MONEY: Who will buy GM’s IPO? The voters

Uncommon Sense
Obama’s ‘Mission Accomplished’ Moment At GM
Shikha Dalmia, 08.30.10, 12:21 PM EDT
The company’s politically motivated IPO could jeopardize taxpayer ”investment.”

*** begin quote ***

The General Motors IPO, the second largest ever, is arguably this decade’s most hyped financial event. But it might also turn out to be this decade’s biggest financial fiasco. Its timing is driven not by the financial needs of the company– or the interests of taxpayers who are poised to get royally screwed–but the election-year needs of the Obama administration.

*** end quote ***

And, we still got screwed as the GM bond holders.

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RANT: The bad conduct just keeps on coming

Belgian cardinal disappointed that meeting with victim was taped
August 31, 2010

*** begin quote ***

A spokesman for Cardinal Godfried Danneels said that the cardinal regretted what transpired at a meeting with a now-retired bishop and the nephew whom the bishop abused.

During an April 8 meeting, Cardinal Godfried Danneels urged the man abused by Bishop Roger Vangheluwe of Brugges to remain silent about the abuse until the bishop retired, according to a tape secretly made by the victim. Transcripts of the tape were published in the Belgian press over the weekend.

The cardinal “realizes that the whole approach, as it was, was not the right one,” said his spokesman. “It was improvisation.”

*** end quote ***

Just like I’d never talk to a politicians and bureaucrats without my lawyer. (See example of “talking to politicians” results for Roger Clemens faux pas! See example of “talking to bureaucrats” results for Blago’s fate.), so to I’d never talk to any criminal without recording it.

The cardinal is now in a cover up.

And, as we are instructed by the “Rules of Thumb”, and Martha Stewart learned the hard way, “it’s not the crime but the cover up that gets you”!

Why would anyone suggest covering up any crime? Money!

We’ll have to see how this unwinds.

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5 American troops killed in latest Afghan violence
Aug 31, 7:37 AM (ET)

*** begin quote ***

KABUL, Afghanistan (AP) – Five U.S. troops were killed by roadside bombs and insurgent fire in southern and eastern Afghanistan on Tuesday, the latest casualties in a particularly bloody spell that has left 19 service members dead since Saturday.

*** end quote ***

Exit strategy?

Just leave.

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INSPIRATIONAL: Chinese should embarrass us into action

News: China Plans To Mine the Yellow Sea Floor on Sunday August 29, @09:33AM
Posted by timothy on Sunday August 29, @09:33AM

*** begin quote ***

eldavojohn writes “Details are limited but state media is reporting on $75 million being put into a new research facility in Qingdao, Shandong Province that will conduct research into mining the sea floor. From the article: ‘Scientists believe sea beds at a depth of 4,000 to 6,000 meters hold abundant deposits of rare metals and methane hydrate, a solidified form of natural gas bound into ice that can serve as a new energy source.’ The research center’s first goal is to do surveying and exploration with a new submersible named ‘Jiaolong’ (a mythical aquatic Chinese dragon). Hopefully these quests yield energy resources to meet growing demand for resources like liquefied coal in China.”

*** end quote ***

So, why should this be “inspirational”?

It should be inspirational, because we should be embarrassed that we are so far behind. And, out of touch with reality.

Why aren’t we DOING the big things?

Venial leaders, lazy people, and an economy that is suppressed by the Gooferment!

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INSPIRATIONAL: John Taylor Gatto “schooling and education”

John Taylor Gatto: Here he is on the difference between schooling and education.

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What gets taught in schools:

  1. confusion — everything is interrupted
  2. class position evy fear – contempt — rigged competition
  3. indifference — lesson of bells — nothing is permitted to upset routine
  4. emotional dependency — surrender to the chain of command
  5. intellectual dependency — told what to think
  6. evaluation of experts of what you are worth
  7. you have no privacy — closely watched

Taught to be an Egyptian slave —- stones in a pyramid


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POLITICAL: End “benefits” now

August 29, 2010
One payoff to pass Obamacare not paying off
Ed Lasky

*** begin quote ***

We know about the backroom deals made to get Congressmen to vote for ObamaCare but there were also favors cut out for unions, drug makers, and even small business to get them to support the program.

Guess what? The “credit” offered to small business to help them pay for the increased health care costs-due to ObamaCare mandates- turns out to be not much help at all.

*** end quote ***

Make a deal with the devil and don’t be surprised when you get cheated.

Not much to say, but dealing with the Gooferment for “special favors” isn’t what business is supposed to be all about.

Remember this whole benefits mess was created by FDR’s wage and price control in WW2. And, generations later we are still screwed by it.

Time to take some bitter medicine.

Phase out “benefits”.

Businesses should pay their workers their full wage. Allow people to buy “health insurance” like car insurance. THen it would be “portable”.

