http://www.blacklistednews.com/School_Officials_Used_Young_Girl_as_%E2%80%9CBait%E2%80%9D_in_Rape_Sting%2C_She_Was_Raped_and_they_Covered_it_Up/45680/0/38/38/Y/M.html

SCHOOL OFFICIALS USED YOUNG GIRL AS “BAIT” IN RAPE STING, SHE WAS RAPED AND THEY COVERED IT UP
Published: August 13, 2015

*** begin quote ***

BHJ’s lawsuit was even thrown out by a lower court who sided with the school board.

However, on Wednesday, the 11th Circuit Court of Appeals brought back the lawsuit and granted BHJ’s attorney the ability to sue the Madison County school board.

“This is a unique case because the administrators effectively participated in (the boy’s) sexual harassment by setting (Jane) Doe up in a rape-bait scheme involving (the boy) in order to ‘catch him in the act,’” found the appeals court.

The lawsuit will now continue and with any luck, BHJ will receive just compensation for her role as a pawn in the school’s ridiculous plan.

*** end quote ***

I’d say the word “ridiculous” is a VAST understatement.

The Taxpayers and the Parent if the “inmates” at this “school” should be up in arms.

Argh!

I’d say fire everyone involved or in a supervisory or managerial or leadership role.

Immediately!

Argh!

# – # – # – # – # 

http://davidstockmanscontracorner.com/the-long-range-social-securitymedicare-deficit-72-trillion-and-counting/

CONTRA NEWS AND VIEWS, STOCKMAN’S BEST OF THE WEEK
The Long-Range Social Security/Medicare Deficit: $72 Trillion And Counting
by Forbes • August 11, 2015
By John C. Goodman for Forbes

*** begin quote ***

The Social Security/Medicare Trustees have issued their latest reports and they are not easy reading for the uninitiated. I suspect most of the Trustees hope you don’t read them at all. They prefer their own spin. Under both Republican and Democratic administrations, these reports are invariably accompanied by a press release that completely ignores what is important and focuses instead on what is unimportant.

What’s unimportant? The trust funds and when they will run dry. Like most social security systems in the world today, ours is a pay-as-you-go system. Nothing has been saved or invested. What we call trust funds consist of nothing more than IOUs the government has written to itself. (More on that below.) Yet, that is what the official press releases emphasize and this focus is reflected in the first graph below.

What’s important? Cash flow. In fact, in a pay-as-you-go system, cash flow is the only thing that matters. As the second graph shows, Social Security and Medicare are paying out more than they are taking in. As the baby boomers retire, the total deficit will grow dramatically. Currently, we are using about one in every seven general revenue dollars to cover these deficits. By 2020, we will need more than one in five. By 2030, we will need about one in three.

*** end quote ***

Like most Ponzi schemes, eventually the suckers’ money runs out.

And, all the politicians and bureaucrats from FDR are going to be long gone.

So what should be done about this and ALL the unfunded liabilities?

At the very least, everyone should REALIZE that the current system is unsustainable.

Even a fat old white guy injineer or a reasonably competent accountant can demonstrate that there ain’t no free lunch.

• Old advice: “when in a hole, stop digging” seems to apply here.
• Hard stop on all new “pensions”. Require all such to be fully funded!
• All plans must “mark to market” with honest accounting.
• “Chile” style social security reform
• Congress must live within what the taxpayers can afford
• Any deficit is paid for my Congress folks personally

Stockman’s Corner

STOCKMAN’S CORNER

Chart Of The Day: Mr. Deng’s Drastic Yuan Devaluation And The Long Mercantilist Peg Which Followed

by David Stockman • August 15, 2015

Read on→

STOCKMAN’S CORNER

Chart Of The Day: The Tesla ‘Cash Burn’ Inferno

by David Stockman • August 13, 2015

  … 

Read on→

STOCKMAN’S BEST OF THE WEEK,STOCKMAN’S CORNER

CNBC’s Alfred E. Neuman Luncheon Club—–Beyond Clueless

by David Stockman • August 13, 2015

I just heard one of CNBC’s cheerleaders admonishing viewers not to worry about China’s full-on plunge into currency wars. You see, the US is growing strongly at 2-3% in the second half, jobs just keep on coming, and, besides, the USA is completely “decoupled” from whatever troubles may be brewing abroad. So this regular CNBC noon… 

