INTERESTING: Why do I need Halloween when I have night terrors?

Wednesday, October 31, 2012

http://mynightterrors.blogspot.com/

Why do I need scary movies when I have night terrors?

Thursday, October 25, 2012
Problem statement
I never liked scary movies. And, I don’t see what is the big deal about Halloween. I get scared almost every night.

Ever hear about “night terrors”?

Discussed them with my new doc. He says no big deal. If they bother you, “we can try drugs”.

That didn’t inspire confidence.

I believe that both of my parents suffered with same problem.

Not that we ever talked about it. But, I think it drove both of them crazy and into alcoholism.

In college, I was an injineer. Drinking was part of the “fun”. And, I noticed a correlation between more than a modest intake and a good night’s sleep.

So I started this blog to capture my experiences and see if I can find either a cause or cure.

Nothing like being a “lab rat”.

Lest you think I’m nuts, which I may well be, here’s Wikipedia http://en.wikipedia.org/wiki/Night_terror

I guess I’m fortunate. I have two symptoms with different degrees of intensity. Symptom #1 is sweating from the waist up. Symptom #2 is the resultant waking up — either with the ability to get back to sleep or not — after some duration.

I’ll catalogue the symptoms. And maybe a pattern will emerge.

–30–

# – # – #  

Why do I need Halloween when I have night terrors?

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FLASH: FoxNews doesn’t know Bastiat

Tuesday, October 30, 2012

Sheperd Smith on FoxNews is now saying that Sandy has a silver lining to all those in construction who are unemployed.


Guess he never heard of our old friend Freddie!

“The broken window fallacy” — Frédéric Bastiat Ce qu’on voit et ce qu’on ne voit pas (That Which Is Seen and That Which Is Unseen) 1850 

All that money spent on repairs by individuals is lost to other purposes. The Federal Disaster Aid is just printed. 

Argh!

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GOVEROTRAGEOUS: Just a calibration problem; baloney!

Tuesday, October 30, 2012

http://myfox8.com/2012/10/23/guilford-county-voters-say-they-voted-for-the-wrong-candidate/

Guilford County voters say they voted for the wrong candidate

Posted on: 8:14 pm, October 23, 2012, by Brandon Jones

*** begin quote *** 

On Monday, several voters complained that their electronic ballot machine cast the wrong vote. All the complaints were made by people who voted at the Bur-Mil Park polling location.

One of the voters, Sher Coromalis, says she cast her ballot for Governor Mitt Romney, but every time she entered her vote it defaulted to President Obama.

“I was so upset that this could happen,” said Coromalis.

Guilford County Board of Elections Director George Gilbert says the problem arises every election. It can be resolved after the machine is re-calibrated by poll workers.

“It’s not a conspiracy it’s just a machine that needs to be corrected,” Gilbert said.

*** end quote ***

Wasn’t it Stalin who just wanted to count the votes?

Convenient that they error favors the D.

Sounds like “barbara streisand” to me!

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MONEY: Walmart and AmExp announce “BlueBird”

Monday, October 29, 2012

https://bluebird.com/?povid=cat1099170-env474392-module474393-lLink6

Why Bluebird?
Bluebird is brought to you by American Express and Walmart, giving you:

The features you want
You can make direct deposits, pay bills online, deposit checks with your iPhone® or AndroidTM device, and set up Sub-Accounts — a great new way to manage family spending.

The value you expect
We believe your money belongs with you. That’s why there are no annual, monthly, overdraft, or minimum balance fees.

The service you deserve
Our award-winning American Express Customer Service is there for you 24 hours a day, 7 days a week. And it’s super easy to open a Bluebird Account since there are no credit reviews.

It feels good to Bluebird.

# – # – #  

Interesting. Is this the long awaited foray into the “banking business”?

Seems beneficial to sign up for it to get “grandfathered in”, when stuff changes.

Could be a great deal. Especially for us “non-rich”.

