INTERESTING: Gooferment Skrules Daze antidote = devour libraries

Friday, August 21, 2015

http://ncc-1776.org/tle2015/tle834-20150816-03.html

School Daze, or An Unoriginal Title for New Ideas by A.X. Perez perez180ehs@hotmail.com  
Attribute to L. Neil Smith’s The Libertarian Enterprise

*** begin quote ***

With the school year beginning many of us will be returning to public schools or other “learning institutions” that must meet state standards or sending our kids to the same.

Remember the following: School is only a starting place for education. Devour libraries and ransack the net. They only got you for seven hours, that gives you eight for damage control.

*** end quote ***

I like that advice.

I learned more from my own reading than I ever did in school.

Hope others can pass this advice along.

# – # – # – # – # 

Leave a Comment » | INTERESTING | Permalink
Posted by reinkefj

INSPIRATIONAL: Rewire your brain to avoid decline

Thursday, August 20, 2015

http://www.telegraph.co.uk/news/health/news/11803682/Sian-Williams-how-to-rewire-your-brain-to-avoid-decline.html

HOME»NEWS»HEALTH»HEALTH NEWS
Sian Williams: how to rewire your brain to avoid decline
The former BBC News presenter Sian Williams explores new research showing that simple lifestyle changes can help reverse mental decline

By Sian Williams
3:00PM BST 15 Aug 2015

*** begin quote ***

I learn a lot from being with Scilla and meeting all these other brilliant minds, coming up with ways to protect ours. Dementia will affect one in three of us over 65. That’s frightening, but being acutely stressed about it will only make our cognitive function worse.

Scilla takes time to relax, sleep well, walk and see friends – as good a way as any of, not just protecting our brains, but getting on with life.

*** end quote ***

⅓!

Wow, that’s not “good news”.

The good news is that there are some evidenced-based tactics to avoid it.

Hope so. 

I’ve seen the “nursing homes” and that’s not living.

# – # – # – # – # 

Leave a Comment » | INSPIRATIONAL | Permalink
Posted by reinkefj

GOVEROTRAGEOUS: One Gooferment Skrule’s ridiculous plan

Wednesday, August 19, 2015

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!

# – # – # – # – # 

Leave a Comment » | GOVEROTRAGEOUS | Permalink
Posted by reinkefj

GOVEROTRAGEOUS: $72 Trillion And Counting

Tuesday, August 18, 2015

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
That’s should get everyone’s attention?
 
# – # – # – # – # 


Stockman’s Corner

STOCKMAN’S CORNER

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

by  • August 15, 2015

fredgraph

Read on→

Print Friendly

STOCKMAN’S CORNER

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

by  • August 13, 2015

TSLA FCF_0

  … 

Read on→

Print Friendly

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

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

by  • August 13, 2015

Real Output Per Hour - Click to enlarge

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→

Print Friendly

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  • 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→

Print Friendly

PATER TENEBRARUM,STOCKMAN’S BEST OF THE WEEK

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

by  • August 12, 2015

1-Hours-worked-per-year-1024x540

  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→

Print Friendly

Stockman’s Corner Media

AUDIO AND VIDEO, STOCKMAN’S BEST OF THE WEEK

Reagan OMB Head: Fed Fueling Ill-Gotten Gains

by  • January 30, 2015

Read on→

Print Friendly

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  • 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→

Print Friendly

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

David Stockman Interview: The Case For Super Glass-Steagall

by  • December 21, 2014

Read on→

Print Friendly

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  • 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→

Print Friendly

Top Posts & Pages

Monthly Archives

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

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

by  • August 11, 2015

Tweet about this on TwitterShare on FacebookShare on LinkedInPrint this pageEmail this to someone

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.

Leave a Comment » | GOVEROTRAGEOUS | Permalink
Posted by reinkefj

MONEY: A good used car is as good as gold?

Monday, August 17, 2015

http://ericpetersautos.com/2015/08/13/buy-gold-buy-a-used-car-instead/#comment-634721

Buy Gold? Buy A Used Car Instead!
by eric • August 13, 2015

*** begin quote ***

Gold may not have the high rate of return that the casino called Wall Street offers … to insiders. But it is a really good way to store value – and that accounts for its popularity among people who may not get rich quick but tend to avoid becoming poor.

Used cars are another great way to transmute depreciating paper money into a durable asset that – like gold – is portable and fungible (i.e., easily converted into other things of value).

The government has inadvertently created a bull market for them, too. 

*** end quote ***

Unfortunately, I didn’t pay attention when my grandfather would fix what ever particular “$50″ wreck I was driving that week.

In the past, my strategy was to buy new on a three year loan and keep “paying” myself until it died. Eventually, I could pay cash for cars. Seemed to work for me.

Last car, with “zero down and zero interest”, my financial advisor convinced me to take the free money and leave the cash in my portfolio. I’ll drive it until the wheels fall off which means it should last about 9 years.

What I’ll do then I have no idea. What the economic climate will be I have no idea. But I’ll adapt since it’s obvious that the “only constant is change”.

For anyone who’s got some mechanical ability, old cars / trucks that you can still work on seems to be a profitabe niche.

When I drive to and from the Jersey shore, I see veritable series of “one car used car lot” (i.e., each house  along the way with one, or maybe two, used cars for sale). As the season progresses, more “projects” roll out for sale. The peak is around “back to school season” when the sports cars seem to dominate the “lots”.

The USA has become the throw away consumer economy at its own peril. Perhaps this is the renaissance?

I think this is more a reflection on the value of Federal Reserve Notes and the bad behavior that it has “trained” the shepple to engage in.

