Monday, May 21, 2012

Americans Want to Cut Defense Spending...Romney and Obama Don't

The Center for Public Integrity: Public overwhelmingly supports large defense spending cuts
"While politicians, insiders and experts may be divided over how much the government should spend on the nation's defense, there's a surprising consensus among the public about what should be done: They want to cut spending far more deeply than either the Obama administration or the Republicans."

You Can't Force People To Stay and Pay. Do We Want Talent To Leave?

Facebook Co-Founder Saverin Gives Up U.S. Citizenship Before IPO- Bloomberg
"Eduardo Saverin, the billionaire co- founder of Facebook Inc. (FB), renounced his U.S. citizenship before an initial public offering that values the social network at as much as $96 billion, a move that may reduce his tax bill."

US military course taught officers 'Islam is the enemy'
"A course for US military officers has been teaching that America's enemy is Islam in general and suggesting that the country might ultimately have to obliterate the Islamic holy cities of Mecca and Medina without regard for civilian deaths, following second world war precedents of the nuclear attack on Hiroshima."

The US created and still runs the Office of Strategic Influence to psychologically influence its population to support the War on Terror through propaganda

Office of Strategic Influence - Wikipedia, the free encyclopedia
"The Office of Strategic Influence, or OSI, was a department created by the United States Department of Defense on October 30, 2001, to support the War on Terrorism through psychological operations in targeted countries, which did not include the United States because the Pentagon is barred from PSYOPs in the U.S."

Americans Can't See The Truth of the Bay of Pigs 50 Years After Event

Draft CIA Bay of Pigs report stays secret -
The CIA argued that releasing a draft would "have a chilling effect"

FBI Inventing 'Terrorists' Through Entrapment

Your Phone Eavesdrops On You

Google's eavesdropping technology: Going too far to sell ads? - The Week

"Google filed a patent for the ability to eavesdrop on conversations, so that
they can deliver better targeted advertising. Not just phone calls, either - any
sound that is picked up by the headset mics."

Illegal to Say Bad Things About Yemen?

Obama’s new free speech threat -
President Obama plans to issue an executive order Wednesday giving the Treasury Department authority to freeze the U.S.-based assets of anyone who “obstructs” implementation of the administration-backed political transition in Yemen.

The unusual order, which administration officials said also targets U.S. citizens who engage in activity deemed to threaten Yemen’s security or political stability, is the first issued for Yemen that does not directly relate to counterterrorism.

Being Tracked With Your License Plate

In Massachusetts, A Registry of Everywhere You’ve Ever Driven?

<tt>"In Massachusetts, A Registry of Everywhere You’ve Ever Driven?--"As license 
plate location data accumulates, the system ceases to be simply a mechanism
enabling efficient police work and becomes a warrantless tracking tool, enabling
retroactive surveillance of millions of people."</tt>

Mandatory Black Box in Your Car in 2015

Senate OKs mandatory black boxes in cars for 2015, House expected to follow
This raises the specter of government snooping, of course. The Senate version at least specifies that the data contained in the little electronic box is actually owned by the owner of the vehicle, according to the report. Johnny Law can still come around with a warrant to gain access to it, however, and first responders and paramedics would be able to do so without the warrant, provided they needed the information to respond to the emergency.

1 acre of hemp can make as much paper as 4.1 acres of trees, and that hemp fiber to make paper can be yielded in 90 days whereas tree paper comes from trees that take 15-50 years to grow.

Byzantine Trade Law Insanity

There is a law in America where importing toys resembling humans are  taxed higher than those that do not; Marvel successfully argued in court that  because their X- men action figures are mutants, they should be exempt from the  tax. - How Trade Policy Cost The X-Men Their Humanity
"It's remarkable, incidentally, the extent to which the politics of "trade deals" have gotten away from the fundamental issues of free trade as seen in an economics textbook. What we have here is a federal 12% sales tax on dolls, but only if the dolls are made in foreign countries, and a different -- arbitrarily lower -- 6.8% federal sales tax on toys, but again only if the toys are made in foreign countries."