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INSPIRATIONAL: Understanding one’s role

Sunday, October 28, 2012

http://www.lewrockwell.com/blog/lewrw/archives/123879.html

October 22, 2012

Reader Says We Don’t Do Enough

Posted by Karen De Coster on October 22, 2012 02:21 PM

*** begin quote ***

I received an email from an LRC reader today. This type of theme is not too common, but I occasionally get these letters. It reads as follows:

The Word of God teaches me it’s foolish and useless to tell a cold and hungry person to go forth, be filled and warm, unless I give them the necessary food and clothing. Same theory applies here.

Most LRC contributors do an outstanding job of relaying another in an endless series of stories about everyday Amerikans getting their butts kicked, but I never notice anyone on LRC actually doing anything at all to HELP these victims of abuse.

The burning question in MY mind is “why not?”

Here is my response to the reader:

You wrote:

“I never notice anyone on LRC actually doing anything at all to HELP these victims of abuse.”

Really? Do you follow us around all day, and watch what we do? Do you have special powers to do this? How do I get those powers?

*** end quote ***

Argh!

I too have had a good life. For whatever reason, fortune, luck, good decisions / bad decisions – much of what I have I credit to my sainted wife who put up with my silliness.

This really annoys me.

I give away as much as I consume.’

If for no other reason than the theif who steals heaven with his last minute repentance. I rely on the workers int he vinyard who come in at 3PM, yet earn the full wage.

As I sit here, I have no idea what is in front of me, It’s more about allowing people to stand on my shoulders, as low as they are, to learn form what I have “learned”.

We all stand on the shoulders of those who have preceded us?

Wish it was more simple than that. Us old folks have the problem of lead, follow, or at least get out of the way. :-(

*****


FUN: Why do girls …

Saturday, October 27, 2012

Out while being a dirty old man, a very young lady came and sat next to me. Maybe 12-14 years old. Before she sat down, she pulled up her jeans. No belt. Obviously, the pants sag as she walk. Not a hefty enough figure to hold them up. (Hey, it’s physics!)

So what’s wrong with wearing a belt or suspenders?

Just asking.

I never see Taylor Swift pull at her trou or dress. (She has people for that!)

Sigh!

Too old and too practical.

Gals, that tug and wiggle ain’t kool,

– 30 –


GOLD: Fort Knox; a national joke on the taxpayers

Saturday, October 27, 2012

http://www.bloomberg.com/news/2012-10-16/fort-knox-an-impregnable-monument-to-security-theater.html

Fort Knox, an Impregnable Monument to Security Theater
By Michael O’Malley Oct 16, 2012 1:04 PM ET

*** begin quote ***

President Franklin D. Roosevelt used a similar trick when he authorized the construction of the U.S. Bullion Depository at Fort Knox, Kentucky.

Roosevelt took the U.S. off the domestic gold standard in 1934. Although the nation remained on the standard in international exchange, the Gold Reserve Act made it illegal for private citizens to hold “monetary gold” — that is, coins or bullion. Banks had to transfer to the U.S. government any title to gold reserves they held, in return for dollars. Individuals could still own gold jewelry and keep their gold dental fillings, but anyone owning monetary gold had to sell it to the government.
Psychic Compensation

In speeches explaining the change, Roosevelt paradoxically stressed the importance of gold reserves.“By making clear that we are establishing permanent metallic reserves in the possession and ownership of the federal government,” he told Congress in 1934, “we can organize a currency system which is both sound and adequate.” But the U.S. already had “metallic reserves” — the act had actually eliminated that gold’s legal function.

*** end quote ***

So what’s in there? And, who owns it?

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FUN: Scored a triple today!

Friday, October 26, 2012

Happy to report I completed a “triple” today. That’s SIX more bags to add. I’ll update my scoreboard over the weekend!

No shaving until Monday!

–30–


GOVERNACIDE: Poor growth tied to fiat money; it’s a “killer”

Friday, October 26, 2012

Markets Alert
from The Wall Street Journal

U.S. economic growth picked up in the third quarter as consumers spent more, federal government spending accelerated and the housing industry improved in the months leading up to November’s presidential election.

The nation’s gross domestic product–the broadest measure of goods and services produced by the economy–grew at an annual rate of 2% between July and September, the Commerce Department said Friday.

http://online.wsj.com/home-page?mod=djemalertMARKET

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A national disgrace.

