H/T Pete H
Friday, 23 October 2009
News.........
Peter Dreier, Hardline Activist and Radical Professor, Decries Conservatives' 'War on ACORN'.
Barack Obama sees worst poll rating drop in 50 years.
Obama "not losing any sleep over" Fox Quagmire...
Mail Call. Stormbringer gets an invite to Fox News.
Man arrested for making coffee in own home while naked.
Bosnian Serb leader Radovan Karadzic threatens boycott of genocide trial.
North Korean leader Kim Jong-il 'slaps down' son Kim Jong-Un.
Pilot overshoots Minneapolis airport by 150 miles.
World's longest golf course opens in Australia.
‘Routine’ armed police units for London streets.
Furore as 'James Bondski' cover is blown.
What's the Frequency, Khalid? -- REM Calls for Guantanamo Closure
and finally.......
IDF Women in the Navy
.jpg)
.jpg)
.jpg)
.jpg)
Kicking ass..............from Rico
To most people, it sure LOOKS like the DJIA is kicking ass. BUT, it isn't so.
Setting aside the question of the huge amounts of funny money being printed by the Fed being the real cause for the equity markets moving upward, there is a little 'trick' or 'game' our government is playing on us...and it usually works, because the average Joe cannot figure out currency exchange rates and doesn't have a clue what a 'shrinking' dollar means.
Our drunken sailor spendthrift Uncle Sammy counts on this, and why not? It's always worked for him in the past.
- This is SO slick! While people 'think' they are kicking ass, they are the ones getting...er, kicked in the ass instead.
The drop in the value/purchasing power of the dollar 'inflates' the apparent value of the DJIA. If you are using Euros or most other currencies, you're not really seeing this market rally as being quite as LARGE as it seems in dollars. Respectable, but not as valuable as it seems using funny money to denominate it.
- Bear in mind that as the Zimbabwe dollar collapsed, the Zimbabwe stock market appeared to simultaneously skyrocket. Now both the Z$ and the Z-market are worthless. I have a 100-trillion Z$ note on my wall as a reminder of this...pretty engraving and ink, but worthless save as a reminder of what idiotic governmental ecoonomic policy (guided by experts that are "too smart to be right") can do for you.
Long Black Train
Yuri Bezmenov - The Demoralization of the U.S. is Already Complete
"The Soviet authorities banned the book, which was a grim chronicle of the experience of the author and thousands of others sent to Soviet labour camps. It took Solzhenitsyn ten years to finish the three-volume work. However, the writer himself paid a high price for his efforts. Accused of treason by the authorities, in 1974 he was expelled from the Soviet Union and exiled to the West, which meant he was at last able to accept the Nobel Prize for Literature which he’d been awarded in 1970. He was not to return to Russia until after the fall of the Soviet Union." Solzhenitsyn’s Work a Lasting Tribute to Gulag Victims
Soviet Archives and Dark Truth
Washington Rebel: We say what others dare not. Might as well pay us a visit before we've completely Gone to Seed.
Thursday, 22 October 2009
Blowing stuff up because we can.
Gay Wilkinson has just been made the patron saint of my own site Hitting Metal With a Hammer, with good cause!
What he does doesn't please everyone, but those sort of people don't come here except to be outraged. Bet you don't get much windage on that puppy.
I have this sudden urge to rent Sweet Home Alabama again...
Unite Against Fascism act like NAZIs
Build a bonfire, build a bonfire, put Nick Griffin on the top, put the Nazis in the middle, and burn the fucking lot."
More on Iain Dale' blog. I bet they think they are actually doing something useful with this sort of idiocy.
.jpg)
Do NOT say.................from Rico
Do NOT say I didn't tell you...that I haven't BEEN telling you, OK?
- The proverbial has hit the fan.
- Whatever hits the fan, will NOT be evenly distributed.
It's not just Federal taxes that have taken a nosedive, but State taxes (revenue collected) have kissed the mat, too! [In "real" = adjusted for inflation terms]
The inane ongoing media "recovery" debate (whether it is v-shaped, w-shaped, x-shaped, or double-dip) obscures the point...and misses the point.
- If you listen to it, you're a mug.
The near-vertical drop after AIG and Lehman failed has merely become an ongoing downward collapse.
This "living in reality" really sucks...I must get some of whatever the Media and Team Obama are smoking, toking, or taking to divert me from it. 'Shrooms are good they say. Maybe I'll ask Alice..... (with a nod to the old Jefferson Airplane).
