Northam on Abortion Bill: Infant Could Be Delivered and Then ‘Physicians and the Mother’ Could Decide If It Lives

Virginia Gov. Ralph Northam (D.) commented Wednesday about a controversial 40-week abortion bill and in so doing said the law allows an abortion to take place after the infant’s birth.

Source: Northam on Abortion Bill: Infant Could Be Delivered and Then ‘Physicians and the Mother’ Could Decide If It Lives

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Isn’t this murder?

When does life begin?

And when does a baby get those “inalienable rights of life, liberty, and the pursuit of happiness”?

Argh!

— 30 —

MONEY: Thoughts on Bob Murphy’s “Infinite Banking Concept”

2019-Jan-31

https://tomwoods.com/ep-1326-how-to-secede-from-our-monetary-regime/

Ep. 1326 How to Secede From Our Monetary Regime
22nd January 2019 — Tom Woods

*** begin quote *** 
 
Frequent guest Bob Murphy returns, this time talking about his new (co-authored) book, The Case for IBC. This is an acronym for “Infinite Banking Concept,” a strategy that uses properly designed whole life insurance policies as a way to “become your own banker.” The concept was developed by Nelson Nash, who besides working in insurance was personally tutored in Austrian theory by Leonard Read himself. Bob explains how the average person can benefit from IBC, and he answers common objections like “Isn’t it better to buy term and invest the difference?” and “Why would I put my money in life insurance when the dollar is going to crash?”

*** end quote ***

My initial thought:

I (humbly) suggest another reason for the IBC concept. One can only by insurance when reasonable healthy. I had a young 30 something coworker who became uninsurable after surviving a bout with cancer. In his case, buying a whole life policy, when he was younger and healthier, would have given his family the death benefit protection. He died in his 50’s. So I’d suggest the IBC concept would avoid the “insurability” problem should it arise. Buying any insurance may not be possible later in life. Am I missing something here?
 
To which Bob responded:

BobMurphy9  ferdinand reinke • 7 days ago
You’re right. That has to do with the “buy term and invest the difference” canard. I think on the episode I contrasted the jump in premiums if you wanted to renew your term policy, but yeah, if you develop a condition in the meantime, you might be uninsurable.

Now upon reflection on “buy term and invest the difference”:

Based on my own personality, and that of many other “spendthrifts” I see around me, I think there are two types of people — spenders and savers.  My now deceased wife grew up poor, was scared for life, and was a prodigious saver.  My maternal grandmother and my mother grew up in the Depression and also were prodigious savers.  I, OTOH, am a “spender”; maybe even a “spendthrift”, who never cared about delaying gratification.  I can identify others who fall into one of those two categories. 

Now with that in mind, considering the “buy term and invest the difference” canard, imho, “savers” can do that easily, but “spenders” can’t.  So for spenders, whole life insurance and the IBC concept makes a lot of sense.  All though, I’m not quite sure how one in their “earning days” could get on it or into it.  

Unlike savings in a CD ladder (https://reinkefaceslife.com/2007/08/17/money-creating-a-ladder/), which my wife loved, entry and exit was easy.  In today’s Fed-driven insane zero interest rate climate, the CD ladder makes no sense.

Hope this is of interest and helps someone further back on the road of life.  As I like to say, “if I knew then what I know now, my life would be completely different”.  Not sure it would be better or worse; just different. Unfortunately, in life, one can not just “rewind time” and choose differently.  It doesn’t work that way.  And one can’t even say a choice was “wrong”, since you made the choice at the time with feelings, imperfect information, and outlooks that structured your decision.  All you can say is that the results were what they are.  

Even “bad” results are how we are viewing the results in the eyes of the Monday Morning Quarterback. Shoulda, coulda, and woulda!  An alternative future history.  What might have been?  You can drive yourself crazy and make yourself sad about “missed opportunities”, “missed loves”, and “bad mistakes”.  

*** begin quote ***

And now, the end is near
And so I face the final curtain
My friend, I’ll say it clear
I’ll state my case, of which I’m certain
I’ve lived a life that’s full
I traveled each and every highway
And more, much more than this, I did it my way

Regrets, I’ve had a few
But then again, too few to mention
I did what I had to do and saw it through without exemption
I planned each charted course, each careful step along the byway
And more, much more than this, I did it my way

{Extraneous Deleted}

The record shows I took the blows and did it my way
Yes, it was my way

*** end quote ***

“You don’t have to pay tuition for every lesson. You can learn from other people’s mistakes!” — Unknown

# – # – # – # – # 2019-Jan-31 @ 06:59

Drunk driver cruises for 17 miles in wrong direction: cops

A man was arrested for DWI — after driving his car 17 miles in the wrong direction on a Connecticut highway, police said.

