Thursday, May 17, 2012

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.

Wednesday, May 16, 2012

Free kibbles

FREEDOM OF SPEECH:

Indian government proposes one world government takeover of the internet. Why mess around with the small stuff? This is most likely intended as a distraction from national governments seizing power over the internet because it will soak up a lot of press and discussion allowing national efforts to advance in relative obscurity. Our rulers are evil, but they're not dumb.

RIGHT TO KEEP AND BEAR ARMS:

Excellent advice if you could only own five guns.

ECONOMY:

Girdles might be a bubble industry. Robert Downey Jr. to earn $50 million for Avengers. The movie industry is definitely in a bubble.
"And as big as Downey's huge payday will turn out, it could be eclipsed by what he commands for an sequel, since he's the lone member of the super-powered cast that's not already under contract for "The Avengers 2"."
Oh my goodness.
"Downey, however, has done more than almost anyone else to build Marvel Studios into a major Hollywood player, starting with the success of the studio’s debut feature, 2008’s “Iron Man”, which earned a surprising $585 million."
Toby McGuire may beg to differ. The first Spiderman movie is still the best superhero movie I've seen. The Dark Knight is second.

TAX AND SPEND:

Greek president appoints a caretaker government.

An example showing how governments use economic development bureaucracies to loot us. I like the reverse Robin Hood analogy and the final quote:
"Am I saying that businesses shouldn’t take subsidy money? No. Once your opponent picks up a knife, the game of chess is over and you have to play by knife-fight rules too. I’m saying that all our political efforts have to go into exposing, then eliminating all subsidy programs and prosecuting their perpetrators. Supporting business subsidies as policy doesn’t make you a "good Republican"; it makes you a thief."
Yes it does.

FEDERAL RESERVE:

This sounds like a bona fide bank run in Greece.
"Greeks rushed to withdraw €800 million from Greek banks late Tuesday, fearful that they would soon be left with only less valuable currency if Greece were to return to the drachma."
Kiss the euro goodbye. I'm just amazed that very little is happening in the US. It's like nobody understands the implications of what we're watching. Or maybe the implications are becoming clear and we'll not see 13,000 on the Dow again for a long time.
"The first shot of good news came from the European Central Bank, which told CNNMoney Wednesday that it would continue to support Greek banks."
So they're going to keep stealing from all Europeans through the inflation tax and give that money to Greek bankers. How is this good news for anybody but Greek bankers? This is just making the problems worse. In the time it took me to document that article, the number as jumped to 900 million euros. At least this article in honest about a bank run.
"So said President Karolos Papoulias, according to minutes of a government meeting procured by Reuters. Papoulias, in turn, was quoting George Provopoulos, governor of the Greek Central Bank, who said depositors took out 700 million euros earlier this week and will likely withdraw at least 100 million more."
Those are important details, but clearly, the numbers are rapidly rising.
"Greeks have withdrawn 72 billion euros since January 2010, leaving bank deposits with 165 billion euros in March, according to the central bank. Social media users were buzzing Wednesday about rumors that Greek banks had set a withdrawal limit of 50 euros on accounts."
That sounds like a bank run to me. The media is now actively entertaining the idea that Greece may leave the eurozone as many Austrian economists have predicted would happen for years. If you think back on it, the Greek government has been marching steadily toward leaving the eurozone. All the histrionics were just excuses to steal more money from European taxpayers. A Greek exit has been inevitable for years. According to this headline, the experts have finally owned up to this reality:
"Experts Try to Chart Path for Exit From Currency"
For years the so-called experts told us that the euro was fine and that the bailouts would solve the problems in Greece and the rest of PIIGS. They were wrong. They were probably lying, not just mistaken. In order to keep their unwarranted reputation as experts, they've suddenly pivoted to the position the real experts have been espousing for years.

HEALTH CARE:

The Daily Mail has discovered that natural fats are good for you. It's establishment masters must be furious.

POLICE STATE:

Injuries for Zimmerman and Martin sure make it look like Martin attacked Zimmerman, but again, it's all about who initiated the conflict, and we have only Zimmerman's word on that. MSNBC does it again:
"Martin was black; Zimmerman is a white man of Hispanic heritage"
I keep waiting for them to call President Obama a white man of African heritage, but I haven't seen it yet.

How many people do you think the government has listening in our conversations and reading our texts and emails? I'd have gone with a shining drone over a hill, but I do like predator nation, foolishly supporting our predator government.

Chicago is the red light camera abuse capital of the country.

POLITICS:

I've often said that Romney is the Republican Obama, but there are differences:
"A Proud Marxist vs. a Welfare/Warfare Statist"
Some choice.

The sad state of politics in America.
"Even out-and-out communists are called liberals. President Barack Obama is called a “liberal.” The late Senator Ted Kennedy was called a “liberal.” Barney Frank is a liberal. Obama’s cabinet is largely staffed by liberals (unless outed, as self-confessed communist Van Jones was). Communism and socialism still carry a bad reputation, so everyone, including the Main Stream Media, and even well-intentioned pundits and commentators friendly to liberty, use the term liberal. The MSM, however, does it to dodge the reputation. Others use it from habit or ignorance, or because calling liberals socialists or communists in drag might open a can of worms they couldn’t handle. This is courtesy carried to a fault. Underlying the fault is a fear of the inevitable clash between those who advocate freedom, and those who do not."
"And what do the designated “conservatives,” or the “right wing,” stand for today, that is, those who identify themselves as Republicans? Nothing, except for a watered-down version of what Progressives, socialists and communists have created over the course of a century, most often accompanied by an appeal to “tradition” and religious faith. All Progressive legislation is altruist and collectivist in nature. Conservatives have never challenged the moral foundations of Progressivism. They can’t, because they subscribe to the same morality. They will never confess that Progressives have elevated the state to take the place of a deity, and that men should live for the secular deity’s moral code of self-sacrifice and obedience to the state’s commands. Also known as The Ten Thousand Commandments."
This is why our country is in such rapid decline.

