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Chart Of The Day: When $0.99 Becomes Unaffordable, We Have A Problem

Tyler Durden's picture




 

Earlier today, fast food juggernaut McDonalds reported same store sales for the month October. At -1.8%, this number was well below expectations of -1.1%, and a drop from September's 1.9%. It was driven by a 2%+ drop in comp store sales across all locations: US, Europea and APMEA, with the US performing just as bad as Europe. Most importantly, this was the first monthly drop in MCD comp sales since March 2003! So our question is: at what point does the perpetually self-deluded US population finally admit to itself that when even 99 cent meals are no longer affordable, that this country has a problem?

Charting the last 4 years of McD sales, and eagerly looking forward to 4 more years.

 

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Thu, 11/08/2012 - 13:19 | 2960991 Thecomingcollapse
Thecomingcollapse's picture

I'm loving it!

Thu, 11/08/2012 - 13:22 | 2961005 tocointhephrase
tocointhephrase's picture

Looks like they will have to reduce the quality of the meat?

Thu, 11/08/2012 - 13:24 | 2961018 HappyCamper
HappyCamper's picture

In Colorado there's a lot of wild horses causing havoc with fragile ecosystems.

Just a thought.

Thu, 11/08/2012 - 13:27 | 2961042 john39
john39's picture

wild horse meat would be far better for you than the gmo soy and franken meat that is in mcdonalds and other fast food...

Thu, 11/08/2012 - 13:37 | 2961089 CrockettAlmanac.com
CrockettAlmanac.com's picture

Wild horses couldn't drag me to Mickey D's.

Thu, 11/08/2012 - 13:44 | 2961119 Flakmeister
Flakmeister's picture

Still posting that bullshit link from the The Daily Mail?

Thu, 11/08/2012 - 14:03 | 2961222 Bicycle Repairman
Bicycle Repairman's picture

I don't think the $0.99 price covers the necessary triple by-pass in middle age.

Thu, 11/08/2012 - 14:59 | 2961451 Lewshine
Lewshine's picture

One of the most relevant and real economic indicators you'll find on ZH or any other like space. Seriously, when the sheep can't afford a dollar meal either out of convenience or necessity, we are not far from third world living standards. The miraculous thing is how far this Banana Republic has gone to shelter the sheep from this reality...So much so, they asked for seconds when it came to the greater reason for their suffering. Therefore, what an AWESOME price to pay for justifying our racial guilt...Which thankfully, I'm exempt of.

Thu, 11/08/2012 - 15:06 | 2961483 Mad Max
Mad Max's picture

You're exempt from racial guilt?  Is this because you recognize the very concept as stupid, or because you are an alien from outer space?  Anyone who believes in the concept of racial guilt should have some, because there is NO race or ethnicity in existence that doesn't have bloody conflict in its history.

Thu, 11/08/2012 - 15:12 | 2961506 TruthInSunshine
TruthInSunshine's picture

This is happening just as many franchisees have either already or will soon be forced to shell out many McBux to completely renovate their restaurants, in some cases literally tearing down the old one and rebuilding it from scratch, to conform to McDonald's franchise agreement.

It'll take the sale of a lot of McRib Sandwiches & Shamrock Shakes to ROI that.

Thu, 11/08/2012 - 15:18 | 2961524 Kitler
Kitler's picture

We are all McFucked.

Thu, 11/08/2012 - 15:29 | 2961575 francis_sawyer
francis_sawyer's picture

McFREEgans is the next fad...

Thu, 11/08/2012 - 16:16 | 2961799 Supernova Born
Supernova Born's picture

McFood isn't even worth much McMoney.

Thu, 11/08/2012 - 17:04 | 2961970 CrazyCooter
CrazyCooter's picture

Even though I am professionally employed, I have worked part time at McDs in AK for almost a year due to necessity. Some observations:

  • Nothing is a dollar or less. Maybe it is different elsewhere. A hamburger is 1.39 and a cheeseburger is 1.59 IIRC. A small coffee is a buck.
  • McDs recently changed the menus ... and put the actual calories on the menu. Probably has something to do with it.
  • Our schedule used to print out on four pages. It is down to three. That means approximately 25% of the headcount left/quit/got fired. They never fire anyone but they are really good at running people off
  • Our traffic is seasonal, as there are many more folks in town during the summer with tourists and all. The last of them disappeared in late Sept, so just locals now.
  • They have some new "management" or "efficiency" plan-thing coming down the pike. I asked about it. They said infrastructre stays the same, but processes will change a lot. Not sure what will really happen.

Regards,

Cooter

Updte: just found this googling ... have no idea how accurate it is ...

http://vmsd.com/content/mcdonalds-redesign

Thu, 11/08/2012 - 17:58 | 2962307 blunderdog
blunderdog's picture

McDonalds is a franchise operation, so pricing at any given store doesn't NECESSARILY match on any specific item.  I suspect prices on everything in AK would be significantly higher because of the cost of shipping the food so far from the manufacturing operations.

In NYC, there are already a good number of "McCafe" layouts.  Apparently they're trying to achieve the same success that Starbuck's has had at getting people to just "sit and hang out" in some stores. 

It's interesting to note that there is at least one McDonald's with free wifi which still has signs posted that say "SEATING AREA IS AVAILABLE TO PAYING CUSTOMERS ONLY.  A TIME LIMIT OF 20 MINUTES MAY BE ENFORCED BY MANAGEMENT."

Thu, 11/08/2012 - 16:00 | 2961737 Frank N. Beans
Frank N. Beans's picture

Truth, that's what they did to the McD I go to, and I don't like the redesign at all.  You live in Phoenix?  I am talking about the one on 32nd and Shea.

