INTERESTING: A new word hormesis & “hormegeddon”

Tuesday, July 28, 2015

http://dailyreckoning.com/prepare-for-hormegeddon/

Prepare For Hormegeddon
by Bill Bonner.
Posted Jul 20, 2015 

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Finally, in 1943, two scientists published a journal article about this phenomenon and gave it a name: “hormesis.” It is what happens when a small dose of something produces a favorable result, but if you increase the dosage, the results are a disaster.

*** and ***

Hormegeddon is my shorthand way of describing what happens when you have too much of a good thing in a public-policy context.

Economists describe the “too much of a good thing” phenomenon as “declining marginal utility.”

*** end quote ***

Seems like our immoral, ineffective, and inefficient Gooferment has had a “declining marginal utility” for a century.

The question is how do we prune it back? Or hack it back!

Argh!

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MONEY: CAT retail sales indicates global depression

Monday, July 27, 2015

https://www.lewrockwell.com/2015/07/tyler-durden/forget-recession/

Forget Recession: According To Caterpillar There Is A Full-Blown Global Depression
By Tyler Durden
Zero Hedge
July 23, 2015

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And the cherry on top: there has now been an unprecedented 31 consecutive months of CAT retail sales declines. This compares to “only” 19 during the near systemic collapse in 2008.

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SO why is the stock market not going down?

The FED and its Zero Interest Rate.

The politicians and bureaucrats continue to borrow and spend to expand the welfare / warfare state.

Like the old war movie — i forget which — “get small in your hole”.

Bad times are coming.

Sooner or later, some very ugly chickens will come home to roost.

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GOVEROTRAGEOUS: More Gooferment involvement in “education”

Sunday, July 26, 2015

https://www.lewrockwell.com/2015/07/gary-north/take-a-federal-nickle-get-the-federal-noose/

S-1177: Common Core Will Be Imposed on Private Schools That Get Fed Funds
By Gary North
The Tea Party Economist
July 20, 2015

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Senate bill 1177 is a bipartisan measure to federalize education, all in the name of preserving local control.

It will be imposed on charter schools and all private schools that accept a nickel of aid.

As I said 30 years ago, “If you take the government’s nickel, you also take its noose.”

*** end quote ***

This is the last thing that “We, The Sheeple” should permit.

There is no Constitutional authorization for this centralization.

Where in the enumerated powers is it?

Argh!

“Inasmuch as the Constitution was never signed, nor agreed to, by anybody, as a contract, and therefore never bound anybody, and is now binding upon nobody; and is, moreover, such an one as no people can ever hereafter be expected to consent to, except as they may be forced to do so at the point of the bayonet, it is perhaps of no importance what its true legal meaning, as a contract, is. Nevertheless, the writer thinks it proper to say that, in his opinion, the Constitution is no such instrument as it has generally been assumed to be; but that by false interpretations, and naked usurpations, the government has been made in practice a very widely, and almost wholly, different thing from what the Constitution itself purports to authorize. He has heretofore written much, and could write much more, to prove that such is the truth. But whether the Constitution really be one thing, or another, this much is certain – that it has either authorized such a government as we have had, or has been powerless to prevent it. In either case, it is unfit to exist.” Lysander Spooner (1808-1887), No Treason (1870) http://praxeology.net/LS-NT-6.htm#no.6 

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VETERANS: Did Trump / MCCain dustup unveil some hidden history?

Saturday, July 25, 2015

https://www.lewrockwell.com/2015/07/no_author/sen-tokyo-rose-r-az/

John McCain: When “Tokyo Rose” Ran for President
By Ron Unz
The Unz Review
July 20, 2015 

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One factual detail, routinely emphasized by his supporters, is his repeated claim that except for signing a single written statement very early in his captivity and also answering some questions by a visiting French newsman, he had staunchly refused any hint of collaboration with his captors, despite torture, solitary confinement, endless threats and beatings, and offers of rewards. Perhaps. But that original Counterpuncharticle provided the link to the purported text of one of McCain’s pro-Hanoi propaganda broadcasts as summarized in a 1969 UPI wire service story, and I have confirmed its authenticity by locating the resulting article that ran in Stars & Stripes at the same time. So if crucial portions of McCain’s account of his imprisonment are seemingly revealed to be self-serving fiction, how much of the rest can we believe? If his pro-Communist propaganda broadcasts were so notable that they even reached the news pages of one of America’s leading military publications, it seems quite plausible that they were as numerous, substantial, and frequent as his critics allege

