MONEY: Buying paper with paper or “laundering” FED losses through the US Treasury?

Friday, October 15, 2010

http://www.ft.com/cms/s/0/5505a7f0-d7c2-11df-b478-00144feabdc0.html

Dollar fall sparks stability warnings

By David Oakley and Peter Garnham in London and Michael Mackenzie in New York

Published: October 14 2010 19:55 | Last updated: October 14 2010 19:55

*** begin quote ***

The dollar tumbled against most major currencies on Thursday, prompting warnings that the weakness of the world’s reserve currency could destabilise the global economy and push other countries into retaliatory devaluations to underwrite their exports.

Increasing expectations the Federal Reserve will pump more money into the US economy next month under a policy known as quantitative easing sent the dollar to new lows against the Chinese renminbi, Swiss franc and Australian dollar. It dropped to a 15-year low against the yen and an eight-month low against the euro.

*** end quote ***

Why? Is QE2 a raid on the treasury? Privatize the gains; socialize the losses! A plague on all their houses.

# # # # #


FUN: Expert in eckynumbics

Friday, October 15, 2010

The Tonight Show With Jay Leno

The Nobel Prize for Economics was awarded to three economists. Should we have even given one out this year? If there’s one thing we’ve learned over the past two years, it’s that there’s no such thing as an expert in economics.

# # # # # posted 2010-10-15


MONEY: Forced Gooferment Skrules drain initiative and capability

Friday, October 15, 2010

http://www.spinninglobe.net/amishmudsill.html

*** begin quote ***

6. The Shrimp Lady

In the northeast corner of an island a long way from here an older woman sells plates of cooked shrimp and rice from out of an old white truck in a remote corner of the island. Nobody is around the truck. A lot of people pass, however, because the road she’s on goes to a famous surfing beach which attracts crowds year round.

She sells only shrimp and rice plus hot dogs for the kids and cold soda. The license to do this costs $500 a year, $43.25 a month, less than a dollar-and-a-half a day.

Anyone could do what this lady is doing who would get together about $15 thousand in seed capital. She’s 59, has a high-school diploma, a nice smile and cooks good shrimp. A hand-lettered sign advertises the wares beside the road.

The day I stood in line five customers were in front of me. They bought 14 plates between them and 14 sodas. I bought two and two. By the time I got to the window 5 new customers had arrived behind me. I was intrigued enough to sit across the road for two hours and count the sales: 41 plates, l5 hot-dogs, 50 sodas. The plates were $9.95, the dogs $1.25, the sodas $1.00. She had taken in close to $500 in two hours and her sign informed me she was open eight hours, seven days a week. Was it possible this truck was grossing nearly three-quarters of a million dollars a year?

*** and ***

Back in Orestes Brownson’s day the central promise of American life was democratization of intelligence and winning an independent competency upon which to exercise that intelligence. In America every one got the chance to develop intelligence, not just the elites. Beyond the narrow uses of intelligence for work it found many private uses inside home and family circles. Public argument was the great incentive to master knowledge. But after Darwin a horde of voices said argument was a waste of time for the stupid masses. Mudsill theory became scientized with Charles Darwin, with the rise of the German research university in America, and with the religion of numbers and bell-curve statistics.

*** end quote ***

Wow, that’s a stunning example! Forced Gooferment Skrules really hurt.

# # # # #


TECHNOLOGY: 69 mph scooter

Thursday, October 14, 2010

http://www.impactlab.net/2010/10/13/worlds-fastest-mobility-scooter-can-reach-speeds-of-69mph/

*** begin quote ***

It might look like your standard mobility scooter, designed to help the elderly and the infirm do their shopping. But this particular version has had rather a substantial upgrade.

Plumber Colin Furze, 31, spent nearly three months converting the machine so that it now whizzes along at an incredible 69mph – making it the world’s fastest mobility scooter.

It has a powerful 125cc motorbike engine hidden under the seat, five gears and twin exhausts.

*** end quote ***

Might be good for getting to work?

# # # # #


RANT: The View boiled over with Bill an the mosque

Thursday, October 14, 2010

http://extratv.warnerbros.com/2010/10/view_co-hosts_whoopi_goldberg_joy_behar_walk_out_on_bill_o_reilly.php

Interesting. BOR said that they have a right. And, that BHO44 distanced himself from the folks by stopping at that point without commenting on the appropriateness.

Joy is a hard left type so she kept interrupting and over talking him. His response of “you’ll learn something” was respond to rude with rude.

When he said, “Some muslims killed Americans in the WTC”.

That sent Whoppi over the edge. (I don’t understand why? BOR stated a fact.)

Adjusting my tin foil hat, what if 9-11 was a “false flag operation”?

In the world of international relations, terrorism, and spy versus spy, I would trust anything is what it seems.

Trust but verify. What better way to put a wedge between fellow Americans and another wedge between the USA and “the Muslim world”?   

Argh!

