Random Politics & Religion #00

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2010-09-08
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Random Politics & Religion #00
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 Leviathan.Chaosx
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By Leviathan.Chaosx 2015-09-17 14:13:45
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Jetackuu said: »
Apathy is the devil, sir.
Meh, just don't care enough on that subject to put any effort into finding out more, lol.

In other news, pay up to those who said there would be a rate hike!

Quote:
The Federal Reserve will not be hiking interest rates, Fed Chair Janet Yellen announced Thursday in a much-anticipated decision that sent stock markets soaring.

Economists and Wall Street have been abuzz about the possibility of a rate hike, which would have been the first since 2006. The Fed has kept rates near zero for years as a tactic designed to boost a faltering economy. A hike would have signaled that Yellen believes the economy has recovered enough for the Fed to begin “normalizing financial policy,” as Yellen said in July.

Earlier in the summer, Yellen had been hinting that she expecting to raise rates by the end of the year, though she moderated the forecast by saying that “the course of the economy and inflation remains highly uncertain, and unanticipated developments could delay or accelerate this first step.” But then, of course, unanticipated developments happened.

The Chinese economy roiled over the summer, marked by a pop in the stock market bubble and the Chinese government’s harried attempts to shore up the economy, including the devaluation of the yuan. The tempest underlined global traders’ suspicions that the Chinese economy was softening, sending financial markets around the world into a tailspin.

The Fed might still raise hikes later this year. But some economists are saying there’s no rush: despite promising unemployment rates, a slowdown in job growth and remaining slack in the labor market means that the Fed doesn’t need to worry about inflation–the main risk of low interest rates–quite yet.
Federal Reserve announces no interest rate hikes, for now
 Asura.Kingnobody
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By Asura.Kingnobody 2015-09-17 14:15:00
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Ramyrez said: »
Asura.Kingnobody said: »
Yeah, except it's not a government-issued rule change. Banks are spearheading this movement.

I figured that alone would make you not like it.

The idea is to keep consumers more secure.

Despite what you think, I generally don't oppose things just for the sake of opposing things, or to spite the person presenting things.

Help, Saev has me thoroughly blocked (at least, I think he still does) and I'll still [+] his FFXI-related posts when they make sense.

And if anything, it takes heat off of the consumer if their card is stolen and misused, putting it on the card issuer and the merchant.

The only negative might be smaller businesses that don't keep up could get burned, which would be unfortunate, but at the same time...I've been to a lot of small business that are cash-only, so.

All in all I am largely in favor of secure technology. Biotagging. Let's get it done!
I'm surprised.

For somebody who loves to screw over businesses, and banks even more, you certainly are receptive to a new rule that, if both merchants and banks play by the rules, can shift the total liability of the fraud to the consumer.

Remember, this new rule punishes the one with the lowest security measure. If merchants have a reader that accepts and processes EMV cards, they escape the liability. If the banks issue the cards with EMV chips in them, they escape the liability also. So, that leaves the user of the card to take the hook....
 Asura.Kingnobody
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By Asura.Kingnobody 2015-09-17 14:16:24
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Leviathan.Chaosx said: »
Meh, just don't care enough on that subject, lol.

In other news, pay up to those who said there would be a rate hike!

Quote:
The Federal Reserve will not be hiking interest rates, Fed Chair Janet Yellen announced Thursday in a much-anticipated decision that sent stock markets soaring.

Economists and Wall Street have been abuzz about the possibility of a rate hike, which would have been the first since 2006. The Fed has kept rates near zero for years as a tactic designed to boost a faltering economy. A hike would have signaled that Yellen believes the economy has recovered enough for the Fed to begin “normalizing financial policy,” as Yellen said in July.

Earlier in the summer, Yellen had been hinting that she expecting to raise rates by the end of the year, though she moderated the forecast by saying that “the course of the economy and inflation remains highly uncertain, and unanticipated developments could delay or accelerate this first step.” But then, of course, unanticipated developments happened.

The Chinese economy roiled over the summer, marked by a pop in the stock market bubble and the Chinese government’s harried attempts to shore up the economy, including the devaluation of the yuan. The tempest underlined global traders’ suspicions that the Chinese economy was softening, sending financial markets around the world into a tailspin.

