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This Trend Is Not Your Friend

Tyler Durden's picture


As equity markets revert to their new normal BTFATH, Japanese-Yen-pinned reality, we thought a gentle reminder of the longer-term state of the real (not financial) economy would prod more than a few into the realization of just how 'encouraged' they should be by the nominal high after nominal high that is gloated over day after day...



(h/t @Not_Jim_Cramer)


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Wed, 01/15/2014 - 09:24 | 4333666 Headbanger
Headbanger's picture

The Y/Y change should be negative by now.

Wed, 01/15/2014 - 09:26 | 4333668 NoDebt
NoDebt's picture

It probably is.  The graph says 10 year moving average.

Wed, 01/15/2014 - 09:27 | 4333673 Headbanger
Headbanger's picture

I meant to say that and wonder what the 5yr average Y/Y change looks like as that is when this mess started.

Wed, 01/15/2014 - 09:34 | 4333692 I am more equal...
I am more equal than others's picture




Taxes are disposed income.....taking your money and giving it to those who hired K Street thugs who thoroughly use it for trashy purposes. 

Wed, 01/15/2014 - 09:38 | 4333705 negative rates
negative rates's picture

The trend is in.

Wed, 01/15/2014 - 11:11 | 4333923 Indian_Goldsmith
Indian_Goldsmith's picture

Fuck Reality!

Wed, 01/15/2014 - 11:50 | 4334019 InjectTheVenom
InjectTheVenom's picture

Yes !  I say, just flip the damn chart over, then everything is ok again !!   FORWARD !!

Wed, 01/15/2014 - 12:14 | 4334105 venturen
venturen's picture

should be crossed with average bonus for criminal banker bonuses

Wed, 01/15/2014 - 09:38 | 4333706 max2205
max2205's picture

Makes cents....Every  2 earner household is now  one earner if tbey got lucky

Wed, 01/15/2014 - 09:34 | 4333693 knukles
knukles's picture

Serious question....
Do the numbers include the "high" wage welfare and disability folks?
If not it's even worse and it's just plain disastrous as is......

Wed, 01/15/2014 - 11:13 | 4333935 Zadok
Zadok's picture

Using a real deflator from Shadowstats instead of Fed propaganda gives a wildly different picture to the downside that much more realistically matches my lifetime observations.

Compounding interest on the negative side is exceptionally painful.

Trend is correct, magnitude is WAY off on the optimistic side!

Wed, 01/15/2014 - 23:48 | 4336717 TheReplacement
TheReplacement's picture

Not probably.  Certainly.

You're welcome;)

Wed, 01/15/2014 - 09:42 | 4333702 JustObserving
JustObserving's picture

Growth in disposable income has been negative for years now if you use real inflation numbers instead of fake ones issued by the US BLS.  Real inflation has been 3% to 6% higher for the last decade than the official inflation.

So real disposable income has been falling rather sharply.  But with the miracle of fake statistics, you can make a silk purse out of a sow's ear and stuff it with fiat.

Wed, 01/15/2014 - 12:10 | 4334086 aerojet
aerojet's picture

It's all in where you came from, though.  I was in and out of college, a masters, and then a PhD and until age 30, I only worked like 2 years total in between school gigs.  One year, I think '99 or '00 I filed a zero tax return because, well, I had zero income that entire year.  So what was my disposable income like in the '90s compared to now?  In the 11 years since then, my income, and also my disposable income has skyrocketed.  So while I feel for the people out of work, I also think they're mostly a bunch of entitled punks who need to get off their fat asses and run a mile, then get their life back onto some kind of plan involving hard work.  And if not hard work, then at least, well, "work" of some kind.   There's simply no excuse except this learned helplessness that all the people have.  Aside from that, there is a subtle but very real age discrimination going on, but I contend that useful and dedicated people of any age eventually find ways to make real income.

My only other observation is that large multinationals are going out of their way to exploit younger workers and H1B types.  It's so damned obvious when they avoid hiring the truly talented and inspiring doers in favor of those who either don't know their worth or have an immigration status barrel they're being bent over.  Meanwhile, the executives are doing very well for themselves.  Very well, indeed. 

Wed, 01/15/2014 - 13:53 | 4334251 RKDS
RKDS's picture

H1Bs are an even bigger fraud than Obamacare.  Why weren't there 40 votes to end that program?

