LibSpeak"...no entry for "Tipping Point"...]

Newtie and the Beauty on March 19, 2014 at 11:05 PM

Axie, Baby!!!

Yes, it is an extremely difficult subject to bring up, but it needs to be. Also, the Left must be forced to acknowledge it even if they fail to condemn it. Literal butchers in slaughterhouses chopping Christians into pieces and/or hanging headless corpses upside down like a side of beef. They probably wanted to bleed it. It’s the same procedure for halal.

Resist We Much on March 19, 2014 at 10:56 PM

{{{{{Everything}}}}}

– It shouldn’t be. The fact that we have enemies that hang us from hooks and we don’t want to think about it should tell us something about our posture. :)

It bothers the hell out of me — which just means I need to get with the program.

Axe on March 19, 2014 at 11:06 PM

Walid Shoebat describes the groups that are involved in this evil.

What he’s found through first-hand testimony and actual video footage that he’s posted on his site are human slaughter houses in Syria used to exterminate Christians and Muslims. Yes, Muslims. They are run by Syrian rebel Takfiri Jihadists groups. One such group is called ISIS, which stands for the Islamic group of Iraq and Syria. Another group is called Umm Muhammad. These rebel groups were rounding up Christians and Muslims who disagreed with the Takfiri ideology.

This is from http://therightscoop.com/unbelievable-human-slaughter-houses-exposed-in-syria-with-decapitated-bodies-hanging-like-meat/

bluefox on March 19, 2014 at 11:06 PM

Democrats…. Fear of loosing ones job makes Democrats mouths do strange things.

oscarwilde on March 19, 2014 at 10:56 PM

Oh I get it… say one thing and do another.

kringeesmom on March 19, 2014 at 11:07 PM

The slaughterhouses belong to Insane McVain’s buddies.

Resist We Much on March 19, 2014 at 10:59 PM

Understood, but I never give Hillary/Kerry any excuses for cavorting with Asaad. In Syria all are the enemies.

Schadenfreude on March 19, 2014 at 11:07 PM

I’d like to join the conversation assuming there is one but my eyes are bothering me. I did a lot of museum stuff on the computer today. And frankly I’m kind of depressed at what’s going on in this country and our “representatives” are doing nothing to help us. Going to bed.

crankyoldlady on March 19, 2014 at 11:07 PM

Newtie and the Beauty on March 19, 2014 at 11:04 PM

I was alluding to a comment that ‘my most bestest buddy’- NativeTexan-made last week.
I picked ‘em because they work well w/ my coloring and because they’re a bit spunky/ sassy w/ o being too young looking,

annoyinglittletwerp on March 19, 2014 at 11:07 PM

Any Major Dude Will Tell You…….

williamg on March 19, 2014 at 11:08 PM

We don’t need posts with numbers at night, Jazz. Just saying.

kcewa on March 19, 2014 at 11:09 PM

Had lunch with the president of my local bank today. He told me he expected to see interest rates stay low for the foreseeable future.

Oops.

trigon on March 19, 2014 at 11:09 PM

There are complicated structural reasons why we are in the longest and weakest recovery of the post WW II period.

Nothing complicated about it. Bush and Obama, and their parties in congress, have dramatically increased the costs of government. It was already costly enough and they compounded that problem. Yellen, like her predecessors, is there to see the costs are covered, and hope that most never realize they are, in fact, paying higher taxes in those higher prices for gas, food and, ultimately, everything else.

rickv404 on March 19, 2014 at 11:09 PM

Huh? Who knew?

Bmore on March 19, 2014 at 11:09 PM

crankyoldlady on March 19, 2014 at 11:07 PM

Niters and sleep well, COL. I hope tomorrow is a brighter day for us all!

Newtie and the Beauty on March 19, 2014 at 11:10 PM

I listened to ms. Yellen speak on the radio today and realized things are going as planned. I’m very happy. The dark one has it all under control.

arnold ziffel on March 19, 2014 at 11:10 PM

Walid Shoebat was on Mark Levin’s show tonight. Horrific story.

Brat on March 19, 2014 at 10:59 PM

It would appear that Shoebat and McCain have a difference of opinion on the moral rectitude of those McCain calls his friends over there.

VorDaj on March 19, 2014 at 11:01 PM

McCain Storms Out of Meeting With Syrian Christian; Fellow GOP Senator Apologises For Insane McVain’s Temper Tantrum

06 February 2014

Hell-bent on arming opposition forces in Syria—despite strong evidence that they’re run by Islamic terrorists—John McCain displayed behavior unbecoming of a United States Senator during a recent meeting with Syrian Christian leaders touring Capitol Hill.

