Muck’s Minute #11

28 comments

Posted on 22nd May 2015 by MuckAbout in Economy

Do You Think Our Government’s ever increasing War on Cash is Bull Shit?

 

One hears all sorts of rumors these days from TPTB that cash is outmoded and needs to be done away with entirely.  That way, instead of paying cash for anything, you must pay for it using a wee plastic card coupled to the Governments vast computer network to enable TPTB to monitor each and every purchase or sale, whether it is taxed or not and how much with just the tap of a key.

 

There will, under this system, absolutely no privacy whatsoever in any financial transaction from buying a pack of gum to making a down payment on a drilling rig lease or building a hotel.  The U.S. Government will be able to trace every penny that changes hands in this country to insure it can do several things:  One: not a cent of payable tax can be avoided.  Two: not one transaction between consenting adults can be consummated without the U.S. Government’s full knowledge of every detail, what the transaction was, where it was transacted, down to the penny of any payments or receipts made and whether taxes were paid on the transaction.  A number of other “data mining” benefits will accrue to the Government as more are thought up.

 

Bah! You say (or think).  Never happen and it would destroy capitalism and turn us all into little obedient citizens who cannot have anything to hide from the government whether we do or not.  Besides, it would be so hard to start and do it we may as well wait too hundred years for it to be accomplished.

 

Phooey.  It is being done today – right now – by J.P.Morgan Chase and for all I know other way To Big To Fail banks have already followed along.

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Muck’s Minute and a Half #10

61 comments

Posted on 20th May 2015 by MuckAbout in Economy

 

Let me tell you a tale of incompetence, hubris, anger and a near total failure of the medical system.

My sweetie of 58 years has several physical problems including spinal degeneration (a failed lumbar fusion included) and atrial fibrillation.  She wears a continuous feed morphine pain pump (embedded in her abdomen) to at least partially  manage the severe lower/middle back pain from the spinal degeneration and a pace maker to offset the lowered heart rate brought on by her a-fib medication.  i.e. one takes medicine to solve a problem which in itself causes two more problems which requires the implant of various devices to offset the side effects of the medication!)  Medical science has a long way to go, believe me!  (and this is NOT to denigrate the marvelous advances in medicine we have seen and enjoyed during our all too short life spans!!)

To put it mildly, my sweetie and I have had a few not so fun days of ring-around-the-doctor(s) and nurse(s) with merry-go-round-music playing (a lot of “duh’s” to provide the rhythem) and clown performances in the hall, not to mention yours truly coming with in inch – FIVE TIMEs – of being put into handcuffs and tossed in the local hoosegow.

Sound like an interesting story?  You judge for yourself.

Four days ago, Annette slipped into a-fib and for 24 hours, using the medication available to us, we tried to bring it under control.  Using the maximum allowable of meds suddenly drove her B.P. up into the high 170’s, old Dad rang the alarm bell and as it was 6 AM in the morning, I tucked her into the car and ferried her the three miles to the hospital rather than call an ambulance and wait-wait-wait for it.

(Gold Star here!) She was received at the ambulance entry with very fast care of the appropriate kind by very competent nurses and a retired male fireman who was converting to be a nurse for a second career!  Really nice people.  Except one.

As you all know, one of the first things they do at an ER (after making sure you’re alive) is inset an IV needle through which various saline solutions and medications may be administered.  A little twit of a tech (not a nurse) came in and , taking the wrong, easy and simple way out, started to insert the IV in Annette’s right (dominant arm) elbow joint.  I asked, very politely for her to locate it elsewhere so when, as would inevitably happen, she bent the elbow, the IV entry point would not come under stress.  I was informed by the twit that she knew far more than I did on how and where to put it and would I butt out (no please).  The only way I could have kept her from taking the easy (and wrong) way out was to physically restrain her (this is the #1 incident where I could have found myself, at minimum) ejected from the hospital.  MORE on this later).

Immediate room availability, Annette wired for sound, monitor pinging in the background and paper work done we then waited and waited and waited. And waited and waited.  I went to the nurses station and asked what was going on and was informed that they were waiting (too) for the Boston Scientific Rep. (Boston Sci. manufactures Annette’s pace maker) to drive down from Ocala which small city is 40 miles North of us down a very traffic full highway) to “interrogate her pacemaker”.  No, our very large hospital had no equipment, capability or knowledge to interrogate the pacemaker to see if it; A. was working; or B. needed adjustment.  I’m glad we were not in the middle of the desert somewhere.

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WAL-MART FREAKS OF THE WEEK

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Posted on 23rd May 2015 by Administrator in Economy |Politics |Social Issues

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A little celebration of America on this edition of “Who Wears it Better?” So I’ll leave it to you people – which gender rocks it out harder for Memorial Day?