LOCAL:

People continue to abandon properties and property taxes.
"Property tax delinquencies in Montgomery County increased from $90.7 million in the first half of 2011 to $107.9 million this year, while the number of vacant and abandoned properties skyrocketed from 1,620 to 7,077."
The decline accelerates.

MISC:

Hackers shut down Pirate Bay with DDoS attack. I wonder if the movie or record industry is doing this.

Verizon bows to reality and halts unlimited data plans. All companies will do this eventually.

Mises talks about the crisis of interventionism that is crashing down on us now.
"Yet the age of interventionism is reaching its end. Interventionism has exhausted all its potentialities and must disappear."
And it's going to be painful.
"Interventionism aims at confiscating the "surplus" of one part of the population and at giving it to the other part. Once this surplus is exhausted by total confiscation, a further continuation of this policy is impossible."
That results in the destruction of the economy, kind of like we're seeing now.
"Marching ever further on the way of interventionism, first Germany, then Great Britain and many other European countries, have adopted central planning, the Hindenburg pattern of socialism. It is noteworthy that in Germany the deciding measures were not resorted to by the Nazis, but some time before Hitler seized power by BrĂ¼ning, the Catholic chancellor of the Weimar Republic, and in Great Britain not by the Labor Party but by the Tory prime minister Mr. Churchill. The fact has been purposely obscured by the great sensation made in Great Britain about the nationalization of the Bank of England, the coal mines, and other enterprises. However, these seizures were of subordinate importance only. Great Britain is to be called a socialist country, not because certain enterprises have been formally expropriated and nationalized, but because all the economic activities of all citizens are subject to full control by the government and its agencies."
This is important to realize. The bad systems were created by supposedly good people. Only afterwards did bad people take control of the system. That's because the bad systems required evil men, as Hayek said men who believed the ends justify the means, to run them. You have to break a few eggs to make an omelet.

Miley looks great here, but she's thinner than she used to be. I hope she's not being unhealthy.

Tuesday, May 15, 2012

Free kibbles

SOCIALISM:

Union bosses are just as filthy, stinking rich as the CEOs they demonize.

ECONOMY:

This graph of long-term unemployment is devastating to Obama.
Mitt Romney should make a bumper sticker out of this.

Steve Forbes interviews Jim Rogers.

TAX AND SPEND:

In the lame duck session, Congress may or may not stop the largest tax increase in US history scheduled to occur on Jan. 1, 2013.

Boehner, who has already raised the debt ceiling twice with no cuts to show for it, is once again posturing about demanding cuts. I bet people are falling for it too.

REGULATION:

Apple uses government's grant of intellectual monopoly to crush a competitor.

FEDERAL RESERVE:

Greeks withdraw 700 million euros from banks in preparation for Greece pulling out of the eurozone. We could see a bank run.

GLOBAL WARMING AND ENERGY:

Yet another study links climate to solar activity. We're getting news every day it seems.

POLICE STATE:

Writer makes fun of Americans for being more worried about cyber-threats than terrorism, but this makes perfect sense. Terrorism has never been a big threat in America. The government just uses terrorism as an excuse to loot and bully us. But cyber-security is a real issue. It seems like every other week somebody steals millions of credit card numbers. Anonymous hacks some computer and publishes all their emails. Identity theft is a growing crime. Americans should be worried about cyber-security, but we should end this outrageous war on terror that is making us prisoners in our own country.

FOREIGN POLICY:

Because the US is no longer a symbol of freedom and good, foreign kids no longer dream of America.

POLITICS:

Obama is getting rich by being president.
"He has a hefty stake in JP Morgan Chase, the megabank that just made a bad $2 billion bet. Obama has an account worth between $500,000 and $1 million.
Despite the nation's $15.6 trillion debt, he is a believer in government paper. More than half his assets are in Treasury bills and notes.
The disclosure statement lists assets and liabilities in dollar ranges, so pinpointing the president's net worth is difficult. His assets appear to tally between $2.6 million and $9.9 million. He holds a mortgage on his Chicago home of $500,000 to $1 million."
So Obama is heavily invested with Wall Street cronies he protects from competition and bails out. What a shocker. More Obama Wall Street hypocrisy.

Romney leader in Arizona refuses deal from Paul supporters to take a majority of delegates to Tampa so the Paul supporters will go with a strong majority.

Obama's gay marriage gambit may not give him numbers, but it has excited his base - the media are all tingly again - and that's important. Romney closes gender gap. I've always said that the person who wins the presidency is the man most women would prefer to see in his underwear. I believe this has been true in every election in my lifetime.  Lew Rockwell must have noticed something similar because he believes that Romney is closing the gender gap because he's better looking than Obama. His stand on marriage may have helped him with women too.

Soros funds organization devoted to teaching Democrats how to smear their opponents as racists.

MEDIA:

Pretty good predictions of the media bias we can expect.

MISC:

Financial workers and government workers are most likely to cheat their employers. That's because the banks and government use coercion to make their money. They are inherently corrupt therefore they attract bad people and they corrupt good people.

Monday, May 14, 2012

Free kibbles

ECONOMY:

Ohio joins Michigan, Illinois, New England states and California as among the worst states for small businesses.

When I started writing this blog four years ago, I believed the value was in archiving articles so I could search for them as sources for the essays I wrote in the Dayton City Paper. Over the years, this blog has badly failed to meet that criteria. I rarely find an article I archived for that purpose. I do much better searching Google or Duckduckgo. But it has served a greater purpose. It's provided me a tool to examine related articles I would never have noticed before and link them together for anybody to see.

