Saturday 22 June 2013
Fact. Fiction. One is funny............................
This placement of John Maynard's classic FICTION is FUNNY because it is TRUE.
- Naughty librarian!
Thanks to the wrongheaded policies of his cult-like adherents (yes, Krugmanites, I am talking to you) the unhappy FACT is anything but funny (apart from the FED no one wants US debt anymore) but is also TRUE....the 10yr bond market is collapsing.
Some truth about Benghazi?...from TPC
News...................
Is Cap’n Crunch Really Commander Crunch?
BLACKFIVE: Slate & Bloomberg gun victims list includes Boston Bomber
Iraq to Receive Russian Military Helicopters
The Logic of the Farm Bill’s Failure
Yahoo News Goes Birther: Reports Obama Won't Stop By Kenya His Country Of Birth
Friday news dump: U.S. charges Snowden with espionage
Why is the website of Bloomberg's anti-gun group housed on New York City servers?
Spain uncovers al Qaeda network for Syrian jihadists
Revealed: U.S. has been secretly training Syrian rebels in anti-tank and anti-aircraft weapons for months
White House Dossier’s Republican Presidential Preference Poll
Obama Skewered by Irish Socialist
Sessions: Border Security Amendment Would Not Hire Agents Until 2017
US troop buildup in Jordan after Turkey shuts US-NATO arms corridor to Syrian rebels
Spain: "Soon the Muslims Will Be the Kings of the World"
Arab World: Will Egypt's embattled Morsi weather the storm?
Taliban commanders questioning whether reclusive supreme leader is still truly in charge — or even alive
China’s Arctic Strategy
Syria: 'I saw rebels execute my boy for no more than a joke’
Friday 21 June 2013
Bodacious Brunette Goodness: Lucy Pinder
A fabulous roundup.
See, "Sexy Lucy Pinder Slideshow at Nuts."
Very sexy, indeed.
Bodacious!
From AmPowerBlog at 22:51 0 comments
Tech Entrepreneur John McAfee Releases Spoof Video Mocking Firm That Made Him Rich and Famous
I'm not embedding due to some off color language.
Otherwise, this is something else.
See, "John McAfee's Tips for Un-Installing McAfee Software."
Video at the link.
From AmPowerBlog at 22:48 0 comments
Late News..................
Jewish civil rights and privatization
BLACKFIVE: The Guns At Longues, A Real Life Guns of Navarone
Bloombergian gun madness
Lummis Bill Gets State Department Out of the Gun Control Business
Agribusiness lobbyists pretty upset about that farm bill's failure right about now
RON HART: Economic lessons from the Emerald Isle
Taliban 'Embassy' Is a Surrender by Obama
NRA Ties WV Sen. Manchin to Obama, Bloomberg on Gun Control
Question: What happens when "settled science," isn't?
Reuters: Obama Approval Tumbles to 44%
Refusing Military Use of It, Obama Violates First Amendment
From Karen Silkwood to Michael Hastings, something is wrong
Iran’s “Carrier Killer” Missile Improves Accuracy
Falkland Islands and Britain rejects Argentina's Pope Francis hopes
Israel's Left-wing Provocateurs....................from Dan Friedman
A Finance Lesson........................from Rico
Bullet Pens
I'm posting this on Theo's today because of the overwhelming response from the UK on these items, when I Tweeted the other day - S.L.
Junior's Bullet Pens are a good quality product - proceeds go to families of fallen military & wounded disabled veterans.
Junior’s Bullet Pen Company is dedicated to one of our fallen heroes, Staff Sergeant Chris Falkel, KIA, of the 3d Special Forces Group. I met Chris's Dad this week at Fort Bragg, and he told me the story of his son, and the Bullet Pens.
Read the whole story HERE
Junior’s Bullet Pen Company is Veteran-Owned. Foundations supported by Junior's Bullet Pens include:
Special Operations Warrior Foundation
Task Force Dagger Foundation
Fallen Heroes Project
Operation Shower
Green Beret Foundation
AmericanSnipers.org
Remembering The Brave
Worldwide Rangers Inc.
When you buy a Bullet Pen, you help support a U.S. veteran and/or his or her family. If you are a veteran, you have just supported yourself - STORMBRINGER SENDS
From STORMBRINGER at 14:37 0 comments
A 'reminder' for you.................from Rico
The first attachment is a small 'reminder' for those who may need it today of just why Gold and Silver are not worthless, or even worth less.
