ECONOMICS: The FED is very political and left-leaning

Thursday, January 28, 2016

https://www.lewrockwell.com/2016/01/no_author/fed-pricks-bubble/

Market Tanking After Fed Pricked Their Own Bubble
By Samuel Bryan 
SchiffGold.com
January 26, 2016

*** begin quote ***

“I think [Yellen] wants to elect Hillary Clinton. She doesn’t want to hand the White House over to Republicans or Donald Trump. I think she doesn’t want to have happen to Hillary what happened to John McCain. When the wheels came off the bus in the last year of the Bush administration, a Republican had no chance. Obama’s whole claim to fame is that he inherited a disaster and now everything is great. The truth is he inherited a disaster and now it’s a bigger disaster…

*** end quote ***

It’s a shame because if we had a “true told standard”, the politicians could not mess with the “money” or the interest rate.

The boom ’n’ bust cycle is caused by the mistakes (what the Austrian School of Economics calls “malinvestment”) of entrepreneurs, investors, and corporate executives. Look at the empty cities that the Chinese have built for bad decisions.

When an entrepreneur, using his own capital, makes a bad decision, they bear the damage.

When the politicians and bureaucrats make a bad decision, it’s the taxpayers and Joe-Sixpack who are hurt.

Look at TARP which was passed to by distressed mortgages and allow Joe-Sixpack to stay in his home and work it out. Instead, it “magically” was transformed into a bailout for Wall Street and the Big Banks. They paid out big bonuses to their executives and, together with those executive, made big contributions to the politicians, their PACs, and their parties — both of them!

Argh! And, you wonder why I am cynical about all of them?

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RANT: Wow, truth-tellers get in trouble and the babies parts sellers off scott free

Wednesday, January 27, 2016

http://www.foxnews.com/us/2016/01/25/grand-jury-indicts-leader-behind-planned-parenthood-videos.html?intcmp=hpbt1

Grand jury in Texas indicts activists behind Planned Parenthood videos
Published January 25, 2016  
FoxNews.com

*** begin quote ***

“It is a sad day in America when those who harvest the body parts of aborted babies escape consequences for their actions, while the courageous truth-tellers who expose their misdeeds are handed down a politically motivated indictment instead,” she said. 

*** end quote ***

I’m speechless.

There is no justice!

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POLITICAL: The politicians and bureaucrats will always get outmaneuvered

Tuesday, January 26, 2016

http://www.bloomberg.com/news/articles/2016-01-25/wal-mart-it-came-it-conquered-now-it-s-packing-up-and-leaving

Wal-Mart: It Came, It Conquered, Now It’s Packing Up and Leaving 
Shannon Pettypiece 
January 25, 2016 — 5:00 AM EST

*** begin quote ***

The Town’n Country grocery in Oriental, North Carolina, a local fixture for 44 years, closed its doors in October after a Wal-Mart store opened for business. Now, three months later — and less than two years after Wal-Mart arrived — the retail giant is pulling up stakes, leaving the community with no grocery store and no pharmacy.

*** and ***

“I was devastated when I found out. We had a pharmacy and a perfectly satisfactory grocery store. Maybe Wal-Mart sold apples for a nickel less,” said Barb Venturi, mayor pro tem for Oriental, with a population of about 900. “If you take into account what no longer having a grocery store does to property values here, it is a significant impact for us.”

*** end quote ***

I guess they should have made the building permit conditional on a time guaranty?

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“I was devastated when I found out. We had a pharmacy and a perfectly satisfactory grocery store. Maybe Wal-Mart sold apples for a nickel less,” said Barb Venturi, mayor pro tem for Oriental, with a population of about 900. “If you take into account what no longer having a grocery store does to property values here, it is a significant impact for us.”

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Posted by reinkefj

RANT: I must be getting old

Saturday, January 23, 2016

I’ve hunkered down due to the snow.

In my younger days, I’d be out and about.

I think these politicians are really obnoxious. “Travel bans”! It’s like they think they are Kings!

Argh!

It’s snow. If you go out and get stuck, that’s your problem.

All this does is empower the Nanny State to convince us that we are too stupid to take care of ourselves and make decisions about what we need to do and what risks we will take to get those important things done.

Argh!

*****

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RANT: NFL conspiracy?

Friday, January 22, 2016

http://nypost.com/2016/01/21/the-nfl-conspiracy-theory-freaking-out-patriots-fans/

The NFL conspiracy theory freaking out Patriots fans
By Jonathan Lehman January 21, 2016 | 11:11am

*** begin quote ***

That fear picked up some fodder when the Boston Herald pointed out the Broncos are undefeated in games refereed by Hochuli. What’s more: The Patriots, despite their off-the-charts winning percentage this decade, are 3-4 in Hochuli games since 2010, and he was the ref who threw a crucial offensive pass interference flag against Rob Gronkowski in the Week 10 nail-biter against the Giants.

*** end quote ***

Never bet on anything that talks and never doubt that EVERYTHING is fixed.

I bet the NFL brass would love to stick it to the PATS.

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INOVATION: Khan Academy is killing Gooferment Skrules

Thursday, January 21, 2016

http://www.garynorth.com/public/14715.cfm

We Have Passed the Tipping Point for American Liberalism
Gary North – January 11, 2016

*** begin quote ***

Then I got to thinking about the Khan Academy. In recent months, it has stated that it has over 26 million enrolled students. This is in 190 countries. So, I went to Alexa.com to see what percentage of the site’s traffic is from the United States. It is approximately 50%. Inside the United States, the site is ranked number 522. This is incredibly high.