IF you believe the Gooferment’s numbers!

Doesn’t “feel” like 2% to me. Just like “unemployment” doesn’t feel like 8%. And, inflation, don’t make me laff, ain’t ZERO! (Gasoline four years ago was UNDER $2 / per gallon and yday I paid 3¾$ per gallon! That’s 80% over four years or 20% per year. Consider that gas costs gets built into EVERY product and service created!)

Sorry, but we a “KILLING” people.

I trace it back to the “funny money”. It allows the politicians and bureaucrats to fool us. And, the standard that money should represent. 

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Friday, October 26, 2012

‘My first time was with Obama’: Outrage over Girls star Lena Dunham’s election video paid for by the president’s campaign
By HAYLEY PETERSON
PUBLISHED: 00:49 EST, 26 October 2012 | UPDATED: 10:07 EST, 26 October 2012

Read more: http://www.dailymail.co.uk/news/article-2223316/Lena-Dunham-says-time-Obama-US-election-video-paid-Presidents-campaign.html#ixzz2AQG0Y8fm
Follow us: @MailOnline on Twitter | DailyMail on Facebook

A new low in political campaign ads.

If I had a child, or even worse a daughter, I would be horrified.

–30–


POLITICAL: Once again, who knew what and when? Benghazi-gate file

Friday, October 26, 2012

http://formerspook.blogspot.com/2012/10/up-on-frequency.html

Thursday, October 18, 2012
Up on Frequency

*** begin quote ***

In recent posts, we’ve asked the fundamental question about the terrorist attack on our consulate in Benghazi, which resulted in the deaths of four Americans: what did the administration know, and when did they know it?

As we’ve noted, there was a steady stream of intelligence reporting on the attack, delivered at the FLASH/CRITIC level. Messages assigned that priority must be delivered to the President within 10 minutes of receipt. This traffic captured conversations between the Islamist factions responsible for the attack, before and during the assault on our compound. That’s why administration claims that incident was some sort of “demonstration gone bad” are nothing more than a lie.

*** end quote ***

This is a disaster. 

The President’s response to this is inexplicable.

There’s is no doubt that some one told the UN Ambassador to get out on the TV circuit and reaffirm the Administration’s tale.

So, as always, who knew what? When? And, what is the path of the strategy!

Argh!

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GOVEROTRAGEOUS: Why is the TSA still around?

Friday, October 26, 2012

http://www.digitaljournal.com/article/334957

Mississippi passenger detained, stranded in Hawaii by No-Fly List

By Elliott Freeman

Oct 17, 2012 – yesterday in Travel

*** begin quote ***

A Mississippi man flying to visit his wife in Japan on Monday was detained during a stop in Hawaii and has been barred from reboarding his flight – or any other flight – because his name came up on the U.S. No-Fly List, leaving him stranded on the island.

Gulfport resident Wade Hicks, Jr., boarded a military jet at Travis Air Force Base in San Francisco so he could spend time with his newlywed wife, a U.S. Navy lieutenant stationed in Okinawa, Japan, the Canada Free Press reports.

According to Hicks, when the plane stopped for refueling at Hickam Air Base on the Hawaiian island of Oahu, he was escorted from the plane and detained by armed military personnel. After several hours, a representative of U.S. Customs and Border Protection arrived and told him he was pulled off of the flight because he was on the no-fly list.

Why was he put on the list? “They have given me no reason. They just basically are telling me, ‘You can’t fly because we said so,’” Hicks said in an interview with radio talk show host Doug Hagmann. “They didn’t know how I even left Travis Air Force Base.”

*** end quote ***

Sorry, but any bureaucratic organization that is this stupid needs to be put out of its misery.

It was a bad idea to start. Made worse over time. Unionized.

Just a waste of valuable human attention, time, and effort.

Close it down now.

The “terrorists” won by changing our way of life and getting us to do stupid things.

How dumb are we?