Perhaps then credit unions to offer group insurance to its members?


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TINFOILHAT: BHO44’s certificate

Obama blasts lies, disinformation

By GLENN THRUSH | 8/29/10 7:11 PM EDT Updated: 8/29/10 9:17 PM EDT

*** begin quote ***

Williams, sitting under a tent in a rain-soaked New Orleans, where the First Family commemorated the fifth anniversary of Hurricane Katrina, asked Obama why so many people were uncertain about something so fundamental as his faith.

“I can’t spend all of my time with my birth certificate plastered on my forehead,” quipped Obama, who took a deep breath to gather his thoughts when asked if the poll reflected his inability to communicate with voters.

*** end quote ***

Excuse me, we didn’t ask for him to go around with his “birth certificate plastered” anywhere!

We’d like to see the REAL document. And all the other papers that have been deliberately concealed.

No wise cracks. Just release them.

Real simple. Ten minutes. We either have the Truth, or not!

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RANT: My market outlook; catch that falling knife?

* AUGUST 21, 2010

Rethinking Gold: What if It Isn’t a Commodity After All?

*** begin quote ***

For investors convinced U.S. lawmakers and central bankers will successfully manage the budgetary woes and the massive unfunded liabilities of Social Security and Medicare, then gold is overvalued in the long term. Righting America’s national balance sheet would explicitly raise the dollar’s value as investors with money abroad move assets into a more-sound American economy. The selling of euro, yen and pounds would push the dollar higher—and gold lower.

If, however, you worry the U.S. balance sheet is irreparably damaged, then gold currently reflects the likelihood that a weak-dollar trend still has years to run as the U.S. struggles with its financial mess. Investors—and consumers—looking to preserve their purchasing power will gravitate toward gold, since its quantity isn’t easily manipulated.

Invest in gold, then, according your beliefs about the future of the greenback. Just don’t invest based on the idea that gold is a proxy for inflation. You are likely to be played for a fool.

*** end quote ***

Yeah, trust that politicians and bureaucrats can put us back on the right track? And, the tooth fairy will leave “We, The People” a few trillion dollars under our pillow tonight.

No, this is going to get very ugly.

Just watch the politicians and bureaucrats get gold plated pensions and lifetime healthcare, and see that the serfs get? Obamacare and the proverbial iceberg for old people. Sarah was right about “death panels”. When the livestock is uneconomic what do you do with it? Off to the slaughter hose called healthcare. The State needs the young vigorous workers. The soldiers for its endless wars. Dumbed down by Gooferment education so they won’t object to being led by the elite. (Where do politicians send their children to school?)

At the first hint that the 2010 elections are not going to sweep the D’s out, the market will tank as EVERYONE, including me, tries to hit the exits.

Even if we dodge that bullet, at the first hint that the then Lame Duck is going to do bad things, again the “eject button” gets hit.

And, even if we dodge those two, at the first hint that the New “Tea Party” driven Congress is not going to: defund Obamacare, roll back spending in a big way, and reduce taxation / regulation on small businesses. Again, hit the “eject me from this market” button. Where that wealth goes is problematical: gold, overseas, into real assets like farmland?

And even if we dodge that, at the first hint that BHO44 isn’t a one termer, exit stage left. Wealth will again leave the playing field before it gets stolen. Better to bury your gold coins in your back yard than let your IRA be stolen for an “enhanced Social Security benefit”.

For your own good of course, the stock market is too risky. Never let a good crisis go to waste. The returns on your wealth that was stolen under the guise of Social Security Insurance are so superb; throw your IRA and 401K on the same bonfire.

Argh! Not looking too good for the future generations.

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7 US troops killed in latest Afghanistan fighting
Aug 29, 9:10 AM (ET)

*** begin quote ***

KABUL, Afghanistan (AP) – Seven U.S. troops have died in weekend attacks in Afghanistan’s embattled southern and eastern regions, while officials found the bodies Sunday of five kidnapped campaign aides working for a female candidate in the western province of Herat.

*** end quote ***

Sadly reported.

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MONEY: DC eyes the IRA and 401k pots of gold

WND Exclusive
Government wants your 401(k)
Hearings set on plan to require Treasuries in ‘automatic IRA’
Posted: August 26, 2010 11:03 pm Eastern
By Jerome R. Corsi

*** begin quote ***

WASHINGTON – AUGUST 17: Treasury Secretary Tim Geithner speaks during a Conference on the Future of Housing Finance at the Treasury Department on August 17, 2010 in Washington, DC. Secretary Geithner hosted the future of housing finance conference with industry experts, leading academic experts and other stakeholders. The Obama administration appears to be proceeding with a novel way of financing trillion-dollar budget deficits by forcing IRA and 401(k) holders to buy Treasury bonds by mandating the placement of government-structured annuities in their investment accounts. The requirement to invest private retirement assets has been cleverly buried within plans to create “automatic IRAs” that would mandate employer groups enroll all employees in 401(k) or IRA plans.

