83 replies to this topic

[AChartist]

I don't know if their is any sense to it, either extreme side of dialectic is a predetermined commitment to fiction. Now for some moderate liberals, imagine they have to pass through denial and sadness stages before they are accepting any factual information in the first place. Now for the reaganomics. Maybe this is intentional, I know I felt a ill wind then and I called it a coup. Imagine Nixon tells his Fed to goose the economy for his re-election, followed directly by killing the gold standard, on top of mechanism of vietnam war on top of the Johnson social spending initiatives, with Ford and Carter at the tail end of precipitous inflation disasters. So Volker jacks rates, just in time for Reagan to sit in residence of the transition into the treasury bubble beginning 30 years of declining interest rates. Were the volker rates taken there excessively just for that setup. Here's the least known part. In 1982 basil-ii named teasuries a class-1 fractional reserve, which is a fiat recapitalization. In those days no one but very small cadres of insiders would know anything about it. Now everyone knows about basil-iii naming metals as a class-1 fractional reserve on Jan 1. I think reagan was setup to accidental sit in residence and role play because many other communist central power consolidation trends were beginning then and culminating to today, that all began then under the covers of the treasury fiat replacing gold standard. I call it the coup. Don't get me wrong reagan was probably ok, he would not have a clue what the shadow government was up to, same a clinton said there is a gov inside the gov that he had no control of, reagan may not have even known that much in those days.

Edited by AChartist, 02 September 2013 - 11:18 AM.

[stocks]

Obama Administration Proposes 2,300-Page "New Constitution"

Some critics who have reviewed the 2,300 pages of the proposed "new Constitution" stated that the document is impenetrable, even to those with law degrees.

The Obama Administration has proposed replacing the current U.S. Constitution (4,543 words, including the signatures) with a 2,300-page "new Constitution" that in the words of an administration spokesperson, "clears up the gray areas in the current Constitution."

The proposal was launched after the success of two recent 1,000+ page pieces of legislation, the Affordable Care Act and the Dodd-Frank financial reform act.

An additional 200+ pages of the "new Constitution" are redacted due to the sensitive nature of the National Security-related amendments.



http://www.oftwomind...arody10-13.html

[stocks]

European Supremacy

Five Hundred Years – Finished at Last!

Prologue: Germination, ×1 Generation [40 years]
From: 1452-Pope Nicholas V issues the bull Dum Diversas, legitimising the colonial slave trade.
To: 1492-Fall of Granada.

Chapter One: Growth, ×4 G. [160 years]
From: 1492-Discovery of America.
To: 1652-End of Spanish hegemony.

Chapter Two: Glory, ×4 G.
From: 1652-First Anglo-Dutch War.
To: 1812-End of Napoleon’s power.

Chapter Three: Decline, ×4 G.
From: 1812-British-American War.
To: 1972-America leaves Vietnam.

Epilogue: Degradation, ×1 G.
From: 1972-Bankruptcy of the American national economy.
To: 2012-Famine, epidemic and war.


http://appliedphilos...tory-of-europe/

Real history tells us where we are.

In advanced civilizations the period loosely called Alexandrian is usually associated with flexible morals, perfunctory religion, populist standards and cosmopolitan tastes, feminism, exotic cults, and the rapid turnover of high and low fads—in short, a falling away (which is all that decadence means) from the strictness of traditional rules, embodied in character and inforced from within. — Jacques Barzun

When did white trash become normal?

Students of Arnold Toynbee, the English historian, will recognize what is going on here. In a chapter of his “A Study of History” entitled “Schism in the Soul,” Toynbee argued that it is a sign that a society is disintegrating when it takes its cues for manners and customs from the underclass. He describes such societies as being “truant” to their own values.

When Snooki, whose talents include getting sloppy drunk and throwing up on camera, made Barbara Walters’ “Ten Most Fascinating People” list a few years back, one could only ask: Was Octomom not available?