When I later discussed these troubling matters with an eminent political scientist who has something of a military background, he emphasized that McCain’s history can only be understood in the context of his father, a top-ranking admiral who then served as commander of all American forces in the Pacific Theater, including our troops in Vietnam. Indeed, the alleged headline of the UPI wire story had been “PW [Prisoner of War] Songbird Is Pilot Son of Admiral,” highlighting that connection. Obviously, for reasons both of family loyalty and personal standing it would have been imperative for John McCain’s father and namesake to hush up the terrible scandal of having had his son serve as a leading collaborator and Communist propagandist during the war and his exalted rank gave him the power to do so. Furthermore, just a few years earlier the elder McCain had himself performed an extremely valuable service for America’s political elites, organizing the official board of inquiry that whitewashed the potentially devastating “Liberty Incident,” with its hundreds of dead and wounded American servicemen, so he certainly had some powerful political chits he could call in.

Placed in this context, John McCain’s tales of torture make perfect sense. If he had indeed spent almost the entire war eagerly broadcasting Communist propaganda in exchange for favored treatment, there would have been stories about this circulating in private, and fears that these tales might eventually reach the newspaper headlines, perhaps backed by the hard evidence of audio and video tapes. An effective strategy for preempting this danger would be to concoct lurid tales of personal suffering and then promote them in the media, quickly establishing McCain as the highest profile victim of torture among America’s returned POWs, an effort rendered credible by the fact that many American POWs had indeed suffered torture.

*** end quote ***

Has “history” been “air brushed” in McCain’s favor?

Perhaps the exchange with Trump will pull down the “facade”!

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MONEY: Pension in your future — maybe, maybe not!

Friday, July 24, 2015

http://www.thedailysheeple.com/day-of-reckoning-for-american-pensions-is-fast-approaching_072015

Day of Reckoning for American Pensions Is Fast Approaching
Joshua Krause
The Daily Sheeple
July 18th, 2015

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For decades, local and state governments in the United States have made promises to their employees that they cannot keep. They guaranteed a certain level of income to retirees at a time when America was its most prosperous, and when most people didn’t live as long as they do now. Those lucrative pensions they promised are starting to catch up to them in a big way.

Earlier this week, Moody’s cut Chicago’s credit rating to “junk,” largely due to their $20 billion pension shortfall, and they put the City of Houston on notice. Many of the major pension funds use the stock market to bolster their savings, but despite record profits on Wall Street, it doesn’t seem like any of them reached their revenue goals. California’s Public Employees Retirement System only reached a third of the annual revenue they projected, and the state’s teacher fund failed to reach their goal. Overall, Moody’s found that the 25 largest public pension funds in the US have a $2 trillion budget shortfall.

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So what will happen?

I’d look at Greece and, closer to home, the Delta Pilot’s pensions.

The Federal “Pension Benefit Guaranty Corporation” does not insure plans offered by federal, state, or local governments.

So, I’d expect a severe “haircut”. Pensions, if we use the PBGC limits, would be reduced to about 57K per year.

I can imagine the riots when it happens, but happen it will. 

If I was planning on a pension for my golden years, then I meet with a fee-based register financial adviser to revise your plans. 

Argh!

Hard times ahead.

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RANT: Video record all suspect interrogations

Thursday, July 23, 2015

https://www.washingtonpost.com/news/volokh-conspiracy/wp/2015/07/17/judge-kozinski-on-reforms-that-can-help-prevent-prosecutorial-misconduct/

The Volokh Conspiracy
Judge Kozinski on reforms that can help prevent prosecutorial misconduct
By Eugene Volokh July 17

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4. Video record all suspect interrogations. The surprising frequency of false confessions should make us deeply skeptical of any interrogation we cannot view from beginning to end. Suspects are frequently isolated and pressured in obvious and subtle ways, and when the process ends we often have very different accounts of what happened inside the interrogation room. In those circumstances, whom are we to believe? Most of the time, the judge and juries believe the police.