*** end quote ***

When the Gooferment needs trillions, where can it find it?

The retirement savings of the workers.

Think it can’t happen here?

Think again.

Remember FDR and the gold confiscation?

And all “they” have to do is tell the less than 2,000 “custodians” to send it in.

What Congress gives; it can take away. And, one should NEVER trust a politician. EVER!

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GOVEROTRAGEOUS: Here’s why the Gooferment shouldn’t be involved in schools

Miss. Middle School Bars Black Students From Running For Class President
At Nettleton Middle School, Student Government Posts Were Assigned by Race
Aug 27, 2010

*** begin quote ***

After 30 years of barring black students from running for class president, a Mississippi public middle school, reversed a Jim Crow era policy today and announced students of all races would be allowed to run for student government.

Students at Nettleton Middle School looking to run for class president, previously needed to maintain a B average, obtain 10 signatures from their classmates – and be white.

Rules issued last week outlined the school’s rules for seeking office. Students could run for president, vice president, secretary-treasurer and reporter, but some positions were off-limits depending on race.

In all three grades, only white students could run for president. In eighth grade black students could run for vice president and reporter. In seventh grade blacks could only run for secretary-treasurer, and in sixth grade only for reporter.

There were no assigned positions for students of other races and no mention of students who are mixed race.

*** end quote ***

And, “We, The People” should throw the politicians and bureaucrats out of the “education” process.

“We, The People” are smarter than this.

Remember Walter William’s opinion on education. “If the Grand Dragon of the Ku Klux Klan wanted to sabotage black academic excellence, he could not find a more effective means to do so than the government school system in most cities.”

It’s immoral to do this to children. It’s immoral to propagandize them into being prisoners of the system. Any system.

It took us decades to get into this mess; it’ll take decades to get out. But let’s start. I’d propose a two part way out. (I wrote this up for the NJ tax revolt group HANJ which was hijacked by the Republican party,

(1) Each part would be twenty years.

(2) First part, we continue funding education as we do now. EXCEPT each student gets a voucher for X dollars. In year 1, all vouchers are “RED” meaning they must be “spent” at the local school district. Then each year, for the next 19, in a random draw, 5% of the vouchers turn “GREEN” meaning the parent can use that at a school of their choice. No limits. No Gooferment rules. At the end of 20 years, we now have a free market in education. The Gooferment o longer is operating youth propaganda camps.

(3) Second part, each year for the next twenty years, the value of the voucher decreases 5%. At the end of 20 years, we are no longer funding education; parents are. They had them; they should educate them.

And, I hope you’all have a much different society, much freer, than we do today!

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QUOTE: It’s impossible for education and schooling to be the same thing – John Taylor Gatto

“I don’t think we’ll get rid of schools any time soon, certainly not in my lifetime, but if we’re going to change what’s rapidly becoming a disaster of ignorance, we need to realize that the school institution “schools” very well, though it does not “educate”; that’s inherent in the design of the thing. It’s not the fault of bad teachers or too little money spent. It’s just impossible for education and schooling ever to be the same thing.” –– John Taylor Gatto

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FUN: Hospital stupidity


About 1AM, the night nurse WOKE Our Girl <<the patient>> up to tell her that “they needed her ADVANCED DIRECTIVE. BEFORE they could do the procedure today.”

(<Expletive Deleted> are you <synonym for excrement output> me! How many copies have I given RWJUHNB over the past 5 years and you can’t find ANY of them.)

So, now, Our Girl is upset. Is this procedure more dangerous due to the low platelets? Why are they asking for it now? Has the leukemia gotten worse? And what am I supposed to do at 1AM in the morning? Should I wake up the PA <<meaning me, the spouse>> who probably just went to sleep? Argh!

(Actually I was still awake.)

SOoo at 5:50AM, she calls PA. I’m dead out, but I hear the phone. Now, I start think: “Oh <excrement> what’s gone wrong now!” I answer the phone but she’s hung up. I’m looking at the caller id to see who called. Then, my cell phone starts to ring in its charging station in the “office” bedroom. So I stub my big toe running to catch it.

(THink of your favorite Marx Brother’s movie)

It’s Our Girl, who’s royally <synonym for urine output> off and relates the whole tale.

Now, I’m starting to worry. Why now, what’s changed since last night at 9pm. Is this just bureaucratic stupidity? No going back to sleep now.

(My toe still <Expletive Deleted> hurts.)

