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Record Number Of People Say They Are Paying More For Groceries Now Than Ever Before

Tyler Durden's picture




 

Somehow even as all that deflation in home prices continues, like perfectly joined communicating vessels, countervailing inflation continues seeping into pretty much every other aspect of society. But don't take our word for it, (or even gold's, which is just under all time record notional highs): according to Rasmussen, "Americans nationwide continue to lose faith in the Federal Reserve Board to keep inflation under control, with the number who say they are paying more for groceries now at an all-time high." Specifically, "93% of adults report paying more for groceries now than they did a year ago, the highest finding to date. Only four percent (4%) say they’re not paying more for groceries now compared to a year ago.  Prior to the latest results, the number that said they are paying more for groceries ranged from low of 75% in April 2010 to a high of 91% in May of this year." However, since many of these same adults are transferring intangible "savings" from their non-payable mortgage check courtesy of a home market that has now ground to a halt for over 6 months, aka squatters rent, to pay for staples, few really mind. They just like to bitch and moan about it because it means fewer Apps downloaded for the iPad.

What is probably just as interesting, is that when it comes to trusting the Fed: that source of unlimited liberal policy, Democrats, as is to be expected, are far more confident that the Fed can keep inflation under control. Or, in other words, have faith that it can do anything at all correctly: a faith that has long since been lost virtually in every other segment of society. Not surprisingly, those whose money is in the market, and are invested in the US, are also hoping the Fed knows what it is doing. Then again as we presented recently, this is a very paltry number on a relative basis, one can see why the bulk of the population is starting to loathe Bernanke and all he represents with a vengeance:

Democrats hold more confidence in the Fed to keep inflation under control and interest rates down than do Republicans and adults not affiliated with either major party.

 

Investors are slightly more confident than non-investors that the Fed can handle both of these matters.

Yet no matter how they feel about hopium, when it comes to moneyum, everyone is angry:

But strong majorities of adults from all demographic groups agree they are paying more for groceries now than they were a year ago.

 

These findings add to a string of survey findings showing very negative perceptions of the economy among Americans.

Speaking of confidence, there is none:

Confidence among Americans in the stability of the nation’s banking industry has hit rock bottom.

 

Overall consumer confidence as measured in the Rasmussen Consumer Index is now hovering above the lowest levels of the post-9/11 era.

Bottom line, some may be surprised to see that a media campaign focused on bashing Perry and his incendiary anti-Fed remarks, may backfire massively:

The latest Rasmussen Reports national telephone survey of American Adults shows that just 31% are at least somewhat confident that the Fed will be able to keep inflation under control and interest rates down, and that includes only eight percent (8%) who are Very Confident. Sixty-five percent (65%) are not confident the Fed can keep inflation and interest rates under control, with 25% who are Not At All Confident. (To see survey question wording, click here.)

 

Prior to the latest survey, overall confidence in the Fed to handle inflation and interest rates ranged from a low of 32% to a high of 41%. The number who hold no confidence at all is now at its highest level in nearly two years.

Indeed, this is already happening:

Texas Gov. Rick Perry took a double-digit lead over former Massachusetts Gov. Mitt Romney and Rep. Michele Bachmann (R., Minn.) in a Rasmussen Reports survey taken Monday night, two days after Mr. Perry joined the race.

 

The poll showed Mr. Perry, who entered the race on Saturday, had the support of 29% of likely GOP primary voters, while Mr. Romney had 18% and Ms. Bachmann, who won the Iowa straw poll, garnered 13% of the vote.

 

Scott Rasmussen, the founder and president of the polling firm, attributed Mr. Perry’s high marks in part to excitement surrounding his entry into the race.

 

“Gov. Perry is enjoying a bounce from entering the race at precisely the right time,” Mr. Rasmussen said in a summary of the poll.  “Now the difficult part begins for the new frontrunner.  It’s much easier winning support when people are hoping you will get in the race, than retaining support when you are the frontrunner.”

(Naturally Ron Paul somehow as usual did not make the cut: Rounding out the field, the poll showed Texas Rep. Ron Paul received 9% of the vote; businessman Herman Cain, 6%; former House Speaker Newt Gingrich, 5%; former Sen. Rick Santorum of Pennsylvania and former Utah Gov. Jon Huntsman each got 1%.)

The take home message here is that i) deflation, especially for things that people need, is rampant, ii) everyone loves the Fed, and iii) sarcasm is a popular trope on the pages of Zero Hedge.

h/t John Lohman

 

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Tue, 08/16/2011 - 19:05 | 1567111 baby_BLYTHE
baby_BLYTHE's picture

Tyler,

Is it safe to say ZH has officially endorsed Ron Paul for president 2012?

Don't want to put words in ur mouth, but if true that would be sweet!

Tue, 08/16/2011 - 19:34 | 1567178 Vic Vinegar
Vic Vinegar's picture

All I know BB is that I’m voting for you come the 2028 election… I’ll even be your campaign manager…let me be the Axelrod to your Barry.

Think on it.

Tue, 08/16/2011 - 19:36 | 1567179 legal eagle
legal eagle's picture

Missed you on the actual Ron Paul post, knew you would show up.

Tue, 08/16/2011 - 22:56 | 1567727 krispkritter
krispkritter's picture

BB...the original Ron Paul girl.  Here's another one: http://www.youtube.com/watch?v=nHP2Jw_Zo5o

Wed, 08/17/2011 - 00:03 | 1567903 trav7777
trav7777's picture

girl?  Uh yeah, color me skeptical

Tue, 08/16/2011 - 20:18 | 1567262 nmewn
nmewn's picture

And he got a little dig in on the Bernank, for good measure.

He called him a traitor.