- It is also a BIG financial billboard of why the FED is no longer very relevant.
Speaking of irrelevant...how about the COMEX?
- This paper scam is almost out of bullion, yet it continues to print claim certificates against assets it no longer has.
Hey, wait a minute! That's exactly what the FED has been doing!
So Gold may yet hit an artificial paper 'price' of $1200 and Silver an equally false paper 'price' of $18 but this looks like a setup where NO AMOUNT of paper money will be enough to buy physical bullion......
- I still give great credence to Marc Faber's remark that: 'You keep your dollars, and I'll keep my Gold, and we'll see which one goes to zero first.'
Stand behind Ed Mangano For Nassau County Executive!...from TPC
'Real' returns....................from Rico
For our purposes it is assumed the difference between 'real' and 'nominal' is understood.
With equities and commodities being monkey-hammered by some bilious gas emanating from the FED (the same words having been used for the last 4.5 years, actually), with the usual suspects chattering that bullion's bull run is dead fully anticipated, let's look at the 'real' rolling returns of the S&P and of Gold.
What no one is saying, but what is supremely evident is that the 'system' is failing.
- There is a huge disconnect between Wall Street and Main Street.
- There is NO solution, NO exit plan, and NO avoiding the consequences of the epic failure we will see.
Note that 'equities' are a third-party contingent liability [read: they are promises to pay, but with exceptions...like they may NOT ever pay] and bullion (if you hold it) has no third-party liabilities, promises, or anything else [read: if YOU have it, the system can crash and burn without you.]
In the madness of FED-induced market distortions, what price can you assign to immunity from hollow promises?
- Commodities will see offers with NO acceptance eventually since no price will induce owners to sell (and the shnooks who 'think' they own equities that are actually titled to CEDE and their brokers via 'Street registration' will suddenly be bailed-in and left not even holding the bag, but holding their.....er, holding nothing).
Hot Off The Presses! The Watcher's Council Voting Results Are In!...from TPC
News..................
Sealed with SEAL
Iran President: a Terrorist, Not a Moderate
BLACKFIVE: Arromanches, And A Key To Campaign Victory
Military judge calls out the politicians...
U.S. House rejects $500 billion farm bill
Marine Ospreys make first Pacific deployment on Bonhomme Richard
US scraps tons of gear as it leaves Afghanistan
SEVENTY TWO KILLED RESISTING GUN CONFISCATION IN BOSTON
Paul Ryan: IRS employees are getting bonuses while the Pentagon is dishing out furloughs, really?
FBI Won't Disclose Cost of Latest Hoffa Dig
Whistleblower: Financial Aid Given To Obama As Foreign Student With Indonesian Citizenship
General McChrystal Gives Police Airtight Alibi In Rolling Stone Reporter's Mysterious Death
Developer: Kan. caverns could preserve human race
Firearm Stopping Power - Fact, Fiction and Anecdotes
Say goodbye to the coal industry
The Boehner Supremacy
The Other Court-Packing Scandal
Report: Court lets NSA use data snagged 'inadvertently'
Accountability: FBI deems agents faultless in 100 percent of shootings over 18 years
The way things are going...
Will Ethiopia’s Proposed Dam Crush Egypt’s Economy?
GOP leader steps down after rant on ex-Miss America
Army Special Forces seeks to save historic barrack
Ospreys 'aren't bothered by traffic or lawyers'
Pants on the ground? More towns are saying 'no' to fashion statement
All-female Zimmerman jury chosen
Baroness Ashton under fire for €1bn in 'wasted' aid to Egypt Check out the comments (H/T Roger)
Obama’s Nuclear Meltdown
White House Rabbit Food Contest Winners Announced
The devil went to the G8 and nobody slammed the door in his face
More DHS insider from DC
Lavrov: Russia will honor its S-300 missile contract with Damascus. Two Russian warships head for Syria
Kim Jong-Un’s $7 Million Yacht: Living It Up Under UN Sanctions
In Case You Haven't Heard: Obama Bombs in Berlin................from Dan Friedman
Almost as if they knew!..............................from Rico
It is almost as if they "knew" in advance that bullion would be whacked severely!
