ECONOMICS: Social Security “Insurance” Bankrupt

Sunday, July 3, 2016

http://www.economicpolicyjournal.com/2016/06/scathing-new-report-shows-just-how.html

WEDNESDAY, JUNE 29, 2016
Scathing New Report Shows Just How Bankrupt Social Security Really Is
By Simon Black

*** begin quote ***

Last week, a group of analysts published an astonishing report about the future of Social Security in the United States, and their remarks were nothing short of damning.

According to their calculations, for example, these analysts claim that Social Security is already running a huge deficit to the tune of tens of billions of dollars each year.

In fact, this Social Security funding deficit has been taking place for several years now, and it’s actually accelerating. So the problem worsens each year.

*** and ***

Don’t get me wrong– I don’t mean “fix Social Security”. Oh no. That program is toast.

I’m talking about fixing this for yourself.

Retirement is one of those life events that is completely predictable. We know it’s going to happen.

And with a little bit of education, planning, discipline, and execution, we can vastly influence the outcome and prevent any major catastrophe from interfering with our goals.

You can dramatically boost your own nest egg, for example, and have much greater say over your retirement assets by setting up a structure like a solo 401(k) or a self-directed IRA.

It also makes sense to invest in your financial education; learning more about investing will clearly be beneficial in boosting your returns, and this can have a profound effect over time.

Especially if you’re younger, increasing your average return by just 1% over the course of 20-40 years can add up to hundreds of thousands of dollars in additional retirement savings.

You may also want to consider retiring abroad where you can live the lifestyle you’ve always wanted at a fraction of the price, and substantially stretch the time and value of your retirement savings.

Look, I’m convinced that Social Security will become a national emergency some day. Just remember that since its demise is conspicuously predictable, the impact on your life is completely preventable.

*** end quote ***

Social Security Insurance is like a Ponzi scheme.

At least the Ponzi victims made a free choice to “invest” in the scheme.

Every “worker” today has no choice but to accept an “investment” with an estimated negative return of between of 2 and 15%.

Further it’s a wealth transfer from poor minority men to rich white women.

So, why do we still have this racist scam.

Set people free to save for their own retirement.

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GOVEROTRAGEOUS: The “civilian” Gooferment has more troops than the USMC!

Saturday, July 2, 2016

http://www.jasonstapleton.com/british-exit-not-a-done-deal/

British Exit Not a Done Deal
By Jason Stapleton –  Jun 24, 2016 673

*** begin quote ***

Markets are in an uproar today after the UK voted to leave the EU. But has anyone bothered to look at what happens next? I think a lot of people believe that a British separation from the EU is inevitable, even imminent but nothing could be further from the truth.

By my estimation, it’s going to take at least two and a half years for the UK to make it’s transition and that’s assuming there are no political shenanigans that come up. Considering that a mere 2% separated the winners from the losers, it would not be at all unlikely to see some MP’s step up to block the referendum from being implemented.

What you need to understand is that we are years away from any change coming to the trading relationship between the UK and EU, and a lot can happen between now and then.

From the EU discussion, we’ll move to guns where I’ll play some interesting comments from Charlie Rangel, who apparently believes he deserves to be protected by guns while you should be forced to fend for yourself.

*** end quote ***

Obviously, BREXIT, if not sabotaged by the effete elite, will take several years to unwind.

Hopefully, it will spur a bunch of mini —EXITs. 

I hope New Hampshire is one, but I think Texas needs to lead and be first. (Although, imho, North Dakota with the fracking oil and the only State Bank — the Bank of North Dakota — is the best prepared to EXIT since it doesn’t need the “services” of the Federal Reserve.)

ALSO

Jason excoriates Rangel with his snide laugh at the stupid “law abiding people”. (Made my blood boil!)

ALSO

Jason points out that the “civilian” Gooferment has more troops than the USMC! WTH!!!

Department of Education has SWAT teams? Why?

EPA, IRS, NOAA, FDA … … why?

Argh!

