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Thursday, 4 March 2010
Unsustainable.....................from Rico
The 2009 Financial Report of the US Government has been released. It confirms what we already knew.
- The 2009 USG deficit was $1.417 trillion.
- Total liabilities rose from $12.178 trillion end 2008 to $14.123 trillion end 2009.
- At present rates of growth/increase the percentage of national debt and entitlement spending will eat almost every dollar of Federal revenue by the end of the decade.
The USG cannot keep spending and borrowing like it has been recently. It is unsustainable.
BUT if the USG even slows spending a 'little' bit it could really tank the economy.
- In fact, even with all the "bailouts" and "stimulus packages" many could argue that we are already in a depression.
In any event. it's now pretty clear: America's economic goose is cooked.
Individuals can go bust. Companies can go bust. Nations can go buts, too!
"Si se puede! Yes we can!"
- Obama
News...........
When Responsibility Doesn’t Pay
When Skeptics Attack
Teachers Unions, Anarcho-Communists Launch 'Day of Action' to 'Occupy California!'
Shut it Down! March 4th Mobilization - Protest, Strike, Solidarity!
Medvedev Takes On Putin with Governor Appointment
Speculators Eye Next Prey: How Safe Is Britain's Proud Pound?
The Bomb for Beginners: A DIY Guide to Going Nuclear
US won't be 'dictatorial'
EU loopholes could undermine new Iran sanctions
Votes by expats can swing Election results
Russian Teenager Designs Noiseless Electric Rifle
Libya to impose economic embargo on Switzerland
US Servicemen To Take Part in Russia's Largest Victory Parade Ever
Following Success of PAK FA, Russia To Develop New Strategic Bomber, PAK DA
'Russian Mafia' Abroad Now 300,000 Strong, Journal Says
Garage owner warned over 'pornographic' calendar
Hawks over the rock in air combat training
US steps up diplomatic pressure on China over Iran sanctions
Australian woman died after 'head was cut off during freak lawnmower accident'
Dying days of British Empire captured in rare films
Millions of Ethiopian famine aid used to buy weapons
Italian police smash 'Iran weapons smuggling gang'
Barack Obama: I'll steamroll health reforms through Congress
China's defence budget to rise by 7.5%
South African courts come to the aid of white Zimbabwean farmers
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Rebel News
The Face of the Left: Dylan Ratigan "Interviews" Tea Bag Party Organizer Mark Williams. Williams walks out!
The Cold and Brutal Truth About the Left
The Classic Liberal on The God that Failed
Federal Receipts as the Inverse of Liberty
Can We Get the Health Care Genie Back in the Bottle? John Jay says we can. With the right persuasion.
Virgil Talks a Little About His Experience in the War on Terror! Theo readers will likely enjoy what he has to say.
Irish Cicero on The True Gentleman!
From Your Friends at Washington Reb
Humility is Our Calling Card
FIREFIGHT AT COMBAT OUTPOST KEATING
COP Keating
“Most people back home don't even know, no one gives a sh-t.”
Show the world YOU give a sh-t . . . . . . . . . . . . .read STORMBRINGER
Wednesday, 3 March 2010
Jeremy Jacobs On Twitter
Theo Spark's Assistant Editor doing well on Twitter:
from @scotmckee
@JeremyJacobs Thanks for the RT. You're a lovely, lovely man. (And particularly attractive to women of a certain age from what I hear...)
And the Debate Continues
And the Debate Continues, by Virgil.
The Conservative Debate! Brought to you by Motorcity Times, Makes My Brain Itch, The Classical Liberal, That's Right, The Camp of the Saints, and Washington Reb.
Round 1: The Conservative Blogger Debate -- The War On Terror!
Round 1: The Conservative Blogger Debate- The War On Terror – Question 2
Also, a fellow Washingtonian died in this effort:
"Sgt. William C. Spencer, 40, of Tacoma, Wash., died Feb. 25 at Landstuhl Regional Medical Center in Landstuhl, Germany, of wounds sustained Feb. 20 while supporting combat operations at Combat Outpost Marez, Iraq. He was assigned to the 2nd Battalion, 146th Field Artillery Regiment, Olympia, Wash." The Tension
IDF Weapons
The Eyeball, Each unit is only slightly larger than a baseball and can be simply thrown into the area that needs to be checked out. It provides continuous, real-time 360º audio and video surveillance and can be moved remotely. It can also be mounted on a pole or lowered on a cable into a tunnel.
The Eyedrive, a lightweight, four-wheel, remote-controlled, observation and surveillance mini-robot that provides continuous, real-time 360º audio and video surveillance. Due to its durability, the robot can be thrown on the ground, go down stairs, flip over and keep on going.
The IDF Armored Personnel Carrier named Tiger is based on the Centurion MK4 Battle Tank and has the same high-level...
More at DoubleTapper
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Why is Cameron not getting 'er done?