"If this guy prints more money between now and the election—I don't know what y'all would do to him in Iowa, but we would treat him pretty ugly down in Texas," Perry said. "Printing more money to play politics at this particular time in American history is almost treacherous, or treasonous in my opinion."

Oh my ;-)

Tue, 08/16/2011 - 21:06 | 1567425 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

"Almost!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"  Yes, like almost pregnant.     

Don't fall for this phony balogne!

Tue, 08/16/2011 - 22:35 | 1567684 nmewn
nmewn's picture

"The penalty for not participating in government is to be governed by your inferiors." Plato

These assholes are my inferiors Tuco.

Tue, 08/16/2011 - 23:10 | 1567767 MsCreant
MsCreant's picture

nmewn,

I don't even get a paper ballot where I vote. My vote does not count, even if I pay attention to the muppet show and prefer Kermit over Ms. Piggy.

Tue, 08/16/2011 - 21:25 | 1567485 rosiescenario
rosiescenario's picture

"we would treat him pretty ugly down in Texas"

 

....and by that he means a 'Texas sleigh ride'.....which you may have read about a few years ago...

Tue, 08/16/2011 - 21:03 | 1567414 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

In reality Rick Perry is not a Texan nor an American. He is a "globalist"!  He sold his soul years ago.

Tuco

Wed, 08/17/2011 - 00:38 | 1567990 Cathartes Aura
Cathartes Aura's picture

Texans voted him in tho' - go figure!

Tue, 08/16/2011 - 18:02 | 1566910 Debtless
Debtless's picture

Exactly what america needs is another texas asshat cowboy fellating the oil companies. That'll fix it all. Fuck you texas and the horse y'all rode in on.

 

Tue, 08/16/2011 - 18:06 | 1566931 Long-John-Silver
Long-John-Silver's picture

Texas and the 13 Confederate States should just succeed again. This time just leave them alone.

Tue, 08/16/2011 - 21:28 | 1567493 rosiescenario
rosiescenario's picture

"Texas and the 13 Confederate States should just succeed...".......well, that is better than failing but I think you meant to say secede?????

Actually if a few states seceded, D.C. might get the message.

Tue, 08/16/2011 - 21:44 | 1567541 mayhem_korner
mayhem_korner's picture

Of course, the ones worthy of secession are net payers into the Fed Gubmint.  Too bad we couldn't cut loose CA, IL, and RI (which I think should be just a city anyway).

Tue, 08/16/2011 - 22:27 | 1567659 Bananamerican
Bananamerican's picture

"Texas and the 13 Confederate States should just succeed again."

remind me...when was the last time?

Tue, 08/16/2011 - 18:13 | 1566950 John Law Lives
John Law Lives's picture

"Fuck you texas and the horse y'all rode in on."

Don't be too upset if Perry wins the GOP nomination.  Obumble must not be reelected.  Perry can beat him.

Tue, 08/16/2011 - 18:17 | 1566960 Debtless
Debtless's picture

Sure he can. More of the same though. R. Paul can beat him too, if the Repubes weren't such pussies for substantial change.

Tue, 08/16/2011 - 18:33 | 1567012 gunsmoke011
gunsmoke011's picture

Not going to defend Bush or Support Perry - but I gotta say Debtless - you have a Big Fucking Mouth. Why don't you have a Tee shirt printed up that says Fuck Texas and The horse Ya'll Rode In On and visit our state. let me know how it works out for you!

Tue, 08/16/2011 - 18:41 | 1567036 Debtless
Debtless's picture

Doesn't change the fact that your asshat cowboy leaders are no good for america. As for visiting texas, thanks but no thanks - you keep it.

Tue, 08/16/2011 - 18:49 | 1567061 1100-TACTICAL-12
1100-TACTICAL-12's picture

Dad wont let you use the car or what? Come on down here and talk your shit..

Tue, 08/16/2011 - 21:00 | 1567404 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

Tyrants have no geographical boundaries!             Tuco

Tue, 08/16/2011 - 22:29 | 1567666 Bananamerican
Bananamerican's picture

"Perry can beat him"

Perry can go beat himself....

Tue, 08/16/2011 - 19:07 | 1567118 Rastadamus
Rastadamus's picture

Fuck Texas.

Tue, 08/16/2011 - 20:23 | 1567281 nmewn
nmewn's picture

Start with just one and work your way up to it ;-)

Tue, 08/16/2011 - 20:32 | 1567311 legal eagle
legal eagle's picture

Go to Dallas regularly for business, the city is alright, but Texans have had their IQs squeezed out of them by those tight bluejeans and fucktard boots.  The Macho Bullshit is so grade school.....ew, I have a bigger gun then you...... 

Tue, 08/16/2011 - 21:10 | 1567442 gunsmoke011
gunsmoke011's picture

You may have been watching re runs of Dallas - but having lived here for almost 15 years now, I can tell you that "Tight Bluejeans" and "Fucktard Boots" are FAR from the everyday attire in Dallas. Nice Try - but you must not have gotten past the Old West Museum. As for "Macho Bullshit" and world class rudeness - try Philly or N.Y. City. I guess at the end of the day - if you don't like Dallas and the people there - then we would have no problem with you not returning - we already have too many Yankee Transfers and too much traffic as is.

Wed, 08/17/2011 - 02:58 | 1568111 indio007
indio007's picture

I have to confess Dallas has the most polite homeless people I've ever come across. They where beggng for change like the Matre D at the Four Seasons seats a table.

Tue, 08/16/2011 - 18:32 | 1567007 IQ 145
IQ 145's picture

If that idiot gets the nomination, I'll vote for Obamma!

