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Thursday, May 31, 2012

What should the U.S. do to aid in trying to free the jailed Pakistani doctor who helped locate Osama bin Laden? | The American Legion

What should the U.S. do to aid in trying to free the jailed Pakistani doctor who helped locate Osama bin Laden? | The American Legion:

'via Blog this'

Sen Rand Paul on Fox News' On the Record with Greta Van Sunsteran - 05/3...

Robotics Gives the Paralyzed a Miracle - Money Morning

Robotics Gives the Paralyzed a Miracle - Money Morning

Mish's Global Economic Trend Analysis: Good News in Wisconsin: Governor Walker Leads Barrett 52%-45% in Recall Poll; Union-Busting is a "Godsend"

Mish's Global Economic Trend Analysis: Good News in Wisconsin: Governor Walker Leads Barrett 52%-45% in Recall Poll; Union-Busting is a "Godsend"

Apple Gears Up for New Products - WSJ.com

Apple Gears Up for New Products - WSJ.com

Significance of Armenian Elections (Dispatch) - YouTube

Significance of Armenian Elections (Dispatch) - YouTube

What's Really Wrong with Entitlements-Q&A - YouTube

What's Really Wrong with Entitlements-Q&A - YouTube

Wednesday, May 30, 2012

Epic Breakthrough: "Insight into How Matter Formed in the Universe" (Weekend Feature)

Epic Breakthrough: "Insight into How Matter Formed in the Universe" (Weekend Feature)

How Teeny, Tiny Transistors Are Born in a Near-Total Vacuum | Gadget Lab | Wired.com

How Teeny, Tiny Transistors Are Born in a Near-Total Vacuum | Gadget Lab | Wired.com

John Stossel- Stupid in America - YouTube

John Stossel- Stupid in America - YouTube

Obama's Kill List Revealed - YouTube

Obama's Kill List Revealed - YouTube

Election year posing

Here it is an election year, with all of the populist posing and promises to be broken by the elected candidate. The problem Romney has is,  he has a voting record, to compare what he says, with what he might do. The main plus I would give to Romney, is his business experience over Obama in the private sector.
 Obama has a record as President to compare what he says he will do, with what he has done. The problem with him is, he is making the same promises he did not keep last campaign cycle. I guess his handlers are banking on the collective amnesia of the voting public, from one cycle to the next. In this age of video recordings, that may be a bad bet. All the GOP will have to do is air old broken promises of Obama from the last race. Game over.
 Watch what these so called leaders do, and do not listen to what they say. Measure results like you would with any other rational thinking process. 

AtlasShruggedPart1 - YouTube

AtlasShruggedPart1 - YouTube

Even in Kentucky, Coal Industry Is Under Siege - NYTimes.com

Even in Kentucky, Coal Industry Is Under Siege - NYTimes.com

Poles angered by Obama’s words on ‘Polish death camps’ but hope they will stop such language - The Washington Post

Poles angered by Obama’s words on ‘Polish death camps’ but hope they will stop such language - The Washington Post

Tuesday, May 29, 2012

Syria's Regime To Survive Despite Recent Violence (Dispatch) - YouTube

Syria's Regime To Survive Despite Recent Violence (Dispatch) - YouTube

Yaron Answers: Is Inequality On The Rise? - YouTube

Yaron Answers: Is Inequality On The Rise? - YouTube

Bob Chapman


US MARKETS

BEHIND THE SCENES AT THE G-8 AND NATO MEETINGS

Behind the scenes at the G-8 and NATO summit meetings, some significant decisions were made that will impact over the coming weeks.
         The critical decision at the G-8 meeting and several of the bilateral meetings that took place on the sidelines of the Camp David gathering centered on the decision to plunge ahead with the bailout of the European banks in an effort to save the Euro system, with Greece still inside.  President Obama is terrified that a financial meltdown of the Euro system will spill over into Wall Street and result in his losing the November elections.  Behind the scenes around Camp David, Christine Legarde put the IMF squarely behind a bailout of the European banks, with the full backing of the Federal Reserve and Treasury in the United States to boost the leveraged lending of the European Central Bank (ECB) to prop up the European banks.  ECB will take junk bonds and other vastly over-priced assets as collateral for loans to the Spanish, Greek and other European banks.  This will offset an additional estimated $500 billion in new write-offs by bondholders of Greek debt.
         The bottom line is that if Greece leaves the Euro, the contagion will spread overnight to Spain, Portugal, Ireland, and, perhaps, even Italy.  So, the IMF, the Obama Administration and the ECB are all on board to further delay the reality of the financial and banking crisis through hyperinflationary measures.  The idea is that the situation will take many months to fully play out, and Obama and his reelection team hope that the system will hold together past the November elections.
          In his sideline meeting with new French President Hollande, Obama reached a full agreement on this perpetuation of the Euro.  This is an area where Hollande and Merkel will agree to disagree.  They both want to defend the Euro, but Hollande will continue to insist that the austerity must be limited and a growth program initiated.  This is actually impossible to accomplish, but this is the growing perspective of the Eurosocialists, including Hollande and his colleagues in Germany’s Social Democratic Party (SPD) and the Italian Socialist Party (PSI).  A majority of Greek voters are in favor of staying in the Euro, so long as the austerity is reduced.
         Hollande will make another effort this week at the European Monetary Union heads of state meeting to push for Eurobonds, as one way to implement this bailout plan.  Merkel will likely oppose and block this latest Eurobond argument.  The total amount of assets on the books of the US Federal Reserve and the European Central Bank fall far short of the currently estimated 4 trillion euro liability of the European private banks.
         This was the single-most important decision taken at the G-8 meeting, and it was a deeply flawed decision that will have severe consequences.  For Obama, the crucial question is:  Will the consequences hit before or after the November elections in the United States?  This may be the deciding factor in the outcome of those elections.
Russia’s Presence in Camp David and Chicago
         On May 14, Russia’s Prime Minister Medvedev delivered a speech at an international law conference in St. Petersburg, Russia, just before departing for Camp David.  In his speech, he announced the “Putin Doctrine,” opposing any attempts to use humanitarian intervention pretexts to violate the national sovereignty of any nation.  U.S. Attorney General Eric Holder was seated on the podium behind him when he delivered these remarks.  Medvedev went so far as to say that the attempt to carry out humanitarian interventions without the prior full consent of the United Nations Security Council could lead to regional wars, and, ultimately could lead to thermonuclear conflict.