For example, the USA Today reports...
"Americans may be downbeat about today's economy, a USA TODAY/Gallup Poll finds, but they are increasingly optimistic that things are about to get better for the nation and themselves."
Since I know better, I couldn't help but wonder why this is. Fortunately, the Dayton Daily News answered my query and put the USA Today story in perspective...
"U.S. consumers continue to reach for their credit cards and sign off on auto loans at a brisk clip, boosting borrowing twice as fast as most economists had predicted."
So government's crooks, liars and propagandists have fooled the American people into going deeper into dept, and because of our fractional reserve banking system, debt creates dollars which make people feel wealthier. Dollars are debt masquerading as wealth. More debt produces more dollars produces a greater illusion of wealth which produces more optimism. We're so screwed. This is why government debt, consumer debt and investment debt is so important to the establishment. Without it, our money supply, because it's based on debt, would shrink dramatically and we'd suffer a major, general deflation. This deflation would be great for regular folks. Think about how nice it would be if your groceries cost half as much next week as they did last week. But it would be terrible for the rich and our ruling class because their investments would also be cut in half. Or more.

Pat Buchanan is just beginning to understand the implications of our collapsing economy.
"Only 63.6 percent of the U.S. working age population is now in the labor force, the lowest level since December 1981."
That was in the middle of a big recession. Our population is tremendously larger now.
"The number of Americans of working age not in the labor force grew in April from 87,897,000 to 88,419,000 – by an astonishing 522,000. This is an immense army for the rest of society to carry."
Not an army. More like a funeral pyre, but still needing water, food and shelter. This is one of the reasons liberals encourage abortions. Because of the welfare state they have created, they want to keep the burden of it from growing so fast. The liberal encouragement of abortion by welfare recipients is a form of eugenics.

I don't care about JP Morgan losses. The losses should be a private matter between investors, executives, owners and the board. I care about government intervention that enabled JP Morgan losses. I care that those losses might inspire greater protection of the To Big To Fail businesses like JP Morgan, enabling them to suffer more losses without repercussions. I fear that government might try to use violence to break it's creature - JP Morgan - apart. The losses don't matter. The situation created by government that enabled them and the violence that government may respond with matter.

TAX AND SPEND:

Leftist California Governor Jerry Brown shows the true colors of the establishment by proposing cutting benefits for the poor while retaining the outrageous salaries and benefits for politician and bureaucrats. And the rich will still enjoy skimming off the top. If a Republican had proposed the same cuts, Democrats and their propagandists in the media would have attacked them for being heartless. Only Nixon could go to China. Only Democrats can make cuts.

Merkel threatens to kick Greece out of the eurozone. The euro is doomed.
"Stock markets around the world fell sharply with fears mounting that a euro break-up could lead to renewed financial turmoil."
Renewed? The word renewed implies that financial turmoil had previously stopped. It has not. If people really want financial turmoil to stop, then all the eurozone countries should withdraw. The euro, by its very nature, creates financial turmoil.

FEDERAL RESERVE:

Hermain Cain comes out in favor of returning to a gold standard.
"A gold standard is to moochers and looters in government what sunlight and garlic are to vampires."
Nice.

Big bank stocks sink on JP Morgan loss news. Yawn. They're all hoping for new reguations tha will further quash their competition so they can make even more risky bets knowing full well the government will steal money from taxpayers to cover any loses.

HEALTH CARE:

The dangers of big pharma.

GLOBAL WARMING AND ENERGY:

Did you ever wonder about the consequences of teachers showing Al Gore's lying film in schools? High school students file suit against the federal government demanding it prevent global warming.

More on the phony claims of death threats that the frauds still haven't owned up to.

The Government Accountability Office reports that a region in Colorado, Utah and Wyoming contains the same amount of recoverable oil as all the world's proven oil reserves combined.

Yet another study links climate to solar activity.

POLICE STATE:

The TSA is using the recent false flag terrorist plot "thwarted" by the CIA to implement more invasive searches at airports. I guess that means body cavity searches, otherwise they're as invasive as they can get.

I don't buy this claim that people who helped fight terrorists and are known to the public would be dead if the terrorist threat was real. I don't know the mind of a terrorist, and I don't believe this guy does either. But for decades - yes, decades - I've wondered why terrorists don't blow up an elementary school. If the goal of a terrorist is to terrorize Americans, as we've been told, there is no more valuable target than an elementary school. It's also an easy target. Yet it's never happened. Terrorists know this as well as I do. Terrorists are not who we've been told they are. They don't hate us for our freedom. They don't want to kill us. They don't want to kill our children. They want to change the policies of our government, so they attack our ruling class.

POLITICS:

Obama paid Rev. Wright to not preach during the 2008 campaign.

Obama has opened up the culture war in a way nobody has done since Jimmy Carter. What a horrible man. Both of them. I hate to say this, but I remember when I recognized how much charisma Bill Clinton had, what opportunity he had to do good, and how disgusted I was when he squandered it on his personal, perverted self-interest. I hate to admit, as libertarian as I already was, I hoped for the best. In fact, Clinton helped me realize that only the worst rise to the top of government, whether stupid or evil. He was evil. Obama is even worse. At least neither of the Bushes had charisma to squander so they couldn't disappoint me in that regard. So why is it Democrats always have had all the charisma lately and Republicans haven't? That's not perfectly fair. McCain had no charisma. John Kerry had no charisma. Al Gore had no charisma. Bob Dole had no charisma. Maybe the question is how come Democrats are so bad that even though they often have charisma, Republicans with no charisma generally beat them? Could it be rhetoric? It's rhetoric.