# # # # # posted 2010-10-14


PLINKY: If I Could Invent Anything

Thursday, October 14, 2010

… an obvious one fmpov!

Donate Blood (p6180505)

A device, that given a a drop of a patient's blood, it would produce 100% identical blood in whatever quantity needed.

My wife has a unknown blood problem that presents as an dramatic quick disappearance of red blood cells. A "blood xerox" machine would give the docs

Powered by Plinky


HARDWARE: Resume from hibernate didn’t resume

Thursday, October 14, 2010

Mac Book Air closed lid and, when I opened it, I didn’t get anything. Argh! Lost my daily run file of hospital notes. Have paper backup. But the McBa ain’t infallible.

# # # # # posted 2010-10-14


RANT: Forced schooling; the purpose to weaken people?

Thursday, October 14, 2010

http://www.spinninglobe.net/amishmudsill.html

*** begin quote ***

There was nothing popular, local or personal about this artificial conceit of forced schooling; its purpose was to weaken people’s capacity to educate themselves, to break their loyalty to family, church and land in order to release customers and workforce for élite schemes of economics and social ordering. Brownson said the teaching function belonged in a democracy to the whole community, not to a controlled monopoly, and we had already become the best educated people in history on our own hook. “Children,” he said, “were far better off educated by the general pursuits, habits and moral tone of the community” than by a privileged class of corporate or government agents.

*** end quote ***

They want to make cannon fodder out of children

# # # # #


SURVIVAL: Do you have your GOOD, GHB, and / or just G (Get! Git! Got!)

Wednesday, October 13, 2010

http://www.backwoodshome.com/blogs/ClaireWolfe/2010/10/09/bug-out-or-bug-in-bag/

1. What are some key differences in items you’d put in a bug-out bag and a bug-in bag?

2. Given your location and circumstances, how do you decide whether you’re more likely to need to bug out or bug in?

3. Assuming you conclude that you’re more likely to have to bug in than bug out, is a special bag for the purpose even necessary?

*** end quote ***

In my case, I have the “hospital bag” with among other things: a jumble book with pen, steno book, 4 cans of microwavable soup, fruit cocktail (just replenished, thanks Jacki), Our Girl’s unmentionables, two flashlights, one knife that wouldn’t make it past the TSA, am/fm radio, map of NJ (left over from a past road trip), a few bottles of water, and usually a bunch of those terrible Oats ‘n’ Honey bars that I have to restock. Hope you have your bags packed when needed. Even if you don’t believe in TEOTWAWKI (The End Of The World As We Know It), I remember Marge and Frenchy’s unexpected camp in trip as a result of Hugo. Only the Amish and the Mormons seem to be prepared for “stuff”.

# # # # #


POLITICAL: Gay “rights”, no; “human rights”, yes

Wednesday, October 13, 2010

http://centraljersey.com/articles/2010/10/07/opinions/doc4cacf5a0ac4d1591549135.txt

DISPATCHES: We’re all complicit
Sexual intolerance helped lead R.U. student to suicide
Wednesday, October 6, 2010 6:37 PM EDT
By Hank Kalet, Managing Editor

*** begin quote ***

Our unwillingness to grant LGBTs full rights is a societal/cultural admission that we think of them as less worthy than the rest of us. It allows the stigma to remain in place and allows the hate to continue to flow.

*** end quote ***

Modern day Liberals, as opposed to the Classical Liberals of history, suffer from a language difficulty. Either deliberate or unintentional. The “Our unwillingness … to grant … rights” is a construction that is flawed.

We don’t “grant” rights. “We hold these truths as self-evident. That all men are created equal and endowed by their Creator with certain unalienable Rights”. Rights are unalienable. It’s only when the Gooferment comes with their guns that the problems begin.

Why is the Gooferment involved in the “granting of rights”? Or the definition of “marriage”? Or encouraging “We, The People” to fight each other in the area that the Gooferment defines?

“Marriage” was originally a matter for a civil society to “consecrate” in its Churches. Secular Progressives could not permit that to continue because their values were in conflict. They “knew”, because of their elite status and education, what was good for everyone — Socialism of some flavor or another. Churches, Families, and Fraternal Organizations stood in the way. They gained control of the levers of Gooferment with its monopoly on using force and were i the “driver’s seat”. Can’t make an omelet without breaking a few legs. They used Gooferment to give “benefits” to marriage and thus began the war on that civil institution.

Personally, I am pro-choice on everything. I want a Voluntarist society.

“That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.”

Personally, I think the whole LGBT is a dead end branch for the propagation of the species. But, since I want to be left alone with respect to my personal life, I am more than happy to ignore everyone else’s choices. As a little L libertarian, I think that “marriage”, its Gooferment benefits that accompany it, and “Gooferment Skrules” — all shouldn’t exist.

That would very quickly end the debate.

And, by the way, anyone beating up anyone should be forced to make restitution regardless of why they were doing the beating.

# # # # #