There may have been a time when we had to rely on such second-hand reports, but technology has now made this unnecessary: Video recording equipment is dirt cheap, and storage space for the resulting files is endless. No court should ever admit a confession unless the prosecution presents a video of the entire interrogation process from beginning to end. [Footnote: This practice has been adopted in England, Ireland and Australia, where the general rule is that all interrogations — and not just confessions — must be recorded on audio or video. However, Australia is the only country that explicitly provides that the consequence for failing to record is inadmissibility of the contents of the interrogation. In addition, a number of states, including Alaska, Arkansas, Minnesota, Montana and New Jersey, require all interrogations to be recorded and consider compliance with that requirement a factor in determining whether a statement made in an interrogation is admissible.]

It appears that change is underway. Just last year, the Justice Department reversed its century-old prohibition against recording interrogations and adopted a policy “establish[ing] a presumption that the Federal Bureau of Investigation (FBI), the Drug Enforcement Administration (DEA), the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF), and the United States Marshals Service (USMS) will electronically record statements made by individuals in their custody.”

[Footnote moved: In fact, why don’t police officers wear body cameras at all times? It would protect the suspect and the police officer. See Steve Tuttle, Cambridge University Study Shows On-Officer Video Reduces Use-of-Force Incidents by 59 percent, TASER Int’l (Apr. 8, 2013) (the use of “officer worn cameras reduced the rate of use-of-force incidents by 59 percent” and “utilization of cameras led to an 87.5 percent reduction in complaints” by citizens against police officers); see also U.S. Dep’t of Justice, Implementing a Body-Worn Camera Program: Recommendations and Lessons Learned (2014).]

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If I ever get on a jury — which is so very unlikely when they ask you what bumper stickers you have on your car —then I would n’t believe anything a Gooferment employee says. 

Show me the victim and the video tape, then I’ll convict.

Otherwise, you have an uphill trek to convince me.

Whatever happened to the ethos that better a 100 guilty men go free than one innocent man got to jail?

Argh!

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POLITICAL: “extrajudicial comments about a matter pending before the court”

Wednesday, July 22, 2015

http://www.wnd.com/2015/07/letter-kagan-ginsburg-acted-unethically-and-unlawfully/

WND EXCLUSIVE
LETTER: KAGAN, GINSBURG ACTED ‘UNETHICALLY AND UNLAWFULLY’
Constitutional experts call for review of Supremes’ marriage ruling
Published: 2 hours ago

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The motion said the “extrajudicial comments about a matter pending before the court violate Canon 3A(6) of the Code of Conduct for United States judges: ‘A judge should not make public comment on the merits of a matter pending or impending in any court.’”
 
The controversy resurfaced later, because even after being told of the appearance of a conflict of interest, Ginsburg again officiated at a same-sex wedding, as the New York Times reported.
 
The paper said that with “a sly look and special emphasis on the word ‘Constitution,’ Justice Ginsburg said that she was pronouncing the two men married by the powers vested in her by the Constitution of the United States.”
 
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Have to admit that when SCOTUS decided to hear this matter that I thought three of the Justices were biased based on their previous statements and action — Stevens, Kagan, and Ginsburg.
 
Unfortunately, nothing seems to matter but the “Secular Progressive” agenda.
 
Everything gets swept away or ignored before it.
 
Anyone who expects “justice” in a Gooferment “court” will be sadly disappointed. 
 
I gave up on the Court after the Kelo decision.
 
Argh!
 
Hence my belief that “secession” is the only way to get back to a “libertarian” somewhat Constitutional Gooferment.
 
No man or group of men—including any group of men calling themselves “the government”—is morally entitled to initiate (that is, to start) the use of physical force, the threat of force, or any substitute for force (such as fraud) against any other man or group of men. “The Market for Liberty” Linda & Morris Tannehill (1970)
 
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