- CME has hiked its Gold bullion margin by 25%.
Gee, what a 'lucky' break, huh? Now JPM can refill its empty vaults to meet its massive delivery demands at 3-year-low prices.
- I guess a $100 knee-capping of Gold wasn't enough for the Cartel, but the CME can next announce that Gold and Silver are fully cash markets.
Worth remembering: Tuesday 6/25 is Gold & Silver options expiry on the CME's COMEX.
- I'm just saying...
Sofia Vergara Cleavetastic on the Red Carpet — Plus Some Unbelievable Kate Upton Thrown In
Man, this is not to be missed.
See, "Some Quick Afternoon Rule 5."
That's totally breast-busting Sofia Vergara, by the way, and Kate Upton on horseback?
Just let that sink into the depths of your imagination for a moment.
The "It Girl" with the best breasts on earth on horseback?
Yes, just imagine that! It's huge and breast-tacular!
From AmPowerBlog at 00:05 0 comments
Deaf 3-Year-Old Boy Hears for the First Time
I can't get enough of this story.
See, "Deaf Three-Year-Old Grayson Clamp Hears for First Time."
From AmPowerBlog at 00:00 1 comments
Thursday 20 June 2013
Journalist Michael Hastings Dies in Fiery Hollywood Crash
There's been a lot of conspiracies surrounding his death, by people prone to conspiracies, I guess.
But it's not hard to figure out what happened: 4:25am in Hollywood, driving at a high rate of speed. And I suspect Hastings was under the influence.
But see, "Remembering Journalist Michael Hastings." And especially, "Dash Cam Captures Journalist Michael Hastings' Final Ride."
From AmPowerBlog at 23:51 1 comments
James Gandolfini
Rest in peace.
See, "Remembering James Gandolfini." (Big roundup there.)
Also, "James Gandolfini Has Died."
From AmPowerBlog at 23:39 0 comments
Navy Ends Official Communications Using All Capital Letters
See, "No Shouting: Navy to End Official Communications Using All Capital Letters."
You gotta love this.
The Navy's getting hip to the era of social media and will end (although not 100 percent) official communications that use ALL CAPITAL LETTERS exclusively.
At the Wall Street Journal, "NOW HEAR THIS: NAVY ABANDONS ALL CAPS: Official Communications, Long Written Large, Can Use Mixed Case; No Shouting":
More at the link.
Since the 19th century, all official Navy communications have been written that way, a legacy of primitive technology combined with the service's love of tradition.
But in the modern age, young sailors more accustomed to texting on their phones consider TYPING IN ALL CAPS akin to shouting. Typographers, meanwhile, have long maintained that all-caps text is hard on the eyes.
So the Navy, amid a modernization of its communications system, decided it would make its official messages more readable—and potentially less rude.
In an April order delivered in all capital letters, U.S. Fleet Cyber Command announced sailors were "AUTHORIZED TO USE STANDARD, MIXED-CASE CHARACTERS IN THE BODY OF NAVY ORGANIZATIONAL MESSAGES."
It noted, however, that sailors shouldn't go crazy. Standard mixed-case sentences were only appropriate for the body of the text.
"RECOMMEND CONTINUE TO USE UPPER CASE IN LINES BEFORE REMARKS," the order said.
Because of legacy systems that use the old all-caps Teletype language, the Navy could only make the shift after adopting a new messaging system it is moving to this year. The system has the added benefit of using fewer computer servers and costing $15 million less a year to operate.
The Navy was not unconcerned about the tender feelings of young sailors...
From AmPowerBlog at 23:32 0 comments
FED prevents wasting money...................from Rico
There was a stonking epic flailex in global markets overnight post the latest FOMC statement.
Addicted to QEasy money, the mere HINT that they might someday, maybe, slow down the 'juice' while (a) clearly NOT slowing down, (b) cannot really slow down, and (c) did NOT SAY they would slow down anytime soon...the world's markets went absolutely batshit crazy and there was a 5% overnight boodbath. WTF?
Get this, it is simple. Obvious.
1. There will be NO tapering.
2. There is NO exit strategy.
3. There is more QE ahead.
On the bright side of things, it looks like the FED has effectively moved from punishing savers and investors to proactively preventing everyone from 'wasting' half of their money by 'vaporizing' it.
This morning is a classic example of why we should immediately END THE FED.