Friday, July 27, 2012

Free kibbles

ECONOMY:

The phony US GDP growth created by government squandering of resources and the Fed has dropped to 1.5 percent.

TAX AND SPEND:

Obama announces $70 billion in new military aid to Israel in order to buy pro-Israel votes and step on Romney's visit to Israel.

Obama's illegal and unilateral expansion of welfare.

Maryland's tax increases have resulted in the loss of 40,000 jobs, just as a rational person would expect.

Corruption in the California parks department. But I thought parks were pure and innocent.

FEDERAL RESERVE:

Head of the European Central Bank proclaims he will save the euro by printing as many of them as it takes. Destruction of the euro is guaranteed.

To paraphrase Hamlet, will the depression be hyper-inflationary or deflationary? That is the question. Define hyper-inflationary. According to the statistics used by the federal government in 1980, inflation has averaged over 10 percent since 2006, and it's averaged around 10 percent since 2010. That means if you owned gold, you were smart. But from the other perspective, inflation dropped significantly, quickly during the 2008 crisis. We can expect the same when the crash happens. The answer is obvious. Buy and hold gold until the deflation hits, then sell. If you know when that transition is going to happen, tell me. But I'm being a little disingenuous. Gold will hold its value better than most everything else during the crash. But deflation is deflation, and during deflation, the best you can do is hold dollars. I know some of the Austrians think the dollar will be destroyed, but I doubt that. The pound has been around for 400 years. The dollar will survive this in name at least.

GLOBAL WARMING AND ENERGY:

I've obtained tremendously valuable global warming information from wattsupwiththat.com.I link the site frequently to say the least. But Anthony Watts is a drama queen. I have no patience for his constant complaints about personal issues, and I have zero interest in his declaration that posting is closed at wattsupwiththat.com. Maybe he's moving on to bigger things. If so, good for him. But there's no excuse for him acting like a high school drama queen. Here's the follow-up to his childish, dramatic post...
"I’ve been advised by concerned friends that speculation on the nature of this announcement has gotten out of hand in the blogosphere, and that was not my intent."
Bull****. That's exactly what his intent was. If he just wanted to work, he could have done so without posting anything. Usually he uses drama to attract personal attention, but this time it seems he wants professional attention, like he's using the drama to built anticipation for his announcement. It still makes me laugh.

WAR ON DRUGS:

Heroin addicts using black market to obtain prescription drug to beat their heroin addiction because they can't get the drug legally. You can't make this stuff up.

POLICE STATE:

D.C. Police steal personal photos of man along with pictures of themselves performing a violent arrest.

Cops attack children. Again.
"Two Texas girls--ages 12 and 13--were arrested earlier this month and charged with online impersonation, a third-degree felony, for creating a fake Facebook account under the name of another student at their school. "
I'll bet you anything they chained these girls and stuffed them bright orange jump suits.

How come I heard nothing about Anaheim riots? I read and watch news every day, yet I heard nothing.

WAR:

Who do you think created the virus that blasts AC/DC in Iranian facilities? Why does anybody think starting a cyber-war is OK? We don't like it when China and Russia attack our computers.

US socialized medicine in Afghanistan.

MEDIA:

We've all slammed Mitt Romney for being dull, but he knocked this one out of the park.
"Brian Williams, the sonorous news anchor for NBC News, was reading from a script when he asked Romney, the Republican Party’s presumptive presidential nominee, if it’s true he’s seeking an “incredibly boring white guy” for a running mate.
“You told me you were not available,” Romney replied, laughing.
“Touche,” Williams said, losing the trail on that line of questioning."
That's fantastic. Something tells me Romney had been informed of the question.Somebody at MSNBC isn't a leftist.

I don't see Ann Coulter linked much any more. I couldn't get past the first paragraph in this article. I don't see her much on TV any more either. Maybe her 15 minutes of fame are over.

MISC:

Apple developers and users unhappy with Apple's my way or the highway approach. Have the noticed the government anytime, anywhere?

Right after the Colorado shooter murdered masses of people, a Lew Rockwell contributor noted that almost all these mass murderers have one thing in common: they're all taking prescription drugs. Now we find out the murderer was in the care of a psychiatrist. The next shoe, that he was on prescribed drugs, will drop soon.

Did you hear the Olympics were going on?
"Reason Foundation Shikha Dalmia reports from London on the eve of the 30th summer Olympics that the most striking thing about the games is the complete lack of buzz. There is more excitement in a geriatric bingo parlor than on the streets of London." 
Funny, the same is true in Dayton. I saw a couple of Olympic channels on cable the last couple of day. They were showing talking heads talking about soccer, so I turned on white noise for better entertainment.

Apparently the human genome is not nearly as pure as most humans would like. It seem our ancestors bred with their cousins for a million years or more. That makes me wonder how they can tell one from another.
"The find offers more evidence that for thousands of years, modern-looking humans shared the Earth with evolutionary cousins that later died out. And whenever the groups met, whether in Africa or Europe, they did what came naturally — they bred. In fact, hominid hanky-panky seems to have occurred wherever humans met others who looked kind of like them — a controversial idea until recently."
Have you seen what people breed with today?

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