The Fed might still raise hikes later this year. But some economists are saying there’s no rush: despite promising unemployment rates, a slowdown in job growth and remaining slack in the labor market means that the Fed doesn’t need to worry about inflation–the main risk of low interest rates–quite yet.
Federal Reserve announces no interest rate hikes, for now
Leviathan.Chaosx said: »
I'll bet ¥50,000 that they won't.
Asura.Kingnobody said: »
Leviathan.Chaosx said: »
Place your bets now. Will the Fed raise interest rates (from near 0) for the first time since 2006?
I say no, not until November.

Because weak jobs report (again) and China's most recent economic failure last week.
Winners right here!
[+]
 Leviathan.Chaosx
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By Leviathan.Chaosx 2015-09-17 14:19:09
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Ragnarok.Nausi said: »
Leviathan.Chaosx said: »
I'll bet ¥50,000 that they won't.

I bet you a beer they do!
Aw damn, you only owe a beer, and not the ¥50,000, lol.
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By Ramyrez 2015-09-17 14:19:57
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Caitsith.Zahrah said: »
There's an apt Woody Harrelson quote from that movie for this impasse. Enjoy some ELO instead.

In fairness, you could potentially zing me with it as an unintended consequence of my using the picture as I'm not 100% certain which movie that's even from.

Dear god it's not from the cheerleading one, is it?
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By Ramyrez 2015-09-17 14:20:19
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Leviathan.Chaosx said: »
Federal Reserve announces no interest rate hikes, for now

My soon-to-happen mortgage is happy.
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By Jetackuu 2015-09-17 14:20:49
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Atheist mom court order to see Christian counselor or lose custody (VIDEO)

The most hilarious thing about this was the info on the writer:

Quote:
Theresa Edwards is a freelance writer and professional whiner. She lives in Dallas, Texas with her family where she enjoys reading, roller derby, and complaining about the heat.
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By Jetackuu 2015-09-17 14:21:20
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Ramyrez said: »
Leviathan.Chaosx said: »
Federal Reserve announces no interest rate hikes, for now

My soon-to-happen mortgage is happy.

I have to go do that soon too, bank hoping on Saturday morning...
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By Ramyrez 2015-09-17 14:21:59
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Asura.Kingnobody said: »
Remember, this new rule punishes the one with the lowest security measure. If merchants have a reader that accepts and processes EMV cards, they escape the liability. If the banks issue the cards with EMV chips in them, they escape the liability also. So, that leaves the user of the card to take the hook....

I'd be interested to see how that plays out. Consumer advocacy groups would absolutely crush that one.

Saying "you didn't keep your card locked in a case clamped to your testicles" wouldn't really fly in a stolen card scenario.
 Leviathan.Chaosx
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By Leviathan.Chaosx 2015-09-17 14:22:28
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Jetackuu said: »
Atheist mom court order to see Christian counselor or lose custody (VIDEO)

The most hilarious thing about this was the info on the writer:

Quote:
Theresa Edwards is a freelance writer and professional whiner. She lives in Dallas, Texas with her family where she enjoys reading, roller derby, and complaining about the heat.
Sounds like a noble profession.
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 Asura.Kingnobody
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By Asura.Kingnobody 2015-09-17 14:22:39
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Ramyrez said: »
Leviathan.Chaosx said: »
Federal Reserve announces no interest rate hikes, for now

My soon-to-happen mortgage is happy.
Wouldn't matter on that unless you qualify for a fixed-interest rate.
 Asura.Kingnobody
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By Asura.Kingnobody 2015-09-17 14:23:36
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Ramyrez said: »
Asura.Kingnobody said: »
Remember, this new rule punishes the one with the lowest security measure. If merchants have a reader that accepts and processes EMV cards, they escape the liability. If the banks issue the cards with EMV chips in them, they escape the liability also. So, that leaves the user of the card to take the hook....

I'd be interested to see how that plays out. Consumer advocacy groups would absolutely crush that one.

Saying "you didn't keep your card locked in a case clamped to your testicles" wouldn't really fly in a stolen card scenario.
Consumer advocacy groups all back this new change actually.

