A Guy Hung An Offensive Sign Around His Neck To Make A Solid Point. And … It Worked.

By: admin
Published: April 10th, 2014

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Links 04-09-2014

By: admin
Published: April 9th, 2014

APOCALYPSE NOW: Why a rare astrological event TONIGHT could herald the ‘End of Days’

The first Tetrad since the Middle Ages, in 1493, saw the expulsion of Jews by the Catholic Spanish Inquisition, which rocked western Europe.

The second coincided with the establishment of the State of Israel – after thousands of years of struggle – in 1949.

Strangely, the last one occurred in 1967 – far earlier than expected – precisely at the time of the Six-Day Arab–Israeli War.

A spokesman for NASA said: “This is the first eclipse of the year and is well placed for observers throughout the Western Hemisphere.

“It will occur at the lunar orbit’s ascending node in Virgo.

“This is the first of four consecutive total lunar eclipses in 2014 and 2015 – a series known as a Tetrad.”

Blood moons expert: Watch 2014 and 2015

“Not only are there four blood moons on 4/15/14, 10/8/14, 4/4/15, and 9/28/15, but the added significance is that the total solar eclipse on 3/20/15 is on the biblical calendar of Nisan 1. Nisan 1 begins the religious New Year according to the scriptures,” Biltz explained. “This date was the grand opening of Moses tabernacle in the wilderness. This is the day a great sign came and fire fell to light the burnt offering.

“So here we have a total solar eclipse beginning the religious year followed two weeks later by a total lunar eclipse/blood moon on Passover followed by the next solar eclipse (partial) on Sept 13th which just so happens to be Rosh Hashanah!”

HUMPHRIES: Give members of Congress a million dollars a year - (video after the jump)

Mr. Moran: “The Congress is the board of directors for the largest free economy in the world and the largest economic entity.”

That’s not a “fact” at all Congressman Moron, I’m mean Moran. That’s kooky.  America is not a single company, and Congress is not our board of directors. Not even CLOSE. If they really do think of themselves that way, it might explain why the country is in so much trouble, especially since most politicians couldn’t figure out how to make a profit selling carrots to snowmen.

The “board of directors” of a company would be expected to produce a budget, unlike Congress these days. And it would have to balance. They wouldn’t be able to unload scam products like ObamaCare on their customers.

Also, America isn’t a single economic entity, and thank God for that. We’re filled with thousands of companies, millions of people, who cooperate and compete. The LAST thing we’d ever need is a bunch of directors in Washington trying to manage everything.

But maybe we should take Rep. Moran up on his offer, and start treating Congress like the board of directors for America Inc. How about if we change their pay package so it’s based on the national gross domestic product, the unemployment rate, and the deficit? If they give us a growing economy with low unemployment and a balanced budget, we will give them a sweet bonus. Otherwise, they’ll have to do a lot of belt-tightening — just like we do.

If politicians want to get treated like business tycoons, they should accept the responsibilities of a businessman, too. Responsibilities? That’s no fun. It’s a lot more fun to spend other peoples money to keep your cushy little job, no matter what you’re paid

Survey: US sees sharpest health insurance premium increases in years

The investment bank’s April survey of 148 brokers found that this quarter, the average premium increase for customers renewing an insurance plan is 12 percent in the small group market and 11 percent in the individual market, according to Forbes’ Scott Gottlieb.

The hikes — the largest in the past three years, according to Morgan Stanley’s quarterly reports — are “largely due to changes under the [Affordable Care Act],” analysts concluded. Rates have been growing increasingly fast throughout all of 2013, after a period of drops in 2012

Health Insurance: 14.5 Million to Get Massive Increases 

The latest survey found that states seeing the steepest price increases for off-exchange individual plans include Delaware—where off-exchange plans increased by 100 percent, New Hampshire increased by 90 percent, Indiana by 54 percent, California by 53 percent and Connecticut by 45 percent.

Meanwhile, as Forbes noted, small group market plans increased the most in Washington by 588 percent, Pennsylvania by 66 percent and California by 37 percent.

Meanwhile, premiums for plans purchased on the state and federal exchanges tend to have cheaper premiums than comparable employer-based plans, though they have higher deductibles.

