MONEY: Yet another reason to hold bullion coins

Thursday, September 6, 2007

http://www.lewrockwell.com/dilorenzo/dilorenzo125.html

The Government-Created Subprime Mortgage Meltdown
by Thomas J. DiLorenzo

***Begin Quote***

The thousands of mortgage defaults and foreclosures in the “subprime” housing market (i.e., mortgage holders with poor credit ratings) is the direct result of thirty years of government policy that has forced banks to make bad loans to un-creditworthy borrowers. The policy in question is the 1977 Community Reinvestment Act (CRA), which compels banks to make loans to low-income borrowers and in what the supporters of the Act call “communities of color” that they might not otherwise make based on purely economic criteria.

***End Quote***

Ahh, yes, the gooferment creates the problem, engages in other policies the worsen it, and then are Casablanca-style shocked to find there’s a problem. And, of course, the fix is — you guessed it — more gooferment. Sigh. When do we get off the treadmill?

Buy gold. The real thing. Bullion coins. The gooferment can’t print more of those.

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Posted by reinkefj

USA: Dick Morris skewers Hillary

Thursday, September 6, 2007

Wed, Sep 5 2007 9:57 PM
HILLARY’S HYPOCRISY
By Dick Morris Reports

***Begin Quote***

And, in the Senate, where she pretends to have developed her penchant for compromise, she still has not succeeded in passing a single major piece of legislation.

***End Quote***

As the ex-Clinton advisor, he really knows them. Over and above all the petty and major scandals she’s attached to, his most telling indictment. She doesn’t get anything done! One might tolerate a Patton when you need victories in war. I just don’t see what others see in her. Hillarycare?

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Posted by reinkefj

PRODUCTIVITY: Limit your communications

Thursday, September 6, 2007

http://zenhabits.net/2007/09/simple-living-manifesto-72-ideas-to-simplify-your-life/

Simple Living Manifesto: 72 Ideas to Simplify Your Life
By Leo on Simplicity

***Begin Quote***

7. Limit your communications. Our lives these days are filled with a vast flow of communications: email, IM, cell phones, paper mail, Skype, Twitter, forums, and more. It can take up your whole day if you let it. Instead, put a limit on your communications: only do email at certain times of the day, for a certain number of minutes (I recommend twice a day, but do what works for you). Only do IM once a day, for a limited amount of time. Limit phone calls to certain times too. Same with any other communications. Set a schedule and stick to it.

***End Quote***

Hmmm? Blogging and email.

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Posted by reinkefj

SURVIVAL: “When Autumn Leaves Fall”

Thursday, September 6, 2007

http://members.tripod.com/~AZarowny/

Anyone for “junk”?

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Posted by reinkefj

SURVIVAL: Fiction with some interesting lessons

Wednesday, September 5, 2007

http://www.frugalsquirrels.com/cgi-bin/ubb/ultimatebb.cgi?ubb=get_topic;f=33;t=003294;p=2

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Posted by reinkefj

USA: Ron Paul’s secret weapon

Wednesday, September 5, 2007

http://www.lewrockwell.com/ostrowski/ostrowski85.html

Ron Paul and the Four Horsemen
by James Ostrowski

***Begin Quote***

Finally, Ron Paul’s secret weapon, Hillary Clinton, has all but wrapped up the nomination. Obama has run out of steam and Edwards is going nowhere. The prospect of another President Clinton will focus the minds of Republican primary voters. They need to realize that only a Republican who represents a sharp break from the Gingrich-Bush-era legacy of sleaze, corruption, bloated spending and belligerence can beat Hillary in November 2008.

***End Quote***

Hillary’s enough to scare me.

She certainly would test theory that the President has a much power as the figurehead on a Viking ship to steer it.

Made she could actually out do her hubbie and get herself impeached and removed from office. She lost me a commodity trades back in AK. Now there is a felony she got away with. Just a tigers and leopards, she’ll run true to form.