Ron Paul suspends spending in states that haven't voted yet. This doesn't mean he's dropped out of the race as some are saying. He's still on the ballot in every state. He still wants voters to vote for him in every state. He's just using his money to greatest effect. At this moment, despite Paul's efforts, most Paul supporters remain independent.
"Forty-five percent of Paul supporters said they would vote for Romney in the general election, and 39 percent said they would vote to reelect Obama. When libertarian Gary Johnson is thrown into the mix, 16 percent say they’ll vote for him with Obama dropping to 35 percent and Romney dropping to 31 percent."
I'm in the Johnson camp, though I don't support Johnson. I will not vote for the establishment. I can't free myself by voting for a tyrant, whether it be a slightly lesser tyrant or not. I believe this story is related to the euro story. The collapse is coming. It doesn't matter who is president. It's coming. I believe Paul made the calculation that the collapse will hit before 2016, so he's keeping his powder dry so his son can win in 2016. The big question we have to ask now is will the collapse come before November. It very well could. The euro appears to be in dire straits. But at the same time, a collapse of the euro could lend temporary support to the dollar as people look for safe havens.

Some Ron Paul supporters are upset. Too bad. It's one thing to support freedom. It's another to be childish. Paul has to make the best decisions he can given his financial resources. I'm sure he wishes he had millions of more dollars to contest the remaining popular votes. But he doesn't. One of the reasons so many people support him is because he's fiscally responsible. It doesn't pay to attack him for being fiscally responsible now.

MEDIA:

The Newsweek cover proclaiming Obama is the first gay president portrays him with a rainbow colored halo over his head. The Messiah is back, and he's gay.

LOCAL:

The Marxist focus on jobs instead of wealth creation produces idiotic programs like this one in which money stolen from taxpayers is used to destroy wealth in the name of job creation. The value of demolition, like the value of anything else, can only be determined a voluntary marketplace.
"Now that federal stimulus funding has dried up, the partnership is looking for new opportunities as thousands of abandoned homes are slated for demolition in Dayton and nearby communities, said James B. Kent, a designer and builder who supervises the salvage. He said the partnership effort ranks as one of the largest of its kind in the country."
"Much of the salvaged material goes to the Community Store of St. Vincent de Paul, and its Deconstruction Depot on Edwin C. Moses Boulevard, for sale to homebuilders and others."
So it's another crony-anti-capitalist program, stealing the wealth of others to enrich cronies of local politicians  like Kent and the Community Store. Cushy work if you have the political connections.
"“We are creating jobs, we are deconstructing houses and reconstructing lives,” Kent said. “We have individuals with little or no work history who have graduated from our program and gone to other local companies with higher paying jobs and benefits. It has been a win for all.”"
It's not a win for the people who had their money stolen - taxpayers - and their property destroyed.
"Jan Lepore-Jentleson, executive director of East End Community Services, said the project grew from a desire to create jobs for the disadvantaged during tough economic times."
There's the economic fallacy in a nutshell. We'd be better off if they paid them to dig ditches and fill them back in. At least then all they'd be wasting is their labor and our tax dollars. They wouldn't also be destroying wealth.

Dabish internet sweepstakes cafe owner supports regulations to limit his competition.

Crony-anti-capitalism (or should I call it crony-socialism) reared its ugly head as local tyrants blocked a proposed road for a local corporation.
"Huber Heights City Council delayed action Monday night on a proposed access road for The Kroger Aquatic Center at The Heights after more than 10 residents voiced their concerns about how they believe it would affect their properties."
Do they own the property or not? This is government corruption of property rights at its most basic.

MISC:

One of the big gulfs between libertarians and conservatives is abortion. It's one thing to be pro-life, as many libertarians believe. It's another to believe that using government coercion advances that cause, as many conservatives believe. Because abortion occurs at the intersection of the rights of three people, there is no perfect answer. For those who claim abortion is murder, they must also claim that every would-be mother who choses abortion is a murderer. They refuse to adopt the logical consequence of their position, so they cannot be taken seriously. Nobody knows the answer to this problem, but it's impossible for the federal government to adopt the best policy. Like murder, assault, theft and other crimes, this is an issue for the states. Let federalism work. For me personally, coercion can never be the answer. The answer lies in freedom, education and economic opportunity. In that environment, higher morality will prevail.

Sunday, May 13, 2012

Free kibbles

FREEDOM OF SPEECH:

Microsoft funds startup that disrupts bittorrent.

SOCIALISM:

Bill to overhaul government pensions in Ohio.
"Retirees will see their cost of living allowances cut and workers will be told to put in more years, pay more money into the system and accept a lesser benefit at the end of a long career, if the bills become law.
Pension officials, who have been begging lawmakers to take action for nearly three years, say the changes are needed to shore up their finances for the long haul and to allow them to avert drastic cutbacks in health care benefits for current and future retirees."
The looting is coming to an end because there's no more to loot.

ECONOMY:

This article claims that Ohio employers have thousands of job openings, but they can't find qualified workers.
"In the manufacturing industry, which has been responsible for most of Ohio’s job growth during the past year, as many as 600,000 jobs are vacant across the country due to a shortage of skilled workers, according to the 2011 Skills Gap report from The Manufacturing Institute."
"Another, perhaps equally important reason jobs are going unfilled, is the gap between workers’ expectations and the wages employers are willing to offer, said James Brock, a Miami University economics professor."
I don't buy it. If these people really wanted to hire, they'd raise the wage and hire in slightly less qualified people and train them. Whenever companies say they can't find workers they're really saying they aren't willing to pay the market rate for workers which means they don't really want workers. In our crappy economy, that going rate is pretty low (although it's artificially inflated by government intervention). Something tells me they're intentionally setting standards above the market and keep wages below the market because they gain something from the government by pretending they want to hire. It probably protects them from government aggression. The article eventually gets to the truth:
"Challenger said the economy is growing so slowly that most companies are having little trouble meeting demand for their goods and services with workers already on the payroll."
Exactly. But they gain something by pretending to want to hire. There is a flip side:
"“Workers are trolling in a sense, too,” he said. “They’re saying I could take that job and work for less than I want, but I’m not willing to sell my services at that level.”"
Unemployment benefits plus the value of not having to work are keeping people from taking jobs.