Apparently they didn't put too much thought into it.
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By Ramyrez 2015-09-17 14:26:04
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Eh. I'm not super worried at this point. There's room for abuse there -- on both sides -- and I'm sure we'll see a bit on both sides, but overall anything that increases overall security is okay by me. And this does that.

Net win.

I still say we all need to get on board with biotagging.
 Asura.Kingnobody
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By Asura.Kingnobody 2015-09-17 14:26:38
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To be honest, I think this is a good move for everyone all around. Especially when we go to Chip & PIN system used globally.

I wish the US wasn't the last major country to do this though....
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 Asura.Kingnobody
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By Asura.Kingnobody 2015-09-17 14:27:26
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Ramyrez said: »
I still say we all need to get on board with biotagging.
No thank you!

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By Ramyrez 2015-09-17 14:27:55
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Yeah. This chip tech isn't even new.

I had one in my student ID when I started college 15 years ago.

...15 years ago...

*sob*

Excuse me. I need to go pour myself a drink.
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 Shiva.Viciousss
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By Shiva.Viciousss 2015-09-17 14:28:21
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Operation Jade Helm ends

Quote:
Jade Helm 15 officially ended on Tuesday, capping an eight-week military training exercise in Texas and six other states. Army officials said the drill was conducted to provide Army Green Berets, Navy SEAL team members and other Special Operations forces with a realistic war-game experience that included military personnel playing the roles of good guys and bad guys. But Jade Helm fueled concerns that it was part of a plot by the Obama administration and the military to impose martial law or create, as Infowars.com described it, a “technological infrastructure for authoritarian political control.”

If the witness reports posted online by a national group of civilian Jade Helm monitors were any guide, the operation seemed to have run smoothly without the feared authoritarian overtones. The group, which was called Counter Jade Helm and founded in Arizona, maintained that its purpose was not to thwart the exercise but use it to practice its own “counterinsurgency” and intelligence-gathering skills, although there was little intelligence to gather.

On Aug. 6 at “17:54,” a dispatch from Louisiana on the group’s website notes that military personnel were seen on Caddo Lake near the Texas line. They are described as “8 military aged men, very fit on 8 brand new Jet Skis,” raising the prospect of an invasion by troops using water-recreation vehicles. “When the eyewitness talked to them,” the report continues, “their story did not add up.”

Gov. Greg Abbott, who was criticized after he ordered the Texas State Guard to monitor Jade Helm, received his final daily briefing on it Tuesday morning from his deputy chief of staff. “The exercise operated on schedule and proceeded as planned,” said John Wittman, a spokesman for Mr. Abbott.

Asked how Jade Helm went in the West Texas town of Big Spring, one of more than a dozen mostly rural communities in the state that hosted activities on military bases and private and public property, officials compared it to Y2K and the doomsday predictions that never materialized when 1999 became 2000.

“It was so under the radar that I don’t even know anyone who came into contact with them,” said Big Spring’s mayor, Larry G. McLellan.

Its over! Jet Ski invasion, damn, never thought of that. I've always wanted to go Jet Skiing, thats probably my biggest regret, all those summers at Padre Island, never rented Jet Skis.
 Leviathan.Chaosx
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By Leviathan.Chaosx 2015-09-17 14:28:21
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I was actually alerted via email from Twitter. Finally a use for twitter.

 Asura.Kingnobody
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By Asura.Kingnobody 2015-09-17 14:28:35
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Anyway, I'm still have to say I'm surprised at you Ramy.
 Leviathan.Chaosx
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By Leviathan.Chaosx 2015-09-17 14:30:15
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Shiva.Viciousss said: »
Operation Jade Helm ends

Quote:
Jade Helm 15 officially ended on Tuesday, capping an eight-week military training exercise in Texas and six other states. Army officials said the drill was conducted to provide Army Green Berets, Navy SEAL team members and other Special Operations forces with a realistic war-game experience that included military personnel playing the roles of good guys and bad guys. But Jade Helm fueled concerns that it was part of a plot by the Obama administration and the military to impose martial law or create, as Infowars.com described it, a “technological infrastructure for authoritarian political control.”

