Wednesday, September 29, 2010

Free kibbles

SOCIALISM:

Former SEIU chief and current Obama economic advisor Andy Stern under investigation for corruption. Duh. The only question is whether Obama and Holder will quash this investigation or not.

Europeans strike en-mass against austerity programs. Coming soon to the country you live in. This is the kind of chaos Obama wants to create, and he's being very successful.

ECONOMY:

I keep hearing this baloney, but I'm a highly trained and skilled worker, but nobody is beating down my door trying to hire me for a high-tech job.
"Premus and others say a shortage of skilled workers to fill the higher-paying jobs created by a modern economy is a big part of the problem."
If some employer out there is having trouble finding skilled employees, call me. My resume is available online at multiple sites include Monster.com. I think this is a crock. I bet monster has hundreds of thousands of resumes of technical people who would like a better job, and few are getting called.

Analysis if history shows what we know from logic: government spending and debt can never stimulate the economy.

This new attack that businesses are sitting on trillions of dollars is ridiculous. What does sitting on mean? Do you think CEO have trillions of their companies' money stuffed in their mattresses? Of course not. This money is in bank accounts, stocks, bonds and other investments. This money is working in our economy. They're just not using it to expand their own businesses because the future looks so bleak.

Gold ATMs coming to the US. I bet government almost instantly bans them.

The only way politicians can improve the economy is by getting out of the way.

TAX AND SPEND:

John Stossel explains some of the problems with taxing the rich. Hint: think John Galt.

House passes bill targeting China for currency manipulation, effectively enabling the US to put tariffs on Chinese goods and start a trade war. It's as if they think we don't know that the Federal Reserve is the most powerful manipulator of currency in the world. It's OK for US aristocrats to manipulate our currency to advance their interests, but they don't like it when the Chinese aristocrats do the same. Mises scholar explains China's currency manipulation. Peter Schiff explains the consequences if China allows its currency to float:
"[I]f China were to stop manipulating the dollar higher, it would remove the props currently supporting our dysfunctional economy. American interest rates and consumer prices would soar, and our economy would collapse. Meanwhile, China would experience the opposite effect. Chinese consumer prices would fall, immediately raising living standards for average Chinese workers, whose higher real wages would finally allow them to fully enjoy the fruits of their labor. 







What strikes me as particularly dangerous is that no one, not even the Chinese, appear to understand these fundamental dynamics. All of the Shanghainese with whom I spoke last week were unaware that a stronger yuan would be in their own best interest. The way most people see it, a stronger currency is a bullet that China must be prepared to take in order to save the rest of the world from further pain."
Naturally the non-experts in Washington have it backwards, using the government's gun to push policies that damage Americans. It's like the aristocrats want to see America collapse as fast and as hard as possible, and maybe they do. Or maybe they're economically ignorant. It's so hard to tell if they're super-stupid or super-evil.

Obama doesn't want to raise taxes to raise revenue. He knows raising them will hurt the economy and therefore hurt everybody. This guy thinks he's doing it out of fairness. Baloney. He's doing it to collapse our economy and spark a communist revolution.

Democrats want to raise taxes on overseas income which will encourage companies to leave the US entirely. Obama laughs evilly...

Predictions that government will default on the debt are increasing. This idea will gain momentum until it reaches a tipping point and government investors dump bonds en mass and move into commodities. Hyper-inflation and high interest rates will follow.

FEDERAL RESERVE:

Thomas Sowell explains why the government has once again started waging war on gold owners.
"But, even with the gold standard gone, the ability of private individuals to buy gold reduces the ability of the government to steal the value of their money by printing more money."
That's because gold is a highly liquid store of wealth. When the Fed prints money, every dollar in every wallet and every bank account loses value. The Fed steals our money. But as the dollar drops, the price of gold stays the same. An ounce of gold buys the about the same today as it did 100 years ago. Lew Rockwell likes to say an ounce of gold today buys a fine suit, just like it did 100 years ago. But today that suit costs $1,300. 100 years ago, it cost $5. Over the last 100 years, the Fed has stolen 96 percent of the value of dollars in wallets or savings accounts, but it can't steal any value from gold.
"A hundred dollar bill would buy less in 1998 than a $20 bill would buy in the 1960s. This means that anyone who kept his money in a safe over those years would have lost 80 percent of its value, because no safe can keep your money safe from politicians who control the printing presses."
This is why saving dollars in a safe or mattress, or a savings account, for any amount of time is stupid. You might as well just give it to the government.

Inflation is hitting in commodities just as predicted as speculators flee to food commodities for safety. I doubt this really has anything to do with shortages. This is the canary in the coal mine.