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SECURITY: TDAMERITRADE delayed reaction

Friday, July 1, 2016

2016-Jul-01

 
Dear Valued Client, 

The security of client information is a top priority for us. As part of routine monitoring, we have learned that client email addresses and passwords from a breach at LinkedIn® were compromised and recently published online. While the breach is not TD Ameritrade-related, we believe that the User ID on your TD Ameritrade Institutional account matches an email address from that breach. 

As a precaution, we have expired the password on your TD Ameritrade Institutional account. We know that many people reuse the same passwords on multiple websites, so it is important that we take this proactive step.* 

You will need to log in to your TD Ameritrade Institutional account to change your password. Please be sure that the new password you create is different from your previous one. 

If you have trouble accessing your account, or if you have any questions, please contact your Advisor or call TD Ameritrade Institutional at 800-431-3500 option 2. 

Sincerely,

John Tovar 
John V. Tovar 
Managing Director, Brokerage Services

 

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Argh!

So because they have Clients that are boobs, I have to be inconvenienced?

And, I hate to tell them the LinkedIn breech was a LONG time ago.

I guess they had to figure out how to expire all the old passwords OR they just heard about it.

Argh!

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EVLYNN: Today is her birthday

Friday, July 1, 2016

2016-Jul-01

Our Girl would have been 69 today.

Seems like yesterday.

Makes me so sad.

Requiescat In Pacem

I’ll be there soon.

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POLITICAL: Ann McLane Kuster maybe “listening”, but I’m unimpressed

Thursday, June 30, 2016
June 27, 2016
 
Dear Mr. Reinke,

Thank you for reaching out to me with your views regarding Selective Service, more commonly known as the military draft.  Listening to my constituents is a fundamental part of my job as it helps me to best represent you and New Hampshire’s priorities in Congress.

The men and women who serve our country deserve our utmost respect and recognition, regardless of their gender.  Today, women are taking on more responsibilities in our Armed Forces than ever before, from assuming new combat roles to reaching new heights in military leadership.  I support recent reforms allowing women to serve in new military combat roles, because all Americans should share in the responsibility of protecting our freedom and preserving our way of life. 

As you may know, Selective Service was originally enacted in 1917 as a response to World War I.  It has existed in various forms since that time, with today’s version, enacted in 1980, requiring all males to register for potential military service in the case of an emergency.  An amendment to the FY 2017 National Defense Authorization Act(NDAA), approved during House Armed Services Committee markup, would also require women to register.  As your Representative, please know that I will keep your thoughtful views in mind if I have the opportunity to vote on legislation concerning the Selective Service. 

Thank you again for sharing your thoughts with me.  I strive to maintain an open dialogue with the people of New Hampshire about issues important to our district.  If you have any further questions or concerns, please feel free to contact my Concord office at (603) 226-1002 or my Washington, DC office at (202) 225-5206.  I also encourage you to sign up for my e-newsletter at http://Kuster.house.gov/contact/newsletter, visit my website at http://Kuster.house.gov, follow me on Twitter at @RepAnnieKuster, or check out my Facebook page at http://www.facebook.com/CongresswomanAnnieKuster. 

 
Sincerely, 
 
Ann McLane Kuster
Member of Congress

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Argh!

So, the question is how will she vote. Or push for vote at all.

“Selective Service” is an idea whose time has past! Like NATO! Or all the other big Gooferment programs.

Argh!

Never will be ever to get rid of any of these programs.

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LIBERTARIAN: Don’t you wish we were “Free to Choose”

Wednesday, June 29, 2016

http://www.missliberty.com/free-to-choose-1980-1991/

Free to Choose (1980 & 1991)
THEMES » ECON 101, LIBERTARIAN HEROES, LIBERTARIANISM 101, PRO-CAPITALISM

*** begin quote ***

6. Free to Choose (1980)

Free to Choose (1980) Part 6: What’s Wrong With Our SchoolsFree to Choose brought the subject of free markets into America’s living rooms, and was seen by millions thanks to nationwide airing on PBS. In this series, Friedman guides the viewer through ten documentary-style lectures on the workings of the market and its relation to human liberty. The series made a case for economic freedom so lucid and persuasive that it may even have helped elect Ronald Reagan in 1980, and in any case certainly gave intellectual support and respectability to free market reforms put forward by both Reagan and Thatcher.

