Free kibbles

SOCIALISM:

Obama and GM are lying about the success of the GM bailout.

"Three years ago his administration invested more than $100 billion in taxpayer money to bail out General Motors. On Tuesday, the entire company, not just what the government owns, was worth less than $34 billion. By anyone’s definition, that investment is a glaring failure."

"Claims that GM paid back its TARP loan are true but misleading. President Obama clearly wants to create the impression that all the money given to the auto companies has been paid back. But the $6.7 billion loan to GM was just a tiny fraction of the money given to it. As TARP special inspector general Neil Barofsky explained, GM used “other TARP money” to pay off the loan."

"The “million jobs” contention is quite a stretch. Before filing for bankruptcy in July 2009, GM had 91,000 employees in the United States."

"Obama’s economic advisers told him during an April 2009 meeting that job losses in the auto industry would be only a fraction — 10 to 20 percent — of these claimed numbers, even for the much weaker Chrysler. The advisers reported the obvious: Bankruptcy would not kill all jobs at GM and, even with cutbacks, suppliers would pick up other work. But Obama keeps using numbers that his own advisers told him were wrong."

"The “number-one automaker” assertion is no more accurate. Obama’s sales totals include 1.2 million mostly cheap commercial vehicles built by China’s Wuling, a company in which GM owns a small stake, and it excludes sales by vehicle makers in which Volkswagen owns a majority share. Fortune magazine lists GM’s revenue as smaller than Toyota’s and Volkswagen’s."

"As for “hundreds of thousands of new workers,” the truth is closer to a tenth of that."

Man, I love the internet. This is why the liars running government are working so hard to seize control over it.

Union thugs burn campaign signs for Scott Walker. This is another reason that private security is superior to socialist police forces: private security would capture these thugs.

ECONOMY:

It looks like the tech bubble is collapsing as the Facebook IPO falls short of hype. This economic collapse is happening faster than I've seen it in my lifetime, but that isn't a big deal. Anybody who didn't live through the first Great Depression can say the same.

TAX AND SPEND:

Senators defeat Obama budget 99-0.

"Coupled with the House's rejection in March, 414-0, that means Mr. Obama's budget has failed to win a single vote in support this year."

It's nice of them to unanimously show what as sham Obama's budget is.

REGULATION:

I pretty much always write for others. In this instance, I'm going to write for myself.  For years writers have used the term Orwellian to describe abuses of the state. I have suggested that for the purposes of government-granted intellectual monopolies we apply the term 'monopolian' instead of Orwellian. The story in this case is. In other words, government has decreed you can't own an android phone. If you own one, some judge just made you a crook with the stroke of a pen. But I appreciate the honesty in this article:

"Motorola (which is being acquired by Google) was the last major Android device maker not to pay off Microsoft in a patent licensing deal."

So, Motorola failed to pay off Microsoft. This is a perfect encapsulation of the corruption our country has been reduced to by government. Either you will pay off government's cronies, or you will suffer. Corruption has been thoroughly legalized, institutionalized and brutalized. Pay up or die. It's all legal. You have no recourse. Shake off your education. Think for yourself. Our country is being destroyed by institutionalized corruption.

FEDERAL RESERVE:

Yesterday the press didn't want to talk about a Greek bank run. Today, they're talking about it, but calling it a bank jog.

"There's been a quiet bank run in Greece the past three years. Since 2009, Greek banks have lost somewhere between 25 and 30 percent of their deposits. That's actually surprisingly low considering that a euro in a Greek bank doesn't look like it's worth as much as a euro in a German bank. The calculus is simple. Greece might turn its euros into cheaper drachmas and Germany won't. Why wouldn't more Greek people move their money to be safe?

Increasingly, they are. On Monday and Tuesday alone, Greeks withdrew over €1.2 billion ($1.53 billion). That's roughly 0.75 percent of remaining Greek deposits. This still-gradual bank run -- what FT Alphaville's Joseph Cotterill calls a "bank jog" -- is accelerating because Greek politics is making a Greek exit look more imminent. "

Tuesday it was 700 euros. Yesterday it was 800 then 900. Today it's 1.2 billion euros. This article inadvertently does a pretty good job of explaining how everything government, including the ECB, is doing is making things worse.