Thu, 01/16/2014 - 11:13 | 4337769 OceanX
OceanX's picture

"  In the 11 years since then, my income, and also my disposable income has skyrocketed.  So while I feel for the people out of work, I also think they're mostly a bunch of entitled punks who need to get off their fat asses and run a mile,"

Oh boy, you have a world of awakening ahead of you!  Only in the labor market for 11 years...  We are all ground up between the jaws of taxation and inflation.  Stay healthy my friend and keep running.  Let us know how that is working for you in another 10 years...


Wed, 01/15/2014 - 10:09 | 4333771 slaughterer
slaughterer's picture

Obamacare premiums should sink Disposable Income well into the negative region.   

Wed, 01/15/2014 - 10:59 | 4333897 Againstthelie
Againstthelie's picture

I just looked at the FRED not averaged data and indeed for the last data point from Nov it is -0.1%.

But this is the positive news!

Since the highest 1%-10% are extremely profiting from rescueing the financial ponzi scheme with money printing, the MEDIAN data, which is the useful representation for the average Joe, must be much worse.

Wed, 01/15/2014 - 09:27 | 4333669 Max Damage
Max Damage's picture

2 guys got jailed in the UK yesterday for 7 years for.........................................


Wait for it.........................................


Printing their own money, with a spare printer at the back of a shop during the holidays


Amateurs didn't even manage to print 2 million. They need lessens from Benny boy

Wed, 01/15/2014 - 09:28 | 4333674 Duke of Earl
Duke of Earl's picture

If only they had a bank that would buy unlimited amounts of their created debt....

Wed, 01/15/2014 - 09:39 | 4333714 101 years and c...
101 years and counting's picture

printing is ok, along as you use it to buy gov't bonds or, hand it over to TBTF.

Wed, 01/15/2014 - 11:37 | 4333991 Frank N. Beans
Frank N. Beans's picture

so if you're a bitcoin miner, that's okay?  That isn't "printing" money? 


Thu, 01/16/2014 - 00:04 | 4336757 TheReplacement
TheReplacement's picture

They got nailed for counterfeiting.  It is not the same as printing YOUR own currency or money. 

There may be a lesson in this.  Hmmm....

Don't trust Bitcoin.  We need to make something up that has real world value or can be backed by something with real world value.  I'm sure TPTB will allow it.  They'll have to, if they allow BTC.  If they allow BTC and don't allow Victory Gold and Victory Silver and Victory Copper (just throwing those names out there) then won't it be obvious what BTC is all about?

Why do we HAVE to use their money for everything?  Why do we HAVE to use their markets for everything?  Why do we HAVE to play the game their way at all?  We are free men.  Or are we?  If we are then let us act like it and live free, free of them.

Wed, 01/15/2014 - 11:18 | 4333948 Zadok
Zadok's picture

I guess the initiation to the elite's did'nt go well so the thought the could cut in on the action...bad choice.
The hypocrisy is breathtaking!

Wed, 01/15/2014 - 09:26 | 4333671 SlipStitchPass
SlipStitchPass's picture

Yes....but don't you just feel richer? For the first time in the history of the US we have a black man as President and he is a world citizen and he is giving us things to be proud of. We also have the largest and most diverse financial system on the globe. Team America Bitches!!

Wed, 01/15/2014 - 09:29 | 4333676 Leonardo Fibonacci2
Leonardo Fibonacci2's picture

Yeah and Al Capone should be Chairman of the Fed.  Too bad his name does not end Caponowitz

Wed, 01/15/2014 - 09:26 | 4333672 Stoploss
Stoploss's picture

The top part of my screen is cut off.


Is that a chart of Bitcoin?

Wed, 01/15/2014 - 09:31 | 4333684 Termin8or
Termin8or's picture

Who cares about income when we all are gettig rich off of bitcoin!

Wed, 01/15/2014 - 09:32 | 4333688 Cognitive Dissonance
Cognitive Dissonance's picture

I'm not sure if you are dissing Bitcoin or not with your statement, but I suspect you are. Regardless I am curious why so many people here on ZH dislike Bitcoin and the concept of a virtual currency.

I am not an advocate of Bitcoin nor have I seriously looked at Bitcoin in order to form an opinion. But with well over 90% of US dollars 'virtual', meaning not in physical currency form but just bits and bytes stored in computers everywhere, why do so many hate Bitcoin for similar reasons?

Just curious. Anyone wanna give it a go and answer?