JP Morgan to oust three execs for losing $2 billion in risky trades.

David Stockman describes why I've quit using the term crony capitalism in favor of crony-anti-capitalism.
"The point is, this is not the free market at work. This is central bank money printers and their Wall Street cronies perverting what used to be a capitalist market."
It's not capitalism, so we shouldn't call it crony capitalism. It's socialism in the form of crony-anti-capitalism. He also explains why the claims that our financial system was going to collapse in 2008 were lies.
"That is one of the great myths that I address in my book. The banking system, especially the mainstream banking system, was not in peril at all. The toxic securitized mortgage assets were not in the Main Street banks and savings and loans; these institutions owned mostly prime quality whole loans and could have bled down the modest bad debt they did have over time from enhanced loan loss reserves. So the run on money was not at the retail teller window; it was in the canyons of Wall Street. The run was on wholesale money – that is, on repo and on unsecured commercial paper that had been issued in the hundreds of billions by financial institutions loaded down with securitized toxic garbage, including a lot of in-process inventory, on the asset side of their balance sheets."
The banking system was never in trouble. Only Wall Street banks were in trouble, and they should have gone bankrupt.
"The run was on investment banks that were really hedge funds in financial drag. The Goldmans and Morgan Stanleys did not really need trillion-dollar balance sheets to do mergers and acquisitions. Mergers and acquisitions do not require capital; they require a good Rolodex. They also did not need all that capital for the other part of investment banking – the underwriting business. Regulated stocks and bonds get underwritten through rigged cartels – they almost never under-price and really don't need much capital. Their trillion dollar balance sheets, therefore, were just massive trading operations – whether they called it customer accommodation or proprietary is a distinction without a difference – which were funded on 30 to 1 leverage. Much of the debt was unstable hot money from the wholesale and repo market and that was the rub – the source of the panic. Bernanke thought this was a retail run Ă  la the 1930s. It was not; it was a wholesale money run in the canyons of Wall Street and it should have been allowed to burn out."
So Stockman believes Bernanke was stupid, not evil. It could be. He's constantly wrong. Here's Stockman's investment advice:
"My investing model is ABCD: Anything Bernanke Cannot Destroy: flashlight batteries, canned beans, bottled water, gold, a cabin in the mountains."
Bottled water is an interesting choice. It'll be tough to socialist water supplies to survive the collapse. Maybe the same for socialist electricity.

FEDERAL RESERVE:

How the Roman Empire collapsed.
"Salvian left us a first-hand account of how things went to rot. One of the things he mentions over and over is how the peasant class was obliterated by oppressive taxation and how the small land owners indentured themselves to the large land owners who paid their taxes for them, but in return got their land and their labor, eventually leading to feudalism. Even after the small land owners had lost their land and become coloni – those who worked the land but did not own it – they still were liable for the tax, thus permanently indenturing them to the wealthy land owner who paid it for them."
The Romans suffered a gradual collapse over centuries because it necessarily took time to depreciate the money and raise the taxes. But we have a central bank, so our collapse will be much more sudden. The looting by the central bank is virtually invisible, and the direct relationship between cause - inflating the money supply - and effect - increasing prices - is not so clear as cutting coins. When the collapse comes, the government will quickly collapse, unable to pay thugs to tax us more, so we might escape having to indenture ourselves to a billionaire so we can eat. The rest of the comparisons are scary.

GLOBAL WARMING AND ENERGY:

A look at back a prediction made in 2007 that Arctic ice would be gone by 2012. Wrong again.

Blaming waste milk for global warming.

Hybrid Humvee. Historians will look at this as one of the brightest symbols that our society is committing suicide.

Italian anarchists knee-cap a nuclear scientist, promise to shoot more. This is what pervasive government violence has created.

WAR ON DRUGS:

Look at these abominations caused by our war on drugs.
"A law enforcement official said 37 bodies were found in the town of San Juan on the non-toll highway to the border city of Reynosa at about 4 a.m., but officials were still investigating."
"The discovery echoes several other recent cases in which drug gangs have left bodies scattered in public places as warnings to rivals. Thirty-five bodies were left at a freeway overpass in the city of Veracruz in September. Twenty-six were found in November in Guadalajara."
I'm sure the hypocritical puritans who support prohibition have no problem with the violence they're initiating. The number of dismembered bodies is up to 49.

POLICE STATE:

Connecticut police illegally stop man for radioactivity. He had just been given radioactive dye by his doctor for a cardiac exam.

Being generous, the US government spends $400,000,000 for every American it saves from a terrorist attack. Clearly, the government doesn't spend that money on safety. It spends it on enriching its agents and cronies.
"The Department of Homeland Security just ordered 450 million rounds of special "hollow point" .40 caliber ammunition"
Making the owner of some ammunition company a multi-millionaire. Do you think they plan to shoot 450 million terrorists?

In a free society, cops would act like firemen. In our society, cops have a license to kill, and only a fool wouldn't fear it. I've long said the most dangerous situation the vast majority of Americans will ever experience is a run-in with a cop.
"That they do not feel safe when they see a cop."
That's for sure.