If the witness reports posted online by a national group of civilian Jade Helm monitors were any guide, the operation seemed to have run smoothly without the feared authoritarian overtones. The group, which was called Counter Jade Helm and founded in Arizona, maintained that its purpose was not to thwart the exercise but use it to practice its own “counterinsurgency” and intelligence-gathering skills, although there was little intelligence to gather.

On Aug. 6 at “17:54,” a dispatch from Louisiana on the group’s website notes that military personnel were seen on Caddo Lake near the Texas line. They are described as “8 military aged men, very fit on 8 brand new Jet Skis,” raising the prospect of an invasion by troops using water-recreation vehicles. “When the eyewitness talked to them,” the report continues, “their story did not add up.”

Gov. Greg Abbott, who was criticized after he ordered the Texas State Guard to monitor Jade Helm, received his final daily briefing on it Tuesday morning from his deputy chief of staff. “The exercise operated on schedule and proceeded as planned,” said John Wittman, a spokesman for Mr. Abbott.

Asked how Jade Helm went in the West Texas town of Big Spring, one of more than a dozen mostly rural communities in the state that hosted activities on military bases and private and public property, officials compared it to Y2K and the doomsday predictions that never materialized when 1999 became 2000.

“It was so under the radar that I don’t even know anyone who came into contact with them,” said Big Spring’s mayor, Larry G. McLellan.

Its over! Jet Ski invasion, damn, never thought of that. I've always wanted to go Jet Skiing, thats probably my biggest regret, all those summers at Padre Island, never rented Jet Skis.
Oh damn, I totally forgot about Jade Helm. And it ended 2 days ago.

No military prisons in Walmart, I am disappoint!
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By Jetackuu 2015-09-17 14:32:14
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Shiva.Viciousss said: »
Operation Jade Helm ends

Quote:
Jade Helm 15 officially ended on Tuesday, capping an eight-week military training exercise in Texas and six other states. Army officials said the drill was conducted to provide Army Green Berets, Navy SEAL team members and other Special Operations forces with a realistic war-game experience that included military personnel playing the roles of good guys and bad guys. But Jade Helm fueled concerns that it was part of a plot by the Obama administration and the military to impose martial law or create, as Infowars.com described it, a “technological infrastructure for authoritarian political control.”

If the witness reports posted online by a national group of civilian Jade Helm monitors were any guide, the operation seemed to have run smoothly without the feared authoritarian overtones. The group, which was called Counter Jade Helm and founded in Arizona, maintained that its purpose was not to thwart the exercise but use it to practice its own “counterinsurgency” and intelligence-gathering skills, although there was little intelligence to gather.

On Aug. 6 at “17:54,” a dispatch from Louisiana on the group’s website notes that military personnel were seen on Caddo Lake near the Texas line. They are described as “8 military aged men, very fit on 8 brand new Jet Skis,” raising the prospect of an invasion by troops using water-recreation vehicles. “When the eyewitness talked to them,” the report continues, “their story did not add up.”

Gov. Greg Abbott, who was criticized after he ordered the Texas State Guard to monitor Jade Helm, received his final daily briefing on it Tuesday morning from his deputy chief of staff. “The exercise operated on schedule and proceeded as planned,” said John Wittman, a spokesman for Mr. Abbott.

Asked how Jade Helm went in the West Texas town of Big Spring, one of more than a dozen mostly rural communities in the state that hosted activities on military bases and private and public property, officials compared it to Y2K and the doomsday predictions that never materialized when 1999 became 2000.

“It was so under the radar that I don’t even know anyone who came into contact with them,” said Big Spring’s mayor, Larry G. McLellan.

Its over! Jet Ski invasion, damn, never thought of that. I've always wanted to go Jet Skiing, thats probably my biggest regret, all those summers at Padre Island, never rented Jet Skis.

Still no Obama socialist Muslim terrorist Martial Law, damn.
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 Lakshmi.Sparthosx
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By Lakshmi.Sparthosx 2015-09-17 14:34:34
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>>Talks about brother being master of safety.
>>Posts picture of brother standing on top of worst terrorist attack in American history.

