America's greatest export is Federal Reserve Notes. Say goodbye to low consumer prices.
Monday, November 8, 2010
Friday, November 5, 2010
Where are the Jobs? The Parallels between Today and the Great Depression
http://www.youtube.com/watch?v=qm5ZbjkGV3Y&feature=player_embedded
Barrack Obama is wearing Herbert Hoover's Concrete Booties
Restructuring cannot be stopped, only delayed.
Skipping the Body Scanner and Taking Brusque Treatment
Skipping the Body Scanner and Taking Brusque Treatment
By JOE SHARKEY
http://www.nytimes.com/2010/11/02/business/02road.html
America ... Land of the Free?
By JOE SHARKEY
The T.S.A. says travelers can opt out of "advanced imaging technology" scans. But such fliers are subject to a physical pat-down, and sometimes outbursts.
http://www.nytimes.com/2010/11/02/business/02road.html
America ... Land of the Free?
Thursday, November 4, 2010
For the First Time, the TSA Meets Resistance
For the First Time, the TSA Meets Resistance
By Jeffrey Goldberg
http://www.theatlantic.com/national/archive/2010/10/for-the-first-time-the-tsa-meets-resistance/65390/
By Jeffrey Goldberg
At BWI, I told the officer who directed me to the back-scatter that I preferred a pat-down. ... When I made this request, a number of TSA officers, to my surprise, began laughing. I asked why. One of them -- the one who would eventually conduct my pat-down -- said that the rules were changing shortly, and that I would soon understand why the back-scatter was preferable to the manual search.
http://www.theatlantic.com/national/archive/2010/10/for-the-first-time-the-tsa-meets-resistance/65390/
'Are Any Parts of Your Body Sore?' Asks the Man From TSA
'Are Any Parts of Your Body Sore?' Asks the Man From TSA
By Jeffrey Goldberg
http://www.theatlantic.com/national/archive/2010/11/-are-any-parts-of-your-body-sore-asks-the-man-from-tsa/65482/
By Jeffrey Goldberg
"The guidelines have changed, just to warn you. We now have to run our hands through your groin until we meet --"
...
I give him several more answers than he expected:
1) I prefer to limit my exposure to radiation, which the back-scatter imager produces;
2) I don't think this new technology will stop terrorism;
3) I find the idea of the government taking pictures of my genitalia a discomfiting invasion of privacy;
4) I find the specific pose a person is forced to take inside the machine -- hands up, as in a mugging -- particularly debasing.
http://www.theatlantic.com/national/archive/2010/11/-are-any-parts-of-your-body-sore-asks-the-man-from-tsa/65482/
The TSA vs. Mankind
The TSA vs. Mankind
by Lew Rockwell
http://www.lewrockwell.com/blog/lewrw/archives/68445.html
by Lew Rockwell
A great man had to go through his first invasive pat-down at the airport the other day, since his knee replacements bar him from the naked x-ray machine. This is a the kindest, most well-mannered man I know, but after four very hard jabs to his genitals, he asked the federal agent: “How can you live with yourself, feeling up men all day?” “I love my job,” sneered the goon.
http://www.lewrockwell.com/blog/lewrw/archives/68445.html
Memos Detail TSA Officer's Cocaine Pranks
Memos Detail TSA Officer's Cocaine Pranks
http://www.thesmokinggun.com/documents/stupid/memos-detail-tsa-officers-cocaine-pranks
Worker falsely claimed to have found drugs in passenger luggage
http://www.thesmokinggun.com/documents/stupid/memos-detail-tsa-officers-cocaine-pranks
State Bailouts? They've Already Begun
State Bailouts? They've Already Begun
Bond subsidies and transfers have allowed states to avoid making tough decisions. It won't last.
By MEREDITH WHITNEY
http://online.wsj.com/article/SB10001424052702304173704575578203887408076.html
Bond subsidies and transfers have allowed states to avoid making tough decisions. It won't last.
By MEREDITH WHITNEY
The threat posed by the state fiscal crisis in the U.S. is vastly underestimated and under-appreciated—because even today too few people understand how states have been managing their finances.
http://online.wsj.com/article/SB10001424052702304173704575578203887408076.html
Wednesday, November 3, 2010
Federal Reserve Announces Plan To Continue Funding Its Hedge Fund "like" Activities By Devaluing the Dollar
QUANTITATIVE EASING OFFICIALLY BEGINS WITH $600 BILLION IN TREASURY PURCHASES
The breakdown:
Currently, the monetary base is $2,003,117,000,000.00 dollars (two trillion, roughly). In eight months, it'll be roughly $2,600,000,000,000.00 dollars (two trillion, six hundred billion). This is an expansion of the denominator of the worth of a dollar. So, in eight months, one dollar will be equal to $2,003,117,000,000.00 divided by $2,600,000,000,000.00. Which is 0.7693.
To put it another way, in eight months, the dollar will be 23.1% worth less.
Of course, this just adds to the insult that they already increased the monetary base from 900B to 2T in 2008. So, if you divide $900,000,000,000.00 by $2,600,000,000,000.00, then in eight months, a dollar will be worth 34.6% of its 2008 value.
In other words, since 2008, the Central Bank of the United States has exacted a 65% tax on all greenback users, and against all asset classes, to cover for the crimes of the financial sector. All done without representation.
The breakdown:
Currently, the monetary base is $2,003,117,000,000.00 dollars (two trillion, roughly). In eight months, it'll be roughly $2,600,000,000,000.00 dollars (two trillion, six hundred billion). This is an expansion of the denominator of the worth of a dollar. So, in eight months, one dollar will be equal to $2,003,117,000,000.00 divided by $2,600,000,000,000.00. Which is 0.7693.