Tue, 08/16/2011 - 22:30 | 1567670 Bananamerican
Bananamerican's picture

I'll "succeed"

Wed, 08/17/2011 - 09:39 | 1568623 RKDS
RKDS's picture

No kidding, what do people think electing another globalist puppet over the one we already have would solve?  Those who want to continue pretending Perry is a conservative had better keep their eyes and ears shut from here to the election date.

Tue, 08/16/2011 - 18:58 | 1567085 Young Buckethead
Young Buckethead's picture

Only if he's related to King John.

Tue, 08/16/2011 - 20:19 | 1567267 ThisIsBob
ThisIsBob's picture

 

Our choice will be be Obama or Perry?  Lord, are we fucked.

Tue, 08/16/2011 - 21:31 | 1567502 rosiescenario
rosiescenario's picture

Rather than whining about the glass being only 1/8 full, lokk at it as a no-brainer shorting opportunity.

Tue, 08/16/2011 - 22:31 | 1567672 Bananamerican
Bananamerican's picture

"Our choice will be be Obama or Perry?  Lord, are we fucked"

erotic, isn't it?

Tue, 08/16/2011 - 20:19 | 1567268 ThisIsBob
ThisIsBob's picture

 

Our choice will be be Obama or Perry?  Lord, are we fucked.

Tue, 08/16/2011 - 20:34 | 1567316 legal eagle
legal eagle's picture

I have been arguing for a long time that a parlimentary system is needed.  Why do we install it in every nation we conquer (and mean set free, right) and have this lousy two party bicameral model with a supreme executive and no choice for voters?  Our system is seriously flawed.

Tue, 08/16/2011 - 20:58 | 1567397 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

demons in a pod!

Tue, 08/16/2011 - 20:57 | 1567394 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

Yes,     "FILL THE VOID!!!!!!!"                      VOTE RON PAUL

Tue, 08/16/2011 - 17:59 | 1566893 The Peak Oil Poet
The Peak Oil Poet's picture

 

as asset prices crash and burn
and milk and bread costs rise
the net effect is just the same
for us it's no surprise

(reposted from http://www.zerohedge.com/article/us-economy-rip-deflation)

http://thepeakoilpoet.blogspot.com/2011/07/flations.html

 


Tue, 08/16/2011 - 18:00 | 1566896 gwar5
gwar5's picture

Heard on the street:

"Paying a lot more for groceries. Can't wait until gas goes back up to $4 gallon, food seemed cheaper then." -- Mother of five.

 

Tue, 08/16/2011 - 18:01 | 1566903 Hannibal
Hannibal's picture

But, but inflation CPI is around zero. wtf

Tue, 08/16/2011 - 18:54 | 1567082 navy62802
navy62802's picture

Obviously the BLS computers do a better job at "juggling the basket" than any human consumer can. See, it's the consumer's fault because the consumer is human and thereby inferior to the statistics.

Tue, 08/16/2011 - 20:53 | 1567384 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

Latest revision to CPI calculation formula deletes everything but air.  Three bills to tax air now making their way through congress.               Tuco

Tue, 08/16/2011 - 18:01 | 1566904 john39
john39's picture

the bankers will soon burn the FED as a sacrafice, its job well done.   They will use the occaison to bait the citizens into accepting something new that they will roll out.   but the sheeple will refuse to believe it.  The see the FED as THE enemy, not the tool of the bankers that it is...  when no longer needed, it will be discarded, for something far worse, rest assured.

Tue, 08/16/2011 - 20:51 | 1567378 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

Prescient!

Tue, 08/16/2011 - 18:01 | 1566905 Convervative Co...
Convervative Connection's picture

The key is to look at products that claim "New Low Price". Chances are, the price IS lower, but they also shrunk the amount of product, usually without any changes to the packaging (other than the weight listed). Within 1 year, the price will be back to what it was before the "New Low Price". Based on the down-sizing and the fact that few people unit price compare, it's a "stealth" 10-15% annual increase.

Tue, 08/16/2011 - 22:32 | 1567677 Blano
Blano's picture

Kroger does that "New Low Prices" shit but I paid enough attention to see that the prices were STILL higher than they had been previously.  AND some package sizes had decreased, or the bags were half full.  Bastards.

Tue, 08/16/2011 - 18:02 | 1566908 fyrebird
fyrebird's picture

I think it's strange to claim that people "continue to lose faith in the Federal Reserve Board" when most of those same people couldn't tell you what the Fed is, least of all what it does, and nothing at all about how Fed policy impacts inflation numbers or the price of Pringles.

People know their shit is getting expensive. Starting with fuel. And that their salaries and assistance checks aren't holding up under price pressures. They are frightened and confused. The less educated among them will start blaming Latinos, Blacks, Joos, Gays and single moms a long time before they arrive at ZH to learn about how all this actually lands at the feet of the Federal Reserve in NY.

I'm with James Kunstler on this one; the middle ain't gonna hold.

Tue, 08/16/2011 - 19:03 | 1567110 navy62802
navy62802's picture

I'd be willing to bet that on the whole when people go to the grocery store and see higher prices they just get pissed off at the grocery store. This is because the general US population is collectively dumb as a rock. Which is why we find ourselves in the position we are in right now. These are the people we have voting in elections, so it's no wonder we have idiots running the government. An unthinking, uneducated electorate is the most serious threat to the United States.

Tue, 08/16/2011 - 19:57 | 1567226 gunsmoke011
gunsmoke011's picture

Well Said

Tue, 08/16/2011 - 21:34 | 1567507 rosiescenario
rosiescenario's picture

..the average American urbanite thinks beef comes from Safeway...

Tue, 08/16/2011 - 19:16 | 1567138 andybev01
andybev01's picture

By the time they land at ZH we'll all be 'disappeared' and this will be a black hole in cyberspace.