         The U.S. government was not surprised at the Medvedev speech, because Russian ambassadors around the world had been instructed to inform the host governments of the new “Putin Doctrine” of the inviolability of national sovereignty and the threat posed to the world order by attempts to violate that principle.  Russia would organize resistance to any such efforts.
         At a conference in Moscow on May 3, top Russian government officials, including the Chief of the General Staff Makarov, had warned that NATO’s decision to move ahead with the deployment of the European Missile Defense System could also drive Russia to launch pre-emptive attacks on components of the system, during a later stage when it would pose a threat to Russia’s second nuclear strike capabilities.  

         These two pointed warnings from Russia resonated at both the G-8 and NATO summit meetings, particularly since President Putin had told President Obama in a telephone conversation soon after the Moscow conference that he would not be attending the G-8 meeting, but would be sending Medvedev instead.  The location of the G-8 meeting had been changed from Chicago to Camp David, after the cancellation of the NATO-Russia Council meeting, due to the conflict over the missile defense deployment in Europe.
         As the result of the stark Russian warnings, there were two concessions made during the G-8 and NATO meetings.  The language of the G-8 communique regarding Syria was altered to remove any implicit calls for regime change against the Assad government.  At NATO, there was  recognition that Russia has objections to the missile defense deployment, and that there will be efforts to reconcile those differences in negotiations that are already underway, between trusted Russian and American intermediaries.
         However, another issue came up at the Chicago NATO meeting, at the initiative of David Cameron and with the full support of President Obama, which will emerge as a major controversy on both sides of the Atlantic.  In May 2010, British Prime Minister David Cameron ordered a full strategic review of Britain’s military forces and doctrine.  A year later, in April 2011, President Obama ordered the same kind of study.  At Chicago, Cameron and Obama pushed for a similar NATO assessment study.  The purpose is to present the case that NATO must be able to move more swiftly, particularly in cases of humanitarian interventions, without the delay of formal approval by the 28 parliaments of the 28 NATO member countries.  In other words, NATO should have its own military assets and should be free to take action without approval of the sovereign parliaments, if the NATO heads of state reach a unanimous agreement.
         This is a dangerous erosion of the sovereignty of all NATO countries, and will meet with serious opposition, once the implications of this move are fully understood.  There will be serious resistance in the US Congress from both Democrats and Republicans.
         This will also come in conflict with the new “Putin Doctrine” of Russia because it is indicative of further NATO “humanitarian interventionism” plans, based on last year’s Libya intervention.

The US on Wednesday opened its banking market to ICBC, China’s biggest bank, for the first time clearing a takeover of a US bank by a Chinese state-controlled company.
Just days after high-level US-China economic talks in Beijing, the Federal Reserve approved an application from Industrial and Commercial Bank of China to buy a majority stake in the US subsidiary of Bank of East Asia.
The transaction will make ICBC the first Chinese state-controlled bank to acquire retail bank branches in the United States.
ICBC has been the most aggressive of China’s “big four” banks in expanding overseas.
According to the Fed the bank has total assets of roughly $2.5 trillion.
It will buy up to 80 percent of the US unit of the Hong Kong-based Bank of East Asia, which operates 13 branches in New York and California.

Wall Street banks have secretly taken over US firearms and ammunition manufacturers and the world’s largest mercenary firms in a stealth build up private military force.
A Daily KOs article reveals that Wall Street banks have used private equity firms to acquire and launch a massive stealth takeover of private security firms, US ammo and gun manufacturers, uniforms, silencers and an army of mercenaries to build what amounts to the world’s largest private army.
At the same time the private mercenary companies they now control, which include the likes of  Dynacorp and the notorious name changing Blackwater/Xe Services/Academi,  have been authorized under Department of Defense DIRECTIVE NUMBER 3025.18 to actually conduct policing operations inside the United States.
The article reveals Citi Bank, Bank of America, Barclays, and Deutsche Bank have provide huge amounts of funding to two private Wall Street equity firms, Cerebus and Veritas Equity, which in turn have used umbrella companies such as Freedom Corp., to engage in stealth takeovers and weapons stockpiling which has consumed the likes of  several gun manufacturers and ammunition manufacturers including Remington, Cobbs, H&R, Marlin, Dakota, and Bushmaker.
Furthermore, the same private equity firms have taken over companies involved in the “crowd control industry”.
One such example is CPI which manufacturers microwave and radio frequency crowd control pain inducers similar to the US Military’s heat gun which has been mentioned for deployment to control Occupy protestors.
All of this comes following news that the Department of Homeland Security has purchased 450 million rounds of ammunition banned by the Geneva Convention which is coupled with reports that feds are buying up all surplus ammo and even ordering stores to cease sales to civilians.
At the same time a DHS informant says that the DHS is preparing for a civil war and recently leaked army manuals reveal mass military detention centers are being prepared inside the US for a War On Terror ‘strategy shift‘. This article was written by Alexander Higgins and originally published at TheTruthIsNow.com