Free to Choose remains the single most comprehensive series on economic liberty ever produced, and although now decades old it’s still firing on all pistons and is available free online.  It’s a testament to the power of Friedman’s then-radical proposals — and perhaps this series itself — that some have already been implemented and others have become common subjects for discussion.

*** end quote ***

We need more choices — free choices.

Hope everyone gets to see this video and take it to heart.

The truth will set us all free.

Finally!

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LIBERTARIAN: 23-Cent Gas Tax Hike is just more theft!

Tuesday, June 28, 2016

http://patch.com/new-jersey/southbrunswick/s/fsvdt/breaking-n-j-lawmakers-pass-christie-backed-23-cent-gas-tax-hike-set-to-go-in-effect-friday?utm_source=alert-breakingnews&utm_medium=email&utm_term=politics%20%26%20government&utm_campaign=alert

N.J. Lawmakers Pass Christie-Backed 23-Cent Gas Tax Hike, Set To Take Effect Friday
State lawmakers passed a 23-cent gas tax hike overnight that Gov. Chris Christie is set to sign by Friday. Christie hailed the plan.
Shared from the Lacey, NJ Patch
By Tom Davis (Patch Staff) – June 28, 2016 11:05 am ET

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Argh!

The Pepuls Republic of Nu Jerzee just “stole” more money from the driving public.

And, where did the last “trust fund” go?

Same place the last one went.

A plague on all their houses.

If the voters don’t revolt, then they never will!

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POLITICAL: One of the TARP-sters endorses HRC

Tuesday, June 28, 2016

https://www.lewrockwell.com/2016/06/thomas-dilorenzo/toss-off-gop-goldman-elite/

Most Corrupt Bankster in U.S. Endorses Hillary Clinton
By Thomas DiLorenzo
June 27, 2016

*** begin quote ***

It’s hard to imagine a better endorsement of Donald Trump’s economic policies – whatever they may be, whenever he finds the time to explain them – than the recent endorsement of Hillary Clinton by former Goldman Sachs CEO and U.S. Treasury Secretary Hank Paulson.  As the man in charge of the biggest explosion of corporate welfare in world history – the “TARP” bailouts, he defined himself as a sworn enemy of capitalism and a socialist when it comes to the capital markets.  Socializing billions of dollars in investment bank, insurance company, and automobile industry losses with taxpayer dollars qualifies Paulson as deserving of the S-word label.  As such, Hillary Clinton may well have found a new political and financial soulmate.

*** end quote ***

The fellow who gave us TARP wants to keep the “music” going in this game of musical chairs.

Remember that TARP was originally passed as buying HOMEOWNER’S underwater mortgages and having them repay the Federal Gooferment in accordance with the original or relate terms. At least, that made some sense to keep folks in their homes. Somehow that morphed into a hand out all the Crony Capitalists. 

Argh!

Sorry, but I’m rooting for the rejection of HRC.

Picking Trump is like  choosing the prettiest horse in the glue factory coral.

But, if that’s what it takes to disrupt “the system”, then so be it.

A wise Persian king asked his advisers to bring him something that would make him happy when he was sad and vice versa. They eventually brought the king a ring on which is inscribed “This too shall pass.”

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GOVERNACIDE: Agent Orange and multi-generational effects

Monday, June 27, 2016

https://psmag.com/a-fathers-war-a-son-s-toxic-inheritance-2eb6f511cef0#.sq0mcbynn

Recommended by Medium Staff and 118 others
Pacific Standard
A Father’s War, a Son’s Toxic InheritanceStephen Katz’s estranged father was exposed to Agent Orange in Vietnam. Now the photographer wonders if that caused his own health problems.
By Stephen M. Katz

*** begin quote ***

The package also delivered a warning: A handwritten note attached to a stack of Veterans Affairs medical records. During the war, before I was born, Al had sprayed Agent Orange along riverbanks in Vietnam, often soaking his uniform in the herbicide. The exposure, he wrote, had caused him serious health problems, including a neurological disorder, and he believed it also might have harmed me.