Tue, 08/16/2011 - 18:03 | 1566909 Long-John-Silver
Long-John-Silver's picture

This just in from Wells Fargo. How many times have they told us this?

Gold Market Is a ‘Bubble Poised to Burst,’ Wells Fargo Says

Link opens in new window.


Tue, 08/16/2011 - 18:12 | 1566944 kito
kito's picture

funny, and which anti-gold investor owns massive amounts of wells fargo stock, and recently bought more?

http://www.kcci.com/r/28884464/detail.html

Tue, 08/16/2011 - 19:16 | 1567135 Threeggg
Threeggg's picture

Two things I see in that Bloomberg lie.

“There could be substantial risk to gold once the fear that the world is coming to an end subsides,” Junkans said in a telephone interview from Minneapolis.

He never say's when this will end ?

About 60 percent of clients surveyed by UBS AG expect gold to be trading above $1,800 by the end of this year. The survey was conducted in the first two weeks of August, the bank said.

Who's fibbin ?

Tue, 08/16/2011 - 18:14 | 1566949 ForWhomTheTollBuilds
ForWhomTheTollBuilds's picture

Thank God we have such fine stewards of thought and reason looking out for us.

 

They should repost their warnings about a housing bubble and a dotcom bubble so we all bask in the fullness of their credibility.

 

How long until the gold buyers are painted as the ones who caused the system to collapse?  Seriously, I'm asking. 

You know they won't just let us win.  We are still (somehow) the running joke of the investment world, but someday soon the media is going to set about to convince the people currennly laughing at us that we need to be robbed to set the world right.

Tue, 08/16/2011 - 19:03 | 1567105 Bicycle Repairman
Bicycle Repairman's picture

"How long until the gold buyers are painted as the ones who caused the system to collapse?  Seriously, I'm asking. "

It will happen and the accusation will include the word "hoarder".

Tue, 08/16/2011 - 21:36 | 1567513 rosiescenario
rosiescenario's picture

"How long until the gold buyers are painted as the ones who caused the system to collapse? "

 

...that comes right after the shorts are tarred and featthered....

Tue, 08/16/2011 - 18:37 | 1567026 IQ 145
IQ 145's picture

Oh, good now we don't have to worry about that for the next six months or so. These big Bank's analysis and market insight thingies are published on a daily basis; but they're virtually never right. I used to read the one from the SNB in the morning and then laugh outloud. They couldn't predict rain if they were looking straight up a big dark cloud.

Tue, 08/16/2011 - 18:04 | 1566917 FunkyMonkeyBoy
FunkyMonkeyBoy's picture

Not too worry.

Barry eats well.

Wall street eats well.

The Fed eats well.

You'll never see a hungry or homeless Jew either (not until their host nation has wised up at least)

Tue, 08/16/2011 - 18:07 | 1566934 legal eagle
legal eagle's picture

Yes, all of those Jews in Germany and the Soviet Union were well fed, even if their ribs stuck out like Bachmann's corn dog.

Tue, 08/16/2011 - 18:12 | 1566946 Seasmoke
Seasmoke's picture

come join us in the 21st century

Tue, 08/16/2011 - 18:34 | 1567013 blunderdog
blunderdog's picture

See--the real proof that Jews are evil and the root of all economic problems is that 70 years ago, they killed and/or drove most of them out of Europe, and that's why the European economies are so productive and strong these days, and putting the US to shame.

But hey, given that such a small percentage of the population can wield such tremendous power and control over EVERYTHING is pretty definitive proof they're a vastly superior race, so maybe if we poor goyim just find a way to compete we'll be able to fix all the problems they've created.

Tue, 08/16/2011 - 19:40 | 1567186 legal eagle
legal eagle's picture

You dont think the Jews are bankers in the EU?  Really?  You do not think banks are global?  Who is living in the past here?

Hatred is the root of all evil.  Greed is neither a good nor bad, but taken to extremes.....

Prejudice is indicia of a little mind.

 

Tue, 08/16/2011 - 19:55 | 1567221 kito
kito's picture

either im confused or youre confused.

Tue, 08/16/2011 - 19:50 | 1567210 GFKjunior
GFKjunior's picture

whaaa???

Tue, 08/16/2011 - 20:02 | 1567235 blunderdog
blunderdog's picture

In for a dime, in for a dollar.  If you're going to buy into batshit racist mythologies, go all the way, that's my attitude.

So sure, let's say blacks are violent, stupid, and like fried chicken, but only if we also admit they all have huge dicks and put everyone to shame at basketball.

Jews control all the banks and media and governments...thus they are obviously superior at exploiting all the other races/ethnic-groups on Earth.

It's really pretty simple, if you just think it through.

I'm not a Jew, myself, but maybe one of them could explain it better with his superior brain.

Tue, 08/16/2011 - 20:09 | 1567241 nmewn
nmewn's picture

I think one was snark and one was not...decisions, decisions...lol.

You gotta remember ZH is international...some still derive great sport from kicking around one race/culture.

These are the ones that are unusually silent when Assad slaughters his own people or when the rah rah "democracy" cheering slips into the abyss Egypt ;-) 

Tue, 08/16/2011 - 20:47 | 1567367 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

Jews are terrific at business.  I have seen greed across all ethnic spectrums.

Tue, 08/16/2011 - 21:37 | 1567518 rosiescenario
rosiescenario's picture

...porn dog....did she deep throat that thing? I missed the video.

Tue, 08/16/2011 - 18:17 | 1566961 fyrebird
fyrebird's picture

You are one of the reasons I don't come here much any more, and changed my account before I did so. And I'm not even a Jew. You just sort of turn my stomach, on general principles. Enjoy your hour of wickedness. But understand there comes a mean fire that burns all these things when it comes.

