Pictorial Essay: How Chinese Sh*t Gets Here

51 comments

Posted on 3rd August 2015 by Stucky in Economy

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It gets here via BIG SHIPS.

The Maersk Triple-E class ships are the 2nd largest in the world.

—- 60,000 tons ….. enough steel for 185,489 Harley Davidson motorcycles

—- 1,313 feet long (just 7 feet shy of a QUARTER MILE) by 194 feet wide, and 243 feet high.

—- 165,000 metric tons deadweight

 

It’s capacity is 18,000 20-foot containers …. enough for 182 Million i-Pads.

18,000 containers would require a 69 mile long train … or, if stacked on top of each other, would reach 30 miles high …. or, if stacked in