I realize that some of their students are in public school settings. But I don’t think many of them are. A few selected schools use the Khan Academy. I am convinced the overwhelming majority of these enrolled students are homeschoolers.

*** and ***

I’m not saying that we are winning this ideologically. I am saying that we are winning it institutionally and administratively.

The institutions are moving towards decentralization. This is anathema to the welfare-warfare statists. They are literally losing control, even if Salman Khan is not radically challenging the content of humanistic education. He is certainly no radical. He is a graduate of the Harvard Business School. His outlook and his teaching methods are going to shape the minds of tens of millions of students around the world. More important, they are going to shape the learning environments of these students. He is pulling them out of state-run classrooms.

The children who are coming up through the Khan Academy today go at their own pace. Nobody tells them what to do and when to do it. They take exams, and if they pass the exams, they go on to the next level. There is no one nagging them. There is no one telling them that class is over because a bell has rung. They are not being regimented.

*** end quote ***

Remember the purpose of the Prussian education model: cannon fodder for the Army, willing morons for the factories, and useful idiots to vote for and be led by the elite!

I hope that the author is correct.

It can’t happen fast enough to get this country back on track.

Separation of Education and State will go a long way to restoring the American vigor.

Argh!

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POLITICAL: Petty tyrants exist at the local level too

Wednesday, January 20, 2016

http://patch.com/new-jersey/southbrunswick/taco-bell-nixed-south-brunswick-zoning-board

Taco Bell Nixed By South Brunswick Zoning Board
Adios, Taco Bell. A diner and a White Castle will be coming soon near Rt. 1 North at New Road, however.
South Brunswick, NJ
By CARLY BALDWIN (Patch Staff) January 15, 2016 2:31 pm ET 

*** begin quote ***

South Brunswick, NJ – You’ll have to drive elsewhere if you want some Taco Bell.

The South Brunswick Zoning Board rejected a proposal to build a Taco Bell on Rt. 1 North at New Road. The board shot down the proposal in a 5-2 vote Thursday night, according to TAPInto.

Neighbors of the lot would be negatively affected by a Taco Bell, board members said.

*** and ***

“(The lot) is not big enough (for another type of restaurant),” he said, according to TapInto. “We have to think about what we are going to put there (if not Taco Bell).”

*** end quote ***

Sorry, but this is wrong.

The South Brunswick Zoning Board should not be in the business of picking winners and losers.

If some one is will to gamble their money putting it there, then who are these bureaucrats to say that they can’t?

Argh!

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RANT: The Gooferment entraps some poor fools who can’t figure out how to buy a plane ticket without help?

Tuesday, January 19, 2016

http://www.foxnews.com/us/2016/01/17/two-virginia-men-arrested-on-terror-charges.html?intcmp=hplnws

CONSPIRACIES – PLOTST
wo Virginia men arrested on terror charges
Published January 17, 2016  Associated Press

*** begin quote ***

According to court documents filed in the case, Farrokh asked for help getting to Syria from a person who he didn’t know was an informant for the FBI. He later met with two other FBI informants he believed were people who could help him join the Islamic State group. Court documents say Farrokh expressed concerns about trusting the men and said he didn’t want to go to jail. At one meeting with them, however, he agreed to swear an oath of allegiance, court documents said. He also allegedly said that he wanted to die a martyr but did ask if his wife and family could eventually join him in Syria. He said he had other ways to get to Syria in the past that weren’t secure and needed a connection because he didn’t want to get arrested.

*** end quote ***

Why is there always some Gooferment help for these fools to fall into a trap?

Entrapment?

Makes me wonder.

IF these guys couldn’t figure out how to buy a plane ticket, THEN how dangerous could they be?

Better they are over there, than staying here.

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RANT: Why are their “mobile homes” in the first place?

Monday, January 18, 2016

http://www.foxnews.com/us/2016/01/17/2-dead-several-injured-as-storms-rip-through-florida.html?intcmp=hpbt4

2 dead, several injured as storms rip through Florida
Published January 17, 2016  FoxNews.com

*** begin quote ***

Florida officials say two adults have been killed and four children have been seriously injured after two suspected tornadoes swept through central Florida early Sunday.

The dead and injured were all members of the same family and living in a mobile home in Duette, Fla., near Tampa.

*** end quote ***

One would think that “we” could build “mobile homes” that could keep folks safe. Or why do “we” permit them at all?

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INTERESTING: Walmart snookered the DC Gooferment

Sunday, January 17, 2016

https://www.washingtonpost.com/local/dc-politics/district-leaders-furious-walmart-wont-build-stores-in-poor-neighborhoods/2016/01/15/3425f5fa-bbb3-11e5-99f3-184bc379b12d_story.html

District leaders furious Walmart breaking promise to build stores in poor neighborhoods

By Aaron C. Davis and Sarah Halzack January 15 at 8:41 PM   

*** begin quote ***

Walmart abruptly announced Friday that it was abandoning a promise to build stores in Washington’s poorest neighborhoods, an agreement that had been key to the deal allowing the retailer to begin operating in the nation’s capital.

*** end quote ***

Simple answer is why didn’t you insist that the poor neighborhood stores be build first?

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District leaders furious Walmart breaking promise to build stores in poor neighborhoods

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