House Passes Law to Give Israel Blank Check

House Passes Stealth Legislation by Philip Giraldi --

<tt>"House bill basically provides Israel with a blank check drawn on the U.S. 
taxpayer to maintain its “qualitative military edge” over all of its neighbors

U.S. lets China bypass Wall Street for Treasury orders | Reuters

Exclusive: U.S. lets China bypass Wall Street for Treasury orders | Reuters
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.

Monday, January 16, 2012

Sunday, April 10, 2011

Iceland Shows America How Capitalism Works

Iceland Again Rejects Debt Deal -
Iceland faces more economic uncertainty and a drawn-out European court case after its voters rejected for a second time a plan to repay $5 billion to Britain and the Netherlands from a bank crash.

Anti-US sentiment is 'rife' in Afghanistan and Pakistan

BBC News - Anti-US sentiment is 'rife' in Afghanistan and Pakistan
The deaths of 25 Afghans after nearly a week of anti-American rioting in a dozen cities across the country - coupled with a steady stream of anti-American demonstrations across Pakistan over several issues - signal new challenges for the US-led Western alliance as it tries to stabilise the region and pull its forces out of Afghanistan.

Is this really making us "safer?"

Saturday, March 26, 2011

US Finances Rank Near Worst in the World: Study

US Finances Rank Near Worst in the World: Study - CNBC
In the Sovereign Fiscal Responsibility Index, the Comeback America Initiative ranked 34 countries according to their ability to meet their financial challenges, and the US finished 28th, said David Walker, head of the organization and former US comptroller general.

"We think it is important for the American people to understand where the United States is as compared to other countries with regard to fiscal responsibility and sustainability," Walker said in a CNBC interview. "Americans are used to rankings and they're used to ranking very high, but frankly in this area we rank very low."

General Electric Paid NO TAXES on $14.2 billion in Profits

G.E.’s Strategies Let It Avoid Taxes Altogether -
"The company reported worldwide profits of $14.2 billion, and said $5.1 billion of the total came from its operations in the United States.

Its American tax bill? None. In fact, G.E. claimed a tax benefit of $3.2 billion."

Dems and Repubs, the system is corrupt.  Do you see this yet?  The complex tax laws benefit those that can hire lawyers and accountants to find loopholes in those laws (the ones their lobbyists inserted into the laws).  Can you see this?  Simple systems close loopholes and promote equality.  A flat tax.  Simple laws.  Why do you all seem to think overly complex bureaucracy is somehow a virtue?

Let's Compare Candidate Obama to President Obama, Shall We?

Flashback 2007: Sen. Joe Biden: I Would Immediately Initiate Impeachment Proceedings Against Bush If He Attacked Iran Without Congressional Approval

What about Libya now, Joe?

Joe Biden: War Without Congressional Authorization Should Warrant IMPEACHMENT

General Wesley Clark Saying Plans for Iraq War in Place 5 Days After 9-11

Thursday, March 24, 2011

One reason for the sky-high unemployment rates may be that 65 million Americans, or nearly 1 in 4 adults, have a criminal record

Help wanted — sixty-five million need not apply - Yahoo! News
"Sixty-five million Americans—or one in four adults—have a criminal record. But employers—including major companies like Bank of America, Omni Hotel, and Domino's Pizza—routinely post job ads on Craigslist that explicitly exclude such applicants, according to a new report conducted by the National Employment Law Center (NELP), a labor-affiliated advocacy group."

If you make enough laws, we're all criminals.  Non-violent drug offenses account for a huge number of these "criminals."  Isn't it obvious to everyone that the negatives of America's drug puritanism far outweigh the positives?  Come on people!

