http://www.economicpolicyjournal.com/2012/05/wells-fargo-seizes-stockton-california.html
Just wait to (sic) financial problems start to put a squeeze on state governments.
California and Illinois are high up on the list. They might be able to scrape by
for another year or two, but that's it.
Thursday, May 31, 2012
DAN NORCINI: USDX Pushing Higher as Money Flows into Treasuries
DAN IS THE BEST AT EXPLAINING COMPLICATED THINGS
SO THE LAYMAN CAN UNDERSTAND.
http://www.traderdannorcini.blogspot.com/2012/05/usdx-pushing-higher-as-money-flows-into.html
SO THE LAYMAN CAN UNDERSTAND.
http://www.traderdannorcini.blogspot.com/2012/05/usdx-pushing-higher-as-money-flows-into.html
Money flies out of Spain, regions pressured
THE SYSTEM IS COMING APART AT THE SEAMS...AND FAST.
Spaniards alarmed by the dire state of their banks are squirreling money abroad at the fastest rate since records began, figures showed on Thursday, and the credit ratings of eight regions were cut.
http://www.reuters.com/article/2012/05/31/us-spain-economy-idUSBRE84U08N20120531
Spaniards alarmed by the dire state of their banks are squirreling money abroad at the fastest rate since records began, figures showed on Thursday, and the credit ratings of eight regions were cut.
http://www.reuters.com/article/2012/05/31/us-spain-economy-idUSBRE84U08N20120531
“We Are This Far From A Turnkey Totalitarian State" - Big Brother Goes Live September 2013
THIS ARTICLE SHOULD BE READ RIGHT NOW...AND COMPLETELY
http://www.zerohedge.com/news/%E2%80%9Cwe-are-far-turnkey-totalitarian-state-big-brother-goes-live-september-2013
http://www.zerohedge.com/news/%E2%80%9Cwe-are-far-turnkey-totalitarian-state-big-brother-goes-live-september-2013
FBI quietly forms secretive Net-surveillance unit
CNET has learned that the FBI has formed a Domestic Communications Assistance Center, which is tasked with developing new electronic surveillance technologies, including intercepting Internet, wireless, and VoIP communications.
http://news.cnet.com/8301-1009_3-57439734-83/fbi-quietly-forms-secretive-net-surveillance-unit/
http://news.cnet.com/8301-1009_3-57439734-83/fbi-quietly-forms-secretive-net-surveillance-unit/
IMPLANTING RFID CHIPS IN OUR KIDS WILL BE THE NEXT STEP
Students will be tracked via chips in IDs
Read more: http://www.mysanantonio.com/news/education/article/Students-will-be-tracked-via-chips-in-IDs-3584339.php#ixzz1wULYdWUl
Read more: http://www.mysanantonio.com/news/education/article/Students-will-be-tracked-via-chips-in-IDs-3584339.php#ixzz1wULYdWUl
DO JUDGES EVEN THINK ANYMORE?
http://www.khou.com/video/yahoo-video/Honor-Student-Jailed-for-Absences-153847275.html
SEE MORE ARTICLES ON THIS SITUATION LISTED AT THE WEBSITE LINK ABOVE AS THE GIRL'S 'CONTEMPT' CHARGES WERE DROPPED. 'CONTEMPT' OF WHAT?
(The contempt is for violating a previous court order to not miss school.)
SHE ONLY MISSED SCHOOL DUE TO EXHAUSTION FROM WORKING TWO JOBS, A FULL TIME SCHOOL SCHEDULE AND SUPPORTING TWO SIBLINGS. WHAT A CRIMINAL!
THIS JUDGE IS A COMPLETE IDIOT AS YOU CAN DETERMINE FROM HIS ANSWERS TO THE REPORTER. WHAT A LAME PIECE OF CRAP HE IS!
HERE IS THE LINK TO THE PETITION TO HAVE THIS JUDGE DISBARRED:
(COPY AND PASTE OR HIGHLITE AND RIGHT CLICK ON IT)
http://www.change.org/
SEE MORE ARTICLES ON THIS SITUATION LISTED AT THE WEBSITE LINK ABOVE AS THE GIRL'S 'CONTEMPT' CHARGES WERE DROPPED. 'CONTEMPT' OF WHAT?
(The contempt is for violating a previous court order to not miss school.)
SHE ONLY MISSED SCHOOL DUE TO EXHAUSTION FROM WORKING TWO JOBS, A FULL TIME SCHOOL SCHEDULE AND SUPPORTING TWO SIBLINGS. WHAT A CRIMINAL!
THIS JUDGE IS A COMPLETE IDIOT AS YOU CAN DETERMINE FROM HIS ANSWERS TO THE REPORTER. WHAT A LAME PIECE OF CRAP HE IS!
HERE IS THE LINK TO THE PETITION TO HAVE THIS JUDGE DISBARRED:
(COPY AND PASTE OR HIGHLITE AND RIGHT CLICK ON IT)
http://www.change.org/
PLEASE TAKE THE FEW SECONDS TO SIGN IT!
HERE IS MORE ON THIS JUDGE'S RECORD:
Judge Lanny Moriarty was only a high school graduate. He was reelected in 2010 by default. His current term ends 2014. Surely someone in Montgomery County is more capable than this sorry excuse of a judge. You don't even have to be a lawyer. Lanny Moriarty gives other civil servants a bad name.