What a great teaser line for a book.
"Sibel Edmonds' new book, Classified Woman, is like an FBI file on the FBI, only without the incompetence."
I just put it on my wishlist.
"Edmonds found at the FBI translation unit almost entirely two types of people. The first group was corrupt sociopaths, foreign spies, cheats and schemers indifferent to or working against U.S. national security. The second group was fearful bureaucrats unwilling to make waves. The ordinary competent person with good intentions who risks their job to "say something if you see something" is the rarest commodity. Hence the elite category that Edmonds found herself almost alone in: whistleblowers."
Ouch.

New Jersey town bans texting while walking. Transportation Nazi LaHood wants to ban texting while driving at the federal level.

WAR:

Defense spending is in a bubble too.

Judge Napolitano compares the Guantanamo 9/11 trials to the British Star Chamber and Soviet show trials. Here's where the judge goes wrong:
"But in America, we still have the rule of law."
No we don't. Not even close.

FOREIGN POLICY:

Top Israelis come out publicly against attacking Iran. Good for them. I like how these comments make Netanyahu look unstable while the Iranians appear rational.

POLITICS:

The establishment pulls shenanigans in Oklahoma, shutting down the convention against the rules because Paul supporters were going to control it, so Ron Paul supporters continue the convention in the parking lot.

MEDIA:

Oprah criticized Michelle Obama.

LOCAL:

Wright state offers a novel attempt to keep the education bubble inflated.
"The College of Engineering and Computer Science will offer 30 Ohio students $6,000 annual scholarships and paid research positions during their undergraduate careers."
"The 30 slots offer a guaranteed internship with a regional employer and a four-year scholarship of $6,000 each academic year. Students will have a summer assistantship, earning an additional $4,000. The university’s annual tuition was $8,070 in 2011-12.
The assistantship is for three years — a minimum of two years with Air Force Research Laboratory and the third with an industry partner."
So this is a way to funnel people into government employment. The whole point of trapping students in debt is to make them into indentured servants of the government, and Wright State is proving that.
"“It’s more than a scholarship. When the students graduate from the college, they will have hands-on experience that gives them a direct line on a job upon graduation, and they will graduate virtually debt-free,” said Dean S. Narayanan."
But they still graduate in debt.

MISC:

When Olympic personnel were in London, government officials would change the stop lights in front of them to green to give them a better impression. It's good to be the king. This shows the real purpose of stop lights: power.

After first defending him, Yahoo ousts CEO over resume fraud.

I don't want the government sending me text alerts. I want it to leave me alone.

Setting another record, The Avengers tops $1 billion after second weekend. I guess movies are another bubble.
"The Avengers again provided the bulk of Hollywood's business. Overall domestic revenues totaled $172 million, up 23 percent from the same weekend last year, when "Thor" led with $34.7 million, according to box-office tracker Hollywood.com.

Domestic receipts for the year are at $3.83 billion, 17.6 per cent ahead of last year's with a huge summer lineup yet to come.

Hollywood.com analyst Paul Dergarabedian said he expects Hollywood to break the summer revenue record of $4.4 billion it set last year and top its all-time annual high of $10.6 billion from 2009."
I understand the Avengers are tremendously popular characters, Joss Whedon is a tremendous popular director, the movie was marketed by five previous movies which enabled Hollywood to do something it had never done before, but these numbers signal a bubble.

I wonder how much money Kim K. will con out of Kayne West. You'd have to be incredibly stupid to get anywhere near that gold digger.

Facebook is adopting the pay for perks model so common in games.

Saturday, May 12, 2012

Free kibbles

TAX AND SPEND:

Facebook co-founder renounces citizenship to avoid US taxes.

EDUCATION:

Laundry list of problems created by federal intervention in higher education and the great effects that would occur if that intervention were ended.

GLOBAL WARMING AND ENERGY:

Germans are rolling back their damaging green policies.

Climate frauds lie about death threats. These frauds will lie about anything. They have bad character.

POLICE STATE:

The TSA isn't buying and warehousing equipment for no reason. It's saving that equipment to force on us later.

Naomi Wolf gets this exactly right.
"A cycle of overhyped terror plots involving government agency entrapment feeds a multimillion-dollar surveillance industry."
The American people are easy to scare.
"It is important to note that we can no longer assume that the FBI and the CIA and the NSA work, first of all, for the safety of the American people; they also now represent a revolving door of government officials who become security industry lobbyists and manufacturers, which, in turn, get the multimillion-dollar contracts for tackling the very problems these stories appear to highlight. The stories about the first "underwear bomber" preceded the rollout of former DHS chief Michael Chertoff's costly scanners; the press interviews for this round of mystery "underwear bomber" stories are practically a press release for some expensive technological upgrade – or yet more hellishly invasive and demeaning search technique. The sad truth is that we can no longer report and consume such stories as if there were no commercial vested interests involved in creating and sustaining such "terror theater"."
Congratulations to Wolf for coming out and saying this.
"In fact, what the FBI and CIA and the Pentagon are up against is that people – including Americans – are waking up to the fact that there would be no enemy if we weren't manufacturing new terrorists by taking out civilians in Pakistan, Yemen and Afghanistan."
I hope that's true, but I haven't seen much evidence of it.

POLITICS:

Michele Bachmann rejects Swiss citizenship because of intense pressure. What an idiot.

LOCAL:

Local governments steal money from taxpayers then give it to local businesses and then pretend this is good for the economy.

MISC:

The Onion realizes that Roger Goodell is tin plated tyrant.

Ohio's casinos are about to launch.

Great description of the economic benefits of speculators.

Friday, May 11, 2012

Free kibbles

SOCIALISM:

An immigrant from the Soviet Union schools an Occupier about socialism.

SEIU funding offices for D.C. Occupiers.

ECONOMY:

Obama's policies are driving women out of the labor force.