Companies placed fewer orders for computers, machinery and other capital equipment in April for a second month, indicating manufacturing in the U.S. is cooling.
Bookings for non-military goods excluding aircraft fell 1.9 percent after dropping 2.2 percent in March, the first back-to- back decline in a year, the Commerce Department said today in Washington. Other reports showed claims for jobless benefits were little changed last week and consumer confidence hovered near a four-month low.
Slowdowns in Europe and parts of Asia combined with a cooling in business spending in the U.S. after the reduction of a government tax credit this year may restrain manufacturing. At the same time, Americans are buying cars at the fastest pace in four years, creating a rebound in auto making that is rippling through the economy.
Applications for jobless benefits decreased by 2,000 to 370,000 in the week ended May 19, in line with the median forecast of economists surveyed by Bloomberg News, according to data from the Labor Department.

Consumer confidence in the U.S. improved last week for the first time in a month as falling gasoline prices helped stem dismay over household finances.
The Bloomberg Consumer Comfort Index was minus 42 in the seven days ended May 20 after an almost four-month low of minus 43.6 the prior period. The measure, which has a margin of error of 3 percentage points, slumped 12.2 points over the previous four weeks, wiping out almost the entire gain for the year.
The cheapest gasoline in three months, a slowdown in firings and a more stable housing market may be blunting the influence of falling stock prices that reflect growing concern over the European debt crisis. Bigger gains in employment and wages will be needed to further spur consumer sentiment and spending, which accounts for about 70 percent of the economy.
“A slower pace of initial jobless claims and falling gasoline prices modestly bolstered confidence,” said Joseph Brusuelas, a senior economist at Bloomberg LP in New York. At the same time, the survey “continues to point to widespread discontent among the American public.”
The number of Americans filing first-time claims for unemployment insurance payments was little changed last week, adding to evidence the labor market recovery may have paused, another report showed today. Applications for jobless benefits decreased by 2,000 to 370,000 in the week ended May 19, according to the Labor Department.
Also today, Commerce Department data showed orders for computers, machinery and other non-military capital equipment dropped in April for a second month, pointing to a slowdown in business investment.

The number of Americans filing first- time claims for unemployment insurance payments declined last week, pointing to gradual improvement in the labor market.
Applications for jobless benefits decreased by 2,000 to 370,000 in the week ended May 19 from a revised 372,000 the prior week, Labor Department figures showed today. The initial claims matched the median estimate in a Bloomberg News survey of economists. The number of people on unemployment benefit rolls and those receiving extended payments dropped
Unemployment claims have retreated from an almost four-year low earlier this year while remaining at a level that suggests the job market will be slow to heal, said Jay Feldman, an economist at Credit Suisse in New York. Absent fewer firings, companies in the U.S. may not ramp up hiring to levels leading to bigger payroll growth.
“The labor market is getting better, moving in the right direction, but there is still a long way to go,” said Feldman, who correctly forecast the claims figure. “Moderate growth is the story, and the truth is somewhere in between the wintertime surge and the slower growth over the past couple of months.”
Orders for computers, machinery and other capital equipment dropped in April for a second month, pointing to a slowdown in U.S. business investment, another report showed today. Bookings for non-military goods excluding aircraft decreased 1.9 percent after falling 2.2 percent in March, the first back-to-back decline in a year, data from the Commerce Department said.

Despite rising home prices, more than 30% of borrowers, or close to 16 million homeowners, were underwater on their mortgage during the first quarter, according to Zillow.
The percentage of borrowers who owed more on their home than it was worth increased to 31.4% during the quarter, up slightly from 31.1% three months earlier, according to Zillow. In the year-ago period, 32.4% of all borrowers had negative equity on their loan.
The uptick in underwater homeowners occurred even though home prices have slowly started recovering. On Wednesday, the Federal Housing Finance Agency reported that national home prices rose a modest 0.6% during the first quarter, the first price gain since 2007.

The number of Americans filing new claims for jobless benefits dipped last week, indicating the economy is plodding along even though headwinds from Europe cut into U.S. factory activity growth this month.
The data on the U.S. economy on Thursday was a bit lackluster, but it showed the recovery remained resilient even with growth in China slowing and the euro zone edging toward recession.
"We are growing at a moderate pace of 2 to 2-1/4 percent, but we have some headwinds that are starting to assert themselves, particularly coming from Europe," said Paul Edelstein, an economist at IHS Global Insight in Lexington, Massachusetts.
Initial claims for state unemployment benefits slipped by 2,000 to a seasonally adjusted 370,000, the Labor Department said. The four-week moving average, considered a better measure of labor market trends, also fell to 370,000, dropping by 5,500.
Although claims have been little changed in the past four weeks, they remain below levels hit in mid-April. That suggests some improvement in the pace of job creation this month after April's disappointing 115,000 gain in nonfarm payrolls.

