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Posted on 26th April 2015 by Administrator in Economy |Politics |Social Issues



Posted on 25th April 2015 by Administrator in Economy |Politics |Social Issues

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Earlier this week I was making my normal daily commute through the badlands of West Philly on my way to work. I made my normal right turn onto Fairmont Avenue at 34th street, where the famous gated low income housing shangri la of Mantua Square is located. The hovels in the block before Mantua Square look like this:

Every third house is boarded up. Trash and garbage litter the streets. You rarely see a soul stirring, especially at 7:30 am. No one on this block hustling off to work. The buildings are literally falling down. As I’ve noted before, the median household income in this neighborhood is less than $19,000. More than a third of the people haven’t even graduated high school. The home values are less than $35,000, as if someone would actually buy in this neighborhood. The true unemployment rate is above 60%. Everyone is living on the government dole. This is truly a major encampment for the Free Shit Army.

But still, most of the cars parked on the streets are nicer than mine. There are BMWs, Cadillacs, Volvos, and numerous vehicles with new temporary tags in their rear windows. All of the hovels have Direct TV satellite dishes. The youths I see wandering the streets all have iPhones. Many are wearing Air Jordan sneakers. They get out of luxury automobiles to line up for free food every Thursday at the local church.


Hillary — Excess Baggage

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Posted on 26th April 2015 by Administrator in Economy |Politics |Social Issues


The silly season is upon us again. As usual the media is willing to allow their preferred candidate excess baggage. Unfortunately the laws of physics may override the media favor. The amount of excess baggage Hillary Clinton carries threatens to overwhelm the airplane. This  plane is badly overloaded with baggage and more is coming. It may not be able to lift off.


The New York Times Flips

The most recent revelation, reported in the NY Times, is that Hillary Clinton may have received cash for her foundation from Russia as the quid  in a quid pro quo in a uranium deal. The Washington Post is also all over this issue. Add this to a litany of almost thirty years of recorded baggage from Arkansas and Washington and one wonders why this woman believes she has a right to be president. Given what is still ahead in terms of expected new revelations, one wonders why Ms. Clinton does not just disappear into her dotage and spend time with her grandchild.

As with so many other things political, H. L. Mencken provided the answer:

one who is so stupid that the ideas of the mob are his own ideas, or one so far gone in charlatanry that he is unconscious of his shame. Our laws are made, in the main, by men who have sold their honour for their jobs, and they are executed by men who put their jobs above justice and common sense.



Millennials shun the new home sales market: in the face of tight inventory, why are builders not building new homes?


Posted on 26th April 2015 by Administrator in Economy |Politics |Social Issues

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Guest Post by Dr. Housing Bubble

One of the many interesting dynamics of the current housing market is the lack of new home sales and also, new home construction.  New housing construction tends to be a boom for the economy across all income levels.  Why?  People when buying a new home also tend to fill the house with the general crap that occupies a place (i.e., new beds, stoves, microwaves, televisions, etc).  This crap filling exercise sets off an avalanche of economic activity.  You also have construction and the inherent supplies that go into building a new McMansion.  Yet the new home buying audience in Millennials tends to be in a tighter economic position than their Taco Tuesday baby boomer parents.  For these reasons we have an unusually large number of grown adults living at home with parents.  It is highly doubtful that these grown adults are suddenly going to cause a surge in more expensive home buying.  But the new home buying that is happening is going to a smaller group of people pushing prices higher on a small amount of inventory.

New home sales dynamics

With inventory in the market still being tight, it is surprising but not shocking that home builders simply are not out in the market aggressively building homes.  You have this big group of younger adults but are they going to mimic the trend that followed the baby boomers?  That is the big question and so far it doesn’t seem to be the case.

Take a look at this chart:


Ukrainian analysis by the Saker: no hope for peace left


Posted on 26th April 2015 by Administrator in Economy |Politics |Social Issues

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Ukrainian analysis by the Saker: no hope for peace left

Today I will begin by quoting in full two posts from the blog of Colonel Cassad (we owe this translation to “SA” who has done it especially for this analysis literally overnight!):

About the intensity of the western “Voentorg”

Instructors from Canada have arrived to train Ukrainian security officers

The authorities of the Donetsk National Republic announce an increase in the number of foreign military instructors in the territory controlled by Ukraine.