Source: Drunk driver cruises for 17 miles in wrong direction: cops

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As a fat old white guy injineer, why can’t this be prevented by parking lot like spikes at the entrance ramps?

— 30 —

Retired couple who made $26million on state lotteries to have a movie made of their lives | Daily Mail Online

Jerry and Marge Selbee made millions winning various state lottery games over six years and helped others in their home town of Evart, Michigan, beat the system.

Source: Retired couple who made $26million on state lotteries to have a movie made of their lives | Daily Mail Online

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Well good for them.  I’ve always looked at the Gooferment’s lottery “offerings” and never found the odds even close to attractive.  I never heard of “Windfall” until this 60 minutes story last night.

Reminds me of the Canadian guy who realized that the Canadian casio was powering down the Keno machine and the numbers were repeating.  He took them for millions and they eventually figured it out but it was way too late.  They went to court and lost.  Laugh!

I just “love” politicians and bureaucrats who make blunders.

Like the IRS when they seized an Nevada whorehouse and ran it while seeking buy and lost a million dollars a month.  Laugh!  Can you lose money running a whorehouse?  Obviously you can.

Argh!

— 30 —

 

 

INTERESTING: Is “football” over?

2019-Jan-27

http://www.espn.com/espn/story/_/id/25776964/insurance-market-football-evaporating-causing-major-threat-nfl-pop-warner-colleges-espn

For the NFL and all of football, a new threat: an evaporating insurance market play 
Jan 17, 2019 Steve Fainaru Mark Fainaru-Wada

*** begin quote ***

“Basically, the world has left the marketplace,” Alex Fairly, CEO of the Fairly Group, an Amarillo, Texas-based risk management firm whose clients include the NFL and Major League Baseball, told Outside the Lines. “If you’re football, hockey or soccer, the insurance business doesn’t want you.”

During the November convention of the Casualty Actuarial Society in Las Vegas, William Primps, an insurance lawyer and former Yale running back, told hundreds of actuaries, “Overall, I think that there is a real threat to the viability of contact sports.”

*** end quote ***

I know, personally, that some are not going to let their children play football.  I think that is the “death blow”.  Here’s another factor in its eventual demise?

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Trump ally Roger Stone arrested following indictment in Robert Muller’s Russia probe | Daily Mail Online

FBI agents armed with rifles took the self-decsribed political dirty trickster into custody in a dramatic pre-dawn raid with their weapons drawn and a lead agent shouting ‘FBI! Open the door! We have a warrant!’

Source: Trump ally Roger Stone arrested following indictment in Robert Muller’s Russia probe | Daily Mail Online

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Seriously?

What’s this?  More political theater!

The demonstration of this was that CNN was there to film it!

Sorry, but this discredits the FBI in my mind.  A phone call to his lawyer to arrange a surrender would have be a lot cheaper, but not as much “fun”.

Argh!

It’s all a political circus.

Where were the raids over the HRC emails?

— 30 —

GOVEROTRAGEOUS: Selective Service System should be ended

2019-Jan-25

https://www.military.com/daily-news/2019/01/23/proposal-could-require-women-register-draft.html

Proposal Could Require Women to Register for the Draft
23 Jan 2019
Military.com | By Patricia Kime

*** begin quote ***

A congressionally mandated commission is weighing whether women should be required to register for the Selective Service System, or whether the U.S. needs a draft registration system at all.

*** end quote ***

Isn’t it time to end the draft?

After all it’s unconstitutional slavery.

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Categories Uncategorized

MONEY: Another use for life insurance?

2019-Jan-24

https://tomwoods.com/ep-1326-how-to-secede-from-our-monetary-regime/#disqus_thread

Ep. 1326 How to Secede From Our Monetary Regime
22nd January 2019 — Tom Woods 

*** begin quote ***

Frequent guest Bob Murphy returns, this time talking about his new (co-authored) book, The Case for IBC. This is an acronym for “Infinite Banking Concept,” a strategy that uses properly designed whole life insurance policies as a way to “become your own banker.” The concept was developed by Nelson Nash, who besides working in insurance was personally tutored in Austrian theory by Leonard Read himself. Bob explains how the average person can benefit from IBC, and he answers common objections like “Isn’t it better to buy term and invest the difference?” and “Why would I put my money in life insurance when the dollar is going to crash?”

*** end quote ***

I understand the IBC; not sure I “grok” it. By that, I mean get it and apply to my life or my memes.