When I was on the phone, I couldn’t remember where the <Expletive Deleted> the papers were. I know that the originals are safely in the safe. But those are legal size and I don’t have a legal size copier. I know that they are on the website in a password protected directory but I haven’t used it in years. I should have a copy in the “medical records” bag but I haven’t looked for it in a year.

So, now I’m cranked.

Yeah, the form’s copies were where they were supposed to be in the bag in the patient’s room all the time.

Keep reading. It gets better!

I arrive around 730AM with the forms, (and coffee). (I’m going to need a LOT of coffee to stay awake today.) Our Girl says “don’t give them; make them ask”.

The morning proceeds, she goes for the test, and the routine rambles on.

Yup, you guessed it. NO ONE EVER ASKED!

Wait it gets better yet.

The “nurse manager” for the floor comes around two days later “conducting a patient satisfaction survey”. By now, Our Girl has had two days to stew and brew. Now, she RARELY complains or asks for anything in the hospital. She feels genuinely upset to be imposing on the hospital workers. BUTT (there’s always a big but) this is an exception. She vents it all out. Chapter and verse. And this manager says: “Oh, X is pregnant and has ‘baby brain’.”

Talk about volcanic eruption! Pour some case on the smoldering camp fire why don’t you? It was almost out and you have now mad eit ten times worse. Our Girl ended with: “Then she should be working in a file room somewhere; not tending to patients.” Nurse Manager shrugs her shoulder, thanks Our Girl for her input, and departs.

Our Girl is STILL <synonym for urine output> off and has it stuck in her craw!

And, I’m still amazed at the stupidity of all involved, the poorly designed processes, and the technology failure to capture and prevent.


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Categories FUN

PLINKY: One Law I’d Abolish

It’s sad that “We, The People” keep allowing the political class to enslave us.

money to burn

It would be the 1913 law that created the Federal Reserve Bank.

This created a banking cartel of elite bankers, a monopoly, and turned us into serfs working for them. Andrew Jackson killed one central bank. Teddy Roosevelt stumped against monopolies. But some how this one whizzed by “We The People”.

It allowed bureaucrats to manipulate the money supply for the benefit of the banking elite and the politicians. It allowed Welfare and Warfare without having to pay for it. When FDR stole everyone’s gold and Nixon finally closed the Gold Window, the enslavement was complete.

Lest you think my tin foil hat is a might snug, because the Federal Reserve Bank’s charter talks about reserving purchasing power, consider that since 1970 the purchasing power of the dollar has lost 95% of its value. Since 1913, no one even talks about that. Some “preservation”.

In current day America, we have an out of control Gooferment, spending worse than drunken sailors — at least sailors are spending their own money and stop when they run out. Future generation are in debt to the Chinese in amounts that are nonredeemable. Deficits as far as the eye can see. Unfunded liabilities every where you look. Gooferment bureaucrats are over paid and have lifetime benefits retiring long before the serfs that have to pay the taxes.

My Rx:

0. End the FED, fiat currency, and use long term bonds (50-100) years to dig ourselves out;

1. End the personal and corporate dole;

2. End gooferment public education;

3. Stop the various wars — foreign and domestic;

4. Repatriate the troops home;

5. End the drug war; pardon all non-violent drug offenders;

6. Downsize ALL gooferments;

7. Eliminate all taxes but tariffs and excise;

8. Reform “social security” similar to what Chile did in the 1970;

9. Reform all Gooferment pensions similarly;

10. Begin to put politicians and bureaucrats on trial for “conflict of interest” and corruption. Enact term limits — one term for any elective office; one 18 year term staggered for SCOTUS.

11. Repeal the 16th and 17th Amendments.

And, it all starts with the law that created the Federal Reserve Bank. Which by the way is not Federal, Reserves nothing, and is not a Bank in any normal sense of the word. And why does it have its own police force. And, why has it never been audited.


Powered by Plinky

WHIZDUMB: FOWG’s guide to “Patient Advocacy”

*** begin quote ***

Advocacy by an individual or by an advocacy group normally aim to influence public-policy and resource allocation decisions within political, economic, and social systems and institutions; it may be motivated from moral, ethical or faith principles or simply to protect an asset of interest. Advocacy can include many activities that a person or organization undertakes including media campaigns, public speaking, commissioning and publishing research or poll or the ‘filing of friend of the court briefs’. Lobbying (often by Lobby groups) is a form of advocacy where a direct approach is made to legislators on an issue which plays a significant role in modern politics.[1]

*** end quote ***

*** begin quote ***

A patient advocate acts as a liaison between patients and Health Care Providers to help improve or maintain a high quality of health care for the patients. The terms patient advocate and patient advocacy have a broad range of usage and may be applied to the actions of many different individuals and organizatons. The patient advocate may be an individual or an organization. Patient advocacy organizations are often non-profit and focus on one aspect of health care or a specific disease. There are also governmental agencies that study and ensure compliance with government regulations or help individuals get information, financial aid, or help with interventions to allow improved health care for the individual. Some patient advocates work for the institutions that are directly responsible for the patient’s care. Many health care professionals see themselves as advocates for their patients. In any case, the Patient Advocate is a vital instrument to both patient and physician in the optimal delivery of health care. There is currently no curriculum, certification or standards for becoming a patient advocate. A Patient Advocate need not be in the health care profession and may simply be a concerned citizen, supportive neighbor, friend or family to listen, take notes and help the patient communicate, understand, remember and cope with an often confusing and fearful process.