— 30 —


GUNS: 12-Year-Old Girl 1, Home Invader 0

Thursday, October 25, 2012

http://www.news9.com/story/19858704/12-year-old-girl-shoots-intruder-during-home-invasion

12-Year-Old Girl Shoots Intruder During Home Invasion In Bryan County
Posted: Oct 18, 2012 7:21 PM EDT Updated: Oct 19, 2012 3:19 PM EDT
By Chris McKinnon, News 9 – bio | email

The bullet hit the intruder, who deputies identified as 32-year-old Stacey Jones. He took off but did not get far before officers took him down. The bullet hit the intruder, who deputies identified as 32-year-old Stacey Jones. He took off but did not get far before officers took him down.

BRYAN COUNTY, Oklahoma -

A 12-year-old girl took matters into her own hands during a home invasion in southeast Oklahoma.

It happened on Wednesday when the girl was home alone. She told police a stranger rang the doorbell, then went around to the back door and kicked it in. She called her mom, Debra St. Clair, who told her to get the family gun, hide in a closet and call 911.

*** and ***

“And what we understand right now, he was turning the doorknob when she fired through the door,” said the Bryan County Undersheriff Ken Golden.

*** end quote ***

While I’d NEVER fault any woman who survives this type of incident, I don’t firing through the door is the best solution.

I’d think you need to identify your target.

It does proven the difficulty of asking anyone to shoot another human eyeball to eyeball. 

We can assume that this is not a handgun. Hence not the ideal weapon to use from a closet.

Her Dad will have to instruct her about the rule of thumb that says “pull until it clicks”.

Other than that, I think she did great!

“Victim disarmament is the view that it is somehow better to see a woman raped in an alley and strangled with her own pantyhose, than see her with a gun in her hand.” — T.D. Melrose

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FUN: Taylor Swift’s RED Keds

Thursday, October 25, 2012

http://store.taylorswift.com/Taylor-Swift-RED-Keds/dp/B009SDUIES

… but they don’t come in 10 and a half triple e’s?

What’s an old swiftie to do?

— 30 —


RANT: AT&T sucks

Wednesday, October 24, 2012

Got an email at 2AM that the IPHONE5 order is cancelled.

Placed the order 9/19. GOt an email there was a problem with the address. Called them; squared it all away. They called me;; got it all squared away. 

Today spent the better part of an hour on the phone. Not getting the phone. The order is not filled out right. 

A plague on all their houses.

Next stop FCC complaint. Like that will do any good.

***

Image

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GOVEROTRAGEOUS: Suppressing the military vote

Wednesday, October 24, 2012

http://formerspook.blogspot.com/2012/10/running-out-military-voting-clock.html

WEDNESDAY, OCTOBER 17, 2012

Running Out the Military Voting Clock

Defense Secretary Leon Panetta wants to know if the military’s voter assistance offices are working–and he’s asking for an immediate answer. More from Air Force Times:

*** begin quote ***

Defense Secretary Leon Panetta has directed military officials to provide him a report by Oct. 19 verifying that each of the 221 installation voting assistance offices is appropriately staffed to meet the needs of troops.

He gave officials three days to get it done; the memo was issued Oct. 16 to the service secretaries, the chairman of the Joint Chiefs, undersecretary of defense for personnel and readiness, and chiefs of the combatant commands.

“We must do all we can to ensure that service members know the steps necessary to vote, particularly those service members deployed or based away from home. This issue must be addressed immediately,” he wrote.

Mr. Panetta issued his directive after the DoD Inspector General reported it could not reach about half of the voting assistance offices by phone, despite repeated attempts. Members of Congress have expressed similar concerns.

At first blush, the SecDef’s actions seem to be a model of bureaucratic urgency and concern. A three-day suspense for this sort of survey is virtually unheard of along the E-ring. So, a lot of action officers will be burning the midnight oil for the next few days to give Secretary Panetta the information he requested.

But in reality, Mr. Panetta’s demand is little more than a farce. The IG report was issued in late August–almost two months ago. Why did the Defense Secretary wait so long to issue that last-minute tasker?

*** end quote ***

Sorry, but this is “cheating”. All’s fair in love ‘n’ war.

At least in Heinlein’s Starship Troopers, soldiers couldn’t vote until they became a vet.