Mortgage rates hit record lows in the week ending May 24, with the 30-year fixed-rate mortgage average ticking down to 3.78% from 3.79% in the prior week, Freddie Mac said Thursday in its weekly report. These data go back to 1971. The rate was 4.60% a year earlier. To obtain the latest 30-year rate, payment of an average 0.8 point was required, according to Freddie, a buyer of residential mortgages. The 15-year fixed-rate mortgage remained this past week at 3.04%, a record low set in the prior week. These data go back to 1991. Meanwhile, the average rate on the 5-year Treasury-indexed hybrid adjustable-rate mortgage held steady at 2.83%. The 1-year Treasury-indexed ARM declined to 2.75% from 2.78%


SHORT NOTES

Spending on luxury goods in the U.S. has slowed since the end of the year, with jewelry putting in a worse performance, MasterCard Advisors SpendingPulse said.
Luxury sales, excluding jewelry, climbed 1.8 percent in April from a year earlier, after gaining 6.7 percent in the first quarter and 13 percent in the fourth quarter, Purchase, New York-based SpendingPulse said. Jewelry sales fell 3.7 percent in April. Tiffany & Co. (TIF) today cut its profit and sales forecasts amid weaker-than-expected results in the U.S.

Memories of Freedom – Tenth Amendment Center

Memories of Freedom – Tenth Amendment Center

Hereos

May 27, 2012 
The Glory of Their Deeds

Chester Nimitz and William "Bull" Halsey are more familiar names, but the truth is neither one of them was as highly decorated as Eugene B. Fluckey.

Before Japan surrendered, "Lucky Fluckey", as he was known, received numerous medals including four Navy Crosses, the Distinguished Service Medal, the Legion of Merit, and the highest decoration of them all, the Medal of Honor.

As the commander of the U.S.S. Barb, Fluckey and his crew sank 29 vessels, including an aircraft carrier, while surviving an estimated 400 shells, bombs, and depth charges fired by the enemy.

Always innovative, he even conceived of a method for firing rockets from a submarine - and was the first to do so in anger off the coast of Japan in 1945.

His crew led the only invasion of the Japanese mainland, as eight of his saboteurs blew up a 16-car train under the cover of darkness.

But through it all, not one member of Fluckey's crew ever received a Purple Heart.

As retired Capt. Max Duncan, a torpedo officer on the Barb, recalled, "He gave you a job, expected you to do it, and didn't micromanage."

Loved by his crew, Fluckey kept a secret stash of beer aboard theBarb, serving up cold ones every time an enemy ship went to the bottom.

"The beer didn't last too long," Captain Duncan remembered, "because we sank too many ships."

Sadly, like so many others of The Greatest Generation, time eventually caught up with Admiral Fluckey. He passed away in 2007 at the age of 93.

But before he passed, he left us with a few thoughts. Speaking before a new group of submariners, the Admiral said:

"Serve your country well. Put more into life than you expect to get out of it. Drive yourself and lead others. Make others feel good about themselves, they will outperform your expectations, and you will never lack for friends. On U.S.S Barb, our philosophy was, 'We don't have problems - just solutions."

Of course, Fluckey really was one of the lucky ones. He survived while so many others honored this Memorial Day made the ultimate sacrifice.

So as you ice down some cold beers of your own this weekend, remember the fate of the boys of Pointe du Hoc, the Ia Drang Valley, and so many other countless battlefields the world over.

To the living and the dead, we all owe a debt that can never be repaid. Without them, the world would be a much darker place - that much I'm sure of.

From our entire staff, have a great Memorial Day!

Steve Christ, Managing Editor

Money Morning 

General Motors is becoming China Motors - YouTube

General Motors is becoming China Motors - YouTube

The Egyptian Election and the Arab Spring | Stratfor

The Egyptian Election and the Arab Spring | Stratfor

US special forces on the ground in North Korea, says American commander - The Hill's DEFCON Hill

US special forces on the ground in North Korea, says American commander - The Hill's DEFCON Hill

See You In Hell - Holder - Sincerely ...Brian Terry - YouTube

See You In Hell - Holder - Sincerely ...Brian Terry - YouTube

Nuclear Expert: Fukushima spent fuel has 85 times more cesium than released at Chernobyl — “It would destroy the world environment and our civilization… an issue of human survival” -Former UN adviser

Nuclear Expert: Fukushima spent fuel has 85 times more cesium than released at Chernobyl — “It would destroy the world environment and our civilization… an issue of human survival” -Former UN adviser

Mish's Global Economic Trend Analysis: Harsh Language from Lagarde: "IMF Has No Intention of Softening Terms"; From Head of Deutsche Bank: "Greece is a Failed Corrupt State"; Purposely Inflammatory Statements to Force Greece Exit

Mish's Global Economic Trend Analysis: Harsh Language from Lagarde: "IMF Has No Intention of Softening Terms"; From Head of Deutsche Bank: "Greece is a Failed Corrupt State"; Purposely Inflammatory Statements to Force Greece Exit

"Why China Won’t Rule" by Robert Skidelsky | Project Syndicate

"Why China Won’t Rule" by Robert Skidelsky | Project Syndicate

Monday, May 28, 2012

Memorial Day Thoughts: Honoring the Fallen - YouTube

Memorial Day Thoughts: Honoring the Fallen - YouTube

"Some Gave All, All Gave Some"

My favorite tribute to those who have served. This includes their families who lose the company of their loved ones permanently or temporarily. Then there are the ones who come home in body but not in mind, forever lost, in a far away place. We owe them all a great debt,  just being remembered and appreciated is enough for most of them.
 These are the true heroes in our culture are those who serve others. People who give of themselves to benefit others have a special place in my heart and always will. Not just those in the military, but all who serve others and the greater good. So many in our world of idol worship, serve only themselves and somehow become famous. Those who work quietly behind the scenes and in far away places to serve others go unmentioned far too often.
 The Medal of Honor ceremony in DC had the politicians and media in the fron two rows and the recipient and his family in the third row is a good example of this. The politicians were all glad handing each other for photo ops while the family and SSG Guinta watched.
 No wonder our country is hopelessly adrift, deep in debt, involved in wars, shrinking personal freedoms, corruption abounds and goes unpunished, racial hatreds, class resentment, a growing tax and regulatory burden, record joblessness, a record number of people on food stamps and government benefits.......
 As and old Mafia Don once said, "The fish rots from the head down." Time for a change of direction before we wind up like the Romans, destroyed from the enemy within. 