Thu, 11/08/2012 - 16:14 | 2961786 Supernova Born
Supernova Born's picture

McD's is to "food", what FRN's are to "money"

Thu, 11/08/2012 - 16:38 | 2961787 TruthInSunshine
TruthInSunshine's picture

Not in AZ, FNB, but it's happening nation wide. It's also happening with Taco Bell and other fast makers & sellers of edible, food-like objects. I think it's called the "Let's totally screw over our franchisees" or "Ouch, your balls!" plan.

Pretty much the only fast food place I actually occassionally go to is In'N'Out, when I'm out west and only you guys out west have them.  It's the only place that has burgers good enough to justify the occassional sin (way better than 5 Guys, Smashburger or the other hyped shit holes, too).

I hope they don't raise their prices too much, because when I'm out west again, and thinking of going there, I may have to consult the Bureau of Lies & Manipulated Statistics' Hedonic Quality Adjustment in the CPI & be forced to settle for something less expensive.

Thu, 11/08/2012 - 18:18 | 2962367 Tijuana Donkey Show
Tijuana Donkey Show's picture

When times get desperate, big corporations do what they always do; fuck the little guy. HP and Microsoft did this in the tech sector, you crush the franchisee/VAR with massive upkeep/training/building. then make them sell out for pennies on the dollar after they financed all the CAPEX. (Micr0$oft stole all of the customers like rat fuckers, which is a little easier) Why let the franchisee keep a cut, when you can just follow the model of other big chains? Franchises  are for suckers, no one would let you take a cut of something that good, unless they are getting one over on you. Mc$$$ will screw all of them the slow way, just like the tax hikes. Clean out every dime, then take them to the glue factory.

Thu, 11/08/2012 - 22:49 | 2963131 TruthInSunshine
TruthInSunshine's picture

GM and Lincoln (deathbed Lincoln) are doing this now, as well.

In order to be designated as a "volume dealer" and get the financial bonuses from the manufacturer that go along with that, several million dollars have to be poured into the dealership in terms of renovations & upgrades. So, those who do this probably will be able to screw over those who don't/can't, because GM will allow them cash they can use to undercut other GM dealers.

Thu, 11/08/2012 - 15:17 | 2961523 holdingontomypants
holdingontomypants's picture

speaking of .99 cents got me to thinking about the recent economic boom in my small town in Maricopa Arizona where the local online newspaper highighted new construction and new business starting to grow in our small town of 40,000 (half Canadian winter visitors). They are currently building a .99 cent store and an Arrons rent forever until you may own it store side by side.

Guess .99 cent stores will be the next big stock boom and the rental store will be the next big competitor to walmart. Buy a $199 chinese made flat screen at walmart or rent the same for $1.99 per week forever.

And McDonalds is disgusting food that I wouldn't feed to my dog!

 

Thu, 11/08/2012 - 15:40 | 2961645 pavman
pavman's picture

But your dog would love it!

 

And the Dollar store stock craze started in 08 or 09.  I'm sure it'll pick up steam as the world economy takes a dump.  Hopefully that isn't from eating too much McDonald's...wouldn't want the world economy to get the runs!

Thu, 11/08/2012 - 15:54 | 2961708 economics9698
economics9698's picture

I love the angus burger.

Thu, 11/08/2012 - 16:00 | 2961735 TruthInSunshine
TruthInSunshine's picture

Anus burger? I've never tasted it but it makes sense that's the part of the cow (or possum) they use.

Anyhoo, there's a big BIG DISCOUNT ON GROUPON'D, bitchez!!!

Thu, 11/08/2012 - 16:22 | 2961816 Cathartes Aura
Cathartes Aura's picture

Goodwill Industries International INC. is working on becoming the new WalMart - where else can you buy donated stuffs at close to discount retail prices?

serving their community, building new stores in a town near you!

http://www.goodwill.org/goodwill-for-you/jobs-and-careers/

Thu, 11/08/2012 - 16:30 | 2961845 pods
pods's picture

Cath, we actually just had a new one built by us. I see a lot of people shopping there, the lot tends to have a decent amount of cars most times I drive past.

I like being able to drop stuff off there, but it is more for the selfish feeling of I am not throwing it away than true charity, if we are going to be honest.

There is another place (further away) that accepts more things and is staffed by those who it helps: drug addicts, convicts, etc. I LIKE to actually donate there.  I bring the good stuff because it is operated more like a co-opt than a business.  That is a place I take the stuff I no longer need but want someone to get use out of it.

pods

Thu, 11/08/2012 - 16:52 | 2961950 Cathartes Aura
Cathartes Aura's picture

it's just another indicator of where the amrkn economy is sliding - "international corporate charity" stores with high paid "business executives" sucking off the top of tax deductible donated items.

Goodwill Industries of the Columbia Willamette CEO Michael Miller earned $742,875 in 2011, a 3 percent raise, according to tax documents filed last month with the Oregon Department of Justice.

Last year, a Business Journal investigation found Miller was the highest-paid nonprofit executive in Oregon. His 2011 pay likely keeps him atop the list.

Last year’s No. 2. and No. 3 executives, Oregon Public Broadcasting’s Steven Bass and Mercy Corps’ Neal Keny-Guyer, respectively earned $333,670 and $319,996 last year.

http://www.bizjournals.com/portland/print-edition/2012/09/28/goodwill-in...

I don't fault anyone for donating stuff they don't want/need - but I do encourage folks to donate to local non-profits, mostly staffed by volunteers who have an interest in serving their communities. . . and I never buy from a corporate "charity" leech business.