My mind raced as I thought of my own troubled medical history. A heart defect diagnosed at birth. An underactive thyroid. Problems with my nervous and immune systems. More recently, Type 2 diabetes, hypertension, and a nerve disorder that severely limits the use of my right hand.

I’m now 46. A lean 6-foot–2 and 190 pounds. I don’t smoke. I try to eat healthy. But the number of pills I swallow every day would make you think I’m twice that age. As a teenager, I was sick so often, I joked that my healthy brother and I couldn’t be related. He’d been born before the war, before Agent Orange.“There really is nothing that can be done now, as far as I know,” Al had written in 2009, “except be aware of the ravages of A.O.”

What my father didn’t know was that I’d already become familiar with Agent Orange and its consequences.

*** end quote ***

When I read this I shudder at the human casualties caused by this “weapon”.

Talk about “friendly fire” and “collateral damage”.

At the very least, the damage should be assessed.

Argh!

So sad.

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GUNS: Prohibitions versus people’s unwillingness to obey

Sunday, June 26, 2016

https://reason.com/archives/2016/06/21/what-will-gun-controllers-do-when-americ

What Will Gun Controllers Do When Americans Ignore an ‘Assault Weapons’ Ban?
Prohibitions have a long history of stumbling over people’s unwillingness to obey. This time won’t be any different.
J.D. Tuccille | June 21, 2016 

*** begin quote ***

Prohibition was kneecapped by Americans’ widespread refusal to stop producing, selling, and drinking booze. Millions of Americans smoked marijuana decades before majority sentiment creeped toward legalizing the stuff. Gays and lesbians not only surreptitiously lived and loved when they were targeted by the law—they also famously (and righteously) stomped cops who raided the Stonewall Inn, ultimately precipitating liberalization. And restrictions on exporting encryption were eased only after cryptographers illegally exported code—even printing it on T-shirts as an act of civil disobedience.

*** and ***

Molon labe, remember?

So, a United States the morning after, or a year after, or a decade after a successful effort to ban “assault weapons” will not be the scene of the “domestic disarmament” favored by prominent communitarian sociology professor Amitai Etzioni. It will be more like Prohibition-era America, but with hidden rifles substituting for stockpiled hooch and 3D printers standing in for moonshiners’ stills. And probably a bit more tense.

Those defiant gun owners will also be included in the jury pools chosen to sit in judgement of unlucky violators scooped up by law enforcement. That situation will likely replicate the difficulty prosecutors had in getting convictions of Prohibition scofflaws in the 1920s and marijuana law resisters today. “[I]f juries consistently nullify certain types of criminal charges (charges for possession of a small amount of marijuana, for example), this can render an unpopular law ineffective,” wrote John Richards at the LegalMatch blog after a jury couldn’t even be seated in Montana.

“If you pass laws that people have no respect for and they don’t follow them, then you have a real problem,” Connecticut Sen. Tony Guglielmo (R-District 35), told the Hartford Courant when large numbers of state residents flipped the bird to lawmakers and defied the new gun law.

Well… yes, you do. And like their restriction-inclined predecessors, gun controllers will have quite a mess on their hands.

*** end quote ***

Sorry, but it’s going to be very ugly very quickly.

“And how we burned in the camps later, thinking: What would things have been like if every Security operative, when he went out at night to make an arrest, had been uncertain whether he would return alive and had to say good-bye to his family? Or if, during periods of mass arrests, as for example in Leningrad, when they arrested a quarter of the entire city, people had not simply sat there in their lairs, paling with terror at every bang of the downstairs door and at every step on the staircase, but had understood they had nothing left to lose and had boldly set up in the downstairs hall an ambush of half a dozen people with axes, hammers, pokers, or whatever else was at hand? . . .” — Alexander Solzhenitsyn

Just review the “great” genocides that occur after the people are disarmed.

It doesn’t end well.

So if you’re going to be killed, then you might as well go down swinging.

Way too many guns in the hands of ordinary people for them to be disarmed without their cooperation.

Sometimes Hollywood gets things correct. “You cannot invade the mainland United States. There would be a rifle behind every blade of grass.” — apocryphal unsourced quote attributed to Admiral Isoroku Yamamoto

That goes for collecting all those guns!

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