Tue, 08/16/2011 - 18:42 | 1567037 Vic Vinegar
Vic Vinegar's picture

Good points fyrebird.  But they point back to Cog Diss's bigger question: why does anyone keep coming back here?

I think it's therapy for everyone who comes back.  FMB just needs to hate as part of his therapy.  So it goes.

Tue, 08/16/2011 - 19:20 | 1567147 andybev01
andybev01's picture

...and the huge gazongas.

Tue, 08/16/2011 - 19:51 | 1567212 Vic Vinegar
Vic Vinegar's picture

Hence why it’s such a tragedy with what happened to RobotTrader.  I remember the days of seeing Shay Lauren putting on her jeans like it was yesterday…

Tue, 08/16/2011 - 19:39 | 1567188 RockyRacoon
RockyRacoon's picture

Sport.  I come here for sport.  Oh, and all the news that's fit to read.   But mainly sport.

Some of the dorks who comment are such easy pickin's.

Tue, 08/16/2011 - 19:52 | 1567215 Vic Vinegar
Vic Vinegar's picture

Good points.  While it seems the quality of commenter here is quite high, I guess if there’s a sucker born every minute, that maybe there’s a new sucker coming onto this site every minute…

Tue, 08/16/2011 - 23:31 | 1567813 RockyRacoon
RockyRacoon's picture

You shoulda been here a couple of years ago.   The depth of comment was many times greater.   More economics, less politics and its accompanying racial and ethnic incoherence.   Well, that's what I remember anyway.

Wed, 08/17/2011 - 02:03 | 1568073 Vic Vinegar
Vic Vinegar's picture

I was here two years ago.  The problem was I came to this site with Ron Insana's "Message of the Markets" in one hand and Cramer's "Mad Money" in the other.  I was scared shitless when I was reading what Tyler was writing and what was being told in the comments section.

That said RobotTrader's pics always made swallowing the medicine easier :-)

Wed, 08/17/2011 - 02:09 | 1568077 Vic Vinegar
Vic Vinegar's picture

Just one quick thought regarding your correct observation re: the changing of times in the comments section here.  Times have changed because it's all been said on Zero Hedge.  Sure, someone can come on here and opine on the latest bit of economic data for the benefit of others, but consider all the "great debates" to be had have been had.  There really are only two things left to talk about, but they will be there for the rest of our lives:

  • Peak oil...people are going to believe what they want to believe
  • How does man govern himself...the answer is he cannot
Tue, 08/16/2011 - 21:03 | 1567411 karzai_luver
karzai_luver's picture

You dopes are wishing and a hoping for fmb to fry via some cosmic fairy tale fireball and he is the hater?

 

hahaha

 

superior dance much  bitchzzzzz.

 

 

 

Tue, 08/16/2011 - 20:01 | 1567234 spdrdr
spdrdr's picture

Testify!   The nascent hatred amongst those who probably consider themselves part of the intelligensia here on ZH is frankly alarming. 

When the plebs start wondering and hating, I suspect that the Jews are going to fight back this time - and deservedly so!  Never again! 

I have enormous respect for the Jewish people, and particularly those in Israel. 

So, as far as I am concerned, you thinly-disguised Jew-hating arseholes can all fuck off and die.

/rant off

Tue, 08/16/2011 - 20:45 | 1567352 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

Jeeper Creepers, he made a Jewish American Princess joke.  Are we so thin skinned that we can't laugh at ourselves anymore!? Lighten up gang. Hell, I tell Mexican jokes.    Tuco

Tue, 08/16/2011 - 23:30 | 1567809 spdrdr
spdrdr's picture

I was responding to fyrebird @ 18:17, and adding my concerns to FMB who originally commented:

"You'll never see a hungry or homeless Jew either (not until their host nation has wised up at least)"

I'm afraid that I cannot identify the "Jewish American Princess" joke at all. Can you elucidate? 

 

Tue, 08/16/2011 - 21:13 | 1567437 MsCreant
MsCreant's picture

I wonder who the Phoenix really is... ;-)

Hope I have not been too offensive. My humor is not about color, but it sure is off color!!

Tue, 08/16/2011 - 19:59 | 1567231 kito
kito's picture

my best friend is jewish. and he gets hungry quite a bit. he asks his wife, a real jewish american princess, to make something for dinner....and she went ahead and made reservations!!! HA HA!!! get it, made, HA HA..dinner...HA HA!!!

Tue, 08/16/2011 - 20:42 | 1567339 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

+1

Tue, 08/16/2011 - 22:38 | 1567688 Blano
Blano's picture

A couple jokes told to me by a Jewish guy:

What do you call a half dozen Jewish women in a basement??

A whine cellar.

AND

What's a Jewish woman's favorite wine?

"When are we going to FLORIDA???"

Tue, 08/16/2011 - 18:04 | 1566919 JW n FL
JW n FL's picture

http://www.youtube.com/watch?v=kUyutryL_SY&feature=feedlik

This week Max Keiser and co-host, Stacy Herbert, observe the British shock that there is no society. In the second half of the show Max talks to former bank regulator, William K. Black about the absence of justice for banking crimes and whether or not the population plays a role in demanding this justice.

Tue, 08/16/2011 - 18:32 | 1567006 Vic Vinegar
Vic Vinegar's picture

JW,

Why do you sometimes go in like this, having only one post, but at other times go in all guns blazing, firing off epic infowarrior comment after another?  Why the inconsistency?  Inquiring minds want to know.

Tue, 08/16/2011 - 19:21 | 1567150 andybev01
andybev01's picture

Eventually the meds wear off.