Read on→

CONTRA NEWS AND VIEWS,STOCKMAN’S BEST OF THE WEEK

China’s Beggar The World Deflation——Global Steel Industry Getting Hammered By Its Steel Dumping

by Ambrose Evans-Pritchard at The Telegraph • August 12, 2015

By Ambrose Evans-Pritchard at The Telegraph Chinese steelmakers are preparing to flood the global market with cut-price exports as they take advantage of this week’s shock devaluation of the yuan, setting off furious protests from struggling competitors in Europe and the US. It is the first warning sign of a deflationary wave of cheap products… 

Read on→

PATER TENEBRARUM,STOCKMAN’S BEST OF THE WEEK

The True Cause Of Greece’s Economic Failure——An Omnivorous State, Not Lazy Workers

by Pater Tenebrarum • August 12, 2015

  The Industrious Greeks Mystery In the course of the Greek crisis, animosities between creditor countries like Germany and Greece didn’t take long to surface. They were fired up in the tabloid press, which was quick to revive various stereotypes. In Greece, Germans soon found themselves compared to their Nazi predecessors, while German tabloids inter […] 

Read on→

Stockman’s Corner Media

AUDIO AND VIDEO, STOCKMAN’S BEST OF THE WEEK

Reagan OMB Head: Fed Fueling Ill-Gotten Gains

by David Stockman • January 30, 2015

Read on→

AUDIO AND VIDEO, CONTRA CLUB,STOCKMAN’S BEST OF THE WEEK

Stephen Roach Nails It Again: Fed Is In Total Denial, Replicating Same “Deadly Trap” As Last Time

by ZeroHedge • January 9, 2015

The Fed “is in total denial,” Roach rants, adding that it “hasn’t learned the lessons of what it put the world through a decade ago.” 

Read on→

AUDIO AND VIDEO, STOCKMAN’S BEST OF THE WEEK, STOCKMAN’S CORNER

David Stockman Interview: The Case For Super Glass-Steagall

by David Stockman • December 21, 2014

Read on→

AUDIO AND VIDEO, STOCKMAN’S BEST OF THE WEEK, STOCKMAN’S CORNER

David Stockman Talks Historical Dominoes—–Rise Of the Warfare State And Keynesian Central Banking

by David Stockman • December 15, 2014

http://davidstockmanscontracorner.com/thompsonstockman121214.mp3 Click here to listen. David Stockman interview on the Political Badger: Today I had the pleasure of interviewing David Stockman.  He is a former Congressman from Michigan, former Director of the Office of Management and Budget under President Ronald Reagan, and former partner at The Blackstone Group.  Stockman is the author of The Triumph of Politics: Why the… 

Read on→

Top Posts & Pages

• The Great China Ponzi—-An Economic And Financial Trainwreck Which Will Rattle The World
• Chart Of The Day: The Tesla ‘Cash Burn’ Inferno
• CNBC’s Alfred E. Neuman Luncheon Club—–Beyond Clueless
• Hey Fed! Get A Grip On Your Inflation Reality Gap With July PPI
• How To Shrink Bloated Food Stamp Rolls——Rescind Obama’s Work Requirement Waivers
• No Monsters Here——A Pictorial Essay On Everyday Iran
• Beware Of China’s Latest And Greatest Export——Black Swans
• Initial Claims Send Longest Bubble Peak Warning In History
• Mind The Gold-Lumber Ratio—–It’s Signaling A Spot Of “Risk-Off” Bother In The Equity Markets
• China’s Beggar The World Deflation——Global Steel Industry Getting Hammered By Its Steel Dumping

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CONTRA NEWS AND VIEWS, STOCKMAN’S BEST OF THE WEEK

The Long-Range Social Security/Medicare Deficit: $72 Trillion And Counting

by Forbes • August 11, 2015

By John C. Goodman for Forbes

The Social Security/Medicare Trustees have issued their latest reports and they are not easy reading for the uninitiated. I suspect most of the Trustees hope you don’t read them at all. They prefer their own spin. Under both Republican and Democratic administrations, these reports are invariably accompanied by a press release that completely ignores what is important and focuses instead on what is unimportant.