Thu, 11/08/2012 - 18:20 | 2962375 Tijuana Donkey Show
Tijuana Donkey Show's picture

Yes, but Goodwill so sooooooooo loose with the tax writeoff reciepts. Think of the CHILDREN!

Thu, 11/08/2012 - 22:50 | 2963136 TruthInSunshine
TruthInSunshine's picture

Charity Navigator is an awesome website that allows you to find out what executives of all "non-profits" are paid. It's guaranteed to make you physically ill.

Thu, 11/08/2012 - 14:58 | 2961444 SafelyGraze
SafelyGraze's picture

I would like to see the Constitution used to protect the country’s full faith and credit,” Pelosi told reporters Wednesday. She was endorsing the idea that Obama should use the 14th Amendment — which states that “The validity of the public debt of the United States ... shall not be questioned” — to circumvent House Republicans who want spending cuts in exchange for another debt ceiling hike.

we need to protect the FF&C by increasing the credit part of it. 

Thu, 11/08/2012 - 15:28 | 2961571 Buckaroo Banzai
Buckaroo Banzai's picture

Ugh. Anything Pelosi says is stupid, or communist, or stupid and communist. Dried-up, stupid, and ugly is no way to go through life.

Thu, 11/08/2012 - 15:36 | 2961625 Manthong
Manthong's picture

Don't leave out "evil".

Thu, 11/08/2012 - 16:02 | 2961747 Uncle Remus
Uncle Remus's picture

Or reptilian.

Thu, 11/08/2012 - 17:18 | 2962119 mootsman
mootsman's picture

With catfish lips.

Thu, 11/08/2012 - 17:50 | 2962273 Ben Dover
Ben Dover's picture

Let them junk it now, but they'll come scrambling for the link when the shit comes down.

Thu, 11/08/2012 - 13:51 | 2961147 MillionDollarBogus_
MillionDollarBogus_'s picture

Where are the fast food crowd getting their food, then...???

Costco and Sam's, and eating in..??

If this is a trend, then obesity numbers may start declining...

Thu, 11/08/2012 - 13:56 | 2961173 walküre
walküre's picture

This is an answer to Michelle's prayers!

Thu, 11/08/2012 - 13:59 | 2961192 XitSam
XitSam's picture

That assumes she does.

Thu, 11/08/2012 - 15:56 | 2961716 economics9698
economics9698's picture

Sam's pizza and hog dogs are not exactly fat free.

Thu, 11/08/2012 - 16:03 | 2961748 TruthInSunshine
TruthInSunshine's picture

MillionDollarBogus gets an automatic /s. It's implied and it's also in his contract.

MDBogus, the people who formerly ate at McDonald's have decided to take their business to the Whole Foods Deli Counter, where shit's gettin' real:

Whole Foods: Shit's Gettin' Real, Yo
Thu, 11/08/2012 - 14:12 | 2961255 NotApplicable
NotApplicable's picture

Actually no, it's her worst nightmare. If problems get solved by people making their own decisions, who needs the nanny-state?

Thu, 11/08/2012 - 14:01 | 2961205 RichardP
RichardP's picture

Where are the fast food crowd getting their food, then...???

Because the economy is improving, more can afford to eat at a more upscale place.  Folks selling the cheap stuff benefit when the economy tanks, and suffer when it improves.

 

Thu, 11/08/2012 - 14:59 | 2961452 Bobbyrib
Bobbyrib's picture

Bernanke is that you?

Thu, 11/08/2012 - 15:14 | 2961510 mkhs
mkhs's picture

Dumpster diving is cheap and the quality is comparable.

Thu, 11/08/2012 - 15:54 | 2961707 OpenEyes
OpenEyes's picture

+1 from me just for the King Crimson avatar

Thu, 11/08/2012 - 15:21 | 2961539 RSloane
RSloane's picture

Ah...so according to you the economy has improved to the degree that more and more people can now eat at upscale restaurants. Glad we dogded that fiscal cliff!

Thu, 11/08/2012 - 15:56 | 2961720 nufio
nufio's picture

lol .. MDBesque

Thu, 11/08/2012 - 16:48 | 2961925 bagehot99
bagehot99's picture

So you posit that MCD is a counter-cyclical stock? Because it isn't.

People who eat four times a week at McDonald's would continue to do so if they won the Powerball.

It's not at all 'cheap', by the way, to feed a family of four at McDonald's. It costs about 25 bucks, for which you can eat very nicely at home.

 

Thu, 11/08/2012 - 18:13 | 2962347 blunderdog
blunderdog's picture

It's not at all 'cheap', by the way, to feed a family of four at McDonald's. It costs about 25 bucks, for which you can eat very nicely at home.

25 bucks for WHAT?  A "value meal" for everyone?  If you order "the meal" of whatever crap they're foisting off on you, you're ripping yourself off.  Not only do you get badly ripped off on the price of the sodas, you also end up paying for WAY too many calories for any normal-sized person.

You can feed a family of 4 at McDonald's for about $12 in my 'hood if you just use your brain a bit.  (Although to be fair, if you're eating a lot of McD's food, your brain probably isn't working as well as it could...)

Another point, of course, is that many McDonald's diners are there because it's FAST, moreso than CHEAP.  If, like most working Americans, you only have a 30 minute lunch-break, you don't have the time to go home and turn on the stove, but there's probably a McD's nearby which can fill your stomach for $5.  That's the crowd I tend to see in those places--guys in construction wear, people wearing name-tags, and folks in various blue workshirts.