I (humbly) suggest another positive reason for the IBC concept that was not mentioned in the podcast. One can only by insurance when reasonable healthy. I had a young 30 something coworker who became uninsurable after surviving a bout with cancer. In his case, buying a whole life policy, when he was younger and healthier, would have given his family the death benefit protection. He died in his 50’s. So I’d suggest the IBC concept would avoid the “insurability” problem should it arise. Buying any insurance may not be possible later in life.

Am I missing something here?

# – # – # – # – # 2019-Jan-24 @ 10:46

Texas homeowner, 20, shoots and kills three men and injures two more during home invasion | Daily Mail Online

A Texas homeowner, 20, fatally shot three men and wounded two others, all of whom are suspects in an alleged home invasion against the shooter which took place in Houston on Saturday, authorities said.

Source: Texas homeowner, 20, shoots and kills three men and injures two more during home invasion | Daily Mail Online

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If this turns out as reported, then it’s a good case for keeping an AR15 legal!

— 30 —

Saints-Rams controversy: NFL allowed refs to steal Super Bowl berth

Same with the Saints. And blaming referees is almost always a loser’s lament. Except when a call this terrible comes in an elimination game. Then, it’s larceny. The NFL had been begging for something like this for years as the quality of its officiating eroded amid weekly yelps and protests. It was bound to happen sometime, to some team.

It happened to the Saints. They were robbed.

Source: Saints-Rams controversy: NFL allowed refs to steal Super Bowl berth

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Zebra ball at its best!

— 30 —

Security Checklist

A checklist for staying safe on the internet

Source: Security Checklist

A beginner’s guide to online security

This website is a clear guide for staying safe online. There’s no fluff or marketing, just the straight dope on how to use a password manager, create a strong device passcode, use two-factor authentication, set up a mobile carrier PIN, and much more. — MF

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Even I can learn some new methods to incorporate in my routines.

— 30 —

Hotel dishwasher awarded $21 million after boss made her work on Sundays – Sun Sentinel

But Pierre, a 60-year-old mother of six children in Miami, isn’t likely to end up getting all that money. Instead, it’ll be more in the range of $500,000, because punitive damages are capped in federal court, her lawyer said.”The jury was not aware of the cap,” said Pierre’s Miami-based lawyer, Marc Brumer. “They thought that they punished Hilton hotel with $21 million [in damages].”She’d get up to $300,000 in punitive damages — that’s the limit in federal court — in addition to $500,000 awarded for emotional distress and $35,000 in back wages, Brumer said. From all that, Pierre could get about $500,000 after legal fees are factored in, Brumer estimated.

Source: Hotel dishwasher awarded $21 million after boss made her work on Sundays – Sun Sentinel

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That jury sure attracted my attention.

Guess Hilton has some ‘splaining to do!

Argh!

— 30 —

ECONOMICS: “Tax the rich” prevents “capital formation” and makes us all poorer

https://mailchi.mp/tomwoods/high-taxes?e=39307912ab

Tom Woods · PO Box 701447 · Saint Cloud, FL 34770 · USA 

FROM HIS EMAIL BLAST OF 2019-Jan-16 10:26PM

*** begin quote ***

Here’s my unfashionable opinion: I believe in tax cuts for the rich. (I believe in tax cuts for everyone.) I believe the rich are human beings with rights, and not cash cows to be milked by people who had nothing to do with the creation of their wealth.

Now what follows is just for you, and not for your social-democratic friends, who will listen to what I say and respond with, “That’s trickle down, which doesn’t work!”

Those people are anti-intellectual and can’t be reached. What I’m telling you here is for the sake of your own understanding, not theirs.

Here is how wealth is created, and why confiscating the incomes of high earners is so destructive.

When firms increase and improve the equipment and machinery at the disposal of workers, those workers’ labor becomes more productive. Imagine someone using a forklift (as my father did), as opposed to stacking pallets with his bare hands, or producing books with modern equipment as opposed to a 16th-century printing press. The amount of production the economy is capable of is thereby increased, often dramatically, and this increase in production puts corresponding downward pressure on consumer prices (relative to wage rates).

There is nothing natural or inevitable about the availability of this productivity-enhancing capital equipment. It does not fall out of the sky. It comes from the wicked capitalists’ saving, and the allocation of the unconsumed resources in capital investment.

This process is the only way the general standard of living can rise. Only in this way can the average laborer produce the tiniest fraction of what today he is accustomed to producing. It follows that only under these conditions can he expect to be able to consume the tiniest fraction of what today he is accustomed to consuming.