– Today there are an immense number of instructors from different countries operating there. For example, 200 people came from Canada, and there are English and others. Now just counting those legally in the Ukrainian territory there are about 1,500 military instructors, who are not themselves fighting, but are instructing and training others. And this does not include illegal instructors, mercenaries, and special agents, – as Speaker of the National Council of the DNR Andrey Purgin described to the correspondent from RG. Judging by his words, foreign experts are conducting training in military science for members of sabotage groups and territorial battalions, who already “have their hands up to the elbow in blood”.

– Also there are mercenaries who are directly fighting on the side of the Ukrainian security officers. Generally they come from Georgia and join territorial battalions, which by the way is absolutely not permitted from the point of view of Ukrainian law. I do not know who is paying their salary. After all generally territorial battalions receive little, live on foraging, and engage in robberies, – says Andrey Purgin .

Let us remember that it was reported earlier that the Ukrainian side threw under Volnovakha 70 American mercenaries from the private US military company Academi.

“According to available data, on the territory controlled by the VSU, specifically in Volnovakha, the presence of 70 representatives of the private military company Academi was revealed. This company was named Blackwater previously”, – said the representative of the Ministry of Defence of DNR Edward Basurin. He also explained that mercenaries from this company carry out the orders of the US State Department at flashpoints, and are engaged in arms trafficking.


What’s Up With That 500 MILLION YEAR OLD Hammer??


Posted on 26th April 2015 by Stucky in Economy

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I recall one the first times I thought to myself — “We don’t crap about human history”.  I read about a map dating to somewhere around the 1500’s that showed the coastline of Greenland perfectly. Only thing is … that coastline is now under thousands of feet of ice, and the map was verified as accurate only with the use of high-tech ground-penetrating radar!  Global Warming …. that didn’t wipe out humanity or the animal kingdom!!  Are you listening Algore?

So, now we have this article;

It’s about the “Ooparts” phenomena …. aka, Out of Place Artifacts. These are artifacts which shouldn’t exist based upon currently accepted beliefs regarding our origins and history. Hence, they are “out of place” in the orthodox timeline of human history. Let me give you the author’s conclusion;

“Everything we have been taught in our schools and universities about our origin and history, is based upon nothing more than speculation and hypothesis. There is not a single provable fact out there that conclusively answers the question ‘where do we come from‘”

So, let’s look at some amazing Ooparts:

400 million year old hammer

The 500 Million Year Old Hammer

“In June 1936 Max Hahn and his wife Emma were on a walk beside a waterfall near to London, Texas, when they noticed a rock with wood protruding from its core. They decided to take the oddity home and later cracked it open with a hammer and a chisel. What they found within shocked the archaeological and scientific community. Embedded in the rock was what appeared to be some type of ancient man made hammer.


Gen. Petraeus: Too Big To Jail, Too Hypocritical To Shame


Posted on 26th April 2015 by Administrator in Economy |Politics |Social Issues


Guest Post by Ray McGovern at Consortium News

The leniency shown former CIA Director (and retired General) David Petraeus by the Justice Department in sparing him prison time for the serious crimes that he has committed puts him in the same preferential, immune-from-incarceration category as those running the financial institutions of Wall Street, where, incidentally, Petraeus now makes millions. By contrast, “lesser” folks – and particularly the brave men and women who disclose government crimes – get to serve time, even decades, in jail.

Petraeus is now a partner at KKR, a firm specializing in large leveraged buyouts, and his hand-slap guilty plea to a misdemeanor for mishandling government secrets should not interfere with his continued service at the firm. KKR’s founders originally worked at Bear Stearns, the institution that failed in early 2008 at the beginning of the meltdown of the investment banking industry later that year.

Gen. David Petraeus in a photo with his biographer/mistress Paula Broadwell. (U.S. government photo)

Despite manifestly corrupt practices like those of subprime mortgage lenders, none of those responsible went to jail after the 2008-09 financial collapse which cost millions of Americans their jobs and homes. The bailed-out banks were judged “too big to fail” and the bankers “too big to jail.”

Two years ago, in a highly revealing slip of the tongue, Attorney General Eric Holder explained to Congress that it can “become difficult” to prosecute major financial institutions because they are so large that a criminal charge could pose a threat to the economy – or perhaps what he meant was an even bigger threat to the economy.