Thu, 11/08/2012 - 18:26 | 2962398 Tijuana Donkey Show
Tijuana Donkey Show's picture

Here is a fine repost of a true American showing his eating sensabilities for Mc'D's. A true patriot, but I had a small heart attack just watching it. As the first poster said, wait for the belch at 8 something. http://www.youtube.com/watch?v=TOOhBeewUOE

Thu, 11/08/2012 - 19:24 | 2962569 blunderdog
blunderdog's picture

Yeah, I've seen that guy there, too.  Sometimes he brings his wife and a few kids along.  They could easily be dropping a few hundred bucks per visit.

On the bright side, we probably won't be paying for this guy's replacement knee in a few decades.  A hearty "thank you" to Youtube for helping promote and encourage this sort of behavior.  We need one of those concerted campaigns for the good of the country.

Uncle Sam wants YOU to do you part to reduce the deficit: die before retirement age!

Thu, 11/08/2012 - 14:17 | 2961271 graneros
graneros's picture

You know it's tough when Sam's Club has severely limited the amount of free food sample vendors that used to be statioed at every aisle on the weekend.  We used to go shopping and eat lunch at the same time.  Sadly those days are gone.

Thu, 11/08/2012 - 15:07 | 2961487 slyhill
slyhill's picture

Homer is that you?

Thu, 11/08/2012 - 15:34 | 2961600 graneros
graneros's picture

UUUHHHMMMM Puuurrple!  My favorite.

Thu, 11/08/2012 - 14:29 | 2961314 GCT
GCT's picture

Starvation tends to do that MDB as well.

Thu, 11/08/2012 - 14:40 | 2961361 Thoth
Thoth's picture

These figures do coincide with their voluntary decision to post calorie information on all of their menu boards.

Thu, 11/08/2012 - 16:04 | 2961755 Offthebeach
Offthebeach's picture

Waddling to McD, KFC was the only exercise the EBT/KFC/SNAP Fred shite army gets. Sitting on a SA free couch, crushing into Section 8 carrpet watching America's Got Talent isn't going to make them thinner.

Anyway, my observation is the working stiff has less money, more God, fuel costs. The disposable cash is becoming critical. People are driving cars longer, until a large repair bill comes and they take the repair money and lease a Kia.
The economic working class above welfare is better off getting 'on the dole ' as the Brits say.
Think of it of the Detroiting of the nation.

Thu, 11/08/2012 - 13:55 | 2961164 CrockettAlmanac.com
CrockettAlmanac.com's picture

You mean the the story which details how the data from both East Anglia and Berkley shows that so-called global warming plateaued fifteen years ago? I don't see that link in my post. It was about McDonald's and wild horses. You must have imagined it like you do with so many other things.

Thu, 11/08/2012 - 14:45 | 2961381 Flakmeister
Flakmeister's picture

You are truly a reincarnation of Grima Wormtoungue....

Thu, 11/08/2012 - 14:50 | 2961396 fuu
fuu's picture

Projection...

Thu, 11/08/2012 - 14:53 | 2961426 Flakmeister
Flakmeister's picture

Hardly....  Ask him if he still posts completely fabricated quotes, he appears to have wised up when I called him out on that...

Thu, 11/08/2012 - 14:57 | 2961438 fuu
fuu's picture

I still don't see a link in that post.

Thu, 11/08/2012 - 14:59 | 2961447 Flakmeister
Flakmeister's picture

Be patient, this is fight club, one at a time...

Thu, 11/08/2012 - 15:29 | 2961573 pods
pods's picture

Come on flak, "family style" can be fun? 

http://www.urbandictionary.com/define.php?term=family%20style

pods

Thu, 11/08/2012 - 15:38 | 2961630 fuu
Thu, 11/08/2012 - 16:26 | 2961828 Manipuflation
Manipuflation's picture

OK, this is page four of this thread(for now) and this pissing contest, ostensibly regarding technical analysis of spurious global temperature charts, is still going on.  Are you two married and should we care? 

Thu, 11/08/2012 - 16:31 | 2961848 Flakmeister
Flakmeister's picture

Grima likes to post fabricated claims or quotes and since he is such a slippery bastard it sometimes takes while to pin him down...

Sorry for the inconvienience....

I'll call Room Service and have someone over to tidy things up....

Thu, 11/08/2012 - 16:33 | 2961860 CrockettAlmanac.com
CrockettAlmanac.com's picture

Fight Club Rules.

 

1st RULE: You do not talk about FIGHT CLUB.

2nd RULE: You DO NOT talk about FIGHT CLUB.

3rd RULE: If someone says "stop" or goes limp, taps out the fight is over.

4th RULE: Only two guys to a fight.

5th RULE: One fight at a time.

6th RULE: No shirts, no shoes.

7th RULE: Fights will go on as long as they have to.

8th RULE: If this is your first night at FIGHT CLUB, you HAVE to fight.

Thu, 11/08/2012 - 16:48 | 2961929 Manipuflation
Manipuflation's picture

I will concede that rule #7 is in effect.  Procede.

Thu, 11/08/2012 - 15:25 | 2961553 CrockettAlmanac.com
CrockettAlmanac.com's picture

 

 

Hardly....  Ask him if he still posts completely fabricated quotes, he appears to have wised up when I called him out on that...

 

The quote in question was overheard at an AGW conference as was not recorded. That doesn't  mean that it was fabricated but I'm willing to let it go by the wayside. Because now even prominent AGW proponets have begun to admit there mistakes. Why don't you address the verified quotes by James Lovelock and Dr. Judith Curry who both state that the models were wrong and so called global warming level off fifeteen years ago?

Thu, 11/08/2012 - 15:31 | 2961587 Flakmeister
Flakmeister's picture

Answer the fucking two part question or forever loose any respect that you might have here:

Do you still stand by your statment that warming stopped as per

http://www.dailymail.co.uk/sciencetech/article-2217286/Global-warming-stopped-16-years-ago-reveals-Met-Office-report-quietly-released--chart-prove-it.html

Will you admit that the above article is flawed, intellectually dishonest and deliberately designed to mislead people?