The file below contains the Texas Ethics Commission’s Order and Agreed Resolution for Montgomery County, Texas, Precinct 1 Justice of the Peace, Lanny Moriarty. JP Moriarty agreed to pay a $2,800 civil fine for various alleged mistakes made on campaign finance reports. Some of the alleged mistakes listed included receiving contributions from corporations. Additional alleged mistakes included failure to file timely and complete campaign finance reports.
Ethics Penalty – Lanny Moriarty – Precinct 1 Justice of the Peace.
(HIGHLITE AND RIGHT CLICK THE LINK)
http://
HERE IS MORE ON THIS JUDGE'S RECORD:
Judge Lanny Moriarty was only a high school graduate. He was reelected in 2010 by default. His current term ends 2014. Surely someone in Montgomery County is more capable than this sorry excuse of a judge. You don't even have to be a lawyer. Lanny Moriarty gives other civil servants a bad name.
The file below contains the Texas Ethics Commission’s Order and Agreed Resolution for Montgomery County, Texas, Precinct 1 Justice of the Peace, Lanny Moriarty. JP Moriarty agreed to pay a $2,800 civil fine for various alleged mistakes made on campaign finance reports. Some of the alleged mistakes listed included receiving contributions from corporations. Additional alleged mistakes included failure to file timely and complete campaign finance reports.
Ethics Penalty – Lanny Moriarty – Precinct 1 Justice of the Peace.
(HIGHLITE AND RIGHT CLICK THE LINK)
http://
THE DOLLAR VIGILANTE: Amerika: Keeping The Tax Mules In Harness
http://www.dollarvigilante.com/blog/2012/5/28/amerika-keeping-the-tax-mules-in-harness.html
...examples of the U.S. government (and governments in the U.S. at all levels) cracking down, closing in, and circling the wagons, not to keep the bad guys out, but the good guys in. U.S. citizens are told to pay their taxes or lose their passports, but never, ever voluntarily turn their passports in under penalty of law that includes draconian financial assessments and a prohibition of ever entering the U.S. again.
...examples of the U.S. government (and governments in the U.S. at all levels) cracking down, closing in, and circling the wagons, not to keep the bad guys out, but the good guys in. U.S. citizens are told to pay their taxes or lose their passports, but never, ever voluntarily turn their passports in under penalty of law that includes draconian financial assessments and a prohibition of ever entering the U.S. again.
GT HAS NO PARTY AFFILIATION
GT WOULD PREFER NEITHER ROMNEY OR OBAMA BE ELECTED BUT IS ADAMANT THAT ELECTIONS NOT BE MANIPULATED.
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REALIZED OVER 100 YEARS AGO
"Every ambitious would-be empire clarions it abroad that she is conquering the world to bring it peace, security and freedom, and is sacrificing her sons only for the most noble and humanitarian purposes. That is a lie, and it is an ancient lie, yet generations still rise and believe it! ...
If America ever does seek Empire, and most nations do, then planned reforms in our domestic life will be abandoned, States Rights will be abolished -- in order to impose a centralized government upon us for the purpose of internal repudiation of freedom, and adventures abroad.
The American Dream will then die -- on battlefields all over the world -- and a nation conceived in liberty will destroy liberty for Americans and impose tyranny on subject nations." - George S. Boutwell - (1818-1905) American statesman, Secretary of the Treasury under President Ulysses S. Grant
Wednesday, May 30, 2012
MAY 29, 2012Trump Could Help Romney Win Elusive Billionaire Asshole VoteBid to Woo Top .00001%
NEW YORK (The Borowitz Report) – Businessman Donald Trump’s endorsement of former Governor Mitt Romney could help the presumptive GOP nominee win over the support of a constituency that has been cool to him thus far: billionaire assholes.
Reportedly, the top .00001% wealthiest Americans have regarded Mr. Romney with suspicion to date, wondering, in the words of one billionaire, “if he’s really one of us.” “It’s a bit of a reach for us billionaires to vote for someone like Romney, who just has a couple of hundred million in the bank,” said Grayson Rance, a billionaire who has so far viewed the former Massachusetts governor warily. “But if a bona fide billionaire asshat like Trump is for him, that makes you give the guy a second chance.” Mr. Rance said that it was hard to believe that Mr. Romney, “who only owns five or six homes, could relate to people like us and understand our problems,” but that Mr. Trump’s thumbs-up “counts for a lot.” Speaking on CNN’s “Situation Room,” Mr. Trump told host Wolf Blitzer his reason for endorsing Mr. Romney: “After four years of a President who was born overseas, its time for a President who was born here and sends his money overseas.” As for Mr. Romney, he experienced a rare emotional moment on Memorial Day, placing a wreath on the Tomb of the Unknown Banker. |
GARY NORTH BULLSHIT: Making Food Stamps More Tasty Politically
http://teapartyeconomist.com/2012/03/23/making-food-stamps-more-tasty-politicall/
GT's COMMENT POSTED ON THE ABOVE ARTICLE :
"Let's see now....all you righteous folks who are against a program that keeps people from starving because the government YOU ALL ALLOWED TO EXIST due to your lack of GETTING INVOLVED in your local, state and Federal politics that has driven the ENTIRE POPULATION into poverty (YES, you will soon be in poverty when the economy collapses) by supporting criminal, thieving banksters and corporations that give their top management outrageous bonuses even when they lose money and politicians who SELL THEMSELVES TO THE HIGHEST BIDDER now think you are so ABOVE IT ALL that you can call your fellow citizens a drain out of your pocket. I wonder if ANY OF YOU realizes just how much YOU ARE SUBSIDIZED in your life style by the government edicts that give YOU tax breaks and/or incentives that allow you your lifestyle.
