MONEY: A global central bank would be a disaster

Thursday, July 30, 2009

http://thedailybell.com/bellPage.asp?nid=461&fl=

Daily Bell Archive
Issue 360 • Sunday, July 26, 2009
“The smallest minority on earth is the individual. Those who deny individual rights cannot claim to be defenders of minorities.” – Ayn Rand
Peter Schiff explains why he was right about free-markets, why Art Laffer was wrong and whether he will run for Senate

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Daily Bell: Where do you think this central banking approach to economic development is headed? Do you think it will eventually succeed as a global force – generating a global central bank, etc?

Peter Schiff: I think that in the end, central bankers controlling fiat money will prove to be an unworkable and inherently flawed system. Despite the apparent distinction, central bankers are politicians who are more concerned about rosy economic statistics than they are about sound currency. This can only lead to devalued currencies, which sooner or later becomes a major issue. A global central bank would be a disaster.

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It would truly signal the end of the American Empire.

Without the status of the world’s reserve currency, an awful lot of dollar would start looking for a home! They’d come to our shores looking for something to buy. Price inflation would be inevitable. Anything that could be boxed up and shipped home would be bid up. One can see whole productive factories being packed up and shipped lock, stock, and barrel. Labor is cheaper elsewhere. The USA wages would drop like a rock.

We’d suddenly know what it is like to be the tail on someone else’s dog.

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GUNS: The ultimate tool for varmints

Thursday, July 30, 2009

http://www.newsherald.com/news/shoots-76013-bristol-year.html

82-year-old shoots, kills robber; 3 women charged
July 23, 2009 12:01:00 AM
By JON MILTIMORE / News Herald Writer

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BRISTOL — Octavious Barnes died Sunday still clutching the $1,100 he took from an 82-year-old bar owner before he was shot.

Now, three Blountstown women accused of helping Barnes, 24, face murder charges in connection to his death.

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That’s a ZERO recidivism rate!

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Posted by reinkefj

INITIALISMS: TANSTAARTHC — There ain’t no such thing as a right to health care

Wednesday, July 29, 2009

http://www.ncc-1776.org/tle2009/tle528-20090719-02.html

There ain’t no such thing as a right to health care

by F. Paul Wilson

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On a desert island, you still have the right to free speech. And freedom of religion. And freedom of sexual expression. You also have the freedom to smoke or inject whatever available substances you care to.

You do not have the right to three squares a day because there are no farmers to provide them; you do, however, have a right to grow or forage whatever you can. You don’t have a right to a roof over your head because no carpenters live on the island, but you do have a right to erect one.

And you don’t have a right to health care because doctors and nurses and drugstores don’t exist on the island.

No point in belaboring this. Genuine human rights do not require the participation of anyone outside the individual. Anything that does require the aid or intervention of another party is something else. I’m not sure what it is, but it’s not a human right.

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The author correctly ids the corruption in our language and our thinking.

If you have a positive right, who pays for it?

That is the crux of the issue!

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RANT: Who pays the 800$ next year?

Wednesday, July 29, 2009

http://www.nbcdfw.com/news/local/Stimulus-Funds-Give-Texas-Teachers-a-Raise.html

Stimulus Funds Give Texas Teachers a Raise Texas teachers will get $800 raises thanks to stimulus funds
Updated 11:30 AM CDT, Sat, Jul 25, 2009

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Teachers across the state of Texas will soon get raises, thanks to $2 billion in stimulus funds approved by the Department of Education.

Texas teachers are expected to receive a minimum raise of $800.

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Stimulus my ass!

I wuz, we wuz, robbed!

Bet those teachers are all members of the teacher’s union!

This is a payoff to Democratic voters.

And in case the dumb shumck politicians, skipped economics, what will they do next year. All these raises will have to be paid for next year by who? Give yourself a gold star if you answered “the taxpayers of Texas”!

It’s an unfunded mandate.

Just like the minimum wage increase is an increase for government workers and union members.

Sheeple!

How stupid can you be?

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Posted by reinkefj

FUN: Trip Report

Tuesday, July 28, 2009

we went to see the gnome;

then four times we went to roam;

along the way, ate, so we’ve grown;

now we’re on our way home;

never ever again 2 rome;

longing for this 2 end? groan!