*** end quote ***

  1. Awareness
  2. Organized data collection
  3. Roster of Doctors and Pharmacy information
  4. Drug lists (including brand name and generic name, dosages in plain speak, who ordered when, who stopped it when, why is it being taken specifically)
  5. Readings and Lab Reports
  6. Itemization of major events with description
  7. Injections, Immunizations, Transfusions, Infusions, and Procedures
  8. Ledger for medical expenses
  9. Correspondence
  10. Archive for all of the above

It’s import to keep authentic holographic notes in a bound book. You need some type of a numbering system to refer to document into your bound book. The exception to the hearsay rule is recrods kept in the normal course of events.

As far as litigation is concerned, fuhgeddaboudit! (translation from the Brooklyn dialect: “forget about it” with a sneer.) Unless they have killed you or crippled you for life, it’s just not worth the effort and expense.

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RANT: A yute can see the “barbara streisand” in a recent new story. Is there hope?


CS: Anyone else think it strange that right as we pull out of Iraq, Iran unveils a long range unmanned strike bomber?
** 9 hours ago via Facebook for BlackBerry · Comment · LikeUnlike

FJR: No stranger than anyone thinks we are really “out”!
**   7 hours ago · LikeUnlike ·

CS: Well never out but that’s what they have to say
**    7 hours ago · Like

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A fellow your age should be inquiring when exactly we will pull our troops from Germany. The folks who fought WW2 are dying off of old age, yet we’re still there. And, still paying and still paying and paying.

Most importantly, think of all the wasted human effort spent on a meaningless activity. Hours and hours of unproductive human potential flushed.

And, if you think of those hours as “transferable” (i.e., that effort applied to something else frees up some one else to do something undone or that can’t be done by someone else). Best description I ever read was that freeing up one soldier, who returns to be grocery checkout clerk in middle-of-nowhere Idaho, starts a long string of silent unseen human resource reallocations that ends with a research scientist somewhere finding the cure for cancer.


And, we’re borrowing the wealth from China to pay to secure Germany from the non-existent past threat from the defunct USSR that youse youngsters will have to pay back with interest.


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POLITICAL: Not post-racial yet

Beat Whitey Night – Attacks mar Iowa State Fair – WBBH News

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Guess we are not in a “post racial” amerika yet. Note the lady police officer saying “doesn’t know if it’s racial” but all the victims were white. Are you kidding me? If that was reversed, imagine the response? Argh!

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POLITICAL: A not so free press

A free press means no subsidies
By Jeff Jacoby
Globe Columnist / July 25, 2010

*** begin quote ***

When the Bay State Banner, Boston’s only black-owned newspaper, was on the verge of shutting down last July, Mayor Thomas Menino kept it alive with a loan of $200,000 in public funds. Did the Banner’s gratitude to the mayor affect its autonomy? In April the paper had thundered, “No self-respecting African American can vote for Menino if he chooses to run again’’ — yet in September it made no endorsement in the mayoral primary. By January, it was flattering Menino for his pursuit of “innovative ideas’’ and hailing him as Boston’s “most productive’’ mayor ever. The Banner’s publisher insisted that the loan had not affected his editorial stance, but not everyone was convinced. When it comes to Menino, blogged Colman Herman for MassINC, “the Bay State Banner . . . has turned from watchdog to lapdog.’’

*** end quote ***

He who has the gold makes the rules!

The First Amendment was for “watchdogs”; not lapdogs.

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INSPIRATIONAL: Donate Vital Organs Before He Dies

Man Wants to Donate Vital Organs Before He’s Dead
Ronald Bailey | August 6, 2010

*** begin quote ***

Should a person who is dying of an incurable illness be allowed to donate his organs before the disease kills him? Gary Phebus who is suffering from amyotrophic lateral sclerosis (Lou Gehrig’s disease) wants to do just that: donate his heart, lungs, kidneys, liver, the whole shebang now. ALS is a progressive neurodegenerative disease that affects nerve cells in the brain and the spinal cord leading in most cases to complete loss of control of voluntary movement and which eventually kills the patient.

*** end quote ***

Well, as a little L libertarian, I’d suggest that the Gooferment stay out of it and allow the free market to solve the problem.