Tue, 08/16/2011 - 22:41 | 1567697 JW n FL
JW n FL's picture

you repugnants are such petty, small minded people..

nothing to share other than bitching..

self centered, when there is NOOOOOOOOOOO! reason for any of you to be that in love with yourselves..

and more to the point, boring.

I dont care how little your dick is, I dont care how big your ego is and I can NOT! Stand how you think of no one but yourselves.

Tue, 08/16/2011 - 20:03 | 1567237 JW n FL
JW n FL's picture

that video was so well done that i had to share it..

i think that Billy Bob is far more interesting than i am.. given he was a prosecuter during the SnL Crisis.. and the fact that he kept up with the robbery going on.. makes what he has to share priceless.

other than that Vic? I dont know.. I just do whatever I want whenever I want.. I dont have a script.. unless I am trying to put together some mee mee's that would hold water.. which I honestly had very little luck with.. but I gave it a try.

telling the truth is not enough.. people also have too want to hear the truth that is being explained to them.. it is far harder than one might think.. people dont like the truth.. then they dont like you and then they dont want to know or be bothered.. it is the single greatest waste of my time I can remember, honestly.

so.. sorry to disapoint if I am not on full blast all the time.. I do have to walk the dogs.. take phone calls.. pass out doggie cookies! but I will always try to keep the info flowing.. if people can not be bothered with the truth?? what am I too do? that I have not already done for them?

Wed, 08/17/2011 - 05:07 | 1568165 ZeroPower
ZeroPower's picture

Enjoy Keiser's stuff from time to time, but that was one of the worst arguments the woman and him ever presented.

Some bitch steals a bunch of ipods during the riot, and theyre melancholic when explaining she got a 6mo prison sentence. And they say City bankers should be getting prison sentences for simply being bankers. Fucking pathetic, lost all respect for that show.

Tue, 08/16/2011 - 20:41 | 1567334 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

oxycotton

Tue, 08/16/2011 - 22:41 | 1567695 JW n FL
JW n FL's picture

you repugnants are such petty, small minded people..

nothing to share other than bitching..

self centered, when there is NOOOOOOOOOOO! reason for any of you to be that in love with yourselves..

and more to the point, boring.

I dont care how little your dick is, I dont care how big your ego is and I can NOT! Stand how you think of no one but yourselves.

Tue, 08/16/2011 - 18:04 | 1566920 gwar5
gwar5's picture

 

"All your food is belong to us...."

Tue, 08/16/2011 - 18:04 | 1566921 Racer
Racer's picture

"Value" cheese as in the cheapest has gone up 25% in Sainsburys UK in the last few weeks!

Tue, 08/16/2011 - 18:05 | 1566924 caerus
caerus's picture

this is bearish for weight watchers

Tue, 08/16/2011 - 18:44 | 1567046 andybev01
andybev01's picture

Catch-22: "does not include the price of food"

Tue, 08/16/2011 - 18:06 | 1566928 Cheesy Bastard
Cheesy Bastard's picture

Texas Gov. Rick Perry took a double-digit lead over former Massachusetts Gov. Mitt Romney and Rep. Michele Bachmann...

You guys are slipping.  Rick Perry corndog pic:

http://www.dallasvoice.com/wp-content/uploads/2011/08/Perry.Rick_.jpg

Tue, 08/16/2011 - 18:13 | 1566951 Tyler Durden
Tyler Durden's picture

Actually, you are just not reading fast enough: "Lest we be accused of prejudice..."

 

Tue, 08/16/2011 - 18:25 | 1566982 Cheesy Bastard
Cheesy Bastard's picture

My bad.  Will contact Evelyn Wood ASAP.

Tue, 08/16/2011 - 18:07 | 1566932 Gubbmint Cheese
Gubbmint Cheese's picture

That being said, even the people who make the stuff we need are having a tough time passing on the increased costs -  

http://www.theglobeandmail.com/globe-investor/tyson-foods-profit-down-on-higher-feed-costs/article2122605/

Tue, 08/16/2011 - 18:09 | 1566940 EvlTheCat
EvlTheCat's picture

Easy fix!  Just have the pharmaceutical industry lower the cost for prescription drugs to offset the anger.

"Oxycotton", Ritalin and Viagra for all!

Medicated sheep! Conscriptz!

Tue, 08/16/2011 - 18:42 | 1567038 IQ 145
IQ 145's picture

"Oxycotton"? WTF?

Tue, 08/16/2011 - 18:48 | 1567058 Gubbmint Cheese
Gubbmint Cheese's picture

I'm on that stuff.. its not baaaaaah-d

*rim shot*

 

 

Tue, 08/16/2011 - 20:26 | 1567287 EvlTheCat
EvlTheCat's picture

The official name is OxyContin, but on the street it's known as "oxycotton." And at a dollar a milligram, it's the drug du jour from the coal-mining country of Kentucky to the bleak factory towns of rural Maine.

http://www.webmd.com/mental-health/news/20010209/oxycotton-new-street-dr...

old news though....

Wed, 08/17/2011 - 01:04 | 1568016 Cathartes Aura
Cathartes Aura's picture

"hillbilly heroin" - it's coast-to-coast now, sadly. . .

in 80's Britain 'austerity" cutbacks to customs allowed heroin to overrun the country - because of all the "taxes" added to alcohol, it was actually cheaper to get high than get drunk - resulting in Edinburgh becoming the Aids capital of Europe. . .intentional destruction, rather like the "crack cocaine" pushed through the neighbourhoods in the 80's, (Gary Webb/Dark Alliance).

Trainspotting. . .

Tue, 08/16/2011 - 20:39 | 1567329 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

Rush Limbaugh is the national spokesman for occidental petroleum or whatever you call that drug.