Friday, March 18, 2011

How American multinational corporations avoid paying billions in taxes

How Offshore Tax Havens Save Companies Billions : NPR
"The top corporate income tax level in the United States is 35 percent. In the United Kingdom, it's 28 percent. But in Ireland, it's only 12.5 percent, and in Bermuda there's no corporate income tax at all. That means multinational companies that shift their earnings through Ireland or Bermuda can save billions of dollars in taxes each year.

On today's Fresh Air, Bloomberg News reporter Jesse Drucker, who has written extensively about corporate tax-dodging, explains how companies like Google, Pfizer, Lilly, Oracle, Facebook and Microsoft have managed to reduce their tax rates by hundreds of millions — and in some cases, billions — of dollars by taking advantage of offshore tax havens.

In October, Drucker reported that Google had saved $3.1 billion in taxes in the past three years by shifting the majority of its foreign profits into accounts in Ireland, the Netherlands and Bermuda using financial techniques called "the Dutch Sandwich" and "the Double Irish" arrangement. Basically, he says, Google credited its Irish office with the majority of its non-U.S. sales revenue — and then shuttled that money through various subsidiaries located in Ireland and other countries to save billions in taxes."

This is important to read for a couple reasons.  First, realize that in an Internet world, relocating a corporate entity is a simple click of some mouse buttons.  Your talk about "saving jobs" and "stimulating the economy" is meaningless.  Those invisible barriers you call national boundaries don't trap capital inside.  Please get that through your thick skull.
Second, all you damn whining Republicans whining about how rich people and corporations pay an unfair share...please stop saying that.  It's bullshit.  Rich people and corporations pay lawyers and accountants to avoid the high tax rates you so often quote.  Here's yet another example.

Tuesday, March 15, 2011

Ken Burns' "Goldman Sachs: The Movie"

Marauding Gay Hordes Drag Thousands Of Helpless Citizens From Marriages After Obama Drops Defense Of Marriage Act

Marauding Gay Hordes Drag Thousands Of Helpless Citizens From Marriages After Obama Drops Defense Of Marriage Act | The Onion - America's Finest News Source
"WASHINGTON—Reports continue to pour in from around the nation today of helpless Americans being forcibly taken from their marital unions after President Obama dropped the Defense of Marriage Act earlier this week, leaving the institution completely vulnerable to roving bands of homosexuals. "It was just awful—they smashed through our living room window, one of them said 'I've had my eye on you, Roger,' and then they dragged my husband off kicking and screaming," said Cleveland-area homemaker Rita Ellington, one of the latest victims whose defenseless marriage was overrun by the hordes of battle-ready gays that had been clambering at the gates of matrimony since the DOMA went into effect in 1996. "Oh dear God, why did they remove the protection provided by this vital piece of legislation? My children! What will I tell my children?" A video communique was sent to the media late yesterday from what appears to be the as-yet unidentified leader of the gay marauders, who, adorned in terrifying warpaint, announced "Richard Dickson of Ames, Iowa. We're coming for you next. Put on something nice.""

Sunday, March 13, 2011

MUST READ: iPad price remark gets Fed's Dudley an earful

iPad price remark gets Fed's Dudley an earful - Yahoo! News
"Best not to cite the price of the new iPad as an example of why inflation isn't a problem when you head into a working-class neighborhood.

In Queens, New York, on Friday, New York Fed President William Dudley did just that. He got an earful.

After being bombarded with questions about food inflation, Dudley attempted to reassure his audience by putting rising commodity prices into a broader economic context -- but that only made matters worse.

"When was the last time, sir, that you went grocery shopping?" one audience member asked."

The reason to read this article carefully is because it shows two key things. One, it shows how out of touch the Fed is to everyday people's experiences. Two, it shows how their CPI, inflation, calculation has NOTHING to do with the price level of common household purchases. It is a highly manipulated and over-intellectualized calculation, used to manipulate greater macroeconomic policies.