What’s unimportant? The trust funds and when they will run dry. Like most social security systems in the world today, ours is a pay-as-you-go system. Nothing has been saved or invested. What we call trust funds consist of nothing more than IOUs the government has written to itself. (More on that below.) Yet, that is what the official press releases emphasize and this focus is reflected in the first graph below.

What’s important? Cash flow. In fact, in a pay-as-you-go system, cash flow is the only thing that matters. As the second graph shows, Social Security and Medicare are paying out more than they are taking in. As the baby boomers retire, the total deficit will grow dramatically. Currently, we are using about one in every seven general revenue dollars to cover these deficits. By 2020, we will need more than one in five. By 2030, we will need about one in three.

http://hosted.ap.org/dynamic/stories/U/US_1976_KILLING_DNA?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2015-08-13-22-03-44

Aug 14, 1:53 AM EDT

JUDGE TOSSES MURDER CONVICTION OF MAN IN PRISON FOR 34 YEARS
BY JOE MANDAK
ASSOCIATED PRESS

*** begin quote ***

PITTSBURGH (AP) — A man who spent 34 years in prison for the rape and shooting death of a teenage girl was released from prison Thursday after a judge vacated his murder conviction, citing new DNA evidence.

Lewis Fogle, 63, was freed on bond because he remains charged and could be retried by District Attorney Patrick Dougherty, who filed the joint motion to vacate the conviction with the New York-based Innocence Project.

“We are incredibly grateful to District Attorney Patrick Dougherty for working with us to conduct the DNA testing and for acknowledging that Mr. Fogle’s conviction should be set aside,” said David Loftis, managing attorney for the Innocence Project.

*** end quote ***

Sorry, but this is why I oppose the death penalty.

And, “our” “system of justice” is flawed.

There must simply be a better way.

It’s a real knock on Gooferment and whatever happened to “better 100 guilty men go free than 1 innocent man go to jail”?

# – # – # – # – # 

http://abcnews.go.com/US/million-gallons-contaminated-water-turns-river-orange-colorado/story?id=32989366

Three Million Gallons of Contaminated Water Turns River Orange in Colorado
Aug 10, 2015, 10:22 AM ET
By KAYLEE HECK via GOOD MORNING AMERICA

*** begin quote ***

A team of workers with the Environmental Protection Agency accidentally released 3 million gallons of waste water from the Gold King Mine in Silverton, Colorado, on Aug. 5, the agency said. It was initially estimated to be a third of that size at one million gallons, the EPA said.

*** end quote ***

Laugh! Sadly shaking my head.

I get a lot of flak from folks about my continued assertions that the Gooferment is immoral, ineffective, and inefficient!

Here’s a classic example.

I wonder who’s responsible for the damages?

Guess it’s the taxpayer.

Wonder how whoever owned this mine, and those who profited from it, were allowed to escape liability?

Argh!

# – # – # – # – # 

http://www.dailymail.co.uk/news/article-3190363/NYC-fired-dead-worker-Geoffrey-Toliver-missed-18-months-work.html

New York City bureaucrats fire government worker who died of cancer a year ago – for missing work
Medicaid eligibility specialist Geoffrey Toliver, 65, died in December 2014, 11 months after he had to stop work due to his illness
But the city’s Human Resources Administration moved to fire him this year
A judge approved the sacking when he did not turn up to the hearing
The father-of-three was earning $38,000 per year at the time of his death 
By EVAN BLEIER FOR DAILYMAIL.COM
PUBLISHED: 09:34 EST, 8 August 2015 | UPDATED: 11:26 EST, 8 August 2015

# – # – #

The Gooferment is immoral, ineffective, and inefficient.

Here’s a classic example.

I assume that he had direct deposit!

Argh!

Requiescat In Pacem, Geoffrey Toliver.

You’ve pointed out what is wrong with the system.

# – # – # – # – # 

http://news.slashdot.org/story/15/08/02/1831240/dod-ditches-open-source-medical-records-system-in-43b-contract

DoD Ditches Open Source Medical Records System In $4.3B Contract

*** begin quote ***

The US Department of Defense opted not to use the Department of Veterans Affairs’ open source VistA electronic health record system in its project to overhaul its legacy systems, instead opting for a consortium of Cerner, Leidos and Accenture. The initial $4.3 billion implementation is expected to be the first part of a $9 billion dollar project. The Under Secretary for Acquisition stated they wanted a system with minimum modifications and interoperability with private sector systems, though much of what passes for inter-vendor operability in the marketplace is more aspirational than operable. The DoD aims to start implementation at 8 sites in the Pacific Northwest by the end of 2016, noting that “legacy systems are eating us alive in terms of support and maintenance,” consuming 95% of the Military Health Systems IT budget.