Tue, 08/16/2011 - 18:55 | 1567077 Alex Kintner
Alex Kintner's picture

I'd be satisfied with legalized pot. But it won't happen. TPTB like to watch us suffer in pain. It's in the CIA torture book.

Tue, 08/16/2011 - 19:07 | 1567116 Bicycle Repairman
Bicycle Repairman's picture

Pot has been completely decriminalized in MA.  Funny, I do not remember seeing months of agonized commentary about it on the national news.  The people voted it in with a referendum and that was it.

Tue, 08/16/2011 - 20:37 | 1567325 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

I can tell by your post that you have A.D.D.!           Tuco

Tue, 08/16/2011 - 18:10 | 1566941 DaBernank
DaBernank's picture

These people should talk to Ben Bernanke who will tell them that they are only paying 2% more for groceries because the CPI says so.

Tue, 08/16/2011 - 18:10 | 1566942 Seasmoke
Seasmoke's picture

i am still paying the same $100 week for groceries , that of course doesnt take into account the extra $20 i steal each week, which i wasnt doing last year.....still i guess that puts me in the 4% group

Tue, 08/16/2011 - 18:12 | 1566945 legal eagle
legal eagle's picture

The cost of self serve scanners I guess.

Tue, 08/16/2011 - 18:45 | 1567049 IQ 145
IQ 145's picture

Your mistake is not being a car mechanic, then you could steal $220/ week; and probably nobody would notice.

Tue, 08/16/2011 - 18:16 | 1566955 digalert
digalert's picture

So the Bernank goes from ass rape of seniors on fixed income to a gangbang. No SS COLA for three years or more and now interest on your meager savings will be ZERO +/-1. Thank to the TOTUS it's only transitory, see Barama only got off the bus yesterday.

Tue, 08/16/2011 - 18:49 | 1567064 blunderdog
blunderdog's picture

Why is this "ass-rape"? 

It's just an entitlement cut.  How much of the younger generation's money does the retired generation deserve?

Tue, 08/16/2011 - 19:08 | 1567120 Bicycle Repairman
Bicycle Repairman's picture

Every single cent they were promised and were planning on.

Tue, 08/16/2011 - 19:30 | 1567171 blunderdog
blunderdog's picture

They lie to everyone.  They lie to the FISH.

I do understand the concept: "it's all well and good for government to fuck someone else over, but if they ever threaten to fuck ME over, it's a really big deal."

Or you can just grow up and get over it.  The promises were lies.

Wed, 08/17/2011 - 14:47 | 1569804 Bicycle Repairman
Bicycle Repairman's picture

"grow up"

Comedy gold.  You're an idiot.

Tue, 08/16/2011 - 20:09 | 1567243 Cathartes Aura
Cathartes Aura's picture

How much of the younger generation's money does the retired generation deserve?

probably varies, how much did your parents invest raising you?

Tue, 08/16/2011 - 20:31 | 1567307 blunderdog
blunderdog's picture

Hard to figure.  Maybe $200K.

But no matter: that's a decade's worth of wages for me, and if they took 'em back, I wouldn't survive long enough to pay them, if you take the meaning.  In any event, it's not like I asked to be born.  :)

Are you committed to the idea that government has to keep paying for everyone's lifestyle? 

The problem is intractable.  That CANNOT happen, no matter how much you like the idea.  Wishin' and hopin' ain't gonna do it, yo.

Tue, 08/16/2011 - 20:36 | 1567321 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

How do you know that you did not ask to be born?         Tuco

Tue, 08/16/2011 - 20:41 | 1567335 blunderdog
blunderdog's picture

Because I WASN'T THERE.  Duh.

Tue, 08/16/2011 - 21:37 | 1567515 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

Think outside the body!  Duh!

Wed, 08/17/2011 - 01:18 | 1568034 Cathartes Aura
Cathartes Aura's picture

Are you committed to the idea that government has to keep paying for everyone's lifestyle?

nah, I was being facetious - I'm actually appalled at how much the government subsidises people's lives, but I'm even more appalled at the government's OWN lifestyle is rarely questioned - like Congress & their massive benefits, layer upon layer of bureaucracy, jaw-dropping wastage of resources, budgets that MUST be spent or they get downsized, etc. I'm having a Terry Gilliam moment visualising it right now! Huge, with things clinging to the sides, behemoth!

but!  blaming everything on the elderly who DID pay SS out of their wages for years is just so self-centred - and I realise there's no solution - people are raised to be a little universe unto themselves, they're raised by the culture, by the media, & are taught not to care about anything else. . .

"because you're worth it!"

Tue, 08/16/2011 - 21:07 | 1567429 karzai_luver
karzai_luver's picture

everything we spent raising you feral scum.

what a bunch of cry baby , pull up your pants pit down the triple choc cherry flavored bubble gum with the whipped cream on top mocca grande and get to work you feral slackers.

tears of the clowns indeed.

 

That outa cover it.

 

Tue, 08/16/2011 - 21:54 | 1567568 blunderdog
blunderdog's picture

It does cover it.  You get old, you pat yourself on the back and fault the younger generation for everything, and you hang around demanding whatever you think you deserve until you die.

Whoop, whoop.

The old deserve their SocSec checks as much as I deserve a well-paying job.

Which is to say: not a fuckin' whit.

Wed, 08/17/2011 - 07:11 | 1568239 KowPie
KowPie's picture

"...you feral scum."

That's my favorite ID of the day. You could apply it to any group, it's universal. My second favorite would have to be: "you feral slackers." That one is limited in application, but still good.