Asia Times Online :: The road to amnesia

Asia Times Online :: The road to amnesia

Ron Paul’s Texas Straight Talk 5/28/12: The Egregious Ex-Patriot Act Has No Place in a Free Society

Ron Paul’s Texas Straight Talk 5/28/12: The Egregious Ex-Patriot Act Has No Place in a Free Society

Saturday, May 26, 2012

The DCAC - FBI Will Now Spy On All Americans, Too - YouTube

The DCAC - FBI Will Now Spy On All Americans, Too - YouTube

Former Congressional, SEC Officials Take a Spin through JPMorgan's Revolving Door

Former Congressional, SEC Officials Take a Spin through JPMorgan's Revolving Door:

'via Blog this'

Iraq acquiring drones from US to guard oil installations

Iraq acquiring drones from US to guard oil installations

Sen. Rand Paul Urges Senate to Vote to End the FDA's Abuse of Power - 5/24/12 - YouTube

Sen. Rand Paul Urges Senate to Vote to End the FDA's Abuse of Power - 5/24/12 - YouTube

Germany and Greece and the Game of “Chicken” | Shah Gilani's Wall Street Insights and Indictments

Germany and Greece and the Game of “Chicken” | Shah Gilani's Wall Street Insights and Indictments

George Friedman on SpaceX's Significance (Agenda) - YouTube

George Friedman on SpaceX's Significance (Agenda) - YouTube:

'via Blog this'

Mali's Geographic Challenge - YouTube

Mali's Geographic Challenge - YouTube:

'via Blog this'

Friday, May 25, 2012

2011-2012 LD Debate - Govt. Intervention to Reduce Economic Gap - YouTube

2011-2012 LD Debate - Govt. Intervention to Reduce Economic Gap - YouTube

More Military Spies | Foreign Affairs

More Military Spies | Foreign Affairs

California vs Texas

I could suggest any number of other critters who bite and
threaten us  who could be put down the same way -- but as
low as they are, even  buzzards have standards and probably
wouldn't eat them and we'd be left  with a big smelly mess.

*/The Coyote/*
*/Description: 546A6604-F361-438A-AE94-0ADCC1BEF2CC@local/*
*/California .../*
*/The Governor of California is jogging with his dog along a
nature  trail. A coyote jumps out and attacks the Governor's
dog, then bites the  Governor./*
*/1. The Governor starts to intervene, but reflects upon the
movie  "Bambi" and then realizes he should stop because the
coyote is only  doing what is natural./*
*/2. He calls animal control. Animal Control captures the
coyote and  bills the State $200 testing it for diseases and
$500 for relocating it./* */3. He calls a veterinarian. The
vet collects the dead dog and bills  the State $200 testing
it for diseases./* */4. The Governor goes to hospital and
spends $3,500 getting checked for  diseases from the coyote
and on getting his bite wound bandaged./* */5. The running
trail gets shut down for 6 months while Fish & Game conducts a $100,000 survey to make sure the area is now free
of  dangerous animals./*
*/6. The Governor spends $50,000 in state funds implementing
a "coyote  awareness program" for residents of the area./*
*/7. The State Legislature spends $2 million to study how to
better  treat rabies and how to permanently eradicate the
disease throughout the  world./*
*/8. The Governor's security agent is fired for not stopping
the attack.  The State spends $150,000 to hire and train a
new agent with additional  special training ... Re: The
Nature Of Coyotes !!!/* */9. PETA protests the coyote's
relocation and files a $5 million suit  against the State./*
*/Texas .../*
*/The Governor of Texas is jogging with his dog along a
nature trail. A  Coyote jumps out and attacks his dog./*
*/1. The Governor shoots the coyote with his State-issued
pistol and  keeps jogging. The Governor has spent $0.50 on a
45 ACP hollow point  cartridge./*
*/2. The Buzzards eat the dead coyote./*
*/And that, my friends, is why California is broke and Texas
is not !!!/* */Description:
546A6604-F361-438A-AE94-0ADCC1BEF2CC@local/*

Freedom watch: Not a single Democrat voted in favor of ending FDA raids on raw milk farmers

Freedom watch: Not a single Democrat voted in favor of ending FDA raids on raw milk farmers:

'via Blog this'

HP Layoffs: Company To Cut 27,000 Jobs To Save Up To $3.5 Billion Annually

HP Layoffs: Company To Cut 27,000 Jobs To Save Up To $3.5 Billion Annually

Thursday, May 24, 2012

A bit of history


A TRUE STORY EVERYONE SHOULD KNOW! 
This is the story of our Mothers and Grandmothers who lived only 90 years ago.
 
Remember, it was not until 1920 that women were granted the right to go to the polls and vote.The women were innocent and defenseless, but they were jailed nonetheless for picketing the White House, carrying signs asking for the vote. And by the end of the night, they were barely alive. Forty prison guards wielding clubs and their warden's blessing went on a rampage against the 33 women wrongly convicted of 'obstructing sidewalk traffic.' 

