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You have to be careful looking at point in time snap shots. For 2016, the S&P returned a total of around 11%, the DJIA 16.5%.

Returns look so stunning right at this moment, because you’ve combined a recent bull run-up with a one year ago 10% correction in the month of January. In fact, 2015 was largely sideways, from Apr 2015 to Apr 2016 the total return on the DJIA was a whooping zero, in that time period it twice tested 10% losses.

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I’m cynic, there’s very few labor shortages that higher wages won’t resolve.

Trump, like many of the technical consulting houses, can’t hire them, because, IMHO, they don’t want to hire them.

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Napa Valley, H-2A temporary visa for seasonal work. Duration 6 months. Need 40 workers. Work, grape vineyard work. Pay $12.57.

Apparently the going rate.

But if you can’t hire 40 people isn’t the going rate really higher?

This is what Trump got tagged on for his workers in Florida.

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[quote=FlyerInHi]NSR, by your reasoning,we should have federal laws preventing california companies from moving to Texas, or moving from northern industrial states to southern, right to work states. Why not focus on keeping the high hanging fruits? Why get upset at companies that already moved to Mexico?

We develop advantages by creating new products and services. Can’t count on business remaining static.

Plus to need trade agreement so we can shape global market forces. Without trade agreements, we’re only left with market forces. Without TPP, our intellectual property is not protected and each country is free to make their own rules.[/quote]

Sorry Brian, no cake and eat it too. You can’t buy a car that doesn’t meet California emissions standards and register it here. Cheap labor, IMHO, is the red herring. Whether it’s China manufacturing or Texas. The real goal is to escape regulations, whether environmental or labor.

Or should we allow ourselves to buy anything?

(And I’m well aware that the primary difference between the CARB-compliant catalytic converter and the non-CARB compliant catalytic converter is one paid $20,000 plus testing fees to get the label and one didn’t.)

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[quote=flu]Oh please. Stop with the refugee coming and killing people hysteria. How many refugees to date have committed mass murderer in the us?

Versus how many domestic citizens committed mass murder with their easy access to getting a gun?

Let’s see.
Movie theater massacre.
Elementary school shootings.
Workplace shootings.
Middle and high school shooting.
Murder of Christina Grimmie…

How many of these were done by Muslim refugees.

Almost all of these were committed by , for the lack of better word, gun toting american white people. But, when they do it..We call that mental illness. Because we want keep the status quo on ease access to guns.

You and your kids are probably more likely to get killed by a gun nut with mental illness or someone with bad case of road rage than a refugee. I worry more about that than the refugees.[/quote]

Hey hey hey now, stop making sense. Next thing you know you’ll be talking about extreme vetting of people purchasing multiple weapons of moderate destruction.

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[quote=flu]
if we don’t have any other advantage versus some “cheap player”… [/quote]

How do you develop advantages when you strip mine your own industry and send it elsewhere?

Seriously. I used to live in Detroit. There’s many plots of land in the Detroit area with serious industrial pollution. Steel plants in PA, etc. Same thing.

You can start up and compete, in a more sustainable way, but the large corporations have moved their plants to Mexico or China, where there still dumping all the external costs into the environment.

On a PPP/GDP basis, China is still at twice our greenhouse gas output. On an actual nominal dollar GDP basis more like triple.

As a metaphor, it be like our country saying we will import all the Blue Fin tuna we want from Chinese fishermen while our Fisherman have strict regulations on catch limits and sizes.

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While I consider the relationship with China vitally important, I have concerns with some of the claimed benefits of globalization.

We’ve spent most of the last 100 years in our country, improving our standard living through recognizing and managing external costs: worker protections so that workers don’t get ground into sausage when they slip in the slaughter house, clean water acts so our rivers don’t burn, clean air acts so acid rain doesn’t kill land and the air kills us, pollution controls so toxic waste doesn’t destroy entire communities.

These improvements have resulted in a hiring standard of living and greater structural costs for doing business here.

So why do we think beneficial to trade where the economic advantage is they’re still ignoring all those external costs?

It often seems like we saying we first have to help the emerging markets clear cut all their forest, like we mistakenly did, before we help them establish sustainable forest management.

We could roll back the clean air act, clean water act, OSHA requirements here, the environment reviews, the pollution regulation, so we’re competitive does anybody think that’s a good idea?

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I tend to agree, overall the majority of stocks are all ‘growth’ stocks now where the investment return comes from the ponzi-esque more future buyers of the shares.

The only real question is over the long term, are there enough structure money flow into the system to maintain the float?

401K are feeding in, investors are feeding in, retirement plans are feeding in.