Thu, 11/08/2012 - 15:35 | 2961611 CrockettAlmanac.com
CrockettAlmanac.com's picture

Let me get this straight. It is you who determine whom the ZH community respects and whom they do not respect. Is that right?

Thu, 11/08/2012 - 15:37 | 2961627 Flakmeister
Flakmeister's picture

Do you still stand by your statment that warming stopped as per

http://www.dailymail.co.uk/sciencetech/article-2217286/Global-warming-stopped-16-years-ago-reveals-Met-Office-report-quietly-released--chart-prove-it.html

Will you admit that the above article is flawed, intellectually dishonest and deliberately designed to mislead people?

Thu, 11/08/2012 - 15:45 | 2961666 CrockettAlmanac.com
CrockettAlmanac.com's picture

Why would I admit something that is not true? That's your forte. I don't want to step on your toes, which you may have noticed are not squishing around in the overflow of rising seas as the flawed AGW models predicted. It's as if you find the fact that billions aren't going to die from global warming is bad news.

Thu, 11/08/2012 - 15:50 | 2961694 Flakmeister
Flakmeister's picture

Go lick your master fingers Wormtongue....

Thu, 11/08/2012 - 15:58 | 2961699 CrockettAlmanac.com
CrockettAlmanac.com's picture

Your groups are getting less and less tight as time goes on. Now that's a trend I can recognize.

Thu, 11/08/2012 - 16:00 | 2961738 Flakmeister
Flakmeister's picture

Whatever Worm... Whatever...

Thu, 11/08/2012 - 16:08 | 2961769 CrockettAlmanac.com
Thu, 11/08/2012 - 16:15 | 2961792 Hippocratic Oaf
Hippocratic Oaf's picture

Nevermind Flake, Crockett. He loves to dare someone to prove something and by the end of his rants splits his gut and pisses himself. 

Then of course......he challenges you......

Ewwwwwww.........scarrrrrrrrred

Thu, 11/08/2012 - 16:33 | 2961856 Flakmeister
Flakmeister's picture

Oaf is perfect for you...

You couldn't hold Wormtongues jock when it comes to be be a lying snake...

Thu, 11/08/2012 - 15:39 | 2961639 RSloane
RSloane's picture

You think you determine anything for ZHers?

Thu, 11/08/2012 - 15:48 | 2961687 Flakmeister
Flakmeister's picture

I can definately determine for myself, do you not agree...

And would you respect a man that posted said link numerous times and yet refuses to defend his postion on it once confronted with clear evidence of malfeasance... 

The liar is cornered and he is ashamed to admit it, so the snake tries to slither away..

Wormtongue is *so* fitting a name for such a person...

Thu, 11/08/2012 - 15:54 | 2961706 CrockettAlmanac.com
CrockettAlmanac.com's picture

I answered that question at least four times in this thread. If you can't follow a simple forum discussion how can you claim a mastery of hundreds of years of climate data? I'm incredulous.

Thu, 11/08/2012 - 16:09 | 2961770 Flakmeister
Flakmeister's picture

You most certiainly did not....

Ta ta Worm....

Thu, 11/08/2012 - 19:31 | 2962584 fuu
fuu's picture

For the record in the books Grima does rise up and kill his master with a knife to the throat and is then killed by hobbits with arrows.

Thu, 11/08/2012 - 20:33 | 2962700 Flakmeister
Flakmeister's picture

Well, whoever his putative master is, it ain't me...

If you are really interested, I'd check with one of Kochs....

IIRC in Unfinished Tales, he sells out Saruman to the Nazgul  (The Quest for Erebor)...

Thu, 11/08/2012 - 20:47 | 2962747 fuu
fuu's picture

The kerosene should be closer to the spit.

Thu, 11/08/2012 - 14:49 | 2961405 CrockettAlmanac.com
CrockettAlmanac.com's picture

Grima Wormtoungue is a fictional character. Just another indication of your inability to separate fact from fiction.

Thu, 11/08/2012 - 14:54 | 2961430 Flakmeister
Flakmeister's picture

It is a great nickname for you because it is so fitting...

Thu, 11/08/2012 - 15:29 | 2961576 CrockettAlmanac.com
CrockettAlmanac.com's picture

At the very least it's good to see that you enjoy Tolkien even if you don't have a firm grasp of what the man stood for. You do realize that he was an anarchist, don't you?

 

“My political opinions lean more and more to Anarchy (philosophically understood, meaning abolition of control not whiskered men with bombs) — or to ‘unconstitutional’ Monarchy. I would arrest anybody who uses the word State (in any sense other than the inanimate realm of England and its inhabitants, a thing that has neither power, rights nor mind); and after a chance of recantation, execute them if they remain obstinate!" -- J.R.R. Tolkien, 1943

 

Thu, 11/08/2012 - 15:32 | 2961591 Flakmeister
Flakmeister's picture

Do you still stand by your statment that warming stopped as per

http://www.dailymail.co.uk/sciencetech/article-2217286/Global-warming-stopped-16-years-ago-reveals-Met-Office-report-quietly-released--chart-prove-it.html

Will you admit that the above article is flawed, intellectually dishonest and deliberately designed to mislead people?

Thu, 11/08/2012 - 15:40 | 2961648 CrockettAlmanac.com
CrockettAlmanac.com's picture

I agree with Dr. Judith Curry and James Lovelock who have stated that the warming trend ended fifteen years ago and that the AGW models were flawed. How hard is it for you to understand that? The science is settled.