A report released by PwC’s Health Research Institute found that the average cost of premiums sold on the Obamacare exchanges is about $5,844 annually —or 4 percent less than the average cost of $6,119 for an employer-provided plan with comparable benefits.

When Doctors Slam the Doors on the Newly Insured…

As a proud new beneficiary of the Affordable Health Care Act, I’d like to report that I am doctorless. Ninety-six. Ninety-six is the number of soul crushing rejections that greeted me as I attempted to find one. It’s the number of physicians whose secretaries feigned empathy while rehearsing the “I’m so sorry” line before curtly hanging up. You see, when the rush of the formerly uninsured came knocking, doctors in my New Jersey town began closing their doors and promptly telling insurance companies that they had no room for new patients.

Millions of Americans aren’t working. Why?

Call it the million-worker mystery.

A large chunk of American adults are no longer in the labor force. That has left economists divided over how many of them are voluntarily not working—or even looking for work—because they wanted to retire, go to school or take care of family members, versus how many have been forced out because they couldn’t find a job.

“Almost everyone who’s looked rigorously at the numbers thinks both of those things are going on,” said Heidi Shierholz, an economist with the Economic Policy Institute, a left-leaning think tank.

What they can’t agree on is what is more prevalent—leaving the workplace on purpose or getting left out even as the economy improves.

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Links 03-27-2014

By: admin
Published: March 27th, 2014

Electric ‘thinking cap’ speeds learning

Researchers at Vanderbilt University have created a “thinking cap” that electrically stimulates the brain to increase its ability to learn from mistakes.

Subjective symptoms related to GSM radiation from mobile phone base stations: a cross-sectional study

We performed a re-analysis of the data from Navarro et al (2003) in which health symptoms related to microwave exposure from mobile phone base stations (BSs) were explored, including data obtained in a retrospective inquiry about fear of exposure from BSs

Postal service employees use travel cards to gamble, pay bills and go bowling.

Postal employees have spent thousands of taxpayer dollars ongambling, bills and other personal expenses, according to a series of reports by the U.S. Postal Service inspector general.

Federal employees may use government credit cards for official travelexpenses, but some used theirs to withdraw cash before hitting casinos.

Census office survey scandal grows as inflation stats faked

The Census Bureau’s Philadelphia office wasn’t just corrupting the nation’s unemployment rate by fabricating data. It was also filing false information about inflation in this country.

Just how large an effect this fraud was having on the Consumer Price Index (CPI) — and consequently the cost of living adjustments for Social Security recipients and others — is not yet known.

The Real Inflation Fear – US Food Prices Are Up 19% In 2014

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The Case Against This Stock Market - DUH!

BloombergView column written by William D. Cohan summarizes the latest thinking of Seth Klarman, the highly respected hedge-fund manager whose 1991 value-oriented investment book, Margin of Safety, sells on Amazon.com for $1,495 for a used copy.

Writing in his latest investment letter, Klarman, the founder of Boston-based Baupost Group, argues that he sees artificially high prices everywhere he looks in the stock and bond markets.

New, Revolutionary Way To Measure The Economy Is Coming — Believe Me, This Is A Big Deal

Why is Gross Output such a big deal? Because it measures the economy in a far more comprehensive and accurate manner. GDP represents the value of all final products and services. It ignores all the steps that go into the making of these things. It’s sort of like looking at a carton of milk and paying no heed to everything that goes into creating that milk and getting the carton onto the store shelf.

GDP thus gives a distorted picture of the economy. How many times do we read that consumption represents 70% of the economy and therefore it’s important to “stimulate demand” by increasing government spending?

In figuring GDP, government spending is said to represent 20% of the economy, investment a measly 13%. (Incredibly, imports are counted as a negative for the economy and subtract 3% from GDP. Protectionists love this absurdity.)

GO counts all the intermediate steps in the making of products and services. The results are stunning: Consumption is 40% of the economy, not 70%; government outlays are down to 9%; and business spending soars to 50%.

This new statistic will also better reflect the volatility in the ups and downs of economic activity. The 2007–09 recession was deeper than GDP figures reflected, the recovery somewhat better.

Retail Job Growth Illusion: More Workers, Fewer Hours

The Congressional Budget Office’s recent analysis of the Democratic proposal to raise the minimum wage to $10.10 an hour was widely reported to result in a loss of 500,000 jobs.

