Free kibbles

SOCIALISM:

Who owns water? We used to think of water a universal good. Not any more. Now we know that water is a scarce good like any other. But it's socialized, therefore it's expensive, wasteful and being squandered.

ECONOMY:

It turns out that 20 years of statistical growth was a fraud thanks to inflation. Your paycheck is probably bigger, but you're still poorer.

"Family Net Worth Drops to Level of Early ’90s, Fed Says"

As bad as this sounds, this is only the first stage. After the next crash, we'll realize that we were poorer than people in the 1950s. You think I'm lying? Come tell me about it after the next crash. The pinnacle of American standard of living was the 1950s. Isn't it nice of the Fed to document how much damage it''s doing to us?

TAX AND SPEND:

As bad as you think the US government debt problem is, it's way worse. Here's the salient fact that portends the inevitable, fantastic crash of the US government and western civilization with it:

"If the average interest rate on U.S. government debt rises to just 7 percent, the U.S. government will find itself spending more than a trillion dollars per year just on interest on the national debt."

It's going to happen. It's impossible to avoid this.

"You might be tempted think that this is just a temporary setback…that when things return to normal the typical household will recover two decades of financial progress too.
Don’t count on it. Household wealth in the US rests on housing and wages. Housing prices might stop dropping; they are unlikely to enter a new bull market. Instead, they will probably track GDP growth, just like they always did. Nor can you expect to see wages rise substantially. Why? Because there are 15 million people who don’t have jobs. It will be a long time — practically forever at the current rate — before they are absorbed into the labor force again. Until this huge inventory of willing and able labor is put to use, don’t expect wages to go up.
In other words, when things return to normal they will be what they are now… The bubble was an illusion. The current, dismal situation is real."

The bubble wasn't just a housing bubble. We're suffering a sovereign debt bubble that is corrupting every sector of our economy. Housing, education, movies, cupcakes, god only knows what else. I believe this bubble is affecting every economic sector. No investment will escape the coming crash. The best we can hope for is to identify which sectors will be hurt less than others. And it seems precious metals are the safest haven.

FEDERAL RESERVE:

The cartelized banking system exercises significant control over our health care system too.

How Goldman-Sachs ruined the inventors of Dragon voice recognition.

Somebody wrote that without money we'd all be rich. As funny as it is, it has a lot of truth behind it.

GLOBAL WARMING AND ENERGY:

Another fraudulent study, this time about heat waves in Texas, exposed.

POLICE STATE:

Chicago is leading the way in police state abuses.

Or maybe North Carolina is.

"Terrell McCullum did not commit a federal crime by carrying a shotgun and a rifle out of his ex-girlfriend's house.
But he is serving a federal prison sentence for it. And the fact that everyone — including the U.S.Justice Department— agrees that he is legally innocent might not be enough to set him free."

And you thought the collapse of the Soviet Union signaled the end of the police state.

"A USA TODAY investigation, based on court records and interviews with government officials and attorneys, found more than 60 men who went to prison for violating federal gun possession laws, even though courts have since determined that it was not a federal crime for them to have a gun.

Many of them don't even know they're innocent."

This makes me want to puke.

FOREIGN POLICY:

Egyptians, who have long been abused by Mubarak's US puppet government, is skeptical of US involvement in their government now. You don't say. Egyptians throw tomatoes and shoes at Clinton almost as if they realize the US has been oppressing them for decades. Man, I envy them. Can you imagine what would happen to you if you threw tomatoes or shoes at Clinton? Guantanamo doesn't even begin to describe the pain our rulers would put you through.

 MEDIA:

The mainstream media reports that Ford is recalling 10,000 Escapes because of carpet problems.  Here's a story that passed by quietly last year: Chevy recalled Chevy Volts because batteries tended to catch on fire. Granted, the battery problem was publicized. Slightly. Compare that to the coverage of the carpet issue in the Fords. Do you think maybe the media is biased towards GM since it's owned by the government and Ford refused taxpayer dollars?

MISC:

Meme says that the history channel is doing to history what MTV did to music. History was screwed long before the History Channel got in on the act.

More on the corruption of Louis Freeh, Clinton henchman and lately the shameless butcher of Joe Paterno who is dead and cannot defend himself.

"No, I am writing in order to let readers know that this "heroic" Louis Freeh has some serious baggage of his own, baggage that includes covering up murders, whitewashing the most hideous domestic massacre since Wounded Knee, publicly making wrongful accusations, and further turning the Federal Bureau of Investigation into an entity that James Bovard accurately has called, "A Stasi for America." Louis Freeh does not deserve our praise; indeed, he does not even deserve our scorn. Instead, he deserves to be sitting in a cell at the federal Supermax Prison in Colorado, as the crimes he committed during his years at the FBI pale in comparison to anything done by Paterno, whose legacy Freeh has destroyed, or even Sandusky ever did."

As much of a monster as I knew this guy was, his attack on Paterno really struck home what a corrupt, political tool he was.