Tue, 08/16/2011 - 18:17 | 1566959 Stuck on Zero
Stuck on Zero's picture

This is the insidious nature of inflation today.  For the wealthy the cost of estate properties, island enclaves, gardeners, domestic servants, pool cleaners, Lamborghinis, lawyers, lobbyists, and Gucci handbags has fallen.  They don't see any inflation.  No problem there.  For the poor and middle class among us they have seen the cost of food, clothing, gasoline, tuition, taxes, and doctor visits skyrocket.  They see lots of inflation.  The inflation picture depends on whose shoes you are wearing. 

Tue, 08/16/2011 - 18:53 | 1567072 andybev01
andybev01's picture

My shoes are Prada.

Tue, 08/16/2011 - 19:25 | 1567157 Threeggg
Threeggg's picture

Grandma can't sfford shoe's anymore ! One positive is that it get's rid of the Bunions.

Tue, 08/16/2011 - 18:21 | 1566975 NRGTDR
NRGTDR's picture

The answer is to start figuring out how to grow your own food. Perhaps join in with some neighbors and get a community garden going this fall or make some good contacts at your local farmer's market. You all know how this is all going to end. 

Simply put:

http://humbleseed.com/blog/humbleseed/growing-debt-and-growing-a-victory-garden/

Tue, 08/16/2011 - 19:51 | 1567211 RockyRacoon
RockyRacoon's picture

Thanks for that link.  After browsing around I ended up ordering two of the HEWS from

http://cgi.ebay.com/Emergency-Water-Storage-HEWS-45-Gal-FREE-SHIPPING-/1...

Tue, 08/16/2011 - 20:25 | 1567283 Cathartes Aura
Cathartes Aura's picture

couldn't agree more!  here's another link for anyone interested:

Mini Farming: Self Sufficiency on 1/4 Acre

http://markhamfarm.com/index.php?option=com_content&view=article&id=46&I...

there are so many great bloggers sharing ideas on everything from container gardens to urban intensive gardens, backyard chicken raising, etc. - and for those who don't want to DIY, if you have land, consider letting someone ELSE use it to grow food & share - plenty of good folk looking to make the shift from "employee" to self-sufficiency, especially younger people who can't find work. . .

I live rural right now, and it's really satisfying to match up people needing "space" with people needing "help" - especially going forward into the winter (and whatever else the next few months will *surprise* us with).

Tue, 08/16/2011 - 22:31 | 1567673 krispkritter
krispkritter's picture

Given most of America's backyards, you'd have to try to NOT grow stuff. Take your mown grass and make a pile in the backyard, toss in your kitchen scraps of veggies(with seeds), and your compost pile will grow just about anything you tossed into it; cucumbers, squash, watermelon, cantelope, tomatoes, etc. Make sure it's under the lawn sprinker and you'll be surprised what shows up. I have 1/3 of my output as 'volunteers', plants that just showed up by accident, and routinely put out more than planted crops. If you live in an apartment, put the seeds in pots. You can grow anything from potatoes to lettuce to citrus in pots with very little room and expense. 5 gallon buckets, cat litter cans, even sawed off milk containers will all easily grow food plants. You don't need sophisticated watering systems; hang a 5 gallon buck on high, pipe it to the other buckets/pots, fill it with the dishwater you save by closing the sink drain and washing your dishes by hand with a biodegradeable soap. Take your dryer lint, any food scraps, etc. and bury it just under the top of trhe containers. Honestly you'd have to try NOT to succeed rather than fail at growing something...

Wed, 08/17/2011 - 01:32 | 1568048 Cathartes Aura
Cathartes Aura's picture

you speak the truth!  and dudes, don't forget to pee on your compost, good stuffs.

Tue, 08/16/2011 - 18:34 | 1567015 Corn1945
Corn1945's picture

Do food prices really matter for the 45 million Americans who don't have to pay for their own food?

Tue, 08/16/2011 - 18:54 | 1567073 andybev01
andybev01's picture

You win a cookie!

Tue, 08/16/2011 - 20:28 | 1567293 Cathartes Aura
Cathartes Aura's picture

are the SNAP cards getting more $$credit added to them?  if not, then the amount allocated monthly will buy less food - DUH.

Tue, 08/16/2011 - 21:10 | 1567443 karzai_luver
karzai_luver's picture

THE foods is too damn high so we ain't paying for that either.

Now for the cable and phone service, where is the stamp for that?

 

Tue, 08/16/2011 - 18:37 | 1567028 Catullus
Catullus's picture

Governor Gardasil has pinko written all over him. He triple Texas' debt, doubled their spending, and forced teenage girl to vaccinate with a drug that doesn't even work. Maybe if Texas lays off some more teachers his "electibility" will really soar. Then the violent provocations against Bernanke? The Chairistan was practically funding the near defunct Texas Teachers Pensions Fund with the rounds of QE. Irony: pinko threatens central planner for bailing his broke munipicality out.

Tue, 08/16/2011 - 20:32 | 1567312 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

Gardisil vaccine did work.  It killed and maimed hundreds!                Tuco

Tue, 08/16/2011 - 18:38 | 1567030 Hubbs
Hubbs's picture

Food costs going up? Mine haven't, but the costs of gasoline to run my rototiller,   the electricty to run the stove , the Ball Mason Jars for canning and  electricity to pump water to irrigate sure have.

And no need to worry about the decline in home building. Chicken coops are going up fast.

Tue, 08/16/2011 - 19:32 | 1567176 Stax Edwards
Stax Edwards's picture

Hubbs, not sure if you are single but I have a friend Janus that would like to meet you...

Tue, 08/16/2011 - 23:13 | 1567778 MsCreant
MsCreant's picture

Janus may be, uh, "more" than Hubbs can handle.

Tue, 08/16/2011 - 18:44 | 1567045 Waterfallsparkles
Waterfallsparkles's picture

The only place there is no increase in inflation is the Cost of Living adjustment for Social Security.

 

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