As a vet, I find this disgusting.

Argh!

—30—


GOVEROTRAGEOUS: Gooferment fails to protect the children

Tuesday, October 23, 2012

Alert: Gloucester County Prosecutor’s Office has preliminarily identified the body of a girl found near her home as that of Autumn Pasquale 

# – # – #  

I feel terrible for the girl’s family and their neighbors.

That a teenager isn’t safe in her own neighborhood.

Sorry, but no person in Government should get anything but an below average rating next year. 

The only valid reason to have Gooferment is to protect the citizens from all enemies foreign and domestic.

Clearly, in this case, it failed.

I have to wonder that if the girl was properly trained and armed if the result might have been different?

Aren’t we will to trust our progeny?

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IPAD: IPAD3 no power

Tuesday, October 23, 2012

Into the Apple store tonight for service. Luckily under contact. Argh!

There re no lights on the cable or the wart to tell you that’s failed. 

Since it powered the IPad1, I pretty sure it’s the IPAD3.

And, tell me again how much better Apple hardware is?

# – # – # – # – #  2012-Oct-23 @ 14:58  


TINFOILHAT: Pearl Harbor was an “inside job”

Tuesday, October 23, 2012

http://www.washingtonsblog.com/2012/10/the-american-and-british-government-knew-down-to-the-day-of-the-coming-japanese-attack-on-pearl-harbor-and-let-it-happen-to-justify-american-entry-into-wwii.html

The American and British Governments Knew – Down to the Day – of the Coming Japanese Attack on Pearl Harbor … And Let It Happen to Justify American Entry Into WWII

Posted on October 15, 2012 by WashingtonsBlog

Military Officers and Code Breakers Speak Out … On Camera

*** begin quote ***

But a full and honest account of World War II shows that some big American banks funded the Nazis. And America dropped nuclear bombs on Japan when top U.S. military officials said it wasn’t needed.

And – as shown below – we probably knew about the coming Pearl Harbor attack, but let it happen to justify America’s entry into World War II.

The White House apparently had – a year before Pearl Harbor – launched an 8-point plan to provoke Japan into war against the U.S. (including, for example, an oil embargo). The rationale for this provocation is that the U.S. wanted to aid its allies in fighting the Nazis and other axis powers, and decided that an attack by Japan would be the most advantageous justification for the U.S. to enter WWII.

Moreover, Honolulu newspapers warned of a possible attack by the Japanese on Pearl Harbor:

Indeed, as the following must-watch BBC documentary – with interviews with many of the main players, including military officers and code-breakers – shows, the American and British knew of the Japanese plan to attack Pearl Harbor — down to the exact date of the attack — and allowed it to happen to justify America’s entry into World War II:

And see this short essay by a highly-praised historian summarizing some of the key points. (The historian, Robert B. Stinnett, a World War II veteran, actually agreed with this strategy for getting America into the war, and so does not have any axe to grind).

*** end quote ***

I read Stinnett’s book many years ago. I was convinced with the “smoke” from the gun he laid out in the book.

Now we have testimony!

Seems like this one for the Tin Foil Hats.

Maybe the people won’t be so quick to dismiss suspicions.

Sad that so many people died and so man lives disrupted for so many generations.

We can’t total up all the costs.

Time to make sure it doesn’t happen again.

— 30 —


ECONOMICS: Tweedle dee and Tweedle dumber!

Monday, October 22, 2012

http://cafehayek.com/2012/10/no-debate-both-are-economically-ignorant.html

No Debate: Both Men are Economically Ignorant

by DON BOUDREAUX on OCTOBER 17, 2012

in SEEN AND UNSEEN, TRADE

*** begin quote ***

Each man insists that America’s economy can be harmed by inexpensive imports – in other words, harmed by opportunities for voluntary exchanges that lower Americans’ cost of living.

By promising to raise taxes on Americans who buy Chinese-made goods, Mr. Romney again promised to break his campaign promise to not raise taxes. That he is unaware of the contradiction isn’t promising.