"Europe doesn't have anywhere near the bailout fund it needs ready, nor a consensus on euro bonds, nor on more aggressive ECB action. But the longer the ECB keeps Greek, Italian, and Spanish banks on life support, the greater the final cost if one of them exits -- and the greater the panic will hit the other countries in that event. The danger is that the ECB will lose its nerve -- that it will worry about potential future losses."

But no bailout fund is big enough. They more money they steal from taxpayers and hand over to government like the PIIGS, the more those politicians will use that money advance their own interests and the interests of their cronies by increasing spending and debt. The same is true for the ECB. The more money steals from the people in Europe through inflation and hands over to the PIIGS banks, the more the politicians will spend and rack up debt to advance their own interests and the interests of their cronies. There is no way out except default, and the longer it takes, the more painful it will be. It's like these people have never heard of the runaway inflation of the Weimar Republic or Zimbabwe. This article explains what's going to happen while couching it in terms that it shouldn't happen if the ECB just prints enough money to keep everybody happy.

"That would bring down the Greek banking system, or most of it, and force Greek authorities to impose capital controls. Cue Spanish, Italian and Portuguese depositors, who might follow suit and start to withdraw their own deposits, putting massive amounts of collateral into the hands of the ECB and their own central banks."

This is how it ends. The laws of economics cannot be denied any more than the laws of physics. The only question is how much worse the ECB will make the problem by printing money before it happens. It looks like Spaniards are starting their own bank run already. Moody's downgrades Spanish banks. We're going to wake up one day soon and Europeans will be wiped out. Americans will quickly follow. This is the inevitable result of decades of massive, systemic theft by politicians and central bankers. Needless to say, gold and silver are both up sharply today. What isn't mentioned in these stories are the massive, daily riots. It is insane that, while governments and bankers are on the verge of wiping out the life savings of a trillion people, Obama and the US press want to talk about gay marriage. The experts have been wrong all along, so here's some real expert advice:

"I suggest a strong economic recovery is the likely result rather than depression as forecast by experts working for the banks that have enslaved Greece."

Of course. Default on the debt. The banks will suffer, but everybody else will start with a clean slate. The rest of the eurozone countries don't want Greece to do this because it will prove the euro to be the sham the Austrians always said it was.

"Greece should repudiate the excessive sovereign debts owed primarily to German banks and restore an independent Greek currency, the Drachma at a lower and more favorable exchange rate to stimulate tourism and foreign investment. Yes there will be a short-term drop in the Greek economy but this would quickly be over in contrast to the EU created death spiral Greece has been forced to endure over the last few years and in the future."

Take your medicine, get well, then start growing again. The longer Greece, or any other country, stays in the eurozone, the more damage its people will suffer.

HEALTH CARE:

Stormtroopers shut down ice cream stand because owner made improvements without first asking permission.

"Mark Duffy, who has operated the dairy farm at the state-owned park for 26 years and has a lease with the state to run the stand, said armed Environmental Police officers showed up at stand on Friday evening and stood guard throughout the weekend, turning away customers craving delectable sundaes and frappes."

Don't you love how they protect and serve?

""I like ice cream as much as anybody, so it pains us to even temporarily close what is an iconic property, but we have to make sure people eating ice cream there are safe," said Lambert."

It's so absurd, I can't help but laugh, but it's not funny. I didn't know whether to post this under health care, global warming or police state. They're all the same.

"Duffy said he has made countless improvements to the farm over the years without permission.

"The reason I'm here and the purpose of having me here is to improve the facility and operate a commercial dairy farm," said Duffy, 57, who lives on the farm with his wife. "I make improvements every single day and have for 26 years.""

But this time our great protectors busted you, you law breaker you, and I'm so much better off because of it.

