POLITICAL: Defund The Export-Import Bank

Tuesday, August 19, 2014

http://www.againstcronycapitalism.org/2014/08/break-the-first-bank-of-cronyism-the-export-import-bank-of-the-united-states-video/

Break the First Bank of Cronyism, The Export-Import Bank of the United States
(Video)
By Editor on August 16, 2014

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Ex-Im is set to run out of funds at the end of September. Let’s make sure that this vehicle for crony capitalism doesn’t get a new lease on life.

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I’m writing my congress critters.

It’s a boondoggle that operates against the Taxpayer’s interests.

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MONEY: The tomato soup standard of value

Monday, August 18, 2014

http://keywestlou.com/a-good-time-last-night

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Then to Publix. I bought nothing. Cost $51. How do families do it?

When I was in high school, I worked in what was then called a supermarket. The time 1949. Supermarkets then were not the huge stores of today. Not even close. One of my jobs was to stock the shelves. One of the items was Campbell Tomato Soup. Five cents a can. I noticed Publix was having a Campbell Tomato Soup sale. Four cans for $4.95. $1.24 a can.  Although more than 60 years later, still a major increase!

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I would suggest to you that the difference is not “a major increase”, but a way to recognize that the value of “a dollar” — whatever that is — has dropped from 0.05 to 1.24.

Some economists — mostly from the Von Mise’s “Austrian School” — have asserted — I believe correctly — that the dollar has lost anywhere from 99.9% to 90% of its value depending on the interval you choose to measure.

In your specific example, it’s 95%!

Argh!

It’s about the Federal Reserve System, that is the OPEC of American Banks, Gooferment debt, Gooferment spending, cowardly politicians, and spendthrift bureaucrats.

The dollar, like the history of the French Franc, has been “devalued” day by day. Today the dollar is a shadow of its former self.

That’s the problem. 

Tomato soup hasn’t become more expensive; the dollars used to buy it are worth so much less. Ditto gas. Ditto every other product or service.

Argh!

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INTERESTING: Ron Paul — MH17 info withheld from the public

Sunday, August 17, 2014

http://www.economicpolicyjournal.com/2014/08/ron-paul-says-us-likely-hiding-truth.html

TUESDAY, AUGUST 12, 2014

Ron Paul Says U.S. ‘Likely Hiding Truth’ About MH17 Crash

HuffPo reports that in an Aug. 7 post at, Voices of Liberty, Ron Paul said he believes the U.S., with all its intelligence-gathering capabilities, should have a clear idea of what happened on July 17 when MH17 was shot down over Ukraine, killing all 298 people on board. But much of that information, he says, has likely been withheld from the public.

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Seem like a good “guess”.

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RANT: Congress failed; good!

Saturday, August 16, 2014

http://arstechnica.com/tech-policy/2014/08/the-six-tech-policy-problems-congress-failed-to-fix-this-year/?comments=1&post=27373075#comment-27373075

The six tech policy problems Congress failed to fix this year
On tech issues, the partisan divide isn’t so wide. Yet nothing happened.
by Joe Mullin – Aug 8 2014, 10:57am EDT

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One: Pass anti-troll patent reform

Two: Reform ECPA, and finally grant due process for e-mail privacy

Three: Reform our vague anti-hacking laws

Four: Bring out-of-control intel agencies to heel

Five: Do something on immigration

Six: Pass a strong, permanent “right to unlock” bill 

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“Do Nothing” Congress and deadlock between House and Senate / President is “good”.

Look at what happens when the R’s get control, we get “Homeland Security” and the TSA.

Look at what happens when the D’s get their way: Sarbox, NIJA mortgages, and bailouts galore.

Even if the current situation is “un en dur able”, they can make it worse.

Argh!

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POLITICAL: “Nothing could be worse than Saddam Hussein”

Friday, August 15, 2014

https://www.facebook.com/ThomasEWoods?fref=nf

Thomas E. Woods Jr.
August 8 at 10:47am ·

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Every so-called conservative who was tricked by government propaganda in 2003, repeat after me: “I was grotesquely wrong to have thought nothing could be worse than Saddam Hussein. I admit that Ron Paul predicted what we are seeing now, while I was standing with Hillary Clinton in support of the stupidest war in U.S. history.

“Next time I will be more skeptical of government propaganda, which as a conservative I am supposed to be in the first place.”

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Agreed!

Everything coming from politicians and bureaucrats is at best “propaganda” and at worst an absolute lie.

Argh!

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Thomas E. Woods Jr.August 8 at 10:47am ·
Every so-called conservative who was tricked by government propaganda in 2003, repeat after me: “I was grotesquely wrong to have thought nothing could be worse than Saddam Hussein. I admit that Ron Paul predicted what we are seeing now, while I was standing with Hillary Clinton in support of the stupidest war in U.S. history.
“Next time I will be more skeptical of government propaganda, which as a conservative I am supposed to be in the first place.”