Tuesday, March 8, 2011

Welfare State: Handouts Make Up One-Third of U.S. Wages

CNBC's Fast Money: Welfare State: Handouts Make Up One-Third of U.S. Wages - CNBC
"Government payouts—including Social Security, Medicare and unemployment insurance—make up more than a third of total wages and salaries of the U.S. population, a record figure that will only increase if action isn’t taken before the majority of Baby Boomers enter retirement."

So, you thought we were a free-market, capitalistic society, huh?

Ron Paul Interview On The Dylan Ratigan Show

How can people call this guy a nut? He is, by far, the most reasonable man in Washington. LIBERALS...please pay attention to the part where he says he would attack MILITARY SPENDING first. Notice that he says he wouldn't take away social spending all in one instant. He recognizes that it would have to be gradual, and people would have to get used to it.

Saturday, February 26, 2011

Nassim Taleb Ridicules Geithner Publicly And Accuses Krugman Of 'Stealing Assets From Your Grandchildren'

Ratigan: "We Spent Four Times More On Clinton's Blowjob Than We Did Investigating The Financial Crisis"

Monty Python- The Annoying Peasant

"Moistened bint" Lol!

Bernie Sanders On What Banking Should Be: "It's Clear Bernanke's Magic Money Printing Is Working, It's Just Unclear For Whom"

Visit for breaking news, world news, and news about the economy

Bernie asks the right question. For WHOM did the bailouts work?

Banks Boosts CEO Pay by 34% as Bailout Loans Go Unpaid

SunTrust Chief Executive Wells's Pay Rises 34% as Pension Valuation Climbs - Bloomberg
"SunTrust Banks Inc., the Georgia lender that has yet to repay $4.85 billion in taxpayer bailout funds, reported a 34 percent increase in Chief Executive Officer James Wells’s 2010 compensation."

Durnit!  If there were only someway we could get bad banks with evil management to go out of business so good banks would be the only ones surviving!  Hmmmm....I'll have to think about that....

Monsanto Shifts ALL Liability to Farmers in its Contracts

Monsanto Shifts ALL Liability to Farmers
"Monsanto's Technology Stewardship Agreement shifts responsibility to growers for any and all losses, injury or damages resulting from the use of Monsanto seeds. There is no expiration date on the contract. The grower may terminate the contract, but: "Grower's responsibilities and the other terms herein shall survive...""

Taxpayer-Owned Freddie Mac Loses $19.8 Billion In 2010

Taxpayer Owned Freddie Mac Loses $19.8 Billion In 2010 - Home - The Daily Bail
"The total bailout of Fannie and Freddie is likely to cost at least $260 billion (Robert Shiller says $1 trillion - CBO says $400b) by the time the government is done using them as landfills for the banks' fraudulently created assets. Of course, by the way that Tim Geithner does math, that amounts to a "profit" for taxpayers on the bank bailouts. Maybe he can explain how this works when he testifies before Congress next week."

Yeah, but it's SO worth it.  We definitely get $20 billion worth of utility out of Freddie Mac. (insert eye roll)

10 Health Insurance Companies Get ObamaCare Waivers -- for Their Own Employees

Activist Post: 10 Health Insurance Companies Get ObamaCare Waivers -- for Their Own Employees
"The Department of Health and Human Services (HHS) has granted waivers to 10 health insurance companies, including giants such as Cigna and Aetna and divisions of Blue Cross Blue Shield, from the requirements of the new health care law, also known as ObamaCare."

More cronyism and favoritism handed down by the king....

True Cost Of The Wall Street Bailout $12.8 Trillion - PBS VIDEO

The solution in Afghanistan: Get out

James P. McGovern and Walter B. Jones - The solution in Afghanistan: Get out - The Washington Post
"No one, it seems, wants to talk about the war in Afghanistan. This week the House debated a budget bill that is touted as reflecting new fiscal restraint, yet borrows tens of billions more for the war."

(James P. McGovern, a Democrat, represents Massachusetts's 3rd
Congressional District in the U.S. House. Walter B. Jones, a Republican,
represents North Carolina's 3rd Congressional District.)