Politicians cut a deal with businesses to win support for an unpopular bill? Why is this news? This is the definition of politics.

Because Amish children drink raw milk, they don't get allergies or asthma. But if you try to drink warm milk, the government will kill you to protect you.

GLOBAL WARMING AND ENERGY:

The never-ending reports by the frauds claim storms are getting worse in the midwest and governments must do something in response.

"The analysis, based on federal data, tracked extreme weather trends in Ohio and Illinois, Indiana, Iowa, Michigan, Minnesota, Missouri and Wisconsin."

Based on federal data. It might as well say compiled by federally funded fraud. How many times have we heard this? Every time it's debunked. There is no evidence that storms are stronger or more frequent today than in the past. In fact, we're in a hurricane lull. They say all politics is local. This might indicated a change in strategy from lying about the global effects of global warming to lying about the local effects of global warming in order to better scare people.

Contrary to what the frauds tell us, the Antarctic ice shelves haven't shown any significant change in 12 years. Also contrary to what the frauds pseudo-predict, ocean temperatures are practically flat.

POLICE STATE:

Police file Supreme Court case demanding the right to tase non-violent, pregnant women.

WAR:

Info on the two false flag underwear bombers. This is always a telling line.

"The device never presented a threat to public safety"

There's only one way they can know that: if it was always under the control of US operatives.

Federal court issues injunction against indefinite detention provision of NDAA.

US military wants to make war robots more autonomous. Maybe they never saw Terminator.

POLITICS:

Romney raises nearly as much money as Obama in April.

Breitbart discovers a media release for Obama from 1991 reporting he was born in Kenya and worked for a CIA front organization. Is this what Breitbart was killed over? How could this have remained hidden for so long?

The Romney campaign and the Republican establishment create a new party in Nevada to get around the Paul supporters who, using party rules, took control of the Nevada Republican party. Many of us have wondered if the Republican party was relevant anymore since it was indistinguishable in any meaningful way from the Democrat party, and now seems the establishment is leaving the party, making themselves even more irrelevant in future elections. While the details are different, this is reminiscent of when the establishment refused to support Goldwater.

MEDIA:

Obama's propagandists in the press are attacking Romney donors.

How can an article saying Mary Kennedy died of hanging not mention either suicide or murder? This is a bizarre article. It's basically a hit piece on her that pretends to be sympathetic. The writer wants us to believe she committed suicide, but doesn't say it, which makes me wonder if she was murdered. It's like the writer is running interference for Robert Kennedy.

LOCAL:

The city is spending a bunch of stolen money tearing up streets and adding bike paths. Apparently they've been briefed that the Fed's inflation will drive gas prices through the roof so people will be too poor to drive.

MISC:

Minorities surpass whites in US births with 50.4 percent.

So far NASA has identified 4,700 potentially hazardous asteroids.

I understand why The Avengers has set all kinds of movie records. It's a fantastic movie. For generations, people have denigrated comic book stories, but they're some of the simplest and best stories you'll ever read. They translate well to movies. And comic book characters are some of the most interesting you'll ever read about. The Avengers captures the all the characters extremely well. The story is extremely well done. There's a clear good and evil, yet there's plenty of conflict between the heroes. All the characters are well represented. None are short changed by the story. All the characters exhibit character growth as the heroes meld into a team. The story is well done and the perfect length. There's plenty of humor but it never distracts from the dramatic story. All the characters are fantastic looking. Joss Whedon obviously loves the characters and he handled every detail of the effects incredibly well too. This is the best looking superhero movie to date. And there's a touch of real patriotism that contrasts on a heartfelt level with the phony patriotism of our declining, warlike society. This is an uplifting story for every American. It's worthy of many Oscars including best screenplay and best picture, though I doubt it will win either. The movie business is still a bubble industry, but I understand why The Avengers is at the top.

Senators want to steal more money from US ex-pats and bar them visiting.

Miley looks skinny here. I hope she isn't being stupid.

It used to be that people fled Asian countries for freedom in the west. Now people are fleeing western countries for freedom in the east.