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Posted by reinkefj

NATIONAL: Gooferment healthcare taken to its logical conclusion

Wednesday, September 5, 2007

http://www.thisislondon.co.uk/news/article-23410977-details/’NHS+should+not+treat+those+with+unhealthy+lifestyles’+say+Tories/article.do

‘NHS should not treat those with unhealthy lifestyles’ say Tories
04.09.07
David Cameron will decide which of the Tories’ proposals to make policy
• Patients who improve their health to be given ‘Health Miles’ cards to claim free fruit and veg

***Begin Quote***

Patients who refuse to change their unhealthy lifestyles should not be treated by the NHS, the Conservatives said today.

In a bid to ease spiralling levels of obesity and other health concerns, a Tory panel said certain treatments should be denied to patients who refuse to co-operate with health professionals and live healthier lifestyles.

***and***

“It is inconsistent with the concept of the responsible citizen to imagine that it is realistic for citizens, having paid their taxes, to expect that the state will underwrite the health implications of any lifestyle decision they choose to make,” the report states.

***and***

Other health measures outlined include incentives to encourage GPs to “re-engage” in responsibility for the out-of-hours care provided to their patients, without imposing “undesirable working patterns” on doctors.

***and***

The group also warns that public support for the NHS is under threat because of the “failure” to engage citizens in the drive to improve the service and to boost productivity despite the billions being poured into it.

***End Quote***

Now that they have taken the tax money under the guise of “national health care”, they want to change the “insurance terms”. If a private insurance company did ti, then the executive would all be in jail.

Aren’t people better off managing their own “health care”?

If you have certain risks, then you can mitigate them or insure them or take the consequences. You don’t need a bloated gooferment bureacracy to “help” you. Argh!

Sorry, count me out.

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Posted by reinkefj

TECH SERVICE: FACEBOOK suggestion

Tuesday, September 4, 2007

One of the charities associated with my alma mater has annual golf tourney for scholarships. I have no affiliation with it. BUT, it might be nice to allow the folks that run it to set up an “identity” for that charity? Is such possible? Considering that you allow fakey politicians, why not a fakey charity?

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Posted by reinkefj

RANT: Congress is Destroying America’s Schools

Tuesday, September 4, 2007

http://americandaily.com/article/20149

Congress is Destroying America’s Schools
By Alan Caruba (09/03/07)

*** begin quote ***

If you want to witness the most blatantly un-Constitutional and un-American laws at work than just take a walk through your local schools. They are currently under the control of the federal government.

Why any town or city bothers to hold an election for members of the local board of education is a mystery to me. Between the U.S. Department of Education and a union, the National Education Association—masquerading as just a group of concerned teachers—local boards have no real power to reverse the subjugation and destruction of the nation’s education system.

Since the Constitution does not even mention education, it is a continuing mystery why the federal government has a department devoted to it. Well, it’s less of a mystery if you consider that its purpose is to indoctrinate the children passing through it to accept a whole range of values and ideas that lots of Americans think are wrong.

*** end quote ***

Gooferment skoolz making illiterate cannon fodder that can flip burgers too!

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Posted by reinkefj

MONEY: regulators issued special guidance

Tuesday, September 4, 2007

http://www.breitbart.com/article.php?id=D8REP5LG3&show_article=1

Fed Urges Loan Holders to Avoid Defaults
Sep 4 01:14 PM US/Eastern
By MARTIN CRUTSINGER
AP Economics Writer

***Begin Quote***

WASHINGTON (AP) – The Federal Reserve and other banking regulators issued special guidance Tuesday urging loan service companies to work with borrowers in danger of defaulting on their home mortgages.

The new guidelines are not mandatory, but the regulators expressed the hope that companies that collect payments on mortgages would heed the advice.

***End Quote***

And what happens if they don’t want to take advice from these unelected minions of the rich and powerful?

Taxpayer pays?

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Posted by reinkefj

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