Wed, 01/15/2014 - 09:36 | 4333695 earnyermoney
earnyermoney's picture

Maybe all the haters are paid shills for the various alphabet soup agencies of fed gov.

Wed, 01/15/2014 - 09:39 | 4333717 LawsofPhysics
LawsofPhysics's picture

Maybe we should be concerned about re-establishing some rule of law before we worry about what the next fiat mechanism will be.

So long as a realtive few can conjure billions of any fiat out of thin air, then they can move whatever "market" they like, including bitcoin or litecoin or silver or gold...

Only one rule applies now, when fraud is the status quo, possession is the law.

Wed, 01/15/2014 - 09:40 | 4333721 negative rates
negative rates's picture

But there is a law for uins, and a law for weins, and they AINT the same law.

Wed, 01/15/2014 - 09:50 | 4333740 semperfi
semperfi's picture

and once that's re-established just maybe the Constitution can be re-established

Wed, 01/15/2014 - 09:54 | 4333750 LawsofPhysics
LawsofPhysics's picture


Wed, 01/15/2014 - 10:44 | 4333855 Eeyores Enigma
Eeyores Enigma's picture

Soon BitCoin will become self-aware, merge with the NSA computer complex and takeover the drone program making it totally autonomous.

At this point it will start taking out any and all who dis the BitCoin.

Then the BitCoin will have true value.

Wed, 01/15/2014 - 10:52 | 4333873 SlipStitchPass
SlipStitchPass's picture

If someone could show me where to go to sign up to be a paid schill that would be awesome!! For as much time as I spen on these sites I could at the lease be paid by the CIA or BAC to schill. Let me give it a try and you tell me how it makes you feel.

Gold is a worthless relic. Deficits do not matter when you have the reserve currency. There is no proven manipulation. Bitcoin is going to $0.00. Your mom suck a mean dick!


Wed, 01/15/2014 - 09:39 | 4333709 knukles
knukles's picture

Maybe because they're both virtual?
Maybe because the wallets are not "secure" as presented
Maybe because the technology is available to front run and back read prior to and subsequent to encryption?
Maybe because it is an "unknown" as is "Who are those guys?"
Maybe just wary of a scam?
Maybe figuring Uncle is behind this somewhere as in transition to 100% virtual fiat?
Maybe maybe maybe

Wed, 01/15/2014 - 09:43 | 4333727 IridiumRebel
IridiumRebel's picture


Wed, 01/15/2014 - 11:05 | 4333907 prains
prains's picture

Maybe there's not enuff gerbils to spin the wheel when we convert to kerosene for power

Wed, 01/15/2014 - 11:24 | 4333945 MrPalladium
MrPalladium's picture

If Bitcoin is to be a real currency, then why is it so difficult to buy? There is all this endless hype and talk about various commercial enterprises accepting bitcoin, but no way for the masses to actually get any bitcoins without significant difficulty and financial risk. The supposed "scarcity" seems artificially imposed by a relatively small 100 or so early adopters who have large numbers of bitcoins. In fact, while surfing the exchanges yesterday to buy a few litecoins, I found that the exchanges want you to buy bitcoin and then use the bitcoins to buy litecoin, making it difficult to buy the competing currency, and attempting to use demand for competing crypto currencies to prop up bitcoin in hopes that inertia will prevent buyers of competing crypto currencies from completing the second leg of the transaction. The entire bitcoin phenomenon looks like an orchestrated publicity campaign to make its originators rich and to forestall the inevitable competition from competing crypto currencies. Curiously, the carefully engineered "scarcity" based on the illiquidity of bitcoin makes the exit rather narrow for those early adopters thereby increasing the risk of volatility and steep losses for any late purchasers.

Wed, 01/15/2014 - 12:14 | 4334107 aerojet
aerojet's picture

In other words, it is a cleverly designed Ponzi.

Wed, 01/15/2014 - 09:39 | 4333716 negative rates
negative rates's picture


Wed, 01/15/2014 - 09:44 | 4333728 papaswamp
papaswamp's picture

I can only speak for myself. It is very easily tracked, hacked, mined and stolen. It requires electricity and cannot be physically held. I'm old fashioned that way.

Wed, 01/15/2014 - 10:18 | 4333794 Manipuflation
Manipuflation's picture

Yes, but not easily mined.  Just a point of information.  +1.