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It’s not often the crack of someone’s ass is that patriotic, but we always salute the red, white & blue.

600

Gonna be tough to toast those buns this weekend without some serious charcoal briquettes! I’m talking super-sized baby!

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QUOTES OF THE DAY

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Posted on 23rd May 2015 by Administrator in Economy |Politics |Social Issues

“And finally, in our progress towards a resumption of work, we require two safeguards against a return of the evils of the old order. There must be a strict supervision of all banking and credits and investments. There must be an end to speculation with other people’s money.”

Franklin Delano Roosevelt, First Inaugural Address, 4 March 1933

“You know, I think many people have the mistaken impression that Congress regulates Wall Street. In truth that’s not the case. The real truth is that Wall Street regulates the Congress.”

Bernie Sanders

“In poor countries, officials receive explicit bribes; in D.C. they get the sophisticated, implicit, unspoken promise to work for large corporations.”

Nassim Nicholas Taleb, The Bed of Procrustes


 

NEVER AGAIN

5 comments

Posted on 23rd May 2015 by Administrator in Economy |Politics |Social Issues

Thank God for Motrin and coffee. When the bartender at the Shamrock tells you the place is closing and Billy Jack is already home in bed, you know you’ve stayed too long. We’re sure these headaches will go away soon. Stop yelling.


ALT J

1 comment

Posted on 23rd May 2015 by Yojimbo in Economy

I find this band groundbreaking and stunning. I hope you do too.

I thank God for Admin and TBP.


CAN YOU THINK OF BETTER WAYS TO SPEND $5.7 BILLION?

16 comments

Posted on 22nd May 2015 by Administrator in Economy |Politics |Social Issues

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Do you need any more proof that the Zionists control and own Congress? How can a country running $700 billion deficits give $5.7 billion per year to other countries so they can blow shit up? Our leaders couldn’t possibly be trying to create chaos, war, and turmoil throughout the world in order to keep the military industrial complex flush with profits. Right?

Every year, the US Department of State hands out nearly $6 billion of military aid to countries around the world. In 2014, Egypt received a quarter of that total while Israel received more than all the other 74 countries combined. Read more in Statista’s latest feature in the Independent.

Infographic: US military aid: Israel gets more than everyone else combined | Statista

You will find more statistics at Statista

ISIS DRILL TEAM MEMBER

21 comments

Posted on 22nd May 2015 by T4C in Economy

NO COMMENT NECESSARY.

 


Today’s CPI Lesson: The Fed’s 2% Inflation Target Is Completely Stupid

0 comments

Posted on 22nd May 2015 by Administrator in Economy |Politics |Social Issues

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The madness of the Fed’s pending 81 month run of zero interest rates comes down to an inflation subterfuge that has no logical or empirical grounding in real world economics. Essentially, the Keynesians who currently inhabit the Eccles Building have turned all of central banking’s anti-inflation history on its head, saying, instead, that there is not enough of it to create optimum economic growth and wealth; and, besides, the CPI is running below the 2% target—so prolonging the free money gravy train can’t do much harm.

Every part of that proposition is dead wrong. To wit, free money does immense harm by fueling rampant carry trade speculation; there is zero evidence that 2% inflation results in any more growth than 1% or even 0% inflation; and, as an empirical matter, there is plenty of inflation in the US economy and has been during the entire past 15 years of rampant money printing designed to stimulate more growth.

Still, real final sales in the US economy have grown at only a 1.8% rate since the year 2000, or by just half of the 3.5% rate recorded for the prior 46 years. But that downshift is not in any way attributable to inflation missing the allegedly optimum 2% target. In fact, during the last 15 years the CPI has increased at an average rate of exactly 2.18%.

So where’s the beef or rather the allegedly missing beef? Well, the monetary high priests hold that the PCE deflator, not the CPI, is the correct measure of inflation because it takes better account of changing consumer preferences or weighting shifts in the market basket of what people buy. That is, it captures their shifting to chicken, tuna or spam when they can’t afford steak.

Yet its hard to believe that the scant daylight shown in the chart below accounts for the drastic deterioration of economic growth during the last 15 years. In other words, we have had 2% inflation on the most commonly used measuring stick—-so what’s wrong with the ruler?

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WANNA DANCE?

5 comments

Posted on 22nd May 2015 by Administrator in Economy |Politics |Social Issues


FBI Confirms No Major Terrorism Cases Cracked via Unconstitutional Patriot Act Phone Spying

3 comments

Posted on 22nd May 2015 by Administrator in Economy |Politics |Social Issues

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Guest Post by Michael Krieger 

Screen Shot 2015-05-22 at 11.21.19 AM

FBI agents can’t point to any major terrorism cases they’ve cracked thanks to the key snooping powers in the Patriot Act, the Justice Department’s inspector general said in a report Thursday that could complicate efforts to keep key parts of the law operating.