 

In fact, Prof Curry said, the project’s research data show there has been no increase in world temperatures since the end of the Nineties – a fact confirmed by a new analysis that The Mail on Sunday has obtained.


‘There is no scientific basis for saying that warming hasn’t stopped,’ she said. ‘To say that there is detracts from the credibility of the data, which is very unfortunate.’

 

This graph shows that the trend of the last decade is absolutely flat, with no increase at all – though the levels of carbon dioxide in the atmosphere have carried on rising relentlessly.


‘This is nowhere near what the  climate models were predicting,’ Prof Curry said. ‘Whatever it is that’s going on here, it doesn’t look like it’s being dominated by CO2.’

 

In fact, she added, in the wake of the unexpected global warming standstill, many climate scientists who had previously rejected sceptics’ arguments were now taking them much more seriously.


They were finally addressing questions such as the influence of clouds, natural temperature cycles and solar radiation – as they should have done, she said, a long time ago.

 

 

http://www.dailymail.co.uk/sciencetech/article-2055191/Scientists-said-c...

Thu, 11/08/2012 - 16:07 | 2961766 Flakmeister
Flakmeister's picture

Worm, you posted the article saying that warming had stopped and that the chart proved it...

I posted data below to show how the chart was a deliberate misleading manipulation....

Note that August 1997 was shamelessly cherry-picked by David Rose in the Daily Mail because it gives the lowest warming trend to the present of any point before 2000....

  • The linear trend in HadCRUT4 from August 1997 to August 2012 (181 months) is 0.03ºC/decade (blue) (In GISTEMP it is 0.08ºC/decade, not shown).
  • The trend from August 1975 to July 1997 is 0.16ºC/dec (green), and the trend to August 2012 is 0.17ºC/dec (red).
  • The ten years to August 2012 were warmer than the previous 10 years by 0.15ºC, which were warmer than the 10 years before that by 0.17ºC, which were warmer than the 10 years before that by 0.17ºC, and which were warmer than the 10 years before that by 0.17ºC (purple).
  • The continuation of the linear trend from August 1975 to July 1997 (green dashed), would have predicted a temperature anomaly in August 2012 of 0.524ºC. The actual temperature anomaly in August 2012 was 0.525ºC.
  •  

    Worm is always trying to change subject, misdirection and obsfuscation...

    Now run along Worm, everybody knows that you are a chickenshit...

    Thu, 11/08/2012 - 16:12 | 2961776 CrockettAlmanac.com
    CrockettAlmanac.com's picture

    There you go claiming to speak for "everyone" again.

    Thu, 11/08/2012 - 15:22 | 2961547 RSloane
    RSloane's picture

    Looks like you got a fan, Crockett. :)

    Thu, 11/08/2012 - 15:32 | 2961592 CrockettAlmanac.com
    CrockettAlmanac.com's picture

    Unfortunately I think he might be this guy:

     

    https://www.youtube.com/watch?v=VM9mzPjcB_M

    Thu, 11/08/2012 - 15:41 | 2961654 RSloane
    RSloane's picture

    Naw. He's not that well put together. He's getting desperate though and its pretty funny to watch. I love board warriors lol.

    Thu, 11/08/2012 - 16:36 | 2961871 Flakmeister
    Flakmeister's picture

    Are you familiar with the term Toady?

    Thu, 11/08/2012 - 13:28 | 2961043 vast-dom
    vast-dom's picture

    McFucked. 

    Thu, 11/08/2012 - 13:56 | 2961180 kralizec
    kralizec's picture

    WTF?  They don't accept food stamps or EBT cards?  Doh!

    Thu, 11/08/2012 - 15:26 | 2961557 TeamDepends
    TeamDepends's picture

    'Round here you can get 4 Ramens for a buck.  We like to snort the flavor pack- better than smack! 

    Thu, 11/08/2012 - 13:31 | 2961044 hedgeless_horseman
    hedgeless_horseman's picture

     

     

    Fresh food is better. 

    Never let your meat loaf.

    I am guessing that last night's value menu cost us less than $1.00 per person, as the only thing we purchased at a store is the Idaho spud.  Cannot eat sweet potatoes every night.

    Thu, 11/08/2012 - 13:35 | 2961079 GraveyardSpiral
    GraveyardSpiral's picture

    Lets see here: Bloomberg prohibits the "high margin" soda and Michele poo-poos the burgers; what's left is what we see happening.  These folks not only voted for Obummer but they are listening to Michele and Mr. Shorty-pants too!!!  When is Whole Foods scheduled to begin accepting SNAP?

    Thu, 11/08/2012 - 13:55 | 2961152 vast-dom
    vast-dom's picture

    Homeboy in front of me was rocking his EBT card at Whole Foods. I'm feeling left out lately. I need to get me one of those cards yo!

     

    And that dead flesh meeat don't look so "fresh". That's fat people food, tomatoes and garnish notwithstanding.

    Thu, 11/08/2012 - 14:04 | 2961223 vast-dom
    vast-dom's picture

    And when all those Ronald McDonald motherfuckers start collecting benefits we're gonna see some surging unemployment numbers!

    Thu, 11/08/2012 - 15:34 | 2961601 francis_sawyer
    francis_sawyer's picture

    I'm still waiting for a picture of one of your yummy gefilte fish dinners...

    Thu, 11/08/2012 - 16:20 | 2961810 francis_sawyer
    francis_sawyer's picture

    What? Someone here doesn't like gefilte fish? Me either... I prefer catfish...

    Thu, 11/08/2012 - 13:35 | 2961080 true brain
    true brain's picture

    Not enough pink slime. More pink slime= more profit.