Wed, 01/15/2014 - 09:49 | 4333737 dick cheneys ghost
dick cheneys ghost's picture


as I wrote in a thread last nite........the secrecy behind both the Fed and bitcoin are deeply distrubing (rothschilds fingerprints)

for me, the next form of money/currency will need to be completely transparent

Wed, 01/15/2014 - 11:29 | 4333981 Legolas
Legolas's picture

Give me shiny gold and silver.  I don't want a currency I can see through !!  LOL !



Wed, 01/15/2014 - 09:49 | 4333739 eddiebe
eddiebe's picture

Bitcoin is just another way for the PTB to manipulate. The only honest money, is gold and silver. Period. It is the only method that puts us all on an even footing across nations and person to person. 

 And to state the obvious:Of course gold and silver are not the perfect medium of exchange, but on this planet, and knowing human nature, there is no other way to keep the temptation of using currency in the employ of evil in check. 

Wed, 01/15/2014 - 09:53 | 4333748 AlaricBalth
AlaricBalth's picture

"...if you don't understand it, get rid of it."

Carter in the movie Payback

Wed, 01/15/2014 - 10:11 | 4333777 nonclaim
nonclaim's picture

"... why do so many hate Bitcoin for similar reasons?"

It has the same problems and add some more: depends on a huge infrastrucure of electricity + telecom/internet + computers which together look as a middle man (if you squint a little bit) taking his cut.

It has some technical merits and get cookie points for trying hard but it is not an alternative, as sold to us, to FRN + credit/debit cards any way you look at it.

Wed, 01/15/2014 - 10:13 | 4333783 Manipuflation
Manipuflation's picture

Sure CD but it is pretty early in the morning for said discussion.  I do think you answered your own question anyway.  I was aware of bitcoin before the first ZH article ever came out about it.  I was negative on the idea because I did not see the value.  Bear in mind, I had a face to face argument with a friend(and still is a friend) about what intrisic value is.  I postulated that BTC had no intrinsic value and he could not disagree but he also offered that this was why I was missing the point.  His point was well taken and he even convinced me to try it.  I did try BTC and eventually did so right here on ZH.

Exchanges and tranactions fees are two major problems with a crypto currency.  My argument has always been is that you need someone to be on the other side of a trade and to agree in price for it to make sense.  Bitcoin has managed to do that but can it keep doing so? 

Unhackable?  I doubt that very much but the cost of trying to hack the algo is going to be counterproductive for the next year or so.  Getting back to your point, you ask why it is any different than other centrally banked digits.  I do not see how it is.  Oh yes, I know ALL about the anonymity aspect.  Yeah, right. 

Here is Fonestar. 


Wed, 01/15/2014 - 10:14 | 4333789 Chump
Chump's picture

I didn't junk you and I don't care one way or the other about Bitcoin, but couldn't someone hate them both for that very reason?  I read that comment often here: "If you don't hold it you don't own it."

Wed, 01/15/2014 - 10:30 | 4333819 headhunt
headhunt's picture

Volatility, basically a futures market and without cash there is no respite from government oversight.

You are PWND!

Wed, 01/15/2014 - 10:30 | 4333822 TuPhat
TuPhat's picture

One man's fiat, another man's Bitcoin.

Wed, 01/15/2014 - 11:42 | 4334005 Dagny Taggart
Dagny Taggart's picture

@Cog - Organic veggies are the next sure currency thing. You can keep them, preserve them, trade them for other needs and create more with the fruits (pun intended) of your labor.

Grow accordingly.

Wed, 01/15/2014 - 12:12 | 4334095 aerojet
aerojet's picture

Because it is a scam, perhaps?

Thu, 01/16/2014 - 00:08 | 4336783 TheReplacement
TheReplacement's picture

Calling BS all over this one. I've seen you post here many times going back a long ways.

The fact that you know many of us dislike Bitcoin means you read these posts.  You have to have read the reasons why, multiple times a day for months now.  To claim you have never seen the reasons why is simply a lie by you.

Who whom do you belong?  Whose bidding are you doing?

Wed, 01/15/2014 - 09:29 | 4333678 q99x2
q99x2's picture

From peace and love not to mention orgies in the park to I'm mad as hell and not going to take it anymore to the threat of being devoured by or becoming zombies.

Is this what it means to get old.

Wed, 01/15/2014 - 10:14 | 4333787 forwardho
forwardho's picture

Give thanks that you grew up and lived during the pinnicle of U.S.