Last year, “Here Comes Honey Boo Boo,” which features a cornucopia of social ills, was TLC’s highest-rated show, attracting more cable viewers than the Republican National Convention, which had the misfortune to share the time slot with the charmers from Georgia. The show’s matriarch, June Shannon, has four daughters by four men, one of whose names she can’t recall.



http://nypost.com/20...-become-normal/

[stocks]

Healthcare- a fundamentally socialist product- appeals to most people because when they are sick they want to feel comforted and cared for. Whether they are being done any objective good or not is beside the point.

Medical treatment is also mentally associated with maternal care. ...people expect free treatment- even though they regarded the treatment as being extremely valuable- because they received free treatment from their mothers as children. Actually, they received mostly comfort, but that’s what they really wanted anyway.

Despite the mystique around it, medical treatment is not hard to provide. The science behind it is sophisticated. Understanding the human body and disease, creating effective drugs, and creating machines for diagnosis and treatment all require a high level of intelligence. Once they have been created though, it doesn’t take much intelligence to use them effectively.

Despite all the hoo-ha it doesn’t take much brains to be a doctor. You see him with a complaint, he asks you a few questions and maybe pokes you a little, and gives you a prescription. It might help you a lot, a little, or not at all. It might not help you at all but you get better by the workings of your body, so you’re happy and don’t go back. Maybe the problem continues or gets worse, you go back and try something else, or he sends you to another doctor. Even if the doctor is stupid and incompetent, the treatments will probably not do you any harm.

Nevertheless, there is a hushed reverence and amazement about the process carefully nurtured by TV shows, healthcare marketing people and the government.


http://deconstructin...-care/#comments

[stocks]

Washington's Chuckleheads - O-Care, from a city full of blowhards.

Washington is a town full of chuckleheads — people who don’t know what they’re talking about but are good at sounding as if they do.

In his great book, Socialism, written in 1921, Ludwig von Mises begins by quoting Lenin who wrote that taking over an industrial economy was going to be easy — all you have to do is make the bookkeeping entries and record the profits. “Lenin had the delivery boy’s understanding of how a business works,” wrote Von Mises. The same could be said for President Obama and all the Democrats in Congress who have decided they can take over the nation’s health insurance industry and run it in their spare time.

The effort to redo healthcare begins with the assumption that the insurance business is essentially illegitimate. It is only run “for profits” and not for the good of the people. After all, there are almost 40 million Americans without health insurance. If the government were running the system, everybody would have health insurance and be happy as well. This is an old story and can be applied to any business. Take out “the profits” and everything will run smoothly for the benefit of all.

There are three reasons people don’t buy health insurance: 1) they are young and healthy and don’t want it; 2) they are too poor to buy it; or 3) they have serious health problems that makes them unattractive customers for insurance companies. All three of these problems could be solved by very modest efforts that would not involve having the federal government carpet-bomb the entire insurance industry.



http://spectator.org...ns-chuckleheads

[stocks]

Washington's Chuckleheads - O-Care, from a city full of blowhards.

Washington is a town full of chuckleheads — people who don’t know what they’re talking about but are good at sounding as if they do.

In his great book, Socialism, written in 1921, Ludwig von Mises begins by quoting Lenin who wrote that taking over an industrial economy was going to be easy — all you have to do is make the bookkeeping entries and record the profits. “Lenin had the delivery boy’s understanding of how a business works,” wrote Von Mises. The same could be said for President Obama and all the Democrats in Congress who have decided they can take over the nation’s health insurance industry and run it in their spare time.


http://spectator.org...ns-chuckleheads

Best comment on Obamacare -- "At least the Titanic made it out of port before it sank..."

30-40% of Healthcare.Gov Not Built According to Official


Read more at http://globaleconomi...Ke2RHiWHe2kI.99

[stocks]

America's neofeudal cartels: Education, sickcare and national defense.

The essence of the neofeudal model: a protected Elite parasitically extracts wealth from the debt-serfs below. Should the debt-serfs resist, the State steps in to coerce compliance.

Each cartel shares these features:

1. Compelling PR "cover" for cartel extraction of wealth. "Healthcare" (i.e. sickcare that profits from illness, not health) is a "right." The defense industry is the bulwark of democracy, and "educating our children" is the key to future prosperity. Each portrays itself as sacrosanct.