Holder tried to walk back his unintended slip into honesty a year later, claiming, “There is no such thing as ‘too big to jail.’” And this bromide was dutifully echoed by Holder’s successor, Loretta Lynch, at her confirmation hearing in late January.

Words, though, are cheap. The proof is in the pudding. It remains true that not one of the crooked bankers or investment advisers who inflicted untold misery on ordinary people, gambling away much of their life savings, has been jailed. Not one.


Life on the Meat Bourse


Posted on 26th April 2015 by Administrator in Economy |Politics |Social Issues

Guest Post by Fred Reed

More Dykes than the Zeiderzee

We have suffered for decades now the squalling of arachnid feminists (if arachnids can squall), usually lesbians but sometimes more-or less-normal women. For a while, however inadvertently, they made a degree of sense. All decent people (I hope) have supported equal pay, equal opportunity, and such. Unfortunately feminism has been shaped by awful dykes who (thank god) will never have children and who hate men. Consequently they do not have the desire of the sexually normal to get along with people of the other flavor, to learn their quirks and live with them. Since many feminists look like fire plugs with leprosy, they would have little chance anyway.

Andrea Dworkin. Finally, a cure for self-abuse.

These horrors frequently give young women marital advice that often ends by making them miserable—usually meaning single and childless and too old to do anything about either.

As a forties-ish man in Washington DC years back, dating mid-thirties-ish women, I and my fellows in this condition saw in women consistent patterns. They were either divorced and back on the market, sometimes with children, or they were career women not yet married—and both were desperate to be so. Those who had chosen career over marriage were finding that work was not empowering as promised, but just work. They, like the divorced, knew that their looks were fading, that they were becoming—old women. They wanted husbands. Now.


Dramatic Images From The Mount Everest Avalanche


Posted on 26th April 2015 by Administrator in Economy |Politics |Social Issues

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Tyler Durden's picture

In the immediate aftermath of yesterday’s destructive Nepal earthquake, which has led to hundreds of aftershocks and a constantly rising death toll, currently exceeding 2000, the most visually stunning, if quite deadly, phenomenon was a massive avalanche on Mt. Everest and leading to at least 17 casualties, including a Google executive, and 61 injured.

According to Xinhua, the avalanche began Saturday on Mount Kumori, a 7,000-meter-high mountain just a few miles from Mount Qomolangma, also known as Mount Everest, gathering strength as it headed toward the base camp where climbing expeditions have been preparing to make their summit attempts in the coming weeks, he said. Numerous climbers may now be cut off on routes leading to the top of the world’s highest peak.

The avalanche plowed into a part of base camp, a sprawling seasonal village of climbers, guides and porters, flattening at least 30 tents, Tshering said. All of the dead and injured were at base camp.

For a sense of the base camp’s location relative to the rest of the world’s tallest mountain refer to the image below, taken from a May 2014 WSJ story discussing the “dangerous business” of Everest, when 16 sherpas died in what was previously the deadliest disaster in the mountain’s history.

Survivors reached over Internet messaging services described a scene of terror as the snow and ice roared through the nearby Khumbu Icefall and into the camp.

The nationalities of base camp victims were unclear as climbers described chaotic attempts to treat the injured amid fears of more landslides and aftershocks that continue to rattle the region. Chinese media “West China City Daily” reported that a Chinese climber and two Sherpa guides were among the dead.

Dan Fredinburg, a Google executive who described himself as an adventurer, was among the dead, Google confirmed. Lawrence You, the company’s director of privacy, posted online that Fredinburg was with three other Google employees hiking Mount Qomolangma. Fredinburg served as product manager and the head of privacy at Google X. has further details:

The avalanche — or perhaps a series of avalanches hidden in a massive white cloud — plowed into a part of base camp, a sprawling seasonal village of climbers, guides and porters, flattening at least 30 tents, Tshering said. All of the dead and injured were at base camp.


Survivors reached over Internet messaging services described a scene of terror as the snow and ice roared through the nearby Khumbu Icefall and into the camp.


Azim Afif, the 27-year-old leader of a climbing team from University of Technology Malaysia, said in an interview on the service WhatsApp that his group was in a meal tent waiting for lunch when suddenly the table and everything around them began shaking.