I think of all the young folks who will in no way have that chances to suceed that we did.

I look around and see a generation living in a virtual electronic world.

Thu, 01/16/2014 - 00:13 | 4336795 TheReplacement
TheReplacement's picture

Indeed.  He gets to experience getting old.  The kids today, well I doubt many of them will.  I have few hopes myself after seeing my parents worst nightmare come to life on my watch.

Ball, meet dropped.

Wed, 01/15/2014 - 09:30 | 4333681 DavidC
DavidC's picture



Wed, 01/15/2014 - 09:33 | 4333690 earnyermoney
earnyermoney's picture

Looking at the chart, seems to have rolled over starting with Tricky Dick Nixon. Rolled over a 2nd time with another ahole from Illinois.

Wed, 01/15/2014 - 09:41 | 4333723 knukles
knukles's picture

Abe Lincoln was a bottom, too?
So much fake memes taught in school these days

Wed, 01/15/2014 - 10:34 | 4333835 TuPhat
TuPhat's picture

Lincoln was the president who wasted a lot of lives on the battlefield to destroy states rights.  A necessary step before a Federal Reserve could be established with complete control over Fiat.

Thu, 01/16/2014 - 00:18 | 4336811 TheReplacement
TheReplacement's picture

Such a convenient narrative.  The south deserved to lose that war, period.  Any President in that position would have gone to war to retaliate for the attack, to stop the succession, and the liberate men in chains.  The south was stupid to have lost us states rights over the sick and evil practice of slavery.  To actually be willing to see half a million Americans die so they could own other people and rape them and work them to death.  Your whole meme about the south is utter bullshit.

Lincoln didn't destroy states rights to preserve the Union.  The south gave away states rights and fought for the right to keep slaves instead.


Wed, 01/15/2014 - 09:36 | 4333696 LawsofPhysics
LawsofPhysics's picture

Well this is rather odd, this data would appear to be tracking short term interest rates...


Wed, 01/15/2014 - 09:36 | 4333700 toady
toady's picture

I never liked the 'disposable income' phrase, or is it a concept?

"Gee, I have some income, lets go to the mall and dispose of it! "

If you don't need something, don't buy it!

Wed, 01/15/2014 - 09:39 | 4333713 kralizec
kralizec's picture

I am disposed to dispense for bang sticks and sundry items, food, booze...shit I can't dispense I can dispense easily enough and while there is still time to do so.

Wed, 01/15/2014 - 09:40 | 4333722 semperfi
semperfi's picture

my econ 101 teacher taught me:  "you don't need anything"

Wed, 01/15/2014 - 11:08 | 4333915 sodbuster
sodbuster's picture

Who needs disposable income, when you have credit???

Thu, 01/16/2014 - 00:20 | 4336819 TheReplacement
TheReplacement's picture

You don't need to poop?

Teach me!

Wed, 01/15/2014 - 10:12 | 4333779 Ness.
Ness.'s picture

That pcworld article is from 2004.  Thanks doobiemangang.

Wed, 01/15/2014 - 11:52 | 4334024 moonman
moonman's picture

Most recent document is 2008? Gee thanks


Wed, 01/15/2014 - 09:38 | 4333708 wcvarones
wcvarones's picture

It's actually much worse, very negative, for the median.  This is the mean which is skewed by the banksters and the K Street lobbyists.

Wed, 01/15/2014 - 09:39 | 4333715 Jayda1850
Jayda1850's picture

Really it all starts in 1971 with the closing of the gold window and viola! 40 years of future economic "growth" pulled forward from future generations built on nothing but ever expanding credit. I'm sure this will certainly end well.

Wed, 01/15/2014 - 09:53 | 4333749 XAU XAG
XAU XAG's picture





You took better words out of my mouth!

Wed, 01/15/2014 - 09:39 | 4333718 semperfi
semperfi's picture

nothing is going to change until the rebellion begins

Wed, 01/15/2014 - 10:03 | 4333757 forwardho
forwardho's picture

Re; nothing is going to change until the rebellion begins.

Using that metric tells us there will be no change. All communications are comprimized, It will be suppressed before it begins. It may be more accurate to say...

Nothing is going to change until the food riots begin, And the change that does come will not be good for your long term health.

Wed, 01/15/2014 - 09:45 | 4333730 SillySalesmanQu...
SillySalesmanQuestion's picture

The median is skewed by the one percenters spending on billion dollar homes, yachts, record sales of Porche's, Rolls, Ferarri's, and massive cash buying of real estate.