We talk about boomers retiring, but Millenials are even bigger. They’re feeding in, boomers are retiring, but the vast majority of the wealth is actually concentrated and that concentration isn’t going to drain their investments. The vast will drain their investments, but they have a pittance of the baby boomer wealth.

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[quote=spdrun]The dumb bint who wrote this article really thinks that Obama showed contempt for Congress? As opposed to Congress blocking his every appointee and move? Come on.[/quote]

I seem to recall Senate Majority leader Harry Reid being a model of bi-partisan effort to move the country forward.

Or is that an Alternative Fact?

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[quote=Hobie]NSR: Not the area to seal the vent. It needs to be outside on the roof. Another close up pic please, and a roof vent shot.[/quote]

LOL, I didn’t seal it there, I sealed it outside. I identified where it was leaking from the inside, through the nail that’s in the flashing. That little bright spot behind the vent stack is a drip in motion.

I proceeded to go outside on the roof in the rain to check the nail and flashing. A little pressure showed water was wicking from the outside edge of the flashing over to the nail between the flashing and shingle basically reaching the unprotected part of the nail driven through them providing the access point.

I resealed the nail on top, and seal the edge of the flashing back to the shingles that are on top of the flashing. While attempting, in the growing dark, wind and rain to insure that I wasn’t creating a mini-dam to trap the water.

So yeah, tomorrow being a sunny day will another climb back on the roof day and touch up my emergency patch.

BTW, thanks for the advice and pointers, it is appreciated.

I didn’t change anything in the attic picture, that’s the way it is, cruddy ancient insulation, skip lather cedar shingle detritus and whatever the hell the wrap is on the vent stack.

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So I see two possibilities. First the not so funny one.

1. Trump’s you know what really is so small that being sworn in as the President simply isn’t enough, even though he is now the leader of a major superpower, his ego is so fragile that he actually can’t resist getting into a pissing match over any comment implying whether his crowd was bigger than the first ever African American President.

2. Trump baited the media and really is positioning the media as biased and combative.

Now while I’m a bit stunned at the audacity of the press conferences and distorted view, I also see a rather petty media playing too.

From VOX
[quote] “I turn on one of the networks, and they show an empty field,” Trump said at a speech Saturday afternoon at the CIA. “I’m like, wait a minute. I made a speech. I looked out, the field was, it looked like a million, million and a half people.”

The unnamed television network, he noted, estimated a turnout of 250,000 people — a figure he argued was way too low.

“Now, that’s not bad. But it’s a lie,” he said. “We had 250,000 people literally around in the little ball we constructed.” In other words, 250,000 people had been given tickets to the swearing-in ceremony, which is what the Joint Congressional Committee for Inaugural Ceremonies told CNN.[/quote]

To which VOX also shows Trump’s view

So is my real choice I get to decide if I’m gaslighted by the Trump organization or get gaslighted by the media?

BTW, welcome to 1984.

Or is it Animal Farm?

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I think I got it.

Heavy rains last night, heavy rain and hail this morning, but the water spots is already drying which is good.

The flashing itself is new, they used a weird brown colored metal flashing to blend with the roof.

Not looking forward to crawling through the attic again later after the dentist.

I envy Flu’s working area, here’s were I’m at..

[img_assist|nid=26197|Title=|desc=|link=node|align=left|width=300|height=225]

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Okay, maybe I’m a touch cray-cray. Already went to Home Depot, pick up a gallon of Henry’s Wet Patch Rubberized Roof Repair/

Came home, rain had lightened but not stopped, wind was lighter than earlier and did a mad dash up to the roof where I lathered and feathered my patch over the nail and the edges of the flange as the edges seemed loose and water squirted out when I pressed.

I’ll check the attic tomorrow, I’m done with the attic today. Figure I had stop the leak as when I saw it during the heavier rain it was like a trickle/drip from a faucet and with rain heavy project through tonight and tomorrow, I figured I’d have enough water to collapse the ceiling.

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[quote=Hobie]Actually flu, I was responding to NSR. No idea about your leak :)[/quote]

Yea Hobie, what is it? The flex seal stuff? I need a bandaid to stop it long enough until the weather clears.

It’s getting much worse, the ceiling is dripping and I went back again with the rain now and found the real leak. One of the nails in the flashing right next to the pipe is the conduit. Water running right down it and dripping on the ceiling. Way back under the corner.

I figure I need to seal over the head of the nail outside as the bandaid.

Henry’s rubberized roof repair. Found it

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After googling my early afternoon away, my most likely culprit is a leaking flange for the waste stack. When the weather clears, I’ll need to carefully check the flange seals.

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