*** end quote ***

The Gooferment is immoral, ineffective, and inefficient.

And, ignoring that VA has an open source solution is even more so!

Argh!

# – # – # – # – # 

https://www.lewrockwell.com/2015/08/doug-casey/destruction-of-world-moral-values/

Doug Casey on the Real FIFA Scandal
By Doug Casey
Doug Casey’s International Man
August 1, 2015

*** begin quote ***

Recently, high-ranking officials at FIFA, the world’s governing soccer (aka “football”) body, were charged with corruption and fraud. The US’s Federal Bureau of Investigation (FBI) is deeply involved in the case. Doug Casey weighs in on the real scandal… the one you’re not reading in mass media.

The truth be known, I really don’t give a damn about soccer. Nor do most Americans.

*** and ***

Second, and much more important, it’s really none of our business. Despite the fact that the FBI has taken it upon itself to prosecute at least 14 FIFA officials for corruption.

Why is it none of our business? Because FIFA is a Swiss association that’s been around over 100 years. All of its officers and directors are non-US persons. And about 99% of its players, officials, and spectators are non-American.

But that doesn’t matter. The FBI has decided to prosecute FIFA’s officials for corruption, and is successfully moving to have them all extradited to the US for trial.

Were FIFA officials treating themselves to huge salaries and expense accounts, and paying and receiving millions to decide where the World Cup should be played? Of course. Is that corrupt? We have to first define “corruption.” I devote a lot of thought to the subject here, and suspect you’ll find it of interest. But, essentially, corruption is about a betrayal of a fiduciary trust. In simple terms, it’s sticking your hand in a till that you’re supposed to guard for the interest of someone else.

*** end quote ***

A very fundamental observation about “jurisdiction”.

The Gooferment has to rush ahead of the “headlines” to get in front so it pretends to be leading.

What has the FBI done about Planned Parenthood and the baby parts scandal?

Nothing because that is “politically inconvenient”.

MYOB (Mind Your Own Business)! 

It’s a great principle.

Maybe not up there with the Non-Aggression principle, the Law of Gravity, or even the Law of Supply and Demand, but up there on my list.

I think the world would be a much better place if more folks adopted it.

# – # – # – # – # 

https://www.lewrockwell.com/2015/07/gary-north/take-a-federal-nickle-get-the-federal-noose/

S-1177: Common Core Will Be Imposed on Private Schools That Get Fed Funds
By Gary North
The Tea Party Economist
July 20, 2015

*** begin quote ***

Senate bill 1177 is a bipartisan measure to federalize education, all in the name of preserving local control.

It will be imposed on charter schools and all private schools that accept a nickel of aid.

As I said 30 years ago, “If you take the government’s nickel, you also take its noose.”

*** end quote ***

This is the last thing that “We, The Sheeple” should permit.

There is no Constitutional authorization for this centralization.

Where in the enumerated powers is it?

Argh!

“Inasmuch as the Constitution was never signed, nor agreed to, by anybody, as a contract, and therefore never bound anybody, and is now binding upon nobody; and is, moreover, such an one as no people can ever hereafter be expected to consent to, except as they may be forced to do so at the point of the bayonet, it is perhaps of no importance what its true legal meaning, as a contract, is. Nevertheless, the writer thinks it proper to say that, in his opinion, the Constitution is no such instrument as it has generally been assumed to be; but that by false interpretations, and naked usurpations, the government has been made in practice a very widely, and almost wholly, different thing from what the Constitution itself purports to authorize. He has heretofore written much, and could write much more, to prove that such is the truth. But whether the Constitution really be one thing, or another, this much is certain – that it has either authorized such a government as we have had, or has been powerless to prevent it. In either case, it is unfit to exist.” Lysander Spooner (1808-1887), No Treason (1870) http://praxeology.net/LS-NT-6.htm#no.6 

# – # – # – # – #