Wed, 01/15/2014 - 09:53 | 4333747 forwardho
forwardho's picture

Ah... Trickle down economics in action.

Wed, 01/15/2014 - 09:46 | 4333731 papaswamp
papaswamp's picture

That explains why retail sales data shows the big winners were food, drink and clothes. People are being reduced to necessities. Will be interesting to see the next savings rate level.

Wed, 01/15/2014 - 09:52 | 4333744 fijisailor
fijisailor's picture

We'll all be much happier when we have the same standard of living as the average Chinese.

Wed, 01/15/2014 - 12:54 | 4334250 Seeking Aphids
Seeking Aphids's picture

Nail firmly hit on the head by Fijisailor! We are in the process of global rebalancing that cannot be admitted by the powers that be even though they are complicit. People in NA need to develop strategies to protect their wealth in the face of this rebalancing......other than gold/silver not sure how this can be done.............

Thu, 01/16/2014 - 00:29 | 4336835 TheReplacement
TheReplacement's picture

There is a guy up above who says he learned that you don't "need anything".  0.o

He... doesn't need to poop!

Everyone is going to need TP.  Get lots of TP.  TP for my...  Not for me.  I'm going to learn how to not need to poop!!!  I'll sell you my TP for some, all of your poop and used TP.  I'll need that to compost in my garden.

Talk about a win win!

Wed, 01/15/2014 - 10:01 | 4333754 Sudden Debt
Sudden Debt's picture

so... the lower the disposable income... the stronger the recovery is like we have now?


Wed, 01/15/2014 - 10:04 | 4333762 Rising Sun
Rising Sun's picture


Wed, 01/15/2014 - 10:09 | 4333767 Mempo of Twilight
Mempo of Twilight's picture

And how much of that growth is borrowed from the future i.e. sutained by debt fueled consumption/ government spending ?

Thu, 01/16/2014 - 00:41 | 4336856 TheReplacement
TheReplacement's picture

Don't worry.  The debt is just as real as the money.  Oh wait... there is no money.  We repudiate the debt.  Then we can play USA and Indians again.  This time the Indians will be played by the people got rich off of this con job.  We'll pursue them until they sign a voluntary treaty that gives the nation everything they have except some barren wind blown spec in North Dakota.  We'll then vote to let Americans, who became poor due to this con job, move in and homestead these newly aquired lands.  We can call them... settlers.  We'll fix a price (a silver ounce per acre?) and they will make payments over time to the government in exchange for the security everyone enjoys.

Over time we will fail to provide for the Indians (the new ones).  Bad food and clothing will be delivered late.  We'll neglect them until they rise up and we can wipe them out.  Well, actually I should hope we behave better than our ancestors.

That reminds me.  We'll see what we can do for the real Indians.  We didn't make the promises but it is our country and our country does owe them something.  Some can certainly make do with acknowledgement but others have lived in dire straights for far too long.  They were a proud people who's only major fault was that they lost a war to us a long time ago.  We rebuilt Germany and Japan.  We can keep a few promises to the real Indians.

Not sure where that came from but now my real white guilt is on display.

Wed, 01/15/2014 - 10:32 | 4333814 Smegley Wanxalot
Smegley Wanxalot's picture

here's a mini chart ...

Real Disposable EBT cards per-crapita: _/¯


By the way, the only way real per-crapita income can be up a percent or 2 when the average household real income is down 8% in the past 5 years is if the average household size is down about 10% - which doesnt square with all the kids living in the basement, so either the per-crapita data is bullshit (*hard* to believe, cough) or the parents are embarrassed of their lazy loser kids (much more likely) and are not reporting them in the per-crapita figures.

Wed, 01/15/2014 - 10:57 | 4333883 IridiumRebel
IridiumRebel's picture


/\/\/\/\/\//\            /\/\/\/\/\/\/\/\/\//\                     /\/\

/\/\/\/\/\/\/           /\/\/\/\/\/\/\/\/\/\/\                     /\/\



/\/\/\/\/                    /\/\/\/\/\/\/\/\/                       /\/\/\

\/\/\/\/\/\/                  \/\/\/\/\/\/\/                       /\/\/\/\

\/\/\/\/\/\/\/\/\/\                                   /\/\/\/\/\/\/\/\/\/\


Wed, 01/15/2014 - 10:40 | 4333841 yogibear
yogibear's picture

It just means more Maserati, Porsche and Ferrari dealers for the wealthy, less dealers for the 99%.