Yet that estimate didn’t account for the ObamaCare employer mandate. The nonpartisan scorekeeper said that combining a minimum-wage hike with ObamaCare’s employer penalties would likely cause deeper job losses than a wage hike alone.

The IMF Vs. The American People (Again)

What has the American taxpayer received in return for billions of dollars siphoned through the IMF to deadbeat governments? Nothing but ill will from abroad. First, the IMF’s policy of lending millions, or billions, to fiscally mismanaged governments is counterproductive: Such bailouts help to prop up inept and/or corrupt governments. Second, bailouts create moral hazard, inducing private corporations and banks to lend funds to poor credit risks, confident that IMF funds will make them whole. Third, typical IMF rescue packages demand painful readjustments: 1) government spending cuts—e.g., shrinking popular programs, laying off a percentage of government employees, reducing government pensions—that understandably angers those adversely affected; 2) higher taxes in the name of balancing the budget.

How I Learned to Stop Worrying and Love the National Debt

From the Ezra Klein-led media outlet whose goal “isn’t telling you what just happened, or how we feel about what just happened, it’s making sure you understand what just happened,” comes this bit of brilliant ‘splainin’: “Stop freaking out about the debt.” Seriously. Because, as narrator Matthew Yglesias explains in a mind-blowing animated video, “the U.S. government can never run out of dollars. Unlike you, or the company you work for, or the town you live in, the federal government prints dollars.”

Where Is China’s Debt Bomb Hiding?

As of June 30, 2013, total local government debt and contingent liabilities had reached 17.89 trillion yuan (almost $2.9 trillion), up 63 percent from the end of 2010, announced China’s National Audit Office at the end of last year.

Common core madness

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CDC: 1 in 68 U.S. children has autism

One in 68 U.S. children has an autism spectrum disorder (ASD), a 30% increase from 1 in 88 two years ago, according to a new report released Thursday by the Centers for Disease Control and Prevention.

This newest estimate is based on the CDC’s evaluation of health and educational records of all 8-year-old children in 11 states: Alabama, Wisconsin, Colorado, Missouri, Georgia, Arkansas, Arizona, Maryland, North Carolina, Utah and New Jersey.

The incidence of autism ranged from a low of 1 in 175 children in Alabama to a high of 1 in 45 in New Jersey, according to the CDC.

Children with autism continue to be overwhelmingly male. According to the new report, the CDC estimates 1 in 42 boys have autism, 4.5 times as many as girls (1 in 189).

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Accusing Others Of Not Playing By The Rules? But Are You?…

By: admin
Published: March 7th, 2014

So the question is how do we sanction you Mr Obama, you who violate the sovereignty and privacy of the Americans and also stealing the assets of the American people…

President Obama announced that he signed an executive order authorizing sanctions on “individuals and entities responsible for violating the sovereignty and territorial integrity of Ukraine or for stealing the assets of the Ukrainian people.”

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State Of The Union

By: admin
Published: January 29th, 2014

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Links 01-22-2014

By: admin
Published: January 22nd, 2014

Fact-Free Left Turns Blind Eye To Socialism’s Past

Someone summarized Barack Obama in three words — “educated,” “smart” and “ignorant.” Unfortunately, those same three words would describe all too many of the people who come out of our most prestigious colleges and universities today.

President Obama seems completely unaware of how many of the policies he is trying to impose have been tried before, in many times and places around the world, and have failed time and again.

Economic equality? That was tried in the 19th century, in communities set up by Robert Owen, the man who coined the term “socialism.” Those communities all collapsed.

How to Get Rich, Feel Rich, and Stay Rich

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Wealth is relative. Those are probably the three most important words in personal finance. Gary makes $25,000 a week and feels inadequate. Pete makes $25,000 a year and feels so rich that he retired eight years out of college. How rich you are has very little to do with how much money you have in the bank and a lot to do with your expectations of what you need that money to do for you. It’s a two-part equation, and a lot of people become miserable ignoring the second part. 

The Damage From the Housing Bubble: How Much Did the Greenspan-Rubin Gang Cost Us?

Eduardo Porter asks how much the housing bubble and its collapse cost us in his column today. (He actually asks about the financial crisis, but this was secondary. The damage was caused by the loss of demand driven by bubble wealth in a context where we had nothing to replace it.) Porter throws out some estimates from different sources, but there are some fairly straightforward ways to get some numbers from authoritative sources.