Jeb 2016 everyone.
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 Shiva.Viciousss
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By Shiva.Viciousss 2015-09-17 14:37:36
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I'm still trying to figure out what Jeb is talking about there. I read the whole quote and its just like, what? He kept us safe..after 9/11? And we are celebrating that? He has struggled all year talking about his brother, this would appear to be no different.
 Caitsith.Zahrah
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By Caitsith.Zahrah 2015-09-17 14:43:00
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Ramyrez said: »
Caitsith.Zahrah said: »
There's an apt Woody Harrelson quote from that movie for this impasse. Enjoy some ELO instead.

In fairness, you could potentially zing me with it as an unintended consequence of my using the picture as I'm not 100% certain which movie that's even from.

Dear god it's not from the cheerleading one, is it?

'No Country For Old Men'. Definitely not the UT cheerleader one, but that did make me chuckle!
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 Bahamut.Ravael
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By Bahamut.Ravael 2015-09-17 14:57:11
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Asura.Kingnobody said: »
Leviathan.Chaosx said: »
I'll bet ¥50,000 that they won't.
Asura.Kingnobody said: »
Leviathan.Chaosx said: »
Place your bets now. Will the Fed raise interest rates (from near 0) for the first time since 2006?
I say no, not until November.

Because weak jobs report (again) and China's most recent economic failure last week.
Winners right here!

Poor conspiracy theorists. They really needed this one.
[+]
 Valefor.Sehachan
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By Valefor.Sehachan 2015-09-17 14:58:43
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Bahamut.Ravael said: »
Poor conspiracy theorists. They really needed this one.
They're fine until september 28, after that they will have to invent something new though cause there isn't anything planned yet after that(I'm well informed on the conspiracy movements!)
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 Bahamut.Ravael
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By Bahamut.Ravael 2015-09-17 15:01:21
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Valefor.Sehachan said: »
Bahamut.Ravael said: »
Poor conspiracy theorists. They really needed this one.
They're fine until september 28, after that they will have to invent something new though cause there isn't anything planned yet after that(I'm well informed on the conspiracy movements!)

Ah, crap. Now I gotta move my world domination blitzkrieg to after that date so that we're not hearing "I told you so!" a bajillion times.
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By Ramyrez 2015-09-17 15:03:53
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Bahamut.Ravael said: »
Valefor.Sehachan said: »
Bahamut.Ravael said: »
Poor conspiracy theorists. They really needed this one.
They're fine until september 28, after that they will have to invent something new though cause there isn't anything planned yet after that(I'm well informed on the conspiracy movements!)

Ah, crap. Now I gotta move my world domination blitzkrieg to after that date so that we're not hearing "I told you so!" a bajillion times.

That's why the Mayan thing never happened.

The only thing they hate more than calling off their Apocalypse is a tinfoil-hat wearing "I told you so."
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 Leviathan.Chaosx
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By Leviathan.Chaosx 2015-09-17 15:09:25
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Bahamut.Ravael said: »
Asura.Kingnobody said: »
Leviathan.Chaosx said: »
I'll bet ¥50,000 that they won't.
Asura.Kingnobody said: »
Leviathan.Chaosx said: »
Place your bets now. Will the Fed raise interest rates (from near 0) for the first time since 2006?
I say no, not until November.

Because weak jobs report (again) and China's most recent economic failure last week.
Winners right here!

Poor conspiracy theorists. They really needed this one.
I'm trying to think why... for the economic collapse?
 Bahamut.Ravael
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By Bahamut.Ravael 2015-09-17 15:11:24
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Leviathan.Chaosx said: »
Bahamut.Ravael said: »
Asura.Kingnobody said: »
Leviathan.Chaosx said: »
I'll bet ¥50,000 that they won't.
Asura.Kingnobody said: »
Leviathan.Chaosx said: »
Place your bets now. Will the Fed raise interest rates (from near 0) for the first time since 2006?
I say no, not until November.

Because weak jobs report (again) and China's most recent economic failure last week.
Winners right here!

Poor conspiracy theorists. They really needed this one.
I'm trying to think why... for the economic collapse?

Nah, mostly they're so paranoid about the Fed that they'll latch onto anything that makes it look bad.
[+]
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