The delegation of Syrian clergy came to Washington to raise awareness among lawmakers of the growing crisis among the region’s minority Christian community. Christians make up about 10% of the Syrian population and they are being targeted and ruthlessly murdered by radical elements of the rebel forces, according to the visiting church officials. They say the media and human rights groups in the west have been largely silent on the ordeal of the Christians in Syria.

But Senator McCain, an Arizona Republican, evidently doesn’t want to hear negative stories about the rebels he’s working to arm. So he stormed out of a closed-door meeting with the Syrian clergy officials last week. Held in the Senate Arms Services Committee meeting room, the reunion also included senators Lindsey Graham of South Carolina, Sheldon Whitehouse of Rhode Island, Richard Blumenthal of Connecticut and Joe Manchin of West Virginia. Graham is a Republican and the rest are Democrats.

McCain marched into the committee room yelling, according to a high-level source that attended the meeting, and quickly stormed out. “He was incredibly rude,” the source told Judicial Watch “because he didn’t think the Syrian church leaders should even be allowed in the room.” Following the shameful tantrum McCain reentered the room and sat briefly but refused to make eye contact with the participants, instead ignoring them by looking down at what appeared to be random papers.

The outburst was so embarrassing that Senator Graham, also an advocate of U.S. military intervention in Syria, apologized for McCain’s disturbing outburst. “Graham actually apologized to the group for McCain’s behavior,” according to the source, who sat through the entire meeting. “It was truly unbelievable.”

Besides the fact that a Syrian Islamist group is essentially steering U.S. policy, a number of domestic and international media outlets have confirmed that terrorists—mainly Al Qaeda—are running opposition forces in Syria. For instance the New York Times published a piece that reveals Islamist rebels—including the most extreme groups in the notorious Al Nusra Front, an Al Qaeda-aligned force—are running the show in Syria. “The Islamist character of the opposition reflects the main constituency of the rebellion,” the story says. “Nowhere in rebel-controlled Syria is there a secular fighting force to speak of.”

Incredibly, last month an international news agency reported that Congress secretly approved U.S. weapons flow to what officials describe as “moderate” Syrian rebel factions. The White House refused to comment on the back-door operation, but the story cites U.S. and European officials who say the weapons deliveries have been funded by the U.S. Congress, in votes behind closed doors, through the end of government fiscal year 2014.

Resist We Much on March 19, 2014 at 11:10 PM

Newtie and the Beauty on March 19, 2014 at 11:04 PM

I was known as ‘the retarded girl that can sing’-really-and my senior year I lettered in track.
At my high school-varsity letter winners were usually left alone by bullies.

annoyinglittletwerp on March 19, 2014 at 11:10 PM

Please go to Axefellow’s place. There’s going to be a message for you there. Just check in and the proprietor will fill you in. :)

thatsafactjack on March 19, 2014 at 11:04 PM

His place confuses me, I never know where anything is…

oscarwilde on March 19, 2014 at 11:11 PM

annoyinglittletwerp on March 19, 2014 at 11:07 PM

Hey, other than when I was on duty in USAF, I’ve worn metal frame avaitors (in one style or another)…

Newtie and the Beauty on March 19, 2014 at 11:11 PM

oscarwilde on March 19, 2014 at 11:00 PM

thatsafactjack on March 19, 2014 at 11:04 PM

http://sketchbook.ercles.com/contact.html

. . . wonder how many months the style sheet’s been busted. :)

. . . doesn’t matter.

Axe on March 19, 2014 at 11:11 PM

bluefox on March 19, 2014 at 10:56 PM

There are links to videos. I only embedded one and its frozen picture is fine. Also, I warn before each video that it is disturbing and very graphic.

Resist We Much on March 19, 2014 at 11:02 PM

Thanks. When Shoebat was on Levin this evening, Levin was the most quiet that I can recall. He could not hardly believe what Shoebat was saying.

Like rightscoop said, it needs to be out there. Thanks for bringing it to HA. HA gets a lot of traffic that lurks, so they will be informed too.

bluefox on March 19, 2014 at 11:11 PM

PROGRAMMING NOTE: Allahpundit is still standing in line to volunteer for the Crimean Army, but should be returning as soon as that no longer exists.

lol

Midas on March 19, 2014 at 11:11 PM

Axe on March 19, 2014 at 11:06 PM

Where am I suppose to go? which button do I push? surely not the big red one marked “Danger”…

oscarwilde on March 19, 2014 at 11:13 PM

annoyinglittletwerp on March 19, 2014 at 11:10 PM

Hanging out with the heads “protected” me pretty much after about halfway through my freshman year. I still got teased/tormented/bullied, but it wasn’t so bad after I found a group to hang out with.

Newtie and the Beauty on March 19, 2014 at 11:13 PM

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