Apparently the one percent is mildly concerned that its agent list two billion dollars. Apparently they have yawned in response.

Facebook founder looking at a $96 billion IPO surrenders US citizenship to keep the state from robbing billions from him. God bless him ror keeping billions out of the hands of our sociopathic politicians.

TAX AND SPEND:

Germany and Sweden have done well through this recession because they controlled government spending, nearly balancing their budgets. We're too stupid to do that. And if you think Republicans will do it, you're fooling yourself.

FEDERAL RESERVE:

Here come the regulators after JP Morgan, after the damage is done, as always. Is anybody surprised that the failure of regulators to stop the grandiose JP Morgan losses inspired the usual socialists to call for more regulations? That's like bully who had beaten the crap out of all the kids in the neighborhood calling for more beatings because one kid managed to escape him and lose his lunch money gambling.

Sometimes the corruption stories write themselves. For example, as soon as regulations for big banks were written, JP Morgan paid a bunch of tax payer money back to the politicians and regulators to change them...
"Soon after lawmakers finished work on the nation’s new financial regulatory law, a team of JPMorgan Chase lobbyists descended on Washington. Their goal was to obtain special breaks that would allow banks to make big bets in their portfolios, including some of the types of trading that led to the $2 billion loss now rocking the bank."
It's like politicians work for rich people who can improve their standards of living instead of poor people who cannot. What a shocker. I guess progressives would have demanded they eat dirt.

Ron Paul is the undisputed champion of liberty in US politics. But why has the public, by all poll said to distrust the federal government, failed to embrace him? For years I've said Paul's problem is he's a suck-up to the status quo.If Paul had taken a principled resistance to coercion, I think he'd be on the verge of winning the presidency. But he didn't. Instead he deferred to the sociopathic criminal around him on camera. Here's an example:
"One day after chairing a hearing on proposals to abolish or overhaul the central bank, the Texan congressman sat down for the first meal of the day Wednesday with Federal Reserve Chairman Ben Bernanke, the lawmaker confirmed in a brief interview at the Capitol. The decision to meet for breakfast at the Fed was “mutual,” said Mr. Paul, who last year introduced a bill to eliminate the central bank."
Do you think Washington ever sat down to breakfast with George III? Do you think sheep ever enjoy breakfast with wolves? It's this kind of failure of principle that has doomed Paul's popular vote.

HEALTH CARE:

Minnesota farmer delivers raw milk to customers despite warrants. This man is a hero Isn't funny that government has so terribly corrupted our society that men who deliver raw milk have become heroes?

GLOBAL WARMING AND ENERGY:

Obama forced to add coal back into energy graphics for political reasons. Losing 40 percent of the Democrat vote to prisoner in West Virginia really shook his campaign up. Check out this quote:
"Stabbed in the back by coal country in West Virginia’s embarrassing Tuesday Democratic primary, the Obama-Biden campaign has overnight discovered coal."
Who stabbed whom in the back? What a crock.

One of the ways environmental groups fund themselves with our tax dollars is by routinely suing government agencies and collecting millions.
"Environmental groups, however, argue that the act is an important tool in their efforts to protect the public's interest in conservation, fighting pollution and ensuring the federal government follows its own rules."
Baloney. It's an important tool to aid them in fleecing the taxpayer so they can use our tax dollars against us.

POLICE STATE:

Eight-four year old mafia boss convicted of shaking down strip clubs. Meanwhile our government continues to shake down 310,000,000 people every year with impunity.

POLITICS:

Obama publicly targets private citizens because they support his opponent. I don't think this is unusual. Doing PI work on opponents, their cronies and their big donors is just SOP.

You didn't have to be a genius to recognize that Obama's campaign strategy is to talk about any distracting wedge issue he can to avoid talking about the economy. So far he's been successful. But Americans aren't engaged yet. When they get engaged in July, August and September, they focus on the economy.

Christian blacks don't generally support gay marriage, so you have to wonder what they think when talking heads compare gay activism to the civil rights movement. Obama has calculated blacks won't abandon him despite the terrible consequences his policies have had on them and despite supporting gay marriage.

Obama makes millions off of his gay marriage pivot.

Up to 180,000 registered voters in Florida are ineligible to vote.

You know sometimes politicians make it too easy. After recently obtaining duel citizenship with the Swiss, goofball Bachmann has renounced her Swill citizenship. That's like climbing Mt. Everest then renouncing your climb of Mt. Everest. I realize most people, especially those sociopaths drawn to federal government, are ignorant, but it's fun to laugh at this sociopath. I just want to stick my finger in the eye of very Bachmann supporter: you were already blind in one eye for supporting this duffus. Don't do it again.

Hollywood loves Obama, but who's sucking whose dick? Rhetorical question. It doesn't matter.

MEDIA:

Time magazine writer admits the press is on Obama's side.
"Following President Obama’s confirmation that he does indeed support same-sex marriage, Time magazine’s Mark Halperin confirmed the media’s overwhelming support for the president on the issue. On Thursday’s edition of MSNBC’s Morning Joe, Halperin said despite the potential political risks Obama now faces in battleground states, the one advantage President Obama clearly has is media support on this among other issues."
I appreciate his honesty.

In response to the media making a big deal about a Romney incident in high school, Breitbart reports on Obama's sordid high school history. The mainstream media won't pick it up.

Another media member says Obama is giving her chills again. Frankly, that should be cause for being fired. If a news organization wants to project an image of impartiality, accurate or not, it has to fire people who display such obvious bias.

Chris Matthews claims Obama bailed out Ford, but Ford refused to take bailout money.