Clearly we may need some “rules” to ensure an orderly market. We can have “suicide by organ donation”; any more than we want “suicide by cop”. Can’t have kidney’s being “repoed” by bill collectors. Can’t have poor people sacrificing their organs to pay the bills.

By the same token, we are burying and incinerating organs that could save human lives due to stupid public policy. Why shouldn’t a poor man be able to sell his organ and leave his family a legacy? Other people make big bucks out of transplants. Only the donor doesn’t get a check. That’s not fair either.

We have organ tourism. Rich people shop for venues that are most favorable to them.

So let’s not pretend that the current system is “sweetness and light”!

At the very least, these guys have a starting point.

*** begin quote ***

Welcome to LifeSharers

If you ever need an organ for a transplant operation, chances are you will die before you get one. You can improve your odds by joining LifeSharers. Membership is free.

LifeSharers is a non-profit national network of organ donors. LifeSharers members promise to donate upon their death, and they give fellow members first access to their organs. As a LifeSharers member, you will have access to organs that otherwise may not be available to you. As the LifeSharers network grows, more and more organs may become available to you — if you are a member.

Members Even if you are already a registered organ donor, you should join the LifeSharers network. By doing so, you will have access to organs that otherwise may not be available to you.

By joining LifeSharers you will help reduce the deadly organ shortage. By offering your organs first to other organ donors you create an incentive for non-donors to become donors. As more people register as organ donors, fewer people will die waiting for transplants.

By joining LifeSharers you will also make the organ transplant system fairer by helping registered organ donors get their fair share of organs. About half of the organs transplanted in the United States go to people who have not agreed to donate their own organs when they die. That’s not fair, and it’s one of the reasons there is such a large organ shortage.

Join LifeSharers now. It’s free. It could save your life. Everyone is welcome to join. There’s no age limit, and no one is excluded due to any pre-existing medical condition. Once you’ve joined, you can sign up your children as well.

*** end quote ***

*** begin quote ***

If there’s a recipient who wants to pay for an organ and a living donor who is willing to sell their organ why prevent it? Is it ethical to play God and forcefully condemn donors to poverty and potential recipients to death?

A person’s autonomy should be respected. It doesn’t matter whether the donation is motivated by charity, financial desperation or unmitigated greed and whether the selling of organs offend the moral sensibilities of the religious, medical or Canadian community, organ donation is a personal choice.

So, let people work out the ethical implications of selling their body parts and increase the supply by allowing a free market in organs.

*** end quote ***

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INTERESTING: Shore workers from foreign countries because USA kids won’t work?

*** begin quote ***

“Of our 1,600 seasonal employees, 750 are foreign students,” said Denise Beckson, who makes all international hires for Morey’s Piers in Wildwood. “We couldn’t run the pier without them.”

*** end quote ***

This says a lot about what’s wrong with the USA and the world.

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GOLDBUG: Gold price predictions

From: reinke
Date: August 20, 2010 11:15:10 PM EDT
Subject: Re: CNNMoney – Gold is glittering again. But why?

I can give you my opinion why gold is “glittering”.

  • Tax law will change with respect to gold purchases on 1/1/2011
  • Taxes are going up dramatically in 2011; that will kill the economy. Look for 15-20% unemployment. (P.S., I think they are lying through their teeth about the unemployment rate. If you look at the unemployed, underemployed, discouraged — and even ignore the disgruntled, left the workforce, women becoming pregnant, “frozen in place” workers — I thin the current rate is in the 20’s NOW.)
  • Taxes are going to impact the profitable small businesses and kill the unprofitable or marginal ones in 2011.
  • Obamacare has frozen employers; they don’t know how much benefits are going to cost in 2011. (Insurance companies have jumped the gun and are preemptively raising rates. Small companies are figuring how to slim down under the size bar. Big companies, like ATT and Verizon, have put disclaimers in their financial reports about the benefit costs. Verizon is actually considering DROPPING benefits and pay the fine on the theory that it’s cheaper. I’m hearing rumors that large enterprises are considering how to reorganize their business units so that they would slip in under the bar. Think Comcast of South Brunswick with out sourcing contracts for all sorts of stuff and it’s a wholly owned by the stockholders who also own Comcast of North Brunswick, Comcast of Mt Holly, etc etc. Think Baby Bells and that’s the model. All to get under the size requirements.
  • Inflation is right now being artificially suppressed by the Federal Reserve printing press and they’re buying Treasury long bonds. At some point, this is going through the roof. (I’d suggest that 5-10% of EVERYONE’S portfolio should be in silver bullion coins kept in one’s basement.)

My prediction is: it depends totally on the 2010 election.