To put it another way, in eight months, the dollar will be 23.1% worth less.
Of course, this just adds to the insult that they already increased the monetary base from 900B to 2T in 2008. So, if you divide $900,000,000,000.00 by $2,600,000,000,000.00, then in eight months, a dollar will be worth 34.6% of its 2008 value.
In other words, since 2008, the Central Bank of the United States has exacted a 65% tax on all greenback users, and against all asset classes, to cover for the crimes of the financial sector. All done without representation.
Mid-Term Elections
Elections 2010
Union Leader
Senate Vote Tally for Bethlehem
Hodes 421
Ayotte 445
Blevens 10
Booth 17
Governor Vote Tally for Bethlehem
Lynch 506
Stephen 371
Babiarz 21
CD2 Congressional Tally for Bethlehem
Kuster 458
Bass 384
vnBlmm 19
Wilson 20
Also, Huge swing gives GOP a NH Senate majority
Results, etc: http://www.unionleader.com/politics.aspx/politics?channel=872fe89b7fe84644be19cd3fc9bdf6ae
Union Leader
Senate Vote Tally for Bethlehem
Hodes 421
Ayotte 445
Blevens 10
Booth 17
Governor Vote Tally for Bethlehem
Lynch 506
Stephen 371
Babiarz 21
CD2 Congressional Tally for Bethlehem
Kuster 458
Bass 384
vnBlmm 19
Wilson 20
Also, Huge swing gives GOP a NH Senate majority
Results, etc: http://www.unionleader.com/politics.aspx/politics?channel=872fe89b7fe84644be19cd3fc9bdf6ae
Robert Shiller Sees More Housing Pain Ahead
Robert Shiller Sees More Housing Pain Ahead
By Jennifer Schonberger
http://www.kiplinger.com/columns/dekaser-practical-economics/archives/robert-shiller-shares-his-view-on-the-housing-market.html
By Jennifer Schonberger
The Yale economist who called the housing bubble says foreclosure-gate is sapping confidence and more home price declines are likely.
http://www.kiplinger.com/columns/dekaser-practical-economics/archives/robert-shiller-shares-his-view-on-the-housing-market.html
Now, About Governing.....
Now, About Governing.....
http://market-ticker.org/akcs-www?post=171097
This the price we are paying for not prosecuting fraud, theft and graft.
http://market-ticker.org/akcs-www?post=171097
This the price we are paying for not prosecuting fraud, theft and graft.
Iowans dismiss three justices who backed homosexual marriage
Iowans dismiss three justices who backed homosexual marriage
By Grant Schulte, USA TODAY
http://www.usatoday.com/news/politics/2010-11-03-gay-marriage-iowa-election_N.htm
By Grant Schulte, USA TODAY
Three Iowa Supreme Court justices lost their seats Tuesday in a historic upset fueled by their 2009 decision that allowed same-sex couples to marry.
http://www.usatoday.com/news/politics/2010-11-03-gay-marriage-iowa-election_N.htm
Tuesday, November 2, 2010
John Lynch: Economic undertaker of the North Country
Brien Ward: John Lynch: Economic undertaker of the North Country
By BRIEN WARD
http://www.unionleader.com/article.aspx?headline=Brien+Ward:+John+Lynch:+Economic+undertaker+of+the+North+Country&articleId=f29d08a4-8385-41ff-b890-018c6a787534
By BRIEN WARD
GOV. JOHN LYNCH has taken political credit for a plant expansion in Rochester. Fair Enough. He should also take credit and be held accountable for the nine plant closings that have occurred in the North Country since he was elected governor in 2004
...
During his six years as governor he hasn’t opened a single plant in the North Country that has survived. Zip. Zero. Nada!
http://www.unionleader.com/article.aspx?headline=Brien+Ward:+John+Lynch:+Economic+undertaker+of+the+North+Country&articleId=f29d08a4-8385-41ff-b890-018c6a787534
Prepare To Be Betrayed
Prepare To Be Betrayed
by Llewellyn H. Rockwell, Jr.
http://www.lewrockwell.com/rockwell/prepare-for-betrayal155.html
by Llewellyn H. Rockwell, Jr.
The larger problem occurs once they take office. Here is where the serious problems begin. They are leaned on by their new colleagues, the party elites, related financial interests, the press, and the entire system of which they are now part. Are they going to make themselves enemies of that system, or are they going to work within the system in order to achieve reform, and not just for one term but more terms down the line? Doing a good job means being part of the structure; doing a bad job means being an enemy of the very system that they now serve.
Which choice do they make? The same choice that everyone else in office makes (Ron Paul being the lone exception in all of human history). It is for this reason that newly seated "revolutionary" politicians will betray those who put them in power. It happens like clockwork, same as day turns to night.
http://www.lewrockwell.com/rockwell/prepare-for-betrayal155.html
Monday, November 1, 2010
For me autumn is a time of new beginnings
For me autumn is a time of new beginnings
Dianne Newcomer; thenewsstar.com
http://www.thenewsstar.com/article/20101031/LIFESTYLE/10290338
Dianne Newcomer; thenewsstar.com
By early evening, we had arrived at the Adair Inn, Bethlehem, N.H., which was going to be our base of operation for two nights. The plan was to capitalize on this great location and day-trip out while allowing sufficient time for long strolls and hikes in the late afternoon on the grounds of this extraordinary New England bed and breakfast.
http://www.thenewsstar.com/article/20101031/LIFESTYLE/10290338
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