(Lucy Burns)
They beat Lucy Burns, chained her hands to the cell bars above her head and left her hanging for the night, bleeding and gasping for air. (Dora Lewis) 
They hurled Dora Lewis into a dark cell, smashed her head against an iron bed and knocked her out cold. Her cell mate, Alice Cosu, thought Lewis was dead and suffered a heart attack. Additional affidavits describe the guards grabbing, dragging, beating, choking, slamming, pinching, twisting and kicking the women.

Thus unfolded the
 'Night of Terror' on Nov. 15, 1917, when the warden at the Occoquan Workhouse in Virginia ordered his guards to teach a lesson to the suffragists imprisoned there because they dared to picket Woodrow Wilson's White House for the right to vote. For weeks, the women's only water came from an open pail. Their food--all of it colorless slop--was infested with worms. (Alice Paul) When one of the leaders, Alice Paul, embarked on a hunger strike, they tied her to a chair, forced a tube down her throat and poured liquid into her until she vomited. She was tortured like this for weeks until word was smuggled out to the press. 


Mrs Pauline Adams in the prison garb she wore while serving a 60 day sentence. 
Last week, I went to a sparsely attended screening of HBO's movie 'Iron Jawed Angels.' It is a graphic depiction of the battle these women waged so that I could pull the curtain at the polling booth and have my say. I am ashamed to say I needed the reminder.

Miss Edith Ainge, of Jamestown , New York 
All these years later, voter registration is still my passion. But the
 actual act of voting had become less personal for me, more rote. Frankly, voting often felt more like an obligation than a privilege. Sometimes it was inconvenient.
(Berthe Arnold, CSU graduate)
My friend Wendy, who is my age and studied women's history, saw the HBO movie, too. When she stopped by my desk to talk about it, she looked angry. She was--with herself. 'One thought kept coming back to me as I watched that movie,' she said. 'What would those women think of the way I use, or don't use, my right to vote? All of us take it for granted now, not just younger women, but those of us who did seek to learn.' The right to vote, she said, had become valuable to her 'all over again.'

HBO released the movie on video and DVD . I wish all history, social studies and government teachers would include the movie in their curriculum I want it shown on Bunco/Bingo night, too, and anywhere else women gather. I realize this isn't our usual idea of socializing,
 but we are not voting in the numbers that we should be, and I think a little shock therapy is in order.
Conferring over ratification of the 19th Amendment to the U.S. Constitution at National Woman's Party headquarters, Jackson Place , Washington , D.C. Left to right: Mrs. Lawrence Lewis, Mrs. Abby Scott Baker, Anita Pollitzer, Alice Paul, Florence Boeckel, Mabel Vernon (standing, right)) 

It is jarring to watch Woodrow Wilson and his cronies try to persuade a psychiatrist to declare Alice Paul insane so that she could be permanently institutionalized. And it is inspiring to watch the doctor refuse. Alice Paul was strong, he said, and brave. That didn't make her crazy.

The doctor admonished the men: 'Courage in women is often mistaken for insanity.'

Please, if you are so inclined, pass this on to all the women you know. We need to get out and vote and use this right that was fought so hard for by these very courageous women. Whether you vote democratic, republican or independent party - remember to vote.

Helena Hill Weed, Norwalk , Conn. Serving 3 day sentence in D.C. prison for carrying banner, 'Governments derive their just powers from the consent of the governed.' 
So, refresh MY memory. Some women won't vote this year because - Why, exactly?
  • We have carpool duties?
  • We have to get to work?
  • Our vote doesn't matter?
  • It's raining?
  • I'm so busy...I've got so much on my plate!
Read again what these women went through for you! We can't let all their suffering be for nothing.

Is the European Union succeeding or failing? | The American Legion

Is the European Union succeeding or failing? | The American Legion

India's Strategic Opportunity in Myanmar (Dispatch) - YouTube

India's Strategic Opportunity in Myanmar (Dispatch) - YouTube:

'via Blog this'

Problems With a "Greek Euro" (Portfolio) - YouTube

Problems With a "Greek Euro" (Portfolio) - YouTube

The Mindboggling Sum We Actually Spend on National Security | World | AlterNet

The Mindboggling Sum We Actually Spend on National Security | World | AlterNet:

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Obama is the Worst Spender Ever! And Rex Nutting is Absurd - YouTube

Obama is the Worst Spender Ever! And Rex Nutting is Absurd - YouTube:

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Libertarian Solution: Free Schools from the Dept. of Education - YouTube

Libertarian Solution: Free Schools from the Dept. of Education - YouTube

Wednesday, May 23, 2012

Growing Energy Production in the U.S. (Dispatch) - YouTube

Growing Energy Production in the U.S. (Dispatch) - YouTube

Jon Corzine Still Bundling Money For Obama « Pat Dollard

Jon Corzine Still Bundling Money For Obama « Pat Dollard:

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Jon Corzine Still Bundling Money For Obama « Pat Dollard

Jon Corzine Still Bundling Money For Obama « Pat Dollard

Bob Chapman


Doctors, hospitals and drugmakers raised prices faster than inflation in 2010, driving U.S. health costs higher as fewer Americans sought care after the recession
Spending on workers covered on the job grew 3.3 percent per person in 2010, twice the general inflation rate, according to a report today from the Health Care Cost Institute, a Washington group that examined data from insurers including UnitedHealth Group Inc. and Aetna Inc. While costs increased, enrollment in employer-sponsored plans declined, the researchers said. 
U.S. medical spending almost doubled in the last decade, reaching $2.6 trillion in 2010, according to federal government statistics. Today’s data suggest policymakers may have to consider the market power of hospitals and doctors to try to tame that growth, said Martin Gaynor, an economist at Carnegie Mellon University in Pittsburgh who helped write the report. 
“Most of the increase was driven by increases in price,” Gaynor said in a telephone interview. “We see utilization falling moderately and the spending is still going up.” 
Researchers gained access to 3 billion claims from UnitedHealth, Aetna and Humana Inc. (HUM), three of the four biggest insurers by enrollment, as well as from Kaiser Permanente, one of the biggest nonprofit plans. It’s the largest set of private insurance data ever assembled for study, Gaynor said. 
While the insurers provided “seed funding” for the Washington-based institute, they’ve put no limit on what questions researchers can ask and have no control over what they produce, Gaynor said. The group plans to update the database with more-recent claims and make the information available to researchers around the country for further study. 