TINFOILHAT: Carry out such a complicated task

Thursday, August 14, 2014

http://dollarvigilante.com/blog/2014/8/5/the-walls-are-crumbling-down-around-911-why.html#6470

THE WALLS ARE CRUMBLING DOWN AROUND 9/11 – WHY?
[Editor’s Note: The following post is by TDV Editor-in-Chief, Jeff Berwick] 

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Former Senator Bob Graham (D-Fla.), who co-chaired a congressional inquiry into 9/11 — separate from the 9/11 Commission — stated, as though now it was obvious, “None of the people leading this investigation think it is credible that 19 people — most who could not speak English and did not have previous experience in the United States — could carry out such a complicated task without external assistance.”

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Can say what you want BUT, (and there is always a BIG butt), I don’t believe the “official story” on anything ever.

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INTERESTING: Reinke’s “Power of Negative Thinking”

Wednesday, August 13, 2014

http://www.care2.com/greenliving/heres-the-actual-mathematical-equation-for-happiness.html

Here’s the Actual Mathematical Equation for Happiness
Diana Vilibert
August 6, 2014

Equationtopr

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“It is often said that you will be happier if your expectations are lower. We find that there is some truth to this,” said the study’s lead author Dr. Robb Rutledge. “Lower expectations make it more likely that an outcome will exceed those expectations and have a positive impact on happiness.” But expectations don’t just affect our happiness after we learn the outcome of a decision. “If you have plans to meet a friend at your favourite restaurant, those positive expectations may increase your happiness as soon as you make the plan,” says Dr. Rutledge. “The new equation captures these different effects of expectations and allows happiness to be predicted based on the combined effects of many past events.”

And while the key to happiness may not lie in expecting the worst, this study does open up the door to learning more about mood disorders and improving treatment options.

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With all due apologies to Doctor Norman Vincent Peale (Requiescat In Pacem) and his Power of Positive Thinking … …

Here is scientific confirmation of my proposed MEME of a particular wisdom

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“Expect the worst and all surprises are pleasant ones!”

— —  which I call “Reinke’s Law of Negative Thinking”.

Yeah!

Now I just need to right a book on that topic.

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http://lifehacker.com/the-benefits-of-pessimism-1620150406  

Strategic pessimism: This style of pessimism uses strategies to lower expectations and decrease anxiety by thinking through all the negative outcomes and planning for them.

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QUOTE: The late Robin Williams

Tuesday, August 12, 2014

“You never know another man’s burden until he puts it down and you feel the ground shake.”
— Robin Wiiliams (July 21, 1951 – August 11, 2014)

Requiescat In Pacem

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RANT: “Dollar Dominance” is important

Tuesday, August 12, 2014

http://www.bloomberg.com/news/2014-08-06/russia-sanctions-accelerate-risk-to-dollar-dominance.html

Russia Sanctions Accelerate Risk to Dollar Dominance
By Rachel Evans Aug 6, 2014 11:51 AM ET

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While no one’s suggesting the dollar will lose its status as the main currency of business any time soon, its dominance is ebbing. The greenback’s share of global reserves has already shrunk to under 61 percent from more than 72 percent in 2001. The drumbeat has only gotten louder since the financial crisis in 2008, an event that began in the U.S. when subprime-mortgage loans soured, and the largest emerging-market nations including Russia have vowed to conduct more business in their currencies.

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The political powers that be don’t understand that this is reaching the tipping point. Once “we” lose “dollar dominance”, life will be much tougher. Think the Germans in the Wehrmar Republic. We know how that Republic fared. It’s all about a countries wealth and currency.

Argh!

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RANTING Robin Williams Requiescat In Pacem

Monday, August 11, 2014

If you are feeling depressed, there is help out there. The National Suicide Prevention Hotline: 800-273-8255.

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Robin Williams
Requiescat In Pacem

He made me laugh so many times.

Stunning that a man could be so “funny” and yet so crazy. I’m praying for his soul and the family. Maybe someday, science will uncover a cure.

http://www.hollywoodreporter.com/news/robin-williams-dies-suspected-suicide-724724

Williams’ publicist Mara Buxbaum told The Hollywood Reporter: “Robin Williams passed away this morning. He has been battling severe depression of late. This is a tragic and sudden loss. The family respectfully asks for their privacy as they grieve during this very difficult time.”
His wife, Susan Schneider, said: “This morning, I lost my husband and my best friend, while the world lost one of its most beloved artists and beautiful human beings. I am utterly heartbroken. On behalf of Robin’s family, we are asking for privacy during our time of profound grief. As he is remembered, it is our hope the focus will not be on Robin’s death, but on the countless moments of joy and laughter he gave to millions.”

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Wall Street Journal reports

Actor Robin Williams Dead, Authorities Say

Actor Robin Williams is believed to have died of suicide by asphyxiation, the Marin County Sheriff’s Office said. He was found in his home in Tiburon, Calif., Monday and pronounced dead at 12:02 p.m. The Oscar-winning actor and comedian was known for “Dead Poets Society,” “Good Will Hunting,” “Mork & Mindy” and his stand-up career.

Mr. Williams was found dead in his home after a 911 call reported he was found unconscious and not breathing in his home. He was last seen alive at his home, where he lives with his wife, at 10 p.m. on Sunday, the sheriff’s department said.

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