    Thu, 11/08/2012 - 13:37 | 2961087 CommunityStandard
    CommunityStandard's picture

    +1 on the fresh food.  Everytime there's a food quality discussion, I can always count on a hedgeless pic of last night's dinner.  Though for the sake of argument, the value is far more than $1 if you add labor hours involved, especially if you're making your ingredients from scratch.

    Thu, 11/08/2012 - 13:45 | 2961108 hedgeless_horseman
    hedgeless_horseman's picture

     

     

    ...the value is far more than $1 if you add labor hours involved, especially if you're making your ingredients from scratch.

    Have you been talking with Mrs. Horseman?  She's been bucking for a COLA raise, but I reply with Bernanke's view that there is no inflation. 

    Thu, 11/08/2012 - 14:05 | 2961227 HobbyFarmer
    HobbyFarmer's picture

    I spend an hour every morning/evening caring for my milk cow, beef cows, and chickens.  Had a good friend tell me that home grown food wasn't worth the effort in his opinion.

    Had him and his wife over for dinner.  Steaks, homegrown potatoes, corn, fresh tomato salsa, home made dairy (butter/sour cream, etc).

    A couple weeks later and he's looking for several acres to start his own hobby farm.  Asking me how to get started now.

    Home grown.  It's what's for dinner.  I can't produce a hamburger for 99 cents if you factor in my time....but on the other hand, no restaurant can produce as delicious/healthy food.

    Thu, 11/08/2012 - 14:24 | 2961290 James_Cole
    James_Cole's picture

    "I spend an hour every morning/evening caring for my milk cow, beef cows, and chickens."

    Now there's a useful friend...

    Thu, 11/08/2012 - 15:10 | 2961498 Essential Nexus
    Essential Nexus's picture

    I like how "caring for" involves occassionally killing them.  But good for you on the healthy, inflation-protected lifestyle.

    Thu, 11/08/2012 - 15:51 | 2961608 HobbyFarmer
    HobbyFarmer's picture

    Yeah, I understand the conflict.  However, most cannot understand the life my calves would have had in a factory feed lot or raised for veal.  Here they roam as a small herd on their acreage, feed on the hay I store for them, the grain I bring in from the co-op, enjoy the grass in my meadows, are treated humanely, and really loved as pets.

    And then killed for dinner.  I admit it, even knowing why I'm raising the steers, it can be emotionally hard to say goodbye.  Perhaps, at times, it is reason enough to consider being a vegetarian. 

    Until I grill a home raised steak.  That's a pretty persuasive argument toward my current arrangement.

     

    Thu, 11/08/2012 - 17:00 | 2961980 CrockettAlmanac.com
    CrockettAlmanac.com's picture

     

    Home grown.  It's what's for dinner.  I can't produce a hamburger for 99 cents if you factor in my time....but on the other hand, no restaurant can produce as delicious/healthy food.

     

    Remember that you'd have to earn about $1.35 in order to have .99 after taxes with which to pay for that burger. So you're saving more than you think plus you're slapping the man's hand as he tries to take a cut. I always think about that while I'm chopping firewood.

    Thu, 11/08/2012 - 15:07 | 2961484 CommunityStandard
    CommunityStandard's picture

    Haven't spoken with Mrs. Horseman, but you sound like one lucky dude.  Who knows, maybe I'll get lucky too?

    Guy in 20s seeking woman in 20s - prefer attractive, healthy, white, and intelligent, and NOT career focused.  Majority of time will be spent in food preparation, including but not limited to milking cows, churning butter, grinding grain, baking bread, plucking chickens, making stock, and serving plates.  Please contact for more info.

    Also seeking unicorns: just as rare.

    Thu, 11/08/2012 - 15:38 | 2961631 francis_sawyer
    francis_sawyer's picture

    Can she have a mustache or a beard?

    Thu, 11/08/2012 - 16:01 | 2961742 CommunityStandard
    CommunityStandard's picture

    Only if it's washed regularly and well-maintained.

    Thu, 11/08/2012 - 16:22 | 2961815 francis_sawyer
    francis_sawyer's picture

    Sort of like the Bernank (or Krugman)... Better be a DAMN good cook then...

    Thu, 11/08/2012 - 18:33 | 2962419 Tijuana Donkey Show
    Tijuana Donkey Show's picture

    You'll be fine, it will just tickle your balls.

    Thu, 11/08/2012 - 13:51 | 2961151 youngman
    youngman's picture

    and who takes a picture of every dinner they eat...kind of strange

    Thu, 11/08/2012 - 13:59 | 2961191 silverserfer
    silverserfer's picture

    dont let him talk you into going gto his flicker account. he does before and after pics. 

    Thu, 11/08/2012 - 15:20 | 2961533 Midas
    Midas's picture

    Jim Gaffigan watches the Food network without any pants on.

    Thu, 11/08/2012 - 13:59 | 2961197 hedgeless_horseman
    hedgeless_horseman's picture

     

     

    That is what my kids say.

    Thu, 11/08/2012 - 14:19 | 2961276 Larry Dallas
    Larry Dallas's picture

    Who? Most white males 16-37 years of age on Instagram.

    Thu, 11/08/2012 - 14:20 | 2961279 Larry Dallas
    Larry Dallas's picture

    Who? Most white males 16-37 years of age on Instagram.

    Thu, 11/08/2012 - 14:27 | 2961305 Diogenes
    Diogenes's picture

    He must be writing a cook book.

    Thu, 11/08/2012 - 14:33 | 2961338 aerojet
    aerojet's picture

    It's call a dinner pic.  It is normally accompanied by one or two firearms and some fine cutlery, though.

    Thu, 11/08/2012 - 13:41 | 2961103 JPM Hater001
    JPM Hater001's picture

    WHat the hell do you do at night.

