Monday, July 18, 2011

Free kibbles

ECONOMY:

Even Obama's partners at Goldman-Sachs are downgrading their forecast for the economy, but not as much as they should.

TAX AND SPEND:

Here we go again. If you oppose Obama's plan to raise taxes and debt, you're a racist. They've played this card so many times now, especially after Americans elected the first black president, I don't think it has any effect any more.

Obama claims polls show Americans don't like the Republican plan. Supposedly Americans want tax hikes. Baloney.

I love when Mark Steyn hits the ball out of the park.
"There is something surreal and unnerving about the so-called "debt ceiling" negotiations staggering on in Washington. In the real world, negotiations on an increase in one's debt limit are conducted between the borrower and the lender. Only in Washington is a debt increase negotiated between two groups of borrowers."
We're the stupidest people in the world. We've elected these same freaks for decades to rob us blind, and now that people are starting to realize they've robbed us blind, they elect the same freaks to fix the problem. My guy isn't the problem. The other 534 of them are crooks, but not my guy. Baloney. They're all crooks.
"Nothing good is going to come from these ludicrously protracted negotiations over laughably meaningless accounting sleights-of-hand scheduled to kick in circa 2020. All the charade does is confirm to prudent analysts around the world that the depraved ruling class of the United States cannot self-correct, and, indeed, has no desire to."
Well said.
"But already the world is imposing its own debt ceiling. Most of the debt issued by the Treasury so far this year has been borrowed from the Federal Reserve. That adds another absurd wrinkle to the D.C. charade: Washington is negotiating with itself over how much money to lend itself."
It's a farce.

Every government spending project destroys wealth. They're all bridge to nowheres.

Over half of UK millionaires are investigating leaving the UK to escape confiscatory taxes. This is what Barack Obama would like to happen here. He thinks that would collapse the US economy and enable him to lead a communist revolution. He's wrong.

Pat Buchanan on the welfare state disaster: "We're all Greeks Now". To our detriment.
"We are either going to man up and radically reduce government at all levels in the United States, or the bond markets are going to do it for us, as they are doing it today for Greece, Ireland and Portugal."
In other words, either we're going to intelligently reduce the size and scope of government in a manner that minimizes pain, or economic reality is going to do it for us without any regard for minimizing pain. Take a look at the debt ceiling farce and guess which will happen.

HEALTH CARE:

FDA attacks company for selling walnuts. Notice it wasn't a big corporate donor.

GLOBAL WARMING AND ENERGY:

Despite the media hype at launch, Al Gore's new project is getting few visitors. I expected as much.

The reason Gore tried to light a new fire and the reason I expected it would fail is the planet hasn't warmed in 15 years. People recognize that. But I have no doubt Gore timed this to coincide with the end of la Nina, which cools the planet.

WAR ON DRUGS:

After all this time and despite congressional hearings, the head of the ATF claims that top dogs in the (DOJ?) are hiding an internal report that exposes their complicity in the fast and furious crimes. What a dufus. If he's being honest, he should bring out the report himself.

POLICE STATE:

Facial recognition programs are misidentifying people. Now you are guilty of crimes you didn't commit until you can prove you're not the person a computer thought you were. Powerful tools can be used for good or evil, and computers are powerful tools.

Police get iPhone attachment to do facial recognition and retina scans of anybody they chose.

WAR:

Marine General John Allen relieves General Petraeus in Afghanistan so he can head the CIA. Something tells me he won't have to retire from the military to take that job, but he should.

POLITICS:

Murdoch and the Clinton impeachment as signs of the collapsing empire.

MEDIA:

Ruling class stooges, even those who have been exposed as freaks, as they all are, like Eliot Spitzer, claim libertarianism led to our economic problems.
"Spitzer's commentary is simply not in touch with reality. On the first page of the introduction, Spitzer writes that we have forgotten what we had learned from the crisis. What did we forget?
Say what? Thirty years of libertarianism? A period when the United States central bank, the Federal Reserve, boosted the money supply from $1.6 trillion to $7.7 trillion. A period during which it became near impossible to start a brokerage firm to compete against the banksters, without spending literally millions to pass through all the regulatory hurdles. A period during which government attempts to regulate every nook and cranny of our lives exploded. This Spitzer tells us was a period of libertarianism."
...in the immediate aftermath of the bankruptcy of the entire financial system, there was a consensus that the libertarianism that had dominated Washington for 30 years was an abject failure. (p.4)
Neither truth nor facts matter to the ruling class. Only power matters, and they will say and do whatever it takes to remain in power.

Phone hacking whistle-blower found dead for no apparent reason. That's suspicious. But not for police. That's doubly suspicious. Can you say CIA?

LOCAL:

Hottest week in a decade. Man, that sucks. It's smoking hot right now.

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