  • If it looks like the D’s are swept, things will continue in a Japanese style lost decades.
  • If it looks like the D’s are NOT going to be convincingly swept, this is going to get very ugly very fast.

Remember that the Great Depression was triggered by Smoot Hawley being passed and signed into law, it wasn’t due to go into effect for months. Now, the speed of dikw (i.e., data, information, knowledge, wisdom) flow is such that as soon as the “tipping point” is reached, the blood bath will ensue. It’ll make ’29 look tame.

In the hyperinflation scenario, I’d expect real interest rates to be double the Carter years’ 21%. I’d expect oil to be priced in gold rather quickly (i.e., remember it’s Sadam’s golden dinar exchange for Iraqi oil that got him in the USA dog house.) I’d expect food prices to quickly go up 50%. Business would lock up; Gooferment would be stalled.

The lack of funds to spend would quickly result in:

  • End of the Fed; replaced by some type of commodity money
  • Default on Gooferment debt; States’ debts; Social Security; Medicare; Medicaid
  • End of the drug war and begin to tax it.
  • End of the foreign military adventures and bring the troops home.
  • End of the “public education” of Dewey, Mann, and the teachers’ unions.

Any economic restart would probably be led by the oil producing states: alaska, texas, pennsylvania. And the breadbasket states: Kansas, California, Florida, Nebraska. To restart: Taxes would have to go down. Obamacare nuked. Flat or near flat tariffs and excise taxes. Corporate taxes to zero. Capital gains taxes to zero.

If it has to go worst case (i.e., the Gooferment doesn’t slim down to save itself in time), you might see secession. (Hey, worked for the USSR!) I’d look for Texas, Alaska, and Vermont to be first out. Followed quickly by: Hawaii; Montana / Idaho aka Jeffersonia; New Hampshire / Maine; and South Carolina. It would be politically very ugly. What does the District of Corruption do? Roll tanks into the secession states? Remember the American Revolution was fought by the 10% hot heads, where a third supported them, a third hated them staying loyal to England, and the other third could not have cared less.

Very ugly.

I predict in scenario #1 — D’s swept, gold goes to 2k by June of 2011 and in scenario #2 — D’s not swept, gold goes to 2k before the end of 2010.

Then, a similar “cliff” appears with the 2014 presidential. As long as the markets perceive BHO44 as a one termer, we get the calm lost decade scenario. If a reasonable R takes the lead — Ron Paul like fellow, calm. Even if there was a reasonable D, (although I can’t think of one who fill the bill), calm. HOWEVER, if it looks like BHO44 might be reelected, or Hillary, or any of the wackaloons, it’s “Katie Bar The Door” time again. Look for the markets to crash big time, as folks try and hit the exits at the same time.

In the calm lost decade scenario, I’d predict that gold would be at 3500$ in December of 2014. In the BHO44 reelected or any wackloon election, the “gold bugs” would be right and a 5000$ gold price would be well within reason. If you could buy ANY gold with dollars. (Think German WW1 hyperinflation or Zimbabwe!)

So, now you have my reasoning about gold. IMHO nothing but upside.

I’d try and be a little like a Mormon or the Amish. Beans, bandaids, and bullets. A year’s worth of food, sufficient medical supplies to minimize the trips to the drug store which won’t be open, and sufficient firepower to keep your beans. I’d put 10% of my capital in silver bullion 1 ounce rounds in a “basement”. And, watch very carefully how the winds blow.

tin foil hat fjohn

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On Aug 20, 2010, at 6:48 PM, XXXXXX wrote:

Sent from XXXXXX’s mobile device from

Gold is glittering again. But why?

Night, night. Sleep tight. Don’t let the gold bugs bite.

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Gold prices have come roaring back in the past few weeks and are once again getting close to hitting a new all-time high. Prices were down a bit Friday. But at about $1,230 an ounce, they are still up more than 5% in the past few weeks.

The yellow precious metal rose to an intra-day peak of about $1,265 an ounce back in mid-June — the height of the fears about the sovereign debt crisis facing Europe’s PIIGS.

So why is gold on the rise again? The move is a bit curious since gold is often viewed as a classic hedge against inflation because it’s a tangible asset, unlike a paper currency. But many market experts and economists seem to be more worried about deflation than inflation.

Still, gold prices aren’t always tied to inflation expectations. The price of gold often spikes at times of fear. And with more and more concerns about how the economic recovery in the United States is losing steam, investor nervousness appears to be the most likely reason for gold’s recent move higher.

“It’s the mirror image of what’s going on with stocks. The only thing that we’re certain of is uncertainty and gold benefits from that,” said Richard Ross, global technical strategist with Auerbach Grayson, a broker dealer in New York.

Gold is undoubtedly a momentum play. With compelling reasons to avoid stocks, fears that the Treasury market may be a bubble, and concerns about both the state of the dollar and euro, gold could keep climbing.