We can use as a starting point the Congressional Budget Office’s projections for GDP growth from 2008, before it recognized the damage from the collapse of the bubble. We can then compare these projections with the most recent projectionsfrom last year.

Analysis: Corporate cash may not all flow back with recovery

When the corporate cash dam bursts, everything will be ok, right? Well, maybe.

Investors betting that the past year of more than 20 percent gains in western stock marketscan be echoed, or at least sustained, through 2014 have long assumed that a corporate spending revival will nurture a building economic recovery.

The argument is simple. Years of banking crises, credit droughts and economic uncertainty have prevented businesses investing for the future. Instead, they have clipped costs, wages and jobs and built up huge stockpiles of cash rather than investing in new plants, staff, updated technology, equipment or acquisitions.

As the economic fog lifts, this idle, near zero-yielding cash will surely be put back to work eventually, they argue, creating a potentially virtuous circle of greater demand, higher growth, earningsand employment all round.

The problem, however, is that assumes cash stockpiling has all been due simply to a hiatus in the economic cycle. Many argue the hoarding is instead driven by more durable demographic trends and political reforms that are stirring corporate anxiety about exposure to soaring pension and healthcare costs as workforces age and government coffers shrink.

Shock: More Black Babies Aborted Than Born Alive in New York

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In 1963 when Martin Luther King Jr. shared his Dream with the nation, he never envisioned an America where ‘reproductive justice’ would end more than 56 million innocent human lives. His dream never pictured a nation where black boys and black girls would never be able to join hands with white boys and white girls, as sisters and brothers, because ‘freedom of choice’ determined some humans are simply not equal. New York has the second highest abortion rate in America and the second highest total number of abortions, exceeding 100,000 annually. There is obviously no lack of access. Yet, liberal legislators in the state want to decriminalize all abortions allowing the violent procedure through the entire 9 months of pregnancy.

 

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Links 01-21-2014

By: admin
Published: January 21st, 2014

The Working Rich 

The wealthiest Americans work for their money, and the poor could learn from them.

For the Love of Money

IN my last year on Wall Street my bonus was $3.6 million — and I was angry because it wasn’t big enough. I was 30 years old, had no children to raise, no debts to pay, no philanthropic goal in mind. I wanted more money for exactly the same reason an alcoholic needs another drink: I was addicted.

U.S. Stock Values Have Analysts Worried

Money managers are wondering whether soft earnings will justify more stock gains, given the Dow Jones Industrial Average’s 26.5% rise last year. That helps explain why the Dow is down 118 points to start the year.

Among their biggest questions: Just how expensive are stocks, anyway? Are they overpriced compared with likely earnings gains? What do stocks typically do when they get this pricey? What should investors do?

The Profits Bubble

Profits are dangerously elevated by all reasonable measures. S&P 500 Index real earnings per share are far above their long-term historical trend. Industry profit margins are at or near all-time highs. Corporate profits, both as a percentage of GDP and relative to labor income, are at or near record levels. The dramatic rise in income inequality is a direct consequence of this spectacular reallocation of income to capital and away from labor.

Bureaucracy in America Now Goes All The Way Down

While conservatives (and populists of many stripes) typically attack the growth of centralized bureaucracy in Washington DC, we are failing to perceive how fully bureaucratic rule nowadays permeates every level of government right down to many small town councils and county commissions.Consider, for example, the more than three dozen cases reported around the country of local bureaucrats flexing their power to stamp out the menace of . . . children’s lemonade stands. The Coralville, Iowa, police shut down 4-year-old Abigail Krstinger’s sidewalk lemonade stand because she lacked a $400 city permit—a feat duplicated in Midway, Georgia; Appleton, Wisconsin; and McAllen, Texas. This kind of bureaucratic blunderbuss wasn’t limited just to phantom fears of an obscure lemon juice-borne bacteria. Local bureaucracies have even restricted or stopped annual Girl Scout cookie sales drives.

These mindless expressions of bureaucratic rule didn’t stem from any mandate from Washington DC. These idiocies were self-generated at the local level. Ask a businessperson or entrepreneur where the most significant regulatory hurdles come from today: most will say local or state government rather than Washington DC.

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