Inspector General Michael E. Horowitz said that between 2004 and 2009, the FBI tripled its use of bulk collection under Section 215 of the Patriot Act, which allows government agents to compel businesses to turn over records and documents, and increasingly scooped up records of Americans who had no ties to official terrorism investigations.

– From the Washington Times article: FBI Admits No Major Cases Cracked with Patriot Act Snooping Powers 

Back in 2013, as debate about the Snowden revelations was at its zenith, I published a post titled NSA Chief Admits “Only One or Perhaps Two” Terror Plots Stopped by Spy Program. Here’s an excerpt:

The Obama administration’s credibility on intelligence suffered another blow Wednesday as the chief of the National Security Agency admitted that officials put out numbers that vastly overstated the counterterrorism successes of the government’s warrantless bulk collection of all Americans’ phone records.

Pressed by the Democratic chairman of the Senate Judiciary Committee at an oversight hearing, Gen. Keith B. Alexander admitted that the number of terrorist plots foiled by the NSA’s huge database of every phone call made in or to America was only one or perhaps two — far smaller than the 54 originally claimed by the administration.

“One or perhaps two.” Or perhaps zero. The guy has the nerve to say “perhaps.” How do you not know? What a bunch of lying assholes. How the heck does 54 turn into “one or two,” and I’ll tell you something else, I don’t believe the one or two figure for a minute. I mean there’s no way he would say “zero” when he is fighting to keep his petty little Stasi state intact. Furthermore, how about some details here. What was the one plot the NSA foiled? Some teenager throwing firecrackers on the White House lawn? These guys need to get lost already. From the Washington Times:

As time has passed and the years have gone by, it has become increasingly clear that the phone records collection program hasn’t stopped a single terror attack. In fact, a recently published report by the Justice Department’s inspector general admitted as much. This takes on increased significance with parts of the Patriot Act set to automatically sunset on June 1st.

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FRIDAY FAIL

11 comments

Posted on 22nd May 2015 by Administrator in Economy |Politics |Social Issues

funny-newspaper-fail-headline-juxtaposition

funny-fail-pic-ice-cream-paint-job

Probably bad News,robbery,stupid criminals,wtf

parenting,711,convenience store,slurpee,what

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DRINKING

4 comments

Posted on 22nd May 2015 by Administrator in Economy |Politics |Social Issues

Hat tip Boston Bob

Well ya see, Norm, it’s like this…. A herd of buffalo can only move as fast as the slowest buffalo. And when the herd is hunted, it is the slowest and weakest ones at the back that are killed first. This natural selection is good for the herd as a whole, because the general speed and health of the whole group keeps improving by the regular killing of the weakest members. In much the same way, the human brain can only operate as fast as the slowest brain cells. Excessive intake of alcohol, as we know, kills brain cells. But naturally, it attacks the slowest and weakest brain cells first. In this way, regular consumption of beer eliminates the weaker brain cells, making the brain a faster and more efficient machine. That’s why you always feel smarter after a few beers.
~Cliff Clavin

Alcohol May Be Man’s Worst Enemy
But The Bible Says Love Your Enemy
~ Frank Sinatra

That’s the problem with drinking, I thought, as I poured myself a drink…If something bad happens you drink in an attempt to forget; if something good happens you drink to celebrate; and if nothing happens you drink to make something happen. – Charles Bukowsk

The liver is evil and must be punished. – Author Unknown

I would kill everyone in this room for a drop of sweet beer. -Homer Simpson

Write drunk; edit sober. – Ernest Hemingway

I take every day one beer at a time, one beer every sip at a time. – Dennis Leary

Alcohol doesn’t solve your problems…but then, neither does milk. – W.C. Fields

When I read about the evils of drinking, I gave up reading.
~Henny Youngman

I have taken more out of alcohol than alcohol has taken out of me.
~Sir Winston Churchill
To alcohol, the cause of, and solution to, all of life’s problems.
~Homer Simpson

A woman drove me to drink and I didn’t even have the decency to thank her.
~W.C. Fields

Beer is living proof that God loves us and wants us to be happy.
~Benjamin Franklin

I hate to advocate drugs, alcohol, violence, or insanity to anyone, but they’ve always worked for me.
~Hunter S. Thompson

I feel sorry for people who don’t drink. When they wake up in the morning, That’s as good as they’re going to feel all day.
~Frank Sinatra

Here’s to a long life and a merry one
A quick death and an easy one
A pretty girl and an honest one
A cold beer and another one!
~Author Unknown