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RANT: Obama-care for the old = suicide or murder

Tuesday, July 28, 2009

http://www.cato-at-liberty.org/2009/07/25/government-health-care-trade-offs-death-or-treatment/

Government Health Care Trade-Offs: Death or Treatment?
Posted by Doug Bandow

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Uwe Reinhardt has made the argument that health care rationing is health care rationing. It’s inevitable, so there’s no big deal about the government exerting more control. I argued earlier that this ignores the question 0f who is doing the rationing, us or the government? Since resources are finite but desires are infinite, we all engage in “rationing” in most every aspect of our lives. But we do so based on our needs, wants, wishes, and dreams, not those of politicians or bureaucrats.

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… all for the common good!

Why do I think that the politicians will get a different “health care plan”?

And, could this be a way to quicken the collection of death taxes?

Argh!

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Posted by reinkefj

SERVICE: Warranty Elephant; sounds like a good idea

Monday, July 27, 2009

https://www.warrantyelephant.com/html/howitworks.aspx

Welcome to Warranty Elephant .com, a unique website designed to organize your warranty information on all purchased goods. Your warranty information will be stored for free on our secure server and will be listed by date of warranty expiration. An easy click on the item will allow you to obtain all valid warranty information on that product, including handy telephone numbers and your product’s serial number.

In addition, you can even upload a copy of your warranty itself and your invoice, so that you don’t have to search through stacks of paper to try and find the documents needed to exercise your warranty rights.

We will send you reminder emails at 3 months, 1 month and 1 week before your warranty expires. This will remind you to check your item and ensure it is in good working order. If it is not, you will have all the information needed, right in front you, to arrange for warranty service. You will never again spend money to purchase a warranty on an item only to have it break down and not be able to remember whether the warranty has expired or if you had even purchased the warranty in the first place.

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Seems like a good idea to me.
Warranties, especially extended ones, seem worthless.
Maybe an organized approach would change that opinion.
I view stuff I buy as a “used car”. Caveat emptor.
Maybe saving this information might make it easier to return stuff.
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Posted by reinkefj

GOVEROTRAGEOUS: The Gooferment has its thumb on the scale

Monday, July 27, 2009

http://www.lewrockwell.com/sardi/sardi113.html

Obstructing and Manipulating
by Bill Sardi

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Bernanke Caught Swapping Currencies

On the same day Barofsky was briefing Congress on his 250-page report, a film clip on YouTube showed Congressman Alan Grayson grilling the Federal Reserve’s Ben Bernanke, who admitted to swapping $500 billion of US funds to central bankers in Europe in one day (this represents 25% of what the US collects in taxes in an entire year), in what appears to have been an attempt to alter the value of the US dollar and to influence the price of oil and the value of stocks.

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What that means is that, to the Average Joe , the markets are being manipulated.

What that means is that eventually one big ugly chicken is going to come home to roost.

What that means is that sooner or later the truth will come out.

We wuz robbed.

And the elite did it.

So recognize the thieves in DC and vote them ALL out.

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FUN: Baboons and locks; perfect together

Sunday, July 26, 2009

Baboons attack a car with roof luggage

A funny two minutes. As long as it’s not YOUR undies being tossed around. ROFL!

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Posted by reinkefj

POLITICAL: Too many trends in the wrong direction

Sunday, July 26, 2009

http://www.wnd.com/index.php?fa=PAGE.view&pageId=104833

Has Obama’s luck run out?
Posted: July 23, 2009 10:30 pm Eastern
Pat Buchanan

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Obama is approaching such a moment of truth.

The universal health insurance plans being advanced all appear too complex, costly and non-credible to pass both houses. The cap-and-trade carbon emissions bill, with its huge costs to be passed on to U.S. producers and consumers, as China opts out, seems an act of national masochism.

The $787 billion stimulus bill has done zip to stimulate the economy. Less than 10 percent of the money has gone out the door, which makes one wonder why it was called a stimulus package. Unemployment is at 9.5 percent, well above what the Obamaites predicted, and rising.

As worrisome is the situation in Afghanistan. The United States has 66,000 troops in country or on the way, as our NATO allies look for the exit ramp. We are seven and a half years in and the Afghan army is not remotely capable of defending the nation or regime.

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While I’m not a Buchanan-ite, one has to recognize he is a perceptive political analyst.

Bill “it’s the economy, stupid” Clinton had a Waterloo with health care. Obama seems to be heading the same way.

Ron Paul, the only true peace candidate in the last election, was laughed at for the “first thing coming home”.

Everyone can say what they want, but we are heading in the wrong direction.

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