New York state owes $72.2 billion for promised health benefits for retired government workers, a 29% increase from the year before, according to a financial statement.  Future retiree benefit costs rose by $16.3 billion in the fiscal year ended March 31, exceeding the state’s outstanding debt by more than $15 billion… New York City’s retiree health-care liability was $84 billion for the fiscal year ended June 30.

California Governor Jerry Brown took office last year on a promise to deploy political skills honed over three decades to break the most populous U.S. state out of its annual fiscal crisis.  
After 16 months, the 74-year-old Democrat is having as little success as his Republican predecessor, Arnold Schwarzenegger, in governing the state with the world’s ninth- biggest economy as it slips into a $15.7 billion deficit, up 70% since January.

The California State Teachers’ Retirement System will vote its 5.3 million Wal-Mart Stores Inc. (WMT) shares against the entire board’s re-election amid a probe into alleged bribery in Mexican operations
The board failed to respond to indications of unethical conduct, and Wal-Mart’s leadership may have “actively suppressed” an internal investigation, Calstrs Chief Executive Officer Jack Ehnes said today in a statement disclosing how the shares will be voted. 
“Calstrs does not have confidence that the current board has the independence and leadership needed to address these difficult issues,” Ehnes said in the statement. 
The move shows mounting pressure against Wal-Mart, the world’s largest retailer, over its corporate-governance practices in advance of the company’s annual meeting on June 1 in Fayetteville, Arkansas. The New York City Pension Fund and a major adviser to investors have also urged investors to vote against some directors in the wake of bribery allegations. 
Wal-Mart, based in Bentonville, Arkansas, has said it is probing allegations reported by the New York Times last month that executives paid more than $24 million in bribes to clear the way for expansion in Mexico. A company spokesman, David Tovar, didn’t return a phone call seeking comment today. 

New Jersey’s revenue may lag behind Governor Chris Christie’s projections by as much as $1.3 billion over this fiscal year and the next, the Legislature’s chief budget analyst said in a memorandum to lawmakers. 
David Rosen of the nonpartisan Office of Legislative Services told budget committee members that he’ll provide details of his forecast at meetings tomorrow, according to a copy of the memo obtained by Bloomberg News. Rosen is to testify before the Assembly Budget Committee at 10 a.m. 
The shortfall estimated by Rosen is more than double the $537 million over the two-year period that he projected in March before the budget panels. He declined to comment today when reached by telephone. 
“It’s time to see the reality that things are not going as well as we had hoped they would,” said Assemblyman Vincent Prieto, a Secaucus Democrat who leads the budget committee. “This is something that is real and we’re going to have to deal with it.” 
Christie’s $32.1 billion spending plan for fiscal 2013, which begins July 1, counts on a 7.3 percent revenue gain, the most since before the recession that began in December 2007. The 49-year-old Republican traveled the state to promote his “Jersey Comeback,” a turnaround he has said will let the state increase spending while cutting income taxes by 10 percent. 

JPMorgan Chase & Co. the biggest U.S. bank, has hired former U.S. Securities and Exchange Commission enforcement chief William McLucas to help respond to regulatory probes of the firm’s $2 billion trading loss
The lender retained law firm Wilmer Cutler Pickering Hale & Dorr LLP, where McLucas is a partner, shortly after the bank disclosed the loss on May 10, said Kristin Lemkau, a spokeswoman for New York-based JPMorgan. 

The probes began after JPMorgan traders in London built up positions in illiquid credit derivatives that were so large they distorted market prices and eventually led to what Chief Executive Officer Jamie Dimon called “self-inflicted” losses that may grow. That spurred reviews by the SEC, Commodity Futures Trading Commission, Office of the Comptroller of the Currency and Federal Bureau of Investigation.
“Our focus right now is on whether the company’s public disclosure and financial reporting is accurate,” SEC Chairman Mary Schapiro said today in congressional testimony. “The agencies collectively, including the criminal authorities, are working very hard to untangle what happened at the firm.” 
The SEC is reviewing the accuracy and timing of JPMorgan’s disclosure of changes in how it calculates value-at-risk, or VaR, which shows how much it could lose from trading most days, Schapiro said. The bank changed its VaR model for the chief investment office during the first quarter without telling investors. The new model, which has since been scrapped, had cut the risk estimation almost in half, Dimon told investors May 10. 
JPMorgan Chase & Co has been hit with a lawsuit brought on behalf of employees whose retirement holdings fell in value after the largest U.S. bank revealed a surprise $2 billion trading loss earlier this month.
The complaint, filed late Monday in U.S. District Court in Manhattan, also names individual defendants, including Chief Executive Jamie Dimon and Ina Drew, who stepped down last week as head of JPMorgan's chief investment office, where the loss occurred.
The defendants were accused of violating their duties to 401(k) and other retirement plan participants by including company stock as an investment option, hiding the stock's risk, and failing to move participants to safer choices.
"The plans suffered hundreds of millions of dollars of losses," the complaint said. "If defendants had discharged their fiduciary duties to prudently manage and invest the plans' assets, the losses suffered by the plans would have been minimized or avoided."
Shares of JPMorgan have fallen as much as 20.8 percent since the New York-based bank revealed a $2 billion trading loss synthetic credit products, a type of derivative, on May 10, when its stock traded at $40.74.
In Tuesday morning trading, JPMorgan shares were up $1.49, or 4.6 percent, at $34 on the New York Stock Exchange.
JPMorgan did not immediately respond to requests for comment. Lawyers who filed the lawsuit were not immediately available for comment.
The 401(k) plan covers substantially all U.S. employees.
As of December 31, 2010, the last date for which data was immediately available, the plan held $14.64 billion of investments, including $2.79 billion of JPMorgan stock.