Mr. Obama is no better. He bragged that he “saved a thousand jobs” with his “tough” trade action that – by raising taxes on Americans who buy Chinese-made tires – ensured “that China was not flooding our domestic market with cheap tires.”

By this logic, the President’s policy is inexcusably lame. If creating more jobs in U.S. tire factories justifies forcing consumers to pay higher prices for tires, the Obama administration should also outlaw the sale of used tires (which, like low-priced imports, are “flooding our domestic market”). Indeed, the president should seek legislation mandating that all rubber used to make tires be non-vulcanized. The resulting decline in tire durability will create even more jobs in U.S. tire factories by “protecting” our market from being “flooded” with cheap tire durability – that is, with tires that last for tens of thousands of miles before needing to be replaced.

*** end quote ***

It’s hard to imagine that there is any rationale for restrictions?

Do we want to be a nation of tire makers?

In the Sixties were more expensive for a poorer quality. Now they are “cheaper” and more durable.

(Remember that the value of money has been inflated away. Gas is up by a multiple of 100 in dollars but about 50% cheaper in silver. Tires in the Sixties ran about $20 each; some more some less. Priced in gold a tire was 20/35 = 4/7 = 0.57 oz. So today, just recently I paid over 100$ per tire; where as I should have paid over a 1k$ each. SO tires have gotten 90% cheaper. It’s the value of money that obscures our vision.)

I want Americans to have cheap tires so they can spend their money on other needs and wants.

If it means the tire industry has to go to China, all well and good.

If the Chinese are so dumb as to give us tires for worthless green pieces of paper, great!

The market will peacefully decide what gives us the most bang for our buck. With out a politician “helping”.

Argh!

—30—


MONEY: Financial planning with old memes

Sunday, October 21, 2012

http://www.businessinsider.com/the-coming-retiree-crisis-2012-10

Take Action Now To Prepare For The Great Retiree Crisis

Jeff Voudrie, See It Market | Oct. 10, 2012, 8:30 AM

***** begin quote *****

The financial planning community has largely relied on assumptions regarding equity, debt and inflation percentages that have been experienced over the last 30 years.

There are 3 problems with these assumptions:

Equity returns the last 30 years have been extraordinarily high as a result of the longest and greatest Bull market in the history of U.S. stock markets. Accordingly, many financial plans used projections that assumed equity returns of 8-10% a year.

Debt returns over the same period are equally skewed. Remember the double-digit interest rates of the 1980’s? In 1989, as a young broker, I was selling 30-year TVA bonds yielding 10%! Financial plans the last 5-10 years have used interest rate assumptions around 5-6% a year.

The scenarios that led to the historic markets the last 30 years are very unlikely to EVER be repeated in today’s retiree’s lifetime. And those who are taking distributions based on these outdated assumptions may soon run out of money.

For instance, let’s assume that someone retired 5 years ago at age 60 with a $500,000 investment portfolio. Based on financial plans popular at that time, the retiree is taking $2500 a month in distributions—money they need to maintain their current standard of living. Since the plan anticipated the ability to average a 7% return on a portfolio with close to 50% in equities, the retiree expects to be able to take those distributions and never run out of money.

Adjusting those assumptions based on what many believe resembles more reasonable assumptions going forward requires decreasing the rate of return assumption for a similar-risk portfolio to around 4% and increasing the inflation assumption from 1-2% a year to 3-4% a year (which may still be too conservative). Suddenly, the portfolio that should last forever is now projected to be exhausted in only 16.8 years! That means that the entire nest egg and what it earns cannot sustain the current withdrawal rate. Since the retiree started the withdrawals five years ago, now they are down to 11.8 years—running out of money around age 76!

***** end quote *****

Clearly, the political class has screwed up the American economy.

Pity the poor, the elderly, the middle class, those on fixed income.

Inflation is grossly understated by the “official” stats.

Are we headed to be like Europe or pre-WW2 Germany?

Clearly, everyone needs to update their financial plans.

I’ve recommended to my turkeys that they adjust their “money reserve requirements”.

Everyone better plan to work for a longer time.

— 30 —


MONEY: Tax hikes coming!

