NSFW Shiteaters Part IV: Rise of Shiteaters NSFW

[pmahnn]

No. I will not use your faggy 4chan speak.

[hweight]

No. I will not use your faggy 4chan speak.

yeah, you're clearly above that sort of nonsense.

[wild beast]

Oh.. oh look! it's lox-chaz!



our noticeably absent shiteater who just can't figure out what he is or how his hypocrisy isn't hypocrisy or .. or whatever.. just be a man woman or whatever never mind who cares..

http://www.msnbc.msn.com/id/36085638/ns ... lebrities/

Chaz Bono asks judge to change name, gender
Adult child of Sonny and Cher had gender-change operation last year



oh.. oh looks!!

State debt woes grow too big to camouflage
Economist: ‘When an accident is waiting to happen, it eventually does’

http://www.msnbc.msn.com/id/36093984/ns ... ork_times/

maybe one of you shiteaters will actually 'get' these numbers... or just continue to wallow in your shiteating bliss?

california on the brink? with all these shiteaters on welfare and illegal immigrants fucking using / abusing "public" funded infrastructure and never paying a dime for it? NO FUCKING WAY.. THERE IS NO WAY SHITEATERS COULD WRONG ABOUT THAT.

we working folk will just keep paying into our retirement plans FORCED ON US BY SHITEATERS so the shiteaters can borrow/blow the money by doing their favorite thing: throwing good money at bad.

California, New York and other states are showing many of the same signs of debt overload that recently took Greece to the brink — budgets that will not balance, accounting that masks debt, the use of derivatives to plug holes, and armies of retired public workers who are counting on benefits that are proving harder and harder to pay.

And states are responding in sometimes desperate ways, raising concerns that they, too, could face a debt crisis.

New Hampshire was recently ordered by its State Supreme Court to put back $110 million that it took from a medical malpractice insurance pool to balance its budget. Colorado tried, so far unsuccessfully, to grab a $500 million surplus from Pinnacol Assurance, a state workers’ compensation insurer that was privatized in 2002. It wanted the money for its university system and seems likely to get a lesser amount, perhaps $200 million.

Connecticut has tried to issue its own accounting rules. Hawaii has inaugurated a four-day school week. California accelerated its corporate income tax this year, making companies pay 70 percent of their 2010 taxes by June 15. And many states have balanced their budgets with federal health care dollars that Congress has not yet appropriated.

'On the edge'
Some economists fear the states have a potentially bigger problem than their recession-induced budget woes. If investors become reluctant to buy the states’ debt, the result could be a credit squeeze, not entirely different from the financial strains in Europe, where markets were reluctant to refinance billions in Greek debt.

“If we ran into a situation where one state got into trouble, they’d be bailed out six ways from Tuesday,” said Kenneth S. Rogoff, an economics professor at Harvard and a former research director of the International Monetary Fund. “But if we have a situation where there’s slow growth, and a bunch of cities and states are on the edge, like in Europe, we will have trouble.”

California’s stated debt — the value of all its bonds outstanding — looks manageable, at just 8 percent of its total economy. But California has big unstated debts, too. If the fair value of the shortfall in California’s big pension fund is counted, for instance, the state’s debt burden more than quadruples, to 37 percent of its economic output, according to one calculation.

The state’s economy will also be weighed down by the ballooning federal debt, though California does not have to worry about those payments as much as its taxpaying citizens and businesses do.

Unstated debts pose a bigger problem to states with smaller economies. If Rhode Island were a country, the fair value of its pension debt would push it outside the maximum permitted by the euro zone, which tries to limit government debt to 60 percent of gross domestic product, according to Andrew Biggs, an economist with the American Enterprise Institute who has been analyzing state debt. Alaska would not qualify either.

State officials say a Greece-style financial crisis is a complete nonissue for them, and the bond markets so far seem to agree. All 50 states have investment-grade credit ratings, with California the lowest, and even California is still considered “average,” according to Moody’s Investors Service. The last state that defaulted on its bonds, Arkansas, did so during the Great Depression.


...

Tricks and gimmicks <-- how brain dead cocksucking shiteaters like kidjan and hweight and lox and skav and Pelosi like to finance things like HEALTH CARE
In fact, New Jersey and other states have used a whole bagful of tricks and gimmicks to make their budgets look balanced and to push debts into the future.

LOOK AT THESE NUMBERS SHITEATERS.. I KNOW YOU DON'T HAVE BRAINS, BUT THIS SHIT IS FUCKING STAGGERING

'States are in trouble'
Joshua Rauh, an economist at Northwestern University, and Robert Novy-Marx of the University of Chicago, recently recalculated the value of the 50 states’ pension obligations the way the bond markets value debt. They put the number at $5.17 trillion.

After the $1.94 trillion set aside in state pension funds was subtracted, there was a gap of $3.23 trillion — more than three times the amount the states owe their bondholders.

“When you see that, you recognize that states are in trouble even more than we recognize,” Mr. Rauh said.

With bond payments and pension contributions consuming big chunks of state budgets, Mr. Rauh said, some states were already falling behind on unsecured debts, like bills from vendors. “Those are debts, too,” he said.

In Illinois, the state comptroller recently said the state was nearly $9 billion behind on its bills to vendors, which he called an “ongoing fiscal disaster.” On Monday, Fitch Ratings downgraded several categories of Illinois’s debt, citing the state’s accounts payable backlog. California had to pay its vendors with i.o.u.’s last year.

but shiteaters don't care about things like "GDP". shiteaters care about taxing people who use "clown services" or "lawn services". that's what shiteaters like to do because they are SOOOO SMART! the don't need to "produce", they just need to provide taxable services. WOW.. how fucking brilliant.

an ever diminishing tax base 'cuz it's getting to be nothing but loser shiteaters who are on welfare, beg from the state, don't work or do shit jobs like serve coffee or something. RIDICULOUS.

[Cardboard_Dog]

I've come to the conclusion that WB starts these threads with the hope of goading Lox into replying. It's like when you were 12 and in love with the cute girl with the ponytail and you were too scared to tell her and the only thing you could think of doing was like .. punching her in the arm.

[Lox]

I think he only sees me as a metaphor.

I am his white whale.

[wild beast]

1 - yes: both as a "shiteater" and when describing your ilk here on the board (loxcocksers.. which is now lox-chazcock-pussysuckers)

2 - i don't consider you a white anything

and..

i don't expect you to respond. i've taken you to task. called you out so hard, you can not refute what i have put out. you are a confused mixed up person who's only allies (aside from the lox-chazcockpussysuckers, that is) are obfuscation and hypocrisy.

you don't even know how to man up and answer a question straight (mostly 'cuz you aren't a 'man' in the classic sense and you don't even know what 'straight' is).

so you just go and describe what you think my description of of you is. that type of thing suits your persona perfectly(, Opra)

[Lox]

I'm not even reading your short posts anymore!

I'm sure you think you are really stickin' it to me or something, but you're really just a dumbshit.

[Cardboard_Dog]

[toivo]

i like how they all look at the flush. kind of fatalistic. kind of sensory driven. the behavour of cats is pretty interesting.

[Tronic]

Makes me want a cat.