The increases in the productivity of labor that additional capital brings about push prices down relative to wage rates. By increasing the overall amount of output, such increases raise the ratio of consumers’ goods to the supply of labor. Put more simply, improvements in the production process that lead to an increased supply of consumer goods make those consumer goods cheaper and easier for people to acquire.

 

That’s why, in order to earn the money necessary to acquire a wide range of necessities, far fewer labor hours are necessary today than in the past. Thanks to capital investment, which is what businesses engage in when their profits aren’t seized from them and when savings are available to them to invest, our economy is far more physically productive than it used to be, and therefore consumer goods exist in far greater abundance and are correspondingly less dear than before.

*** end quote ***

And, he has a list of how productive has cut the “cost” of certain items in terms of the work hours needed to acquire them.  Very impressive.

“Tax the rich” is code for make everyone poorer by preventing “capital formation”.  Zero interest rates have wiped out savings by what’s left of the middle class.  If there is no “capital investment” because the “rich” are tax and unable to invest, then where does “capital investment” come from?  

I know “the money tree” that grows in everyone’s backyard!

Argh!

Today’s politicians and bureaucrats need to go to the figurative guillotine before the USA has its own version of the French Revolution.  Can these people possible be this stupid about economics?

I wonder.

TANSTAAFL (“There Ain’t No Such Thing As A Free Lunch” From Robert Heinlein’s classic) 

Or are they just blinded by their “power”?

Argh!

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PIERS MORGAN: I’m sick of this war on masculinity. Gillette have just cut their own throat | Daily Mail Online

It’s a bad week for men. The APA has condemned traditional masculinity as ‘harmful’ and stated that traits like competitiveness, achievement, ‘adventure and risk are bad. What a load of PC-crazed bilge.

Source: PIERS MORGAN: I’m sick of this war on masculinity. Gillette have just cut their own throat | Daily Mail Online

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Once again I am forced to agree with Piers Morgan.  What’s happening to him or to me?  Laugh!

— 30 —

Professional gamers caught cheating in a bid to win $2M prize

One of the world’s biggest e-sports competitions has been thrown into chaos after more than a dozen professional gamers were caught cheating in a bid to win the top prize of $2 million.The

Source: Professional gamers caught cheating in a bid to win $2M prize

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Anyone remember the 21 Quiz show scandal?

Argh!

— 30 —

China: Angry Parents Surround Official, Yell ‘Beat Him!’ over Vaccines

The SCMP quoted Chinese state media reports that 17 officials from Jinhu County have been “put under investigation, sacked, or expelled from the Communist Party over the scandal.” At the national level, a new Vaccine Management Law is under consideration that would allow citizens to sue pharmaceutical companies if death or serious illness results from faulty vaccines.

Source: China: Angry Parents Surround Official, Yell ‘Beat Him!’ over Vaccines

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Pretty bad when Chinese citizens can do what American consumers can’t!

— 30 —

How Tainted Drugs Reach Market And Make Patients SickerKaiser Health News

The Food and Drug Administration is supposed to inspect all factories, foreign and domestic, that produce drugs for the U.S. market. But a KHN review of thousands of FDA documents — inspection reco…

Source: How Tainted Drugs Reach Market And Make Patients SickerKaiser Health News

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A great argument to make the FDA an ADVISORY body.  Could we do any worse?

— 30 —

DC Comics Set to Release Superhero Comic Book Starring a Bungling Jesus Christ

DC Comics is set to release a new book featuring an out-of-touch, bungling Jesus Christ in the lead.

Source: DC Comics Set to Release Superhero Comic Book Starring a Bungling Jesus Christ

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Wonder if they would do that if it was Mohammed?

I think it’s disgraceful to mock someone’s religion!

This is a “hate crime” if something like “hate crime” did exist.

Argh!

— 30 —

State Puts Innocent People’s DNA In A National Database

A suit alleges that California is retaining hundreds of thousands of innocent people’s DNA analyses in a system known as CODIS. The state of California is putting innocent people’s DNA in a national database for law enforcement. Specifically, two groups allege California collects DNA from people arrested but never convicted of crimes.

Source: State Puts Innocent People’s DNA In A National Database

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This is inexcusable.  But how can it be stopped, prevented, and purged?

— 30 —

Rare Penny Found in Boy’s Lunch Money Could Fetch Up to $1.7 Million in Auction – Geek.com

A rare 1943 copper Lincoln cent — found by a Massachusetts teenager in his change after he paid for lunch at a school cafeteria — is expected to fetch up to $1.7 million when […]

Source: Rare Penny Found in Boy’s Lunch Money Could Fetch Up to $1.7 Million in Auction – Geek.com

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And folks wonder why I look at my change and dollar bills?