Saturday, October 20, 2012

http://www.financial-planning.com/news/How-Advisors-Can-Use-2012-Tax-Breaks-Before-They-Disappear-2681313-1.html?ET=financialplanning:e11881:34803a:&st=email

Dear Team:

I don’t see much news I can use?

  • Possibly pre-pay medical premiums (e.g., Maybe 7200$ x and y premiums; see if I can prepay z premiums?).
  • ROTH conversion rarely makes any sense (i.e., pay taxes now to maybe save them later)?
  • Take cap gains in taxable accounts (i.e., doesn’t fit with the Edelman style of investing).

Did I miss anything?

fjohn

*****

This is a recent email sent out. Recognize that if the Congress critters do nothing, which is their MO, we get slammed with a gigantic tax hikes in 1/1/13.

Don’t think there is much to do, but revolt.

–30–

f

 


MONEY: The falling dollar hurts real people; an ebb tide lowers all boats

Friday, October 19, 2012

http://www.mybudget360.com/us-standard-of-living-falling-us-dollar-impact-us-dollar-benefits/

Standard of living, meet falling US dollar – how a falling US dollar benefits banks at the expense of working Americans.

*** begin quote ***

There is certainly a cost to a falling US dollar. Many Americans are living the consequences of this multi-decade long trend. The Federal Reserve has only added fuel to this trend but many families are now realizing that there does come a cost to unrelenting debt based solutions to fiscal problems. Shopping at the local grocery store I’ve noticed that some items have doubled in the last few years. Fueling up is also more expensive. The issue with living on a low dollar policy is that eventually, you end up in a low wage capitalist system. The easy money slowly inflates away especially on global items. We are seeing this in the US in various arenas especially with higher education. The end result is that the standard of living for the vast majority of Americans has fallen dramatically in the last few decades.

*** end quote ***

The seems to be a basic stupidity in human beings as to the devastating impacts of “inflation” (i.e., counterfeiting by a central bank).

As an injineer, we can’t have a “standard” that varies. 

As a football fan, imagine if a yard was redefined each football season as 2% less. 35.28 inches. Easier to make a first down. Records would be meaningless. And, eventually, in 30 years, they’d play on a one inch field.

Absurd.

So why is it different for money?

In my lifetime, the “dollar”, whatever that is, has lost 99% of it’s value. Gasoline that was 30¢ per gallon was $3.75 last night. Has gasoline become more expensive? Those evil oil companies. No!!! Based on the price of silver, gas is actually ~30% cheaper. 

<<Those three silver dimes in 1960 bought a gallon of gas. Today those three dimes are worth about $6 (conservatively) to $10.50 (speculation). So either 28% cheaper or 65% depending upon your value of those dimes.>>

Why can’t “We, The Sheeple” see it?

And, in the general inflation (i.e., loss of value of the money), wages don’t go up. Those on fixed income are so screwed. And, the poor get poorer. Savings are a joke.

Also even the stock market gets “hurt”. Sure the stock prices go up, but never as much as the inflation rate. We’ve seen this in the Carter disaster. Then, stocks went up in the single digit %s, but the inflation was 25 or 30%. Hence the real value went down.

How does a tin foil hat view the world? Always price things in silver or gold. Makes it obvious.

A new men’s outfit in Rome was two ounces of gold. Today, you can buy a nice outfit for 3500$! Clothing has gotten “cheaper”.

A new car in the 60′s was 6 ounces of gold. (I know a bought a Chevy Nova brand new for 1200$). Today, 10,500$ won’t get you a new car. Cars have become more “expensive”. Gas we’ve already said has gotten “cheaper”.

What do you buy that’s changed?

Gooferment!!!

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MONEY: PT is less than AU?

Thursday, October 18, 2012

KITCO Metals quotes

 

 

Take a look at the price of platinum versus gold.

What does this signal?

Price manipulation in the commodities markets in advance of the election?

Wonder when we’ll hear about the derivative contracts that are used to move the market.

Argh!