Barclays Plc, the U.K.’s second- largest bank by assets, said it will receive net proceeds of $5.5 billion from the sale of its entire stake in BlackRock Inc.  
The lender sold about 26.2 million shares to money managers for $160 each, London-based Barclays said in a statement yesterday. Underwriters have the option to purchase an additional 2.6 million. New York-based BlackRock will buy back a further 6.38 million shares at $156.80 per share, about 8.8 percent less than the stock’s $171.91 close on May 18, the last trading day before the deal was announced. 
The British bank took the 19.6 percent holding when it sold Barclays Global Investors to BlackRock in December 2009 for about $15.2 billion. The sale turned BlackRock into the world’s biggest asset manager and added passive products such as the iShares exchange-traded funds to its offerings. 
Barclays is selling as the latest rules from the Basel Committee on Banking Supervision will force the lender to set aside capital against the stake to cushion itself against any decline in the value of the holding. 
The Barclay’s offering was priced 2.1 percent below BlackRock’s shares which fell 2.6 percent to $163.37 yesterday in New York. 

China can now bypass Wall Street when buying U.S. government debt and go straight to the U.S. Treasury, in what is the Treasury’s first-ever direct relationship with a foreign government, according to documents viewed by Reuters.
The relationship means the People’s Bank of China buys U.S. debt using a different method than any other central bank in the world.
The other central banks, including the Bank of Japan, which has a large appetite for Treasuries, place orders for U.S. debt with major Wall Street banks designated by the government as primary dealers. Those dealers then bid on their behalf at Treasury auctions.
China, which holds $1.17 trillion in U.S. Treasuries, still buys some Treasuries through primary dealers, but since June 2011, that route hasn’t been necessary.
The documents viewed by Reuters show the U.S. Treasury Department has given the People’s Bank of China a direct computer link to its auction system, which the Chinese first used to buy two-year notes in late June 2011.

Inflation slowed to 3 per cent last month due to the timing of Easter and a drop in transport prices, but is likely to stay above its 2 per cent target, fuelling controversy over the Bank of England’s quantitative easing policy. 
The Consumer Prices Index, or CPI, measure of inflation fell from 3.5 per cent in March to 3 per cent in April, its lowest level since February 2010. 
The drop means Sir Mervyn King, the governor of the Bank of England, is spared the embarrassment of having to write a letter to the Chancellor explaining why inflation is off target for the first time in the life of this Parliament. 
However, King has admitted that CPI inflation is likely to remain above his goal of 2 per cent for the next year or so. 
The Bank has previously suggested that QE, which has been widely criticised for penalising savers and pensioners, is needed in order to prevent inflation soaring above the benchmark. 

Youth joblessness is almost back at its peak following the outbreak of the global economic crisis and is unlikely to ease until at least 2016, the International Labour Organization warned Tuesday.
The ILO said nearly 75 million youths or 12.7 percent of people aged 15 to 24 will be out of work this year, up from 12.6 percent in 2011.
The jobless total is creeping towards the 75.4 million unemployed in 2009 when the financial crisis caused the number to soar.
The picture is more gloomy if the millions who have put off or given up looking for a job are included: this would put the 2011 figure at 13.6 percent.
Youths opting to prolong their education will meanwhile enter the labour market in the coming years, putting continued pressure on the jobless rate.
“By 2016, the youth unemployment rate is projected to remain at the same high level,” said the ILO.
In its Global Employment Trends for Youth report, the body suggests offering tax and other incentives to businesses hiring young people and more entrepreneurship programmes to help youths kick-start a career.

Manufacturers probably received more orders in April and home sales rose, a sign the U.S. expansion is still on track, economists said before reports this week. 
Factory bookings for long-lasting goods rose 0.3 percent last month after falling 3.9 percent in March, according to the median forecasts of 61 economists surveyed by Bloomberg News before a May 24 Commerce Department report. Other figures may show purchases of existing and new houses also climbed. 
Manufacturers may keep forging ahead as automakers crank out more cars and trucks, while housing will probably benefit from record-low mortgage rates that are making properties more affordable. Nonetheless, those industries alone will fail to spur a pickup in growth without bigger increases in employment throughout the economy that will propel consumer spending. 
“The economy is growing, but it’s just not growing at an inspiring pace,” said Brian Jones, a senior U.S. economist at Societe Generale in New York. “The production numbers look OK, the housing market looks OK, the thing we’re more concerned about is the labor market.” 
A Federal Reserve report last week showed factory production rose 0.6 percent in April. About half the gain came from auto making, which jumped 3.9 percent following a 1.2 percent increase in the prior month.