— 30 —

Do YOU have genius-level IQ? | Daily Mail Online

A new IQ quiz from Playbuzz claims it can identify geniuses. The challenge features ten tricky questions across a variety of topics, including maths, and a score of nine out of ten shows a high IQ.

Source: Do YOU have genius-level IQ? | Daily Mail Online

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I only got 7 so now I know I’m not a “genius”.  So everyone can stop comparing me to Sheldon in the Big Bang Theory!

— 30 —

POLITICAL: So much about “illegal immigrants” is unacceptable.

2019-Jan-06

https://www.dailymail.co.uk/news/article-6562309/Trump-quotes-Obama-Hillary-calling-better-borders-early-morning-tweets.html

‘Walls Work!’ Trump goes to bat for his wall again in early morning tweets as he quotes Obama and Hillary historic statements calling for better borders

  • Trump tweeted on Sunday quotes from former President Barack Obama and former Secretary of State Hillary Clinton calling for better borders
  • He added that the reason Democrats are against building a border wall is because ‘walls work’  
  • Senate minority Chuck Schumer revealed Trump threatened to prolong the  partial government shutdown for ‘months or even years’
  • The president confirmed this during a Rose Garden press conference and added he was ‘proud’ to do so
  • The shutdown began on December 22 and is now in its sixteenth day 
  • Trump added he’s considering declaring national emergency to get the wall built
  • Vice President Mike Pence floated a $2.5 billion compromise from Congress
  • The commander-in-chief rejected it and said he is asking for $5.6 billion 

By MARY KEKATOS and KEITH GRIFFITH and FRANCESCA CHAMBERS, WHITE HOUSE CORRESPONDENT FOR DAILYDAILYMAIL.COM

PUBLISHED: 09:59 EST, 6 January 2019 | UPDATED: 10:08 EST, 6 January 2019

*** begin quote ***

President Donald Trump went to bat for his wall at the US-Mexico border by quoting  his predecessors.

The commander-in-chief sent out tweets early Sunday morning that drew on past statements made by former President Barack Obama and former Secretary of State Hillary Clinton.

‘”We simply cannot allow people to pour into the United States undetected, undocumented, unchecked…” Barrack [sic] Obama, 2005,’ the first part of the tweet reads, which was spoken by Obama at a December 2005 press conference in Florida.

*** end quote ***

Clearly this is ALL political.  All politics all the time.  And tiresome.

For two years, when the R’s controlled everything, Obamacare was NOT repealed and the Wall wasn’t funded.  Now suddenly, it’s a problem.

Why do we have such problems on the Southern Border but not on the Northern one?

I think having “illegal immigrants” die in the desert of the Souther Border is unacceptable.

I think having “illegal immigrants” collecting welfare is unacceptable. (Anyone collecting “welfare” is unacceptable.)

I think having “illegal immigrants” being forced to come here illegally  is unacceptable.

I think that the politicians and bureaucrats politicizing “illegal immigrants”  is unacceptable.

Argh!

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The American Dream is Being Held Hostage – Gold Telegraph

If the current trend of cutting taxes without decreasing entitlement programs continues, the budget deficit will likely reach or exceed $2 trillion within the next ten years. It will bloat from 3.8 percent of GDP in 2018 to an excess of 7 percent of GDP in a decade. By 2018, the budget deficit will reach 10.5 percent of GDP. Within 20 years, the national debt with be 148 percent of GDP. Americans will become hostage to massive spending and out-of-control debt. With Democrats viewing increased spending and more government expansion as a magic carpet ride, the debt explosion may already be in sight. Their siren song of “Medicare for all” is attracting a great deal of favorable attention.

Source: The American Dream is Being Held Hostage – Gold Telegraph

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This is not going to bode well for the future of the USA.

— 30 —

Grubhub Class-Action Suit Filed by Philly Indian Restaurant Chain Tiffin

The thing is, points out Narula’s lawsuit, the phone number listed on the Grubhub app is not actually the restaurant’s phone number. We checked the Grubhub landing pages for several Philadelphia restaurants and, sure enough, a different number is listed than the one registered to the restaurant. When you call the number on the Grubhub landing page, the call is rerouted to the restaurant’s own phone number, and you have your conversation with the restaurant directly. Grubhub has no involvement.

Source: Grubhub Class-Action Suit Filed by Philly Indian Restaurant Chain Tiffin

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That seems like an unfair business practice.

No using grubhub for me.

— 30 —