Brian Hicks, co-manager of the U.S. Global Investors Global Resources fund in San Antonio, said gold could hit $1,300 by the end of the year and $1,500 sometime in 2011.

Hicks said that even though it may seem counterintuitive for gold to do well when people are worried about deflation, he thinks that some longer-term investors are still concerned about the potential for inflation at some point down the road. And that could push gold higher.

“Gold has been resilient in the face of a lot of discussion about deflation. But people are also discussing what the possible cure for deflation will be,” Hicks said. “That could be an expansion of government deficits and excessive printing of money. That would debase the dollar and fuel eventual fears of inflation.”

Keith Springer, president of Capital Financial Advisory Services, in Sacramento, Calif., agreed. He said gold could spike to between $1,400 and $1,500 next year.

“Gold is acting like a third currency, a crisis currency. Right now, you can buy it for deflation or inflation fears,” he said.

But the recent gold rush may not be all about economic worries.

Ross said the run-up may also have been sparked by the fact that several well-known hedge fund managers, including John Paulson, Eric Mindich of Eton Capital, George Soros and David Einhorn, have disclosed investments in various gold-related assets, such as miners and exchange-traded funds tied to gold bullion.

“There’s a dream team of investors that appear to be backing gold,” Ross said.

But Ross warned that following the lead of the so-called smart money is risky. For one, it’s tough to know for certain how big a hedge fund’s positions are in gold since many funds often make quick moves in and out of investments.

Many hedge funds may also be making bets on both the long and short side of an asset. So it may be a mistake to look at a fund’s holdings and conclude that a manager is 100% bullish on gold.

Sure, gold may have momentum on its side for now.

“Investors are attracted to things that are working. An object in motion tends to stay in motion,” Ross said.

But investors in Internet stocks, real estate and oil have all learned the hard way that this is true for both directions. Springer noted that once the trend reverses, as he believes it inevitably will, gold could crash hard.

“It’s going to take a while but once the financial crisis is over, there will be no reason to own gold,” he said.

Reader comment of the week Merger activity is starting to heat up again, a trend I wrote about on Tuesday. I noted that the increase in deal making could be a bullish sign from corporations about the economy. But not everyone agreed that merger mania is a good thing.

“In my experience, mergers were really bad for jobs, but made the financial reports look great, even if the companies were totally inefficient and wasteful,” wrote Brad Fox. “Many times I have seen corporations brag about huge revenue increases, only to find out the growth was the result of mergers, not true growth. Magic with numbers.”

– The opinions expressed in this commentary are solely those of Paul R. La Monica. Other than Time Warner, the parent of, La Monica does not own positions in any individual stocks.

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RANT: The Clemens case is dumb

SPORTS | August 20, 2010
Clemens to Be Indicted for Perjury in Doping Testimony

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Roger Clemens will be indicted on charges of making false statements to Congress about his use of performance-enhancing drugs, according to people briefed on the case.

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(1) Who cares!

(2) Who’s business is it what anyone puts in their body?

(3) Where was his lawyer? He should have just taken the Fifth like ANYONE should when speaking to ANY costumed thug.

(4) Perjury is a good nullification topic? If Clinton can flat lie and get away with it, why not Roger?

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POLITICAL: Too many different Gooferments

August 19th, 2010 at 8:23 am

A Nation of 90,000 Governments – Maximizing Our Own Failure Points

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Thomas Frey: The total number of governmental bodies in the U.S. is approaching a staggering number – 90,000. During normal economic times there is plenty of money to go around, but now every city, state, county, parish, township and special taxing district is competing for the same tax dollars that the federal government is.

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Sounds like this fellow has hit the nail on the head.

I’d suggest localization.

Only the lowest level of government should be able make “people” impacting laws or collect taxes. Let the State regulate the locals. Let the Fed regulate the States.

And, they will spend so much time fighting with each other they won’t have time to bother us.

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TECHNOLOGY: SPAM kills; even good messages

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Welcome to, devoted to sharing information with Barracuda Networks customers and the Internet security community. Here you will find a wide range of statistics, threat information, and a number of useful services to help manage and secure your network.

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*** begin quote ***

About creates responsibility for email sent from an IP address. associates specific domains with a sending IP address. By creating a responsible party and identifying IP addresses, we greatly enhance our ability to fight spam and to eliminate false positives.

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I emailed an acquaintance. And that one email, didn’t get thru, and I was accused of spamming based on IP address. My IP address comes form my ISP. I have no control over it. Further, I have no control over the mail server run by the ISP.

So telling me:

— to fix it is a waste of your time and mine.

— “suggesting” that registering and pay you 20$ a year is toll boothing!

— I’ll recommend to everyone that this is not the solution.


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