These "Mom and apple pie" cover stories enable monopolistic exploitation: $300 million a piece fighter aircraft (replacing $54 million aircraft), $150,000 college diplomas, and "healthcare" spending that is two times more per capita than competing advanced democracies.

2. Government (monopoly) protection and funding. The largest monopoly is of course the Central State, which holds a monopoly on taxation, coercion and distribution of swag. All these cartels have gained control of Federal (monopoly) funding.

3. Illusory competition. Each cartel is protected by wide, deep regulatory moats and complexity fortresses that protect the Status Quo income streams from any real competition or innovation. Within each cartel, meaningless variations in price are offered as "proof of competition," but everyone knows the price of each cartel's "product" ratchets higher, regardless of conditions in the real economy


http://www.oftwomind...rsity11-12.html

Making it up as he goes along

In an important sense, the American people have no political say in the health-care law because Congress did not pass a law reforming the health-care system; instead, Congress passed a law empowering the Obama administration, through its political appointees and unelected time-servers, to create a new national health-care regime. The general outline of the program is there in the law, but the nuts and bolts of the thing will be created on the fly by President Obama and his many panels of experts.

The health-care law gives the executive all sorts of powers to promulgate regulations and make judgments, but it does not give the executive the power to decide which aspects of the law will be enforced and which will not, or to establish a different timeline from the one found in the law itself. For all of the power that Congress legally has given the president in this matter, he feels it necessary to take more — illegally.

There is no obvious and persuasive legal rationale for the belief that the president can willy-nilly suspend portions of the law or delay their execution. There is still less reason to believe that the president has the unilateral authority to overturn the law’s fundamental requirements, including the requirement that all health-care plans on offer meet certain federal regulations.



http://www.nationalr...in-d-williamson

[stocks]

Britain's baby boomer generation suffering ill-effects of years of hard living

The figures, from the Health and Social Care Information Centre, disclose a dramatic increase in liver disease and drunkenness among the middle aged over the last decade.

Britain's baby boomer generation is suffering the toll of decades of high-living, according to official figures which show alcohol-related hospital admissions among those in their 60s have tripled in a decade.

The statistics show that among those aged 45 and above, the numbers admitted to hospital as a result of drinking have more than doubled in a decade.




http://www.telegraph...ard-living.html

[stocks]

Detroit's water drains away from ravaged pipes

Torrents of water spew from broken pipes in Detroit's Crosman School, cascading down stairs before pooling on the warped tile of what was once a basketball court.
No one knows how long the water has flowed through the moldy bowels of the massive building a few miles north of downtown, but Crosman has been closed since 2007.

As Detroit goes through the largest municipal bankruptcy in U.S. history, the city's porous water system illustrates how some of its resources are still draining away even as it struggles to stabilize its finances and provide basic services.
More than 30,000 buildings stand vacant in neighborhoods hollowed out by Detroit's long population decline, vulnerable to metal scavengers who rip out pipes, leaving the water to flow.

Scrappers swarm into houses shortly after the last person moves out. Wiring, copper and metal plumbing are hauled away for illegal sale to unscrupulous recyclers. Even a decorative outdoor fountain in downtown's popular Hart Plaza was turned off earlier this year after its copper pipes were stolen.
They'll steal anything that's worth stealing," said 65-year-old Shirley Young, who lives next door to a stripped house on the east side.





http://hosted.ap.org...-12-11-01-38-02

[stocks]

Puerto Rico is Toast

Moody's Puts Puerto Rico on Downgrade to Junk Review Citing Very High Debt, Pension Obligations, Chronic Deficits; Exodus Underway

Puerto Rico has been in recession for 8 years. The unemployment rate is 15% and debt has piled up to the tune of $70 billion. How did Puerto Rico get into trouble? The short
answer is the same way as Detroit: loss of industry coupled with lavish pensions.

Puerto Rico lost 54,000 residents — 1.5 percent of its population — between 2010 and 2012 alone. Since recession struck in 2006, the population has shrunk by
more than 138,000 to 3.7 million,


Read more at http://globaleconomi...WzMzQXpq95qB.99