Free kibbles

ECONOMY:

Sears is shutting down over 100 Sears and K-Mart stores. Here's an interesting comment:

"Sears Holdings said the declining sales, ongoing pressure on profit margins and rising expenses pulled its adjusted earnings lower. The company predicts fourth-quarter adjusted earnings will be less than half the $933m it reported for the same quarter last year.Sears Holdings also anticipates a non-cash charge of $1.6bn to $1.8bn in the quarter to write off the value of carried-over tax deductions it now doesn't expect to be profitable enough to use."

Corporations get tax deductions for greater profit? The article hints that this is a sign of America's disappearing middle class.

"The company has seen rival department stores like Macy's Inc and discounters like Target Corp continue to steal customers. It's also contending with a stronger Wal-Mart Stores Inc, the world's largest retailer, which has hammered hard its low-price message and brought back services like layaway, which allows financially stressed shoppers to finance their holiday purchases by paying a little at a time.The tough economy hasn't helped, either. Middle-income shoppers, the company's core customers, have seen their wages fail to keep up with higher costs for household basics like food."

The rich have their stores. The poor go to cheaper stores. The middle is getting squeezed out by government looting.

FEDERAL RESERVE:

Obama keeps the revolving door between the Treasury, the Fed and the Ivy League going by appointing former Treasury official and Harvard professor to the Fed.

Pretty decent explanation of how inflation steals money from savers.

GLOBAL WARMING AND ENERGY:

Study discovers that animals adapt to climate change. You can bet taxpayers funded this study.

In a climategate 2 email, BBC journalists ask climate fraud what the BBC should be doing in its programming to promote the fraud. This shows how closely the leftist press is tied to the pseudo-scientists.

POLICE STATE:

Congress expanding TSA VIPR teams to stop traffic on highways and wherever else they choose. We should abolish this abominable organization ASAP.

WAR:

Now western countries are threatening sanctions against Iran's oil exports. You know how the talking heads are always telling us that we have to control the Middle East in order to make sure we get our oil? That's a load of crap. Middle Eastern countries get all their money from oil. They won't stop exporting because they would go broke and suffer a revolution pretty much immediately. The real threat to Middle Eastern oil exports is western governments. Western government always like to force the other guy to shoot first. That's been true since Lincoln maneuvered the South into firing the first shot of the Civil War. This move can only be designed to provoke Iran into a shooting war.

POLITICS:

Gingrich agents blast liberal Republican establishment. That's a hoot coming from a man who co-sponsored over 400 bills with Nancy Pelosi and worked with her to promote the global warming fraud.

LOCAL:

Corruption by local section 8 administrators. That's SOP for government officials.

MISC:

Why the Soviet Union collapsed.

"Contrary to western myth, the Soviet Union was not brought down by President Ronald Reagan’s arms buildup, though Moscow’s ruinous military overspending played an important role.The principal reason was economic: failure to modernize industry and farming. In 1975, Nobel laureate Andrei Sakharov had warned the Kremlin the economy faced collapse in 15 years unless modernized. His prediction was amazingly accurate."

If Americans had kept our government small, it would have collapsed much sooner. This article praises Gorbachev for not using force.