When they ran outside, they saw “a wall of ice coming towards us,” and heard the cries of Sherpa guides shouting for people to run for their lives, he wrote. “We just think to find a place to hide and save our life.”


The small team planned to sleep together Saturday night in one large tent “to make sure if anything happen, we are together,” Afif said. Quickly, though, climbing teams scattered across the camp and began to work together to search for survivors.


Gordon Janow, the director of programs for the Washington-based guiding outfit Alpine Ascents International, said from Seattle that his team had come through the avalanche unscathed. Their first goal was to deal with the devastation at base camp, he said, and they would then try to create new routes to help climbers stuck above the treacherous Khumbu Icefall. The icefall, which is just above base camp, is a key route up the lower part of Everest.


“Everybody’s pretty much in rescue mode, but this is different from some independent climbing accident where people can be rescued and taken somewhere else,” Janow said. “I don’t know where somewhere else is.”

Follow some truly epic photos as the avalanche was headed toward base camp…




Posted on 26th April 2015 by Administrator in Economy |Politics |Social Issues

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Peaceful black protest in Baltimore yesterday. Police kill a black guy in custody. The standard black reaction is to loot and destroy businesses. Obama won’t say a word about the black lawlessness, but he will sick his lapdog attorney general after the police. Standard operating procedure. Que Al Sharpton and Jesse Jackson.



Posted on 26th April 2015 by Administrator in Economy |Politics |Social Issues

“If the right to vote were expanded to seven year olds … its policies would most definitely reflect the ‘legitimate concerns’ of children to have ‘adequate’ and ‘equal’ access to ‘free’ french fries, lemonade and videos.”

Hans-Hermann Hoppe, Democracy–The God That Failed: The Economics and Politics of Monarchy, Democracy, and Natural Order

“No, the state is anything but the result of a contract! No one with even just an ounce of common sense would agree to such a contract. I have a lot of contracts in my files, but nowhere is there one like this. The state is the result of aggressive force and subjugation. It has evolved without contractual foundation, just like a gang of protection racketeers. And concerning the struggle of all against all: that is a myth.”

Hans-Hermann Hoppe

“First, with the establishment of a state and territorially defined state borders, “immigration” takes on an entirely new meaning. In a natural order, immigration is a person’s migration from one neighborhood-community into a different one (micro-migration). In contrast, under statist conditions immigration is immigration by “foreigners” from across state borders, and the decision whom to exclude or include, and under what conditions, rests not with a multitude of independent private property owners or neighborhoods of owners but with a single central (and centralizing) state-government as the ultimate sovereign of all domestic residents and their properties (macro-migration). If a domestic resident-owner invites a person and arranges for his access onto the resident-owner’s property but the government excludes this person from the state territory, it is a case of forced exclusion (a phenomenon that does not exist in a natural order). On the other hand, if the government admits a person while there is no domestic resident-owner who has invited this person onto his property, it is a case of forced integration (also nonexistent in a natural order, where all movement is invited).”

Hans-Hermann Hoppe

“The state must answer these questions, too, but whatever it does, it does it without being subject to the profit-and-loss criterion. Hence, its action is arbitrary and necessarily involves countless wasteful misallocations from the consumer’s viewpoint. Independent to a large degree of consumer wants, the state-employed security producers instead do what they like. They hang around instead of doing anything, and if they do work they prefer doing what is easiest or work where they can wield power rather than serving consumers. Police officers drive around a lot, hassle petty traffic violators, spend huge amounts of money investigating victimless crimes that many people (i.e., nonparticipants) do not like but that few would be willing to spend their money on to fight, as they are not immediately affected by them. Yet with respect to what consumers want most urgently—the prevention of hardcore crime (i.e., crimes with victims), the apprehension and effective punishment of hard-core criminals, the recovery of loot, and the securement of compensation of victims of crimes from the aggressors—the police are notoriously inefficient, in spite of ever higher budget allocations.”

Hans-Hermann Hoppe




Posted on 26th April 2015 by Administrator in Economy |Politics |Social Issues

Political Cartoons by Steve Breen

Political Cartoons by Bob Gorrell

Political Cartoons by Jerry Holbert

Political Cartoons by Henry Payne

Political Cartoons by Nate Beeler



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Posted on 26th April 2015 by Administrator in Economy |Politics |Social Issues

Hat tip i95east