    "Honey this looks delicious I'll have to share with the boys tomorrow..."

    lol loving it!

    Thu, 11/08/2012 - 13:52 | 2961158 walküre
    walküre's picture

    Unless that Ketchup is home made, you just spoiled that good plate of dinner.

    Ever looked at the first ingredient in Ketchup? It ain't tomatoes.

    Thu, 11/08/2012 - 13:57 | 2961182 hedgeless_horseman
    hedgeless_horseman's picture

     

     

    I cannot eat meatloaf without it. 

    Ketchup is just tomatoes, vinegar (homemade from wine bottoms), and salt.

    Got Magimix?

    Thu, 11/08/2012 - 14:02 | 2961213 pods
    pods's picture

    No Magimix, but a Vitamix.  We processed 75 lbs of garden tomatoes into 45+ quarts of delicious sauce.

    No need to skin em using the vitamix.  Also makes fantastic shakes and 10 second frozen drinks.  :)

    pods

    Thu, 11/08/2012 - 14:30 | 2961319 alangreedspank
    alangreedspank's picture

    How do you get it to be paste like ? Starch ?

    Thu, 11/08/2012 - 14:37 | 2961352 hedgeless_horseman
    hedgeless_horseman's picture

     

    You can use cornstarch, but I don't think it is necessary.  Remove skins and seeds.  Use a squeeze bottle to dispense.

    Thu, 11/08/2012 - 14:46 | 2961384 skipjack
    skipjack's picture

    Hell, the skins of organic, heirloom tomatoes have a bunch of vitamins and trace minerals in them as well that I hate to throw out.  I save some of the seeds of my tomatoes for next year, and just process the rest of the tomato including skins and seeds.  If you use Amish Paste tomatoes it's not watery at all.  Conversely, if you have more watery tomatoes, you can just cook it down to paste after blending, or dehydrate the tomatoes first.

    Thu, 11/08/2012 - 15:35 | 2961610 TheFourthStooge-ing
    TheFourthStooge-ing's picture

    The traditional way of making tomato paste in Italy is to spread the meat of paste (roma) tomatoes on a clean board and let it sit out in the sun until it attains a paste-like consistency.

    Thu, 11/08/2012 - 15:36 | 2961626 pods
    pods's picture

    Amish Paste are rockin good tomatoes.  I ran them year before last.  The only thing from a sauce perspective is they are not determinate, whereas most roma types are. So you don't get them all at once.  Nothing beats them for size though, and the taste is good enough for straight up slicing. They also tend not to suffer from BER like most OP romas.  My San Marzanos were terrible in terms of BER, I lost about half the crop.  Amish paste saved the year.  I process skins and seeds, just pop the tops and squeeze out the water.  

    Basically it is a roma the size of a beefsteak!

    pods

    Thu, 11/08/2012 - 15:46 | 2961674 silverserfer
    silverserfer's picture

    I do salsa about 40lbs a year and no need to skin tomatos. steam them and blender with rest of goodies. I also grow jalapeno, habanero and ghost pepper. I likes em spicay.

    Thu, 11/08/2012 - 18:17 | 2962361 alangreedspank
    alangreedspank's picture

    I nearly got killed by a habanero lately. I like spicy stuff, but this is way too much for my soft canadian piehole. Ruined my dinner as I had to drink tons of milk and eat peanut butter to keep from choking o_O

    Thu, 11/08/2012 - 18:35 | 2962429 Tijuana Donkey Show
    Tijuana Donkey Show's picture

    But I wager the hard part was the day after? A little Johnny Cash, with a ring of fire?

    Thu, 11/08/2012 - 14:31 | 2961326 Wannabee
    Wannabee's picture

    @hh,
    Plus 1 on the presentation.

    Thu, 11/08/2012 - 13:25 | 2961023 Lost My Shorts
    Lost My Shorts's picture

    Maybe they read ZeroHedge, where they are always ridiculed for being fat, and decided to eat organic carrots from WholeFoods instead.  Maybe it has nothing to do with price.

    Thu, 11/08/2012 - 14:48 | 2961369 tickhound
    tickhound's picture

    Maybe, but WholeFoods -5% today. 

    Look for McD's to automate further, as already done in Europe.  Move to become (more) cashless, as the drive-thru is automated and former employees become SNAP customers.   

    Thu, 11/08/2012 - 15:04 | 2961474 Mad Max
    Mad Max's picture

    Reminds me of the Carl's Jr. fast-food vending robot from Idiocracy...

    "You are an unfit mother.  Your children are being put in the custody of Carl's Jr."

    Thu, 11/08/2012 - 15:15 | 2961514 Dr. Engali
    Dr. Engali's picture

    Have you seen some of the people that frequent that place? The slack jawed eating machines can't put the food down long enough to read,let alone hit the hyperlink to the comments.

    Thu, 11/08/2012 - 13:25 | 2961024 exi1ed0ne
    exi1ed0ne's picture

    You think that's meat in there?  LOL.

    Thu, 11/08/2012 - 14:00 | 2961202 Bicycle Repairman
    Bicycle Repairman's picture

    There's ammonia in there.  Enjoy.

    Thu, 11/08/2012 - 13:25 | 2961027 gamera9
    gamera9's picture

    Bring back pink slime!!!

    Thu, 11/08/2012 - 13:30 | 2961059 Lost Wages
    Lost Wages's picture

    I noticed both Burger King & McDonald's raised their Double Cheeseburger prices after they got rid of pink slime. When your expenses are only for pink slime and salt, it keeps cost lower and provides a better profit margin. When you have to get so-called "real ground beef," it is hard to undercut places like In-N-Out & Five Guys.

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