.jpg)
.jpg)
.jpg)
.jpg)
.jpg)
Interesting Rest Stop................from Rico
HWY 95 and Scotty's Junction in Nevada, about 30 miles on a dirt road on the way to
the "Hard Luck" mine. 
News........
“If we could first know where we are, and whither we are tending, we could then better judge what to do, and how to do it.”
Iran Double-Crosses Obama.
New Zealand town cancels rabbit-throwing contest.
Obama Protecting Your Right To Vote—Unless You're White.
The White House will lose its war against Fox News.
Pakistan shuts all schools and universities after suicide bomb in Islamabad.
Iran faces key deadline in nuclear talks.
Population set to rise by 10 million in fastest expansion since the Sixties.
Four-year drought pushes 23 million Africans to brink of starvation.
Robert Gates moves to keep US troops on Japan soil.
Man wanted by Interpol found working as a guard in US prison
Obama on Mount Rushmore
and finally......
IDF Women
Unsustainable.............from Rico
Unsustainable debt expansion.
Huh? What dat?
- It means we cannot keep it up, and Enzyte or Cialis will not be helpful.
Q2 2009 the total US debt outstanding = 373.4% of GDP. In 1952 the debt-to-GDP ratio was 130%.
The current upward trajectory of the debt-to-GDP is unsustainable!
Low vs. High estimates of interest payments on this debt reflect the same thing (scenarios 1 and 2), but are essentially moot. The level of debt cannot rise without limit.
I subscribe to the Austrian School and their economists who theorize that ever greater amounts of credit and money (at low interest rates) are needed to keep the cycle 'going', BUT the value of money will drop and inflation will increase. Inflation will lead to default on the debt.
In another context.
This is why, in 2000 over 40 ounces of gold would buy the Dow index, but today 9.4 ounces of gold will buy the Dow index.
Argentina-Weimar-Zimbabwe. Wanna buy some bonds backed by the "full faith and credit" of the government?
- I also have some bundles of defunct currency (fiat currency) that make swell fire-starters for my fireplace that I'll sell you instead of the bonds (ref infra).
.jpg)
.jpg)
.jpg)
Lost Ironies in an Unworthy War
If you watch nothing else this week, watch Charles "Panzer Division" Krauthammer explain FOX News to the Effete and the Liberal!
Compiling an Enemies' List: It's incredible to observe this incredible presidential seediness. I feel so bad for my country. We deserve so much better, but . . . .
Once you've tossed your honor to the gutter, it's not easy to win back, now is it?
The White House Wages an Unworthy War
Obama Compares FOX to Talk Radio; "Not Losing Sleep" over Childish Presidency.
Nile Gardiner: White House Will Lose This War
Washington Rebel: No Excuses
MAIL CALL
An interesting email from Fox 5 News in Washington, D.C.:
We are doing a story tonight about Marine Sgt. David Budway, who you wrote about in your blog. He's being sentenced today for claiming to be an injured veteran of Iraq and Afghanistan and scamming his way into free events.
(Former) Marine David Budway. He dishonored the Corps.
We wondered if you are local - are you based in the DC area? If so, you seem to have a strong opinion about this guy. Would you want to talk about it on camera?
Read the whole thing, and STORMBRINGER's reply . . .
Wednesday, 21 October 2009
And we're back from the socialist brink.
A jury in New Zealand has found a man not guilty of murder or manslaughter after he shot a long time friend who had become dangerously agressive.
They decided he acted in self defence and in the defence of others in the house at the time.
This is in spite of every law in the country being designed to get the offender off and punish the victim.
Looks like New Zealand is getting back to its wild colonial roots. Not to mention common sense.
We did it after nine years of socialist rule, you can do it too!
Libertarian Snowe?
Sen. Snowe on health reform: 'I don't expect it to be easy'| Portland Press Herald
Yes the PPH seems to think that selling out your party to help along a socialist take-over of the medical profession is libertarian.
Poor David Lindsey
He can't figure out who he hates more... jews or the Conservative Party... or is it Churchill or the BNP? Read his idiocy and judge for yourself.
He can't fathom the difference between Oswald Mosley and the British Fascists (pro-Hitler) and Winston Churchill who opposed Hitler.
Cross-posted @ Dodgeblogium
Subscribe to:
Posts (Atom)