Over at Pajamas Media I try to get my head round the fact that the Conservatives are so close to losing to Gordon Brown. A hung parliament with such an unpopular government and an economy is just beyond belief. Then again I predicted that he would not cut it soon after he was elected leader and predicted a hung parliament over two years ago. Please head over and take a look, leave you comments and see if you can explain to yanks what the hell is going on.
Muslim Religious Ban On Terrorism
Professor Dr. Sheikh Muhammad Tahir-ul-Qadri, issued a 600-page ban denouncing terrorists and suicide bombers as "unbelievers...without any excuses, any pretexts, or exceptions."
"They can't claim that their suicide bombings are martyrdom operations and that they become the heroes of the Muslim nation," Qadri told a press conference in London. "“No, they become heroes of hellfire, and they are heading towards hellfire.”
"There is no place for any martyrdom and their act is never, ever to be considered jihad,"...
More at DoubleTapper
Readers Guns:
from left to right....
springfield armory M1 garand
lewis machine and tool defender 2000
colt sporter match HBAR
springfield armory M1A national match
springfield armory M1A
Remington model 1903
keltec sub2000 9mm glock mag model
From Allen in NH
A Little Poem About Computer Spell Checkers
Eye halve a spelling chequer
It came with my pea sea
It plainly marques four my revue
Miss steaks eye kin knot sea.
Eye strike a key and type a word
And weight four it two say
Weather eye am wrong oar write
It shows me strait a weigh.
As soon as a mist ache is maid
It nose bee fore two long
And eye can put the error rite
Its rare lea ever wrong.
Eye have run this poem threw it
I am shore your pleased two no
Its letter perfect awl the weigh
My chequer tolled me sew.
H/T DML
Fiat follies.................from Rico
The folly of Keynes and fiat money is playing out before us now.
The FDIC is broke.
Fannie and Freddie are racing one-another to lose as much money as possible.
State governments are sinking fast.
Cities and towns are going broke.
There are few 'healthy' CRE loans in existence.
Ben continues to print money almost as fast as our politicians can spend it.
I have very little doubt (looking at US debt-to-GDP) that following the Euro and the Pound Sterling the Greenback will be next.....
Followers of Hayek and the Austrian school of economics understand that cold-hard-cash is not fiat paper 'promises' to pay.
News.........
Head Of ‘Climategate’ Research Unit Admits Sending ‘Pretty Awful Emails’ To Hide Data
O Canada! The Heritage Horns at Canada Place
MEP Nigel Farage fined over 'insulting' tirade
James Bulger killer Jon Venables returned to prison
Hillary Clinton slaps Britain in the face over the Falklands
Parisians really are rude, French poll finds
Races in United Arab Emirates 'breaking ban on child camel jockeys'
Luxury car fleet found gathering dust in 'bored' owner's Suffolk barn
New Zealand inventor creates 'flying hovercraft'
Downing Street dismisses US offer to mediate on Falklands dispute
Argentina celebrates diplomatic coup as Hillary Clinton calls for talks over Falklands
'Buy farmland and gold,' advises Dr Doom
Sunnis emerge from political wilderness to stand and vote in Iraqi election
Pakistan's Army takes control of al-Qaeda cave network on Afghan border
Only Chile's wealthy allowed to buy food
Major-General Richard Barrons puts Taleban fighter numbers at 36,000
US daredevil Seth Enslow smashes motorcycle jump record - twice
and finally.......
Who Will Be Cast As The Next Wonder Woman?
Irina Sheik is the gift that keeps on giving
QUESTION?
What was the most positive result of the “Cash for Clunkers” program?
ANSWER:
It took 95% of the Obama bumper stickers off the road.
H/T DML
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THE ULTIMATE SURVIVOR
A true story of heroic jungle survival that will blow your mind . . .
. . . . . . . . . . . . . STORMBRINGER
Declaration of Tea Party Independence: a re-interpretation...
DECLARATION OF TEA PARTY INDEPENDENCE
For much of its history, the United States has been a land of prosperity and liberty. Sound policies such as fiscal responsibility, constitutionally limited government, and a belief in the free market have safeguarded this condition.
In recent years, however, Congress, the White House, the Federal Reserve Board, and the court system have replaced those practices with profligate government spending and expansion of the government power beyond what is constitutionally permissible via government control of banks, the auto industry, and other large sectors of the economy.
This course, if not reversed, can only lead to economic collapse and tyranny.
Therefore, Individuals acting through the Tea Party movement seek to reinstate policies which are proven to safeguard liberty and prosperity for all. We will organize, demonstrate and vote until this restoration has been achieved. We will stay focused on this goal and remain INDEPENDENT from any persons or political parties who seek to distract us from this end.
And for the support of this Declaration, we the Undersigned mutually pledge to each other our tireless Effort, our sense of Urgency, and a trust in the power of our combined Voices.
More on this here, Matt has kindly adopted my idea of printing this out and having people sign it to display at events or in public places.
Tuesday, 2 March 2010
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