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GOVEROTRAGEOUS: Fifth Amendment violation by “permits

Thursday, October 18, 2012

http://www.wnd.com/2012/10/landowner-stands-ground-against-government-shake-down/?cat_orig=politics

WND EXCLUSIVE
Landowner stands ground against government ‘shake-down’
Supremes agree to decide how much regulators can require
Published: 13 October 2012
by Bob Unru

*** begin quote ***

“But regulators saw a chance to pounce and make all kinds of costly, unrelated, outrageous demands,” he said. “Without any justification, the government demanded money, labor and resources as the price for allowing the Koontzes to use their own land.

“This was a flat-out shakedown, a form of extortion,” he said.

Family members had tried for years to develop the land, but the local St. Johns River Water Management District would not issue the necessary permits, “because Koontz would not agree to costly and unjustified conditions that the district imposed.”

“Specifically, the district demanded that Koontz dedicate his money and labor to make improvements to 50 acres of district-owned property located miles away from the proposed project,” the legal team explained.

“In other words, what we have here is a classic case of an unconstitutional shakedown. The U.S. Supreme Supreme Court has ruled that the government violates property rights – it commits a ‘taking‘ in violation of the Fifth Amendment – if it tries to use the permitting process to extract conditions that aren’t related to the impact of the proposed development.”

*** end quote ***

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“But regulators saw a chance to pounce and make all kinds of costly, unrelated, outrageous demands,” he said. “Without any justification, the government demanded money, labor and resources as the price for allowing the Koontzes to use their own land.
“This was a flat-out shakedown, a form of extortion,” he said.
Family members had tried for years to develop the land, but the local St. Johns River Water Management District would not issue the necessary permits, “because Koontz would not agree to costly and unjustified conditions that the district imposed.”
“Specifically, the district demanded that Koontz dedicate his money and labor to make improvements to 50 acres of district-owned property located miles away from the proposed project,” the legal team explained.
“In other words, what we have here is a classic case of an unconstitutional shakedown. The U.S. Supreme Supreme Court has ruled that the government violates property rights – it commits a ‘taking ‘ in violation of the Fifth Amendment – if it tries to use the permitting process to extract conditions that aren’t related to the impact of the proposed development.”


POLITICAL: Media Bias a la Candy Crowley

Wednesday, October 17, 2012

http://newsbusters.org/blogs/noel-sheppard/2012/10/16/joe-trippi-crowleys-interruption-libya-looked-ref-just-threw-flag#ixzz29WUs0xt6

Joe Trippi: Crowley ‘Correcting’ Romney on Libya Looked Like ‘The Ref Just Threw the Flag’

By Noel Sheppard | October 16, 2012 | 23:20

*** begin quote ***

Conceivably the biggest moment in Tuesday’s presidential debate was when moderator Candy Crowley injected herself into the discussion siding with Barack Obama on remarks he claimed he made in the Rose Garden following the attack on our consulate in Benghazi, Libya.

*** end quote ***

Against my better judgment, I watch the second debate because the Yankees were hopeless.

As all the “conservative” pundits predicted, Ms. Crowley couldn’t help but pile in on her “team’s side”.

I thought that wasn’t permitted by the rules of engagement?

And, what’s more she was WRONG!

Liberal bias!

Took the UN Ambassador on the TV circuit with a misleading at best story. Took the White House a week to walk it back and only after that DoI guy told to the truth to Congress. (You could almost hear the conversation right out of that Jack Ryan movie. “I ain’t going to jail. I’m the guy who always goes to jail.”) And BHO44 didn’t concede it until he was on the View.

Argh!

I can make some small allowance that perhaps it MIGHT be in the nation’s strategic interest to keep stuff quiet.

(For example, if I was Prez, I would not have illed Bin Laden. He’d be in an undisclosed location with some nasty folks asking tough questions. And, even when presented with the downed helicopter, I’d lie to the TV and say ‘wasn’t us’. Stragteically. I also threaten anyone who did toe the party like with an assignment to be Presidential liaison with the Base Commander in Sitka Alaska. And, call the commander and have him in a cube at the end of the longest runway counting seagulls for his daily report.)

But in this case, I think this was al about CYA for the BHO44 reelection and nothing else.

Can “We, The Sheeple” see through the media bias and recognized a failed foreign policy?

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