MISC:

Dreamers wonder about the advantages of driverless cars, but they're wrong about congestion. Congestion would be worse because the automated cars couldn't creatively maneuver to get out of congestion. In fact, traffic might end up being permanent if computers fell into deadlock and no creative was empowered to break the deadlock. It would also take longer to get anywhere in general because the cars would never speed even it was perfectly safe to do so. This would lead to more cars on the roads and more congestion. It would cost more fuel, more wear on the cars and more road wear. Also, government would be able to track everybody at all times as they drove. The downsides far outweigh the upsides except for people who can't, or shouldn't, drive themselves.

Contrasting earlier republics with the republic defined by the US Constitution.

Thursday, May 10, 2012

Free kibbles

FREEDOM OF SPEECH:

Government orders DVD and Blu-ray creators to include two unskippable messages about piracy.

Attorneys General including Ohio's DeWine threaten movie makers if they don't stop showing cigarette smoking in movies marketed rated PG-13 and under.

ECONOMY:

An simple prescription to heals what ails our economy:
"If we want want laborers and employers to come together to discover and create value-productive jobs, then the prescription is simple: leave labor markets alone and let them churn."
It really is that easy.

REGULATION:

The origin of marriage laws.
"The state laws defining and regulating marriage came about during the Progressive Era as an attempt to prevent black and white intermarriage, or what Progressives called "miscegenation." Before then, marriage was left either to the church or to common law."
As always, government corrupts everything it touches. Let's get the government out of marriage and everything else.

FEDERAL RESERVE:

Brokerage suspends betting on whether Greece will leave the eurozone because it's a virtual certainty. Now the odds the euro won't survive 2015.

JP Morgan loses a lot of money.
"JPMorgan’s chief investment office has been transformed in recent years under Chief Executive Officer Jamie Dimon into a unit that makes bigger and riskier speculative bets with the bank’s money, five former employees of the bank said earlier this year. Some of the bets were so big that the bank probably couldn’t unwind them without losing money or roiling financial markets, the former executives said."
Why not? The Fed prints money and hands it over them. The Congress steals our money and hands it over to them. All of their incentives tell them to take huge risks because they could win big profits, and if they lose money, the American people will pay for it one way or the other. The FDIC claims it can guide formerly too big to fail banks to bankruptcy. It's look there's some rivalry going on between the FDIC and the Fed. The Fed exists to keep big banks afloat, and the FDIC can't stop it from printing money and giving it to these banks.

HEALTH CARE:

FDA threatens X-ray machine manufacturers but not TSA over X-ray doses for kids.

GLOBAL WARMING AND ENERGY:

Solar cycle 24 still slumping.

Another example of fraud James Hansen's failed predictions, this time from 1999.

POLICE STATE:

Here's the difference between corruption in the US and the rest of world.
"In Russia they call it corruption, over here, in New York City, they call it EXTORTION WITH A BADGE."
Corruption in the US is legalized, institutionalized and far more expensive.

POLITICS:

Funny speculation since 40 percent of West Virginia Democrats voted for a prison inmate over Obama and his false flag underwear bomb attack didn't fool anybody, he pivoted to supporting gay marriage to boost his support among liberals and deceive some people out of easy money. It is funny that right before the president, who had never supported gay marriage until he needed a boost, came out in support, his administration was complaining Biden went off the reservation.

MEDIA:

The New York Times slimes Romney over 50 year old reported bullying case. What was Obama doing in his childhood? How about at college? We don't know because the press covers it up.

Wednesday, May 09, 2012

Free kibbles

ECONOMY:

Consumer debt surges in March.
"Consumer debt climbs $21.4 billion in March
Increase is largest in more than 10 years"
It's back to similar level as right before the last crash.

Blue states fare worse economically than red states because Democrats tax and spend a little more than Republicans. They also protect unions. No surprise here.

TAX AND SPEND:

Cato comments on the absurd claim that austerity is bad for the economy.
"When the current economic crisis began — largely caused by a government-created housing bubble — we were told that if the government spent an extra trillion dollars or so and ran up the deficit, all would be well. Did it work as advertised in the United States? No. In the United Kingdom? No. In France? No. In Italy? No. In Spain? No. And not even the left wants to talk about Greece. The accompanying chart shows that rather than the austerity the left is whining about, government spending has risen as a share of gross domestic product (GDP) in all of the major economies. Again, the left said unemployment rates should have come down by now, but the opposite is happening. The U.S. unemployment rate has come down slightly, but the percentage of the labor force at work continues to decline, so the real unemployment rate is approximately 15 percent."
Government is a burden on the economy.

HEALTH CARE:

The Tax Foundation analyzes the real costs of Obamacare. They're outrageously huge.

Obamacare will empower government to force medical procedures on people.

POLICE STATE:

The US Air Force is allowed to accidentally spy on Americans for 90 days.

WAR:

Isn't it convenient how the new underwear bomber was foiled right before some surveillance measures expire?
"The head of the FBI has said his agency was "exploiting" the seizure of an intact and advanced form of underwear bomb that Islamic militants in Yemen had apparently wanted to use in an attempt to target a US-based jet.
Robert Mueller told a congressional hearing in Washington on Wednesday that the supposed plot, revealed by the Associated Press on Monday, demonstrated the need to renew surveillance provisions that expire at the end of the year."
Exploited is right.

POLITICS:

I keep saying our rulers have escape plans prepared. Michelle Bachmann obtained dual citizenship with Switzerland.

New biography shows that Obama did not identify with Americans when a young man. I'd say he still doesn't.

Blagojavich barred from speaking.

MEDIA:

New York Times blogger comments on Wikipedia censoring the relationship between Obama's campaign slogan - Forward! - and the socialist movement. More on the Marxist connection.

LOCAL:

Dayton police and firefighters have higher rates of disabilities than their counterparts in other large Ohio cities.