EDUCATION:

Jonah Goldberg blames liberals solely for the failure of government schools in America even while pointing out Bush and Republicans passed No Child Left Behind. The problem with government schools is government, not just liberals.

HEALTH CARE:

Time is a price for those waiting for treatment in Canada's health care system.

GLOBAL WARMING AND ENERGY:

Praise for The Improving State of the World. This book explodes the myth that globalization is bad for people and the planet.

Low solar activity has led to the lowest Aurora Borealis in 100 years.

Kilimanjaro's retreating glacier is due to deforestation, not global warming.

Quantum mechanic effect turns waste heat into power. Entropy may not have to increase as fast as we thought.

I read this the other day but didn't link it for some reason. Bilderburg meeting discusses global cooling while governments all over the world implement policies to fight global warming.
"Either it was a printing error.
Or the global elite is perfectly well aware that global cooling represents a far more serious and imminent threat to the world than global warming, but is so far unwilling to admit it except behind closed doors.
Let me explain briefly why this is a bombshell waiting to explode.
Almost every government in the Western world from the USA to Britain to all the other EU states to Australia and New Zealand is currently committed to a policy of “decarbonisation.” This in turn is justified to (increasingly sceptical) electorates on the grounds that man-made CO2 is a prime driver of dangerous global warming and must therefore be reduced drastically, at no matter what social, economic and environmental cost. In the Eighties and Nineties, the global elite had a nice run of hot weather to support their (scientifically dubious) claims. But now they don’t. Winters are getting colder. Fuel bills are rising (in the name of combating climate change, natch). The wheels are starting to come off the AGW bandwagon. Ordinary people, resisting two decades of concerted brainwashing, are starting to notice.
All this, of course, spells big trouble for the global power elite. As well as leading to  food shortages (as, for example, it becomes harder to grow wheat in northerly latitudes; adding, of course, to such already-present disasters as biofuels and the rejection of GM), global cooling is going to find electorates increasingly angry that they have been sold a pup."
It's already happening. Scientist used to be a noble profession. Now it's almost as disdained as politician. We're just beginning to scratch the surface of the impact of the pervasive scientific fraud created by government funding and corruption of science.

I've long said our government is insane. It's nice to see somebody agree with me even if he limits his analysis to the EPA.

WAR ON DRUGS:

The escalation of the drug civil war in Mexico thanks to our government's war on some drugs.

POLICE STATE:

Spray for license plates reflects flash of red light cameras to help avoid tickets. I wonder how well it works.

Airport security agents viewing naked scans of passengers as porn just like we knew they would. I'd sure the pedophile TSA operators are checking out the addresses of the little kids they can't keep their hands off of. This is going to turn into a real nightmare for families.

Great title: Liars for Hire. This is how the police state pays agent provocateurs to manipulate people into the early stages of criminal activity so the government agents can swoop in, create a bunch of fear, and portray themselves as noble and capable protectors who need more of our money and our power to keep us safe.

GPS and the police state has turned 1984 into reality.

WAR:

The German government says Germans face no imminent threats from al Qaeda. I bet nobody does. While al Qaeda is certainly a real threat, the threat is way overblown.

I'm skeptical of any article that talks about US death squads, but this Eric Margolis guy has been an amazing leader at breaking war stories and explaining what's really going on that we don't hear about in our wars.

Fighting perpetual war ostensibly for peace has made America the most hated country in the world. That in turn has made us the world's most popular target for terrorists.

Insurance companies want to create their own navy to combat pirates. This is a fantastic idea. The US Constitution has a provision for this: letters of Marque. Let's do it ASAP! There's no way in hell the US government will surrender that power to the private sector. Maybe Britain?

POLITICS:

Obama fails to mention the word creator for a second time when referencing the Declaration of Independence. He's doing it on purpose. Note to Obama. The text of the Declaration of Independence is a matter of record. You look like a fool for not quoting it accurately.

MEDIA:

The left will not accept the fact that the tea parties are a grass roots organization. This article from Rolling Stone claims that corporations and Republican insiders built the tea party. Too funny.

MISC:

More alarmism exposed. Instead of thousands dead in Mexican mud slides, now the number is 11 missing with optimism all will be found.

Graphic shows the patent litigation process and estimates about $31 billion is sucked out of the economy for it each year.

The Chimera of the group mind. Mises thought out my claim that collectivism is a myth long before I did it. This technique is a way to wipe individuals from history and make it appear that history is driven by something like group hypnosis. Think Harry Sheldon.
"As a corrective of these fancies the truism must be stressed that only individuals think and act."
Yeah, Harry.

Exoplanet comparable in size to earth and in the goldilocks zone of its star discovered. Wow.

Eight natural disasters of the ancient world.

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