With all that stolen wealth the 1% have to have fun flaunting it.

Wed, 01/15/2014 - 10:49 | 4333868 mt paul
mt paul's picture

the 3 ex wives


are income disposal units

Wed, 01/15/2014 - 11:18 | 4333950 XAU XAG
XAU XAG's picture

@mt paul


Did you not learn


"Once bitten, Twice shy" ?

Wed, 01/15/2014 - 11:16 | 4333942 Clowns on Acid
Clowns on Acid's picture

Hmmm...disposable income peaked just about the time Nixon took the US off of the gold standard. Then disposable income started to dive in 2007/8 just the time that Hank Paulsen (Goldman CEO, Sec of US Treasury...but I repeat myself) pushed thru TARP.  

In 1972 Nixon said (alledgedly) " We're all Keynsians now".

In 2007/8 Hank Paulsen said (allegedly), "We're all jews now".

Wed, 01/15/2014 - 11:41 | 4334001 Frank N. Beans
Frank N. Beans's picture

so the early '70s must have been an anomaly


Wed, 01/15/2014 - 11:50 | 4334018 Manipuflation
Manipuflation's picture

Well, I have been much more silent of late.  I have some old books and some old writing that is new in binding.  Sometimes you just have to read a book so I dug around and finally found John Stuart Mill's 'The Subjection of Women".

I must admit that I only made it through the first forty pages before skipping to the end where I found the tome to be the same as it was in the beginning.  I like my women, well actually just the one these days, but who really wrote this comedy?  Obviously, Gloria Steinem did not write the book but yet is considered to be a classic.  I take umbrage because it is a bitchfest of a crabby woman bitching about things that do not matter.

What I found interesting is that when I presented the book to my wife and she read a few pages, she was immediately offended not by me, but rather by the author as though it were another woman insulting her.  The most egregious issue seemed to be that a woman should stay home and wash, cook, clean and wear a dress down to her ankles whilst doing so.  I mentioned a G-string.

Wed, 01/15/2014 - 19:48 | 4335818 bunnyswanson
bunnyswanson's picture

It is essential children receive unconditional love during their formative years.  That cannot be found in institutional settings.  Allowing babysitters to introduce your children to the world, while you slave at the office because one income isn't enough, is the result of the concerted effort to break up the family.  Social engineering is underway and it is well documented.

But that is besides the point.  Today.  The family has been destroyed, homes have been lost, workers are idle and the children are being turned into puppets for a fascist govt which wants no curious minds and no competition.

Tell your wife to put on her big girl panties and take a look around, outside the door of your cozy little life.  A woman can be productive as a housewife and mother if she has an imagination.  There are ways to do great things without being tethered to a 40 hour week job, especially in today's ball-and-chain atmosphere where the best and the brightest are working for peanuts.

Chapter VI The Agrarian Revolt 145-78 B.C.


"The causes of revoltuion were many, the results were endless , the personalities thrown up  by the crisis, from Gracchi to Augustus, were among the most powerful in history.  Never before, and never again till our own time, were such stakes fought for, never was the world drama more intense.

The first cause was the influx of slave-grown corn from Sicily, Sardinia, Span, and Africa, which ruined many Italia farmers by reducing the price of domestic grains below the cost of productino and marketing.

Second, was the influx of slaves, displacing peasants in the countryside and free workers in the towns.

Third, was the growth of large farms.  A law of 220 forbade senators to take contracts or invest in commerce; flush with the spoils of war, they bought up extensive tracts of agricultural land.  Conquered soil was sometimes sold in small plots to clolonists, and eased urban strife; more of it was given to capitalists in part payment of their war loans to the state; most of it was bought or leased by senators or businessmen on terms fixed by the Senate. "

To compete with these laifundia, the little man had to borrow money at rates that insured his inability to pay; slowly he sank into poverty or bankruptcy, tenancy or the slums."

Finally, the peasant himself, after he had seen and looted the world as a soldier, had no taste or patience for the lonely labor and unadventurous chores of the farm; he preferred to join the turbulent proletariat of the city, watch without cost the exciting games of the amphitheater, receive cheap corn from the government, sell his vote to the highest bidder or promiser, and lose himself in the impoverished and indiscriminate mass."


This is history repeating itself.

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