Argh!

# – # – # – # – # 

 

Leave a Comment » | MONEY | Permalink
Posted by reinkefj

GOVEROTRAGEOUS: 34 years in prison!

Sunday, August 16, 2015

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”?

# – # – # – # – # 

Leave a Comment » | GOVEROTRAGEOUS | Permalink
Posted by reinkefj

TINFOILHAT: Appearances may implicate Saudi government in 9/11

Saturday, August 15, 2015

http://www.dailymail.co.uk/news/article-3192114/Federal-lawsuit-reveal-evidence-Saudi-complicity-9-11.html

Federal lawsuit could reveal contents of 28 pages omitted from 9/11 report that allegedly implicate Saudi government

  • A congressional intelligence report had the explosive pages redacted
  • The two men who authored them are likely to be called to appear in court
  • The lawsuit has been brought by victims’ families against Saudi kingdom
  • Suit claims links between two hijackers and former Saudi figures in US

By TIM MACFARLAN FOR MAILONLINE
PUBLISHED: 05:15 EST, 10 August 2015 | UPDATED: 08:13 EST, 10 August 2015

*** begin quote ***

A federal lawsuit could reveal details implicating the Saudi government in 9/11.

A congressional intelligence report contains 28 censored pages reportedly linking Saudi officials to two of the Saudi hijackers.

The Obama administration refuses to publish the pages, despite requests from Democrats and Republicans in Congress.

*** end quote ***

What’s in those 28 pages?

Why won’t BHO44 release them?

And, why do I have to read about this in a UK news source?

The Saudis don’t want their crazies upsetting the royal applecart. So let them hit the Great Satan instead.

BHO44 is a best a Muslim sympathizer; at worst, a Muslim “plant”.

Because the American leftist media is “in the bag” for the D’s.

Argh!

# – # – # – # – # 

Leave a Comment » | TINFOILHAT | Tagged: | Permalink
Posted by reinkefj

GOLDBUG: What do you have that can’t be “inflated” away?

Friday, August 14, 2015

https://www.lewrockwell.com/2015/08/pater-tenebrarum/the-asset-the-state-loves-to-hate/

Gold and the Grave Dancers
By Pater Tenebrarum
Acting Man
August 3, 2015

*** begin quote ***

Greenspan:

In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold. If everyone decided, for example, to convert all his bank deposits to silver or copper or any other good, and thereafter declined to accept checks as payment for goods, bank deposits would lose their purchasing power and government-created bank credit would be worthless as a claim on goods. The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves.

This is the shabby secret of the welfare statists’ tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists’ antagonism toward the gold standard.”

*** end quote ***

Gold is the poor man’s friend. The “Sovereign” (i.e., the Federal Reserve System counterfeiters, Congress debt and deficits,the politicians, bureaucrats) can’t fool you out of it. 

FDR “recalled” it. And the American Sheeple of the day obeyed. Argh!

Gold may fluctuate up and down when priced in fiat (i.e., it’s valuable because the Gooferment says it is) currency. 

But “we” all know that because it’s scarce, it’s valuable. 

And, like a work of art, beachfront property, land, and such tangibles, the Gooferment can’t print any more of it.

That’s why I’m a Gold bug. 

What do you have that can’t be “inflated” away?

# – # – # – # – # 

Leave a Comment » | GOLDBUG | Permalink
Posted by reinkefj

GOVEROTRAGEOUS: EPA and the Gold King Mine

Thursday, August 13, 2015

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!

# – # – # – # – # 

Leave a Comment » | GOVEROTRAGEOUS | Permalink
Posted by reinkefj

RANT: Saving Drowning Daughter would violate “honor”?

Wednesday, August 12, 2015

http://www.theblaze.com/stories/2015/08/10/dubai-police-say-man-stopped-lifeguards-from-saving-drowning-daughter-because-he-didnt-want-her-honor-violated/

Dubai Police Say Man Stopped Lifeguards From Saving Drowning Daughter Because He Didn’t Want Her Honor Violated
Aug. 10, 2015 2:03am Sharona Schwartz

*** begin quote ***

A father reportedly allowed his 20-year-old daughter to drown to death because he was concerned about her being touched by men outside her family, according to a Dubai news site.

Quoting a top police official, Emirates 24/77 reported Sunday that the man got in the way of lifeguard rescue attempts on a Dubai beach in order to prevent her modesty from being violated.

“The father was a tall and strong man. He started pulling and preventing the rescue men and got violent with them. He told them that he prefers his daughter being dead than being touched by a strange man,” Lt. Col Ahmed Burqibah, deputy director of the Dubai police’s Search and Rescue Department, told Emirates 24/7.

“She died unfortunately, at a time when she had a chance to live, especially that the rescue men were so close to her to pull her out of the water,” he said.

*** end quote ***

Guess they should have “rescue women”?

Personally, I am amazed at the attitude towards women.

These are not “delicate flowers” that will be ruined by a mere touch.

These are living breathing powerful people capable of “creating” life.

If I had a child, I wouldn’t let any religious notion prevent me from keeping my child alive. Even at risk or certainty of my dying.

From an economic pov, it’s really good that ⅔ of the world keep women and minorities “in their place”. Imagine how much wealth could be created if they were free to create in a truly free capitalist system.

Argh!

Requiescat In Pacem, poor girl. You were the victim of stupidity and ignorence. Not much can be done about that.

Argh squared!

Life’s tough enough as it is without adding to the difficulties.

# – # – # – # – # 

 

Leave a Comment » | Ranting | Permalink
Posted by reinkefj

« Previous Entries
Next Entries »