How many of you who employ others are willing to pay them a living wage or treat them like human beings. Not many I suspect. But you're always complaining how your costs are increasing. But that's because YOU ALLOW this government to print money until all outstanding money loses value requiring suppliers to raise their prices to maintain the same income. So instead of raising YOUR PRICES, you CHISEL YOUR EMPLOYEES on their wages or lay them off thus reducing THEIR ABILITY TO CONSUME.
GET REAL YOU RIGHTEOUS STUPID PEOPLE
Educate yourselves about Austrian Economics at MISES.ORG and other websites that speak THE TRUTH about economics and HOW THE WORLD REALLY WORKS.
As to Gary North...Gary is a RELIGIOUS RIGHT WING CONSERVATIVE ZEALOT who would probably let his mother starve if she was down and out and asked for a handout, just like people who are down and out of luck through NO FAULT OF THEIR OWN are doing when they are starving and can't feed their kids.
I have no qualms about limiting the type of foods that people should be able to buy with food benefits to only basic meats and vegetable and baking goods for bread as long as it's not limited to hamburger (total fat crap tainted with E Choli) or Spam. Packaged foods in boxes are mostly CRAP, but canned and frozen foods are okay, frozen being best, but many poor folks don't have a freezer to buy in bulk.
Pretty soon most of you righteous complainers are going to be starving with the rest of the poor. YOU JUST DON'T KNOW IT YET BECAUSE YOU ARE STUPID, UNEDUCATED AND BIGOTED AND THINK YOU ARE BETTER THAN OTHERS!
YOU AREN'T....YOU'RE JUST STUPID!"
GT's COMMENT POSTED ON THE ABOVE ARTICLE :
"Let's see now....all you righteous folks who are against a program that keeps people from starving because the government YOU ALL ALLOWED TO EXIST due to your lack of GETTING INVOLVED in your local, state and Federal politics that has driven the ENTIRE POPULATION into poverty (YES, you will soon be in poverty when the economy collapses) by supporting criminal, thieving banksters and corporations that give their top management outrageous bonuses even when they lose money and politicians who SELL THEMSELVES TO THE HIGHEST BIDDER now think you are so ABOVE IT ALL that you can call your fellow citizens a drain out of your pocket. I wonder if ANY OF YOU realizes just how much YOU ARE SUBSIDIZED in your life style by the government edicts that give YOU tax breaks and/or incentives that allow you your lifestyle.
How many of you who employ others are willing to pay them a living wage or treat them like human beings. Not many I suspect. But you're always complaining how your costs are increasing. But that's because YOU ALLOW this government to print money until all outstanding money loses value requiring suppliers to raise their prices to maintain the same income. So instead of raising YOUR PRICES, you CHISEL YOUR EMPLOYEES on their wages or lay them off thus reducing THEIR ABILITY TO CONSUME.
GET REAL YOU RIGHTEOUS STUPID PEOPLE
Educate yourselves about Austrian Economics at MISES.ORG and other websites that speak THE TRUTH about economics and HOW THE WORLD REALLY WORKS.
As to Gary North...Gary is a RELIGIOUS RIGHT WING CONSERVATIVE ZEALOT who would probably let his mother starve if she was down and out and asked for a handout, just like people who are down and out of luck through NO FAULT OF THEIR OWN are doing when they are starving and can't feed their kids.
I have no qualms about limiting the type of foods that people should be able to buy with food benefits to only basic meats and vegetable and baking goods for bread as long as it's not limited to hamburger (total fat crap tainted with E Choli) or Spam. Packaged foods in boxes are mostly CRAP, but canned and frozen foods are okay, frozen being best, but many poor folks don't have a freezer to buy in bulk.
Pretty soon most of you righteous complainers are going to be starving with the rest of the poor. YOU JUST DON'T KNOW IT YET BECAUSE YOU ARE STUPID, UNEDUCATED AND BIGOTED AND THINK YOU ARE BETTER THAN OTHERS!
YOU AREN'T....YOU'RE JUST STUPID!"
Sunday, May 27, 2012
ZEROHEDGE: Guest Post: War Pigs - The Fall Of A Global Empire
Submitted by Jim Quinn from The Burning Platform
http://www.zerohedge.com/news/guest-post-war-pigs-fall-global-empire
http://www.zerohedge.com/news/guest-post-war-pigs-fall-global-empire
We will bankrupt ourselves in the vain search for absolute security.” -Dwight D. Eisenhower
“How far can you go without destroying from within what you are trying to defend from without?” -Dwight D. Eisenhower
As Americans mindlessly celebrate another Memorial Day with cookouts, beer and burgers, the U.S. war machine keeps churning. As we brutally enforce our will on foreign countries, we create more people that hate us. They don’t hate us for our freedom. They hate us because we have invaded and occupied their countries. They hate us because we kill innocent people with predator drones. They hate us for our hypocrisy regarding democracy and freedom.
Just when we had the opportunity to make a sensible decision by leaving Iraq and exiting the Middle East quagmire, Obama made the abysmal choice to casually sacrifice more troops in the Afghan shithole. We have thrown over $1.3 trillion down Middle East rat holes over the last 11 years with no discernible benefit to the citizens of the United States.
George Bush and Barack Obama did this to prove they were true statesmen. The Soviet Union killed over 1 million Afghans, while driving another 5 million out of the country and retreated as a bankrupted and defeated shell after ten years. Young Americans continue to die, for whom and for what?
Our foreign policy during the last eleven years can be summed up in one military term, SNAFU – Situation Normal All Fucked Up. These endless foreign interventions under the guise of a War on Terror are a smoke screen for what is really going on in this country.
When a government has unsolvable domestic problems, they try to distract the willfully ignorant masses by proactively creating foreign conflicts based upon false pretenses.
General Douglas MacArthur understood this danger to our liberty.
“I am concerned for the security of our great Nation; not so much because of any threat from without, but because of the insidious forces working from within.”
Saturday, May 26, 2012
Against Annihilation of the Spirit: Let Us All Become Cowards
http://powerofnarrative.blogspot.co.uk/2012/05/against-annihilation-of-spirit-let-us.html
AS OUR GUV'MINT DECLARES A HOLIDAY TO REMEMBER THOSE WHO 'DIED FOR OUR FREEDOM'...
CONSIDER THIS ESSAY
AS OUR GUV'MINT DECLARES A HOLIDAY TO REMEMBER THOSE WHO 'DIED FOR OUR FREEDOM'...
CONSIDER THIS ESSAY
Friday, May 25, 2012
Jacob G. Hornberger: Obama Is Right — It’s Time for Reflection
http://www.fff.org/blog/jghblog2012-05-01.asp
President Obama says that the one-year anniversary of the U.S. military’s killing of Osama bin Laden should be a time of reflection rather than a time of celebration.
President Obama says that the one-year anniversary of the U.S. military’s killing of Osama bin Laden should be a time of reflection rather than a time of celebration.
Indeed. Let’s do some reflecting.
Immediately after the 9/11 attacks, U.S. officials claimed that the attackers had been motivated by hatred for America’s “freedom and values.”
That was a crock...
Jacob G. Hornberger: 1993: A Fateful Year in the War on Terrorism
http://www.fff.org/blog/jghblog2012-05-16.asp
Immediately after the 9/11 attacks, President Bush and other U.S. officials immediately proclaimed that the terrorists were motivated by their hatred for America’s “freedom and values.”
Let’s examine that position in light of two important events that took place in 1993, some eight years before the 9/11 attacks.
At his sentencing hearing in U.S. district court, Yousef angrily said to the federal judge: “Yes, I am a terrorist, and proud of it as long as it is against the U.S. government and against Israel, because you are more than terrorists; you are the one who invented terrorism and using it every day. You are butchers, liars, and hypocrites.”
Do you see anything in those statements about America’s “freedom and values”?
Introducing the Hot New Social Network, PhoneBook
Introducing the Hot New Social Network, PhoneBook
SILICON VALLEY (The Borowitz Report) – A new social network is about to alter the playing field of the social media world, and it’s called PhoneBook.
According to its creators, who invented the network in their dorm room at Berkeley, PhoneBook is the game-changer that will leave Facebook, Twitter and even the much anticipated Google Buzz in a cloud of dust.
“With PhoneBook, you have a book that has a list of all your friends in the city, plus everyone else who lives there,” says Danny Fruber, one of PhoneBook’s creators.
“When you want to chat with a friend, you look them up in PhoneBook, and find their unique PhoneBook number,” Fruber explains. “Then you enter that number into your phone and it connects you directly to them.”
Another breakout utility of PhoneBook allows the user to arrange face-to-face meetings with his or her friends at restaurants, bars, and other “places,” as Fruber calls them.
“You will be sitting right across from your friend and seeing them in 3-D,” he said. “It’s like Skype, only without the headset.”
PhoneBook will enable friends to play many games as well, such as charades, cards, and a game Fruber believes will be a breakout: Farm.
“In Farm, you have an actual farm where you raise real crops and livestock,” he says. “It’s hard work, but it’s more fun than Mafia, where you actually get killed.”
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MENLO PARK, CA (The Borowitz Report) – The following letter to Facebook users was issued today by Facebook founder and CEO, Mark Zuckerberg:
Dear Facebook User,
Hi, it’s Mark.
As you may have heard, our IPO last week didn’t go quite as well as expected. How badly did it go, exactly? If you live in a major city, you’ve probably seen homeless guys huddled around bonfires of Facebook stock. More ominously, I just received a call from my attorney telling me that I probably didn’t need a prenup after all.
If you’re a Facebook investor, you already know what this means: it sucks to be you. But what if you’re one of the billion Facebook users in the world? Well, it also sucks to be you, because I am writing to you now to ask for your financial support to help save Facebook.
It's only fair. Since its founding in 2004, Facebook has totally revolutionized the way you waste your life. Without it, you would find yourself in the unpleasant and awkward position of having to speak to your family. And so, to keep Facebook alive, I am instituting the following new usage charges:
-- $1 per poke
-- $5 for every ex you crop out of a profile picture
-- $10 for every time you stalk someone from high school, college, or job you were fired from because of that HR “incident”
-- $15 for every “friend” you have never met (no charge for friends you know, if any)
-- $20 for every sheep, bird, or the Scrabble letters Z, X or Q
With your financial help, Facebook should be around for many years to come, providing you with hours upon hours of pointless and isolating activity. Without your help? I’ve just got one word for you: Friendster.
Help me,
Mark
Dear Facebook User,
Hi, it’s Mark.
As you may have heard, our IPO last week didn’t go quite as well as expected. How badly did it go, exactly? If you live in a major city, you’ve probably seen homeless guys huddled around bonfires of Facebook stock. More ominously, I just received a call from my attorney telling me that I probably didn’t need a prenup after all.
If you’re a Facebook investor, you already know what this means: it sucks to be you. But what if you’re one of the billion Facebook users in the world? Well, it also sucks to be you, because I am writing to you now to ask for your financial support to help save Facebook.
It's only fair. Since its founding in 2004, Facebook has totally revolutionized the way you waste your life. Without it, you would find yourself in the unpleasant and awkward position of having to speak to your family. And so, to keep Facebook alive, I am instituting the following new usage charges:
-- $1 per poke
-- $5 for every ex you crop out of a profile picture
-- $10 for every time you stalk someone from high school, college, or job you were fired from because of that HR “incident”
-- $15 for every “friend” you have never met (no charge for friends you know, if any)
-- $20 for every sheep, bird, or the Scrabble letters Z, X or Q
With your financial help, Facebook should be around for many years to come, providing you with hours upon hours of pointless and isolating activity. Without your help? I’ve just got one word for you: Friendster.
Help me,
Mark
The Rape of Delaware County, Oklahoma
http://www.informationliberation.com/?id=39727
n Oklahoma’s Delaware County, Sheriff’s deputies were too busy figuratively raping motorists in the village of Bernice to supervise guards who were literally raping inmates in the county jail. As a result, the County Commission has put the screws to the entire county in the form of an 18 percent sales tax increase in order to pay the victims a $13.5 million settlement.
GT sez:
THIS ONE WILL REALLY PISS YOU OFF
n Oklahoma’s Delaware County, Sheriff’s deputies were too busy figuratively raping motorists in the village of Bernice to supervise guards who were literally raping inmates in the county jail. As a result, the County Commission has put the screws to the entire county in the form of an 18 percent sales tax increase in order to pay the victims a $13.5 million settlement.
GT sez:
THIS ONE WILL REALLY PISS YOU OFF
Alaska Gun Dealers Tell Federal Gun Agents “No Deal.”
http://teapartyeconomist.com/2012/05/25/alaska-gun-dealers-tell-batf-agents-no-deal/
Agents of the U.S. Bureau of Alcohol, Tobacco, Firearms, and Explosives began asking gun dealers on Alaska to open their files to the BATFE (which is known to gun owners by its old acronym, BATF). The dealers refused to cooperate.
The head of the BATF made the usual response of a bureaucrat whose agency gets caught in something blatantly illegal. “Oh, gee, how did this happen? I never authorized this. Gosh, all whillakers, it will never happen again.” The Congressman seems to have bought it, hook line and sinker.
Agents of the U.S. Bureau of Alcohol, Tobacco, Firearms, and Explosives began asking gun dealers on Alaska to open their files to the BATFE (which is known to gun owners by its old acronym, BATF). The dealers refused to cooperate.
The head of the BATF made the usual response of a bureaucrat whose agency gets caught in something blatantly illegal. “Oh, gee, how did this happen? I never authorized this. Gosh, all whillakers, it will never happen again.” The Congressman seems to have bought it, hook line and sinker.
Oklahoma Speed Trap Town Must Pay Back Fines. It Refuses.
http://teapartyeconomist.com/2012/05/25/oklahomas-speed-trap-must-pay-back-fines-since-1977/
http://www.informationliberation.com/?id=39727
The justification for imposing fines for speeding is to get a fund to pay victims of hit-and-run accidents. The idea of victim’s rights should determine fines.
http://www.informationliberation.com/?id=39727
The justification for imposing fines for speeding is to get a fund to pay victims of hit-and-run accidents. The idea of victim’s rights should determine fines.
In practice, police departments use fines as a revenue source. This is a perversion of the law. It is also universal.
MAN TICKETED FOR DROPPING DOLLAR ON GROUND
http://www.wnd.com/2012/05/man-ticketed-for-dropping-donation-on-ground/print/
Gary North’s first law of bureaucracy is this: “Some bureaucrat will eventually enforce the letter of the law to the point of insanity.”
Here is a recent example.
Gary North’s first law of bureaucracy is this: “Some bureaucrat will eventually enforce the letter of the law to the point of insanity.”
Here is a recent example.
Thursday, May 24, 2012
William K. Black: JPMorgan’s Addiction to Gambling on Derivatives
http://www.ritholtz.com/blog/2012/05/jpmorgans-addiction-to-gambling-on-derivatives/
JPMorgan is in trouble because Dimon and his senior managers are addicted to gambling on financial derivatives with our money. The lesson they learned from the ongoing crisis is that they could get away with this. If they continue to gamble on financial derivatives it is only a matter of time before they suffer catastrophic losses. It is imperative that the SDIs be shrunk to the size that they no longer pose a systemic risk and can be closed without bailing out their creditors. The regulators need to replace Dimon with a manager who is not addicted to exploiting federal subsidies to gamble on financial derivatives.
JPMorgan is in trouble because Dimon and his senior managers are addicted to gambling on financial derivatives with our money. The lesson they learned from the ongoing crisis is that they could get away with this. If they continue to gamble on financial derivatives it is only a matter of time before they suffer catastrophic losses. It is imperative that the SDIs be shrunk to the size that they no longer pose a systemic risk and can be closed without bailing out their creditors. The regulators need to replace Dimon with a manager who is not addicted to exploiting federal subsidies to gamble on financial derivatives.
Here’s the REAL DEAL NO BS Situation with Europe (Warning What Follows is EXTREMELY BAD).
http://www.zerohedge.com/contributed/2012-21-24/here%E2%80%99s-real-deal-no-bs-situation-europe-warning-what-follows-extremely-bad
The media is rife with misrepresentations and analysis of the EU. Here’s the real deal.
The media is rife with misrepresentations and analysis of the EU. Here’s the real deal.
What If We Have Only Memories Of Freedom?
Andrew Napolitano asks disturbing questions about government preceding Memorial Day
http://www.informationclearinghouse.info/article31411.htm
What if Memorial Day reminds us of times when we had more freedom? What if freedom is dying right under our eyes? What if the memory of the past is more fulfilling than the reality of the present?
What if this unconstitutional monstrosity becomes the law and your right to due process depends on whether you remain with the majority, stay silent or behave properly? What if the Constitution’s guarantees are not guarantees at all, but are subject to the whims of whoever is in power?
What if, on Memorial Day, we remember times that were freer than today? What if, on Memorial Day, when we think of those who died for our freedom, we end up recognizing that the freedom they died for is dying? What if it becomes fashionable for the government to ignore the Constitution? What if the Constitution dies because the government stops following it? What if, next Memorial Day, freedom is just a memory?
http://www.informationclearinghouse.info/article31411.htm
What if Memorial Day reminds us of times when we had more freedom? What if freedom is dying right under our eyes? What if the memory of the past is more fulfilling than the reality of the present?
What if this unconstitutional monstrosity becomes the law and your right to due process depends on whether you remain with the majority, stay silent or behave properly? What if the Constitution’s guarantees are not guarantees at all, but are subject to the whims of whoever is in power?
What if, on Memorial Day, we remember times that were freer than today? What if, on Memorial Day, when we think of those who died for our freedom, we end up recognizing that the freedom they died for is dying? What if it becomes fashionable for the government to ignore the Constitution? What if the Constitution dies because the government stops following it? What if, next Memorial Day, freedom is just a memory?
CALL THE WHITE HOUSE TODAY AND DEMAND ACCOUNTABILITY FOR THE CRIMINAL ACTIONS OF THOSE WHO HAVE DESTROYED OUR SOCIETY
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Dear Friend,
Just a few weeks ago, Treasury Secretary Timothy Geithner said that crimes did not play a significant role in the financial collapse.1 Secretary Geithner was never, ever an ally in the fight for Wall Street accountability, but similar sentiments have also been expressed by both Attorney General Eric Holder2 and President Obama.3
And when Attorney General Holder recently listed his priorities for the end of the term, Wall Street accountability wasn't even on the list!4
If we want to see criminal Wall Street bankers behind bars, we must insist that President Obama make criminal prosecutions a priority.
If the financial crimes task force President Obama announced in his State of the Union speech doesn't hand down criminal indictments soon, we might never see Wall Street bankers held accountable for causing the worst economic collapse since the Great Depression.
But the task force is only staffed with a fraction of the investigators needed to do its job.5 So even simply making criminal indictments a low priority would be tantamount to taking them off the table.
We need to speak out now to put this at the top of the agenda.
Click the link below for the numbers to call and a sample script.
Thank you for speaking out.
Matt Lockshin, Campaign Manager
CREDO Action from Working Assets
1. "Grumbling Grows on Left Over Slow-Going in Wall Street Crisis Investigations," The Hill, 04-27-12.
2. "Holder Defends Efforts to Fight Financial Fraud," The New York Times, 02-23-12. 3. "Obama's Take on Wall Street Prosecutions," The New York Times, 12-12-11. 4. "Assessing Schneiderman's Task Force Gamble," FDL News, 04-27-12. 5.Ibid. |
MAY 24, 2012
U.S. Sends Emergency Shipment of Negative Ads to Egypt
Aid to Fledgling Democracy
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CAIRO (The Borowitz Report – In what it is calling a mission to support a fledgling democracy in the Middle East, the United States this week sent an emergency shipment of negative ads to Cairo.
Explaining the secret mission, a State Department official said that with its first democratic elections getting underway, “Egypt had no access to the mother’s milk of any working democracy: vicious campaign ads full of lies and distortions.”
Starting at dawn on Sunday, U.S. Army paratroopers descended on the Middle Eastern nation armed with pamphlets, flyers, and DVDs of TV ads full of libelous falsehoods about Egypt’s presidential candidates.
Harland Dorrinson, the U.S. Undersecretary of State for the Middle East, said teaching Egyptian politicians the basics of character assassination was “an important first step” in supporting democracy in Egypt, but stressed that “much work still needs to be done.”
“Right now, there’s no apparatus for major companies to funnel billions of dollars directly to political campaigns,” he said. “Until corporations have total control over the outcome of elections, we won’t be able to say that Egypt has a functioning democracy like ours.”
But Mr. Dorrinson remained upbeat, saying he has seen early signs that democracy may be taking hold in Egypt: “Already, they’re calling one of the presidential candidates a Muslim.”
Elsewhere, a new study shows that congressmen speak English at a 10th grade level, which means that the U.S. is being governed by children who were left behind.
Explaining the secret mission, a State Department official said that with its first democratic elections getting underway, “Egypt had no access to the mother’s milk of any working democracy: vicious campaign ads full of lies and distortions.”
Starting at dawn on Sunday, U.S. Army paratroopers descended on the Middle Eastern nation armed with pamphlets, flyers, and DVDs of TV ads full of libelous falsehoods about Egypt’s presidential candidates.
Harland Dorrinson, the U.S. Undersecretary of State for the Middle East, said teaching Egyptian politicians the basics of character assassination was “an important first step” in supporting democracy in Egypt, but stressed that “much work still needs to be done.”
“Right now, there’s no apparatus for major companies to funnel billions of dollars directly to political campaigns,” he said. “Until corporations have total control over the outcome of elections, we won’t be able to say that Egypt has a functioning democracy like ours.”
But Mr. Dorrinson remained upbeat, saying he has seen early signs that democracy may be taking hold in Egypt: “Already, they’re calling one of the presidential candidates a Muslim.”
Elsewhere, a new study shows that congressmen speak English at a 10th grade level, which means that the U.S. is being governed by children who were left behind.
Tuesday, May 22, 2012
Turning Local Police into Federal Informants
http://teapartyeconomist.com/2012/05/01/tuning-local-police-into-federal-informants/
This recruiting video was produced by the U.S. government.
It invites local police to become informants.
This recruiting video was produced by the U.S. government.
It invites local police to become informants.
Civil Forfeiture Video: A Huge Money Tree for Cops
Civil Forfeiture Video: A Huge Money Tree for Cops
http://teapartyeconomist.com/2012/05/22/civil-forfeiture-video-a-huge-money-tree-for-cops/
Heist of the century: Wall Street's role in the financial crisis
Wall Street bankers could have averted the global financial crisis, so why didn't they? In this exclusive extract from his book Inside Job, Charles Ferguson argues that they should be prosecuted
http://www.guardian.co.uk/business/2012/may/20/wall-street-role-financial-crisis
http://www.guardian.co.uk/business/2012/may/20/wall-street-role-financial-crisis
The Police State Is Here
http://www.informationclearinghouse.info/article31396.htm
What recourse do the people have when police forces violate the very law they are sworn to uphold and the courts become complicit in their abuse? As disturbing as that question is, it is one that American people must ask themselves if the country’s descent into tyranny is to be arrested.
What recourse do the people have when police forces violate the very law they are sworn to uphold and the courts become complicit in their abuse? As disturbing as that question is, it is one that American people must ask themselves if the country’s descent into tyranny is to be arrested.
Man Loses $22,000 In New 'Policing For Profit' Case
MORE DETAILS ON THIS INCIDENT
IN MONTEREY TENNESSEE OF ATTEMPTED THEFT
OF MONEY OF OUT OF STATE MOTORIST
BY CORRUPT POLICE
http://www.newschannel5.com/story/18241221/man-loses-22000-in-new-policing-for-profit-case#.T7uU2wv55J4.twitter
IN MONTEREY TENNESSEE OF ATTEMPTED THEFT
OF MONEY OF OUT OF STATE MOTORIST
BY CORRUPT POLICE
http://www.newschannel5.com/story/18241221/man-loses-22000-in-new-policing-for-profit-case#.T7uU2wv55J4.twitter
Monday, May 21, 2012
Paul Craig Roberts: Recovery or Collapse? Bet on Collapse
http://www.informationclearinghouse.info/article31385.htm
The US financial system and, probably, the financial system of Europe, like the police, no longer serves a useful social purpose.
The US financial system and, probably, the financial system of Europe, like the police, no longer serves a useful social purpose.
How the Ultra-Rich Betray America
http://www.informationclearinghouse.info/article31393.htm
The betrayals come in many forms. Here are a few of the more outrageous, and destructive, examples:
The betrayals come in many forms. Here are a few of the more outrageous, and destructive, examples:
Neither the Fed Nor the ECB Can Stop What's Coming
http://www.zerohedge.com/contributed/2012-21-21/neither-fed-nor-ecb-can-stop-whats-coming?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29
Today, we are witnessing the investment world’s slow awakening to the fact that the monetary actions taken by the world’s Central Banks have not in fact solved the issues leading up to the 2008 Crisis.
In point of fact, the Central Banks’ actions have exacerbated pre-existing problems (excessive leverage) while simultaneously creating new problems (inflation).
Today, we are witnessing the investment world’s slow awakening to the fact that the monetary actions taken by the world’s Central Banks have not in fact solved the issues leading up to the 2008 Crisis.
In point of fact, the Central Banks’ actions have exacerbated pre-existing problems (excessive leverage) while simultaneously creating new problems (inflation).
Sunday, May 20, 2012
MAY 20, 2012
Blind Chinese Dissident Already Sick of Kardashians
Sisters’ Omnipresence ‘Troubling,’ Says Chen
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NEW YORK (The Borowitz Report) - In his first interview since arriving in America, blind Chinese activist Chen Guangcheng told reporters today that he is grateful to be in the United States but is already “sick of these Kardashians.”
“Who are they, and what do they do?” Chen asked. “I have asked these questions of many people, and no one will answer me. It seems to be some kind of state secret.”
After being monitored for years by Chinese authorities, Chen said he finds the omnipresence of the Kardashians “troubling.”
“It almost feels as though I have traded one kind of tyranny for another,” he said.
The dissident said that if the Chinese government knew about the outsize role the Kardashians played in American life “they’d wonder what sort of country they’d bought.”
Chen said that since he had just arrived in New York he would reserve judgment about other aspects of life in the United States, but he did leave reporters with one final observation: “This Facebook IPO seems like total bullshit to me.”
“Who are they, and what do they do?” Chen asked. “I have asked these questions of many people, and no one will answer me. It seems to be some kind of state secret.”
After being monitored for years by Chinese authorities, Chen said he finds the omnipresence of the Kardashians “troubling.”
“It almost feels as though I have traded one kind of tyranny for another,” he said.
The dissident said that if the Chinese government knew about the outsize role the Kardashians played in American life “they’d wonder what sort of country they’d bought.”
Chen said that since he had just arrived in New York he would reserve judgment about other aspects of life in the United States, but he did leave reporters with one final observation: “This Facebook IPO seems like total bullshit to me.”
Saturday, May 19, 2012
Paul Craig Roberts: Are Americans Catching On, Waking Up, Unplugging?
http://www.informationclearinghouse.info/article31377.htm
The United States of America is the Constitution. If the Constitution no longer exists as an enforceable document taken seriously by political elites, the United States no longer exists. Some other entity has taken its place.
Think about that. Describe to yourself the characteristics of this new entity. This will be easier for older people than for the young, who have been born into the new tyranny.
For the young, tyranny is all they know. For the young, tyranny is normal.
The United States of America is the Constitution. If the Constitution no longer exists as an enforceable document taken seriously by political elites, the United States no longer exists. Some other entity has taken its place.
Think about that. Describe to yourself the characteristics of this new entity. This will be easier for older people than for the young, who have been born into the new tyranny.
For the young, tyranny is all they know. For the young, tyranny is normal.
Friday, May 18, 2012
|
 |
MENLO PARK, CA (The Borowitz Report) – On the eve of Facebook’s IPO, Founder and CEO Mark Zuckerberg published the following letter to potential investors:
Dear Potential Investor:
For years, you've wasted your time on Facebook. Now here’s your chance to waste your money on it, too.
Tomorrow is Facebook’s IPO, and I know what some of you are thinking. How will Facebook be any different from the dot-com bubble of the early 2000’s?
For one thing, those bad dot-com stocks were all speculation and hype, and weren’t based on real businesses. Facebook, on the other hand, is based on a solid foundation of angry birds and imaginary sheep.
Second, Facebook is the most successful social network in the world, enabling millions to share information of no interest with people they barely know.
Third, every time someone clicks on a Facebook ad, Facebook makes money. And while no one has ever done this on purpose, millions have done it by mistake while drunk. We totally stole this idea from iTunes.
Finally, if you invest in Facebook, you’ll be far from alone. As a result of using Facebook for the past few years, over 900 million people in the world have suffered mild to moderate brain damage, impairing their ability to make reasoned judgments. These will be your fellow Facebook investors.
With your help, if all goes as planned tomorrow, Facebook’s IPO will net $100 billion. To put that number in context, it would take JP Morgan four or five trades to lose that much money.
One last thing: what will, I, Mark Zuckerberg, do with the $18 billion I’m expected to earn from Facebook’s IPO? Well, I’m considering buying Greece, but that would still leave me with $18 billion. LOL.
Friend me,
Mark
Dear Potential Investor:
For years, you've wasted your time on Facebook. Now here’s your chance to waste your money on it, too.
Tomorrow is Facebook’s IPO, and I know what some of you are thinking. How will Facebook be any different from the dot-com bubble of the early 2000’s?
For one thing, those bad dot-com stocks were all speculation and hype, and weren’t based on real businesses. Facebook, on the other hand, is based on a solid foundation of angry birds and imaginary sheep.
Second, Facebook is the most successful social network in the world, enabling millions to share information of no interest with people they barely know.
Third, every time someone clicks on a Facebook ad, Facebook makes money. And while no one has ever done this on purpose, millions have done it by mistake while drunk. We totally stole this idea from iTunes.
Finally, if you invest in Facebook, you’ll be far from alone. As a result of using Facebook for the past few years, over 900 million people in the world have suffered mild to moderate brain damage, impairing their ability to make reasoned judgments. These will be your fellow Facebook investors.
With your help, if all goes as planned tomorrow, Facebook’s IPO will net $100 billion. To put that number in context, it would take JP Morgan four or five trades to lose that much money.
One last thing: what will, I, Mark Zuckerberg, do with the $18 billion I’m expected to earn from Facebook’s IPO? Well, I’m considering buying Greece, but that would still leave me with $18 billion. LOL.
Friend me,
Mark
Your Right to Record What Police Do in Public
http://teapartyeconomist.com/2012/04/12/yoiur-right-to-record-what-police-do-in-public/
Reason Magazine ran an excellent article http://reason.com/archives/2012/04/05/7-rules-for-recording-police/singlepage on rules for recording police officers. Basically, if you record them in public and do not physically interfere, it’s legal except in Massachusetts and Illinois.
Reason Magazine ran an excellent article http://reason.com/archives/2012/04/05/7-rules-for-recording-police/singlepage on rules for recording police officers. Basically, if you record them in public and do not physically interfere, it’s legal except in Massachusetts and Illinois.
Here are the rules.
Rule #1: Know the Law (Wherever You Are)
Rule #2 Don’t Secretly Record Police
Rule #3: Respond to Questions
Rule #4: Don’t Share Your Video with Police
Rule #5: Prepare to be Arrested
Rule #6: Master Your Technology
Rule #7: Don’t Point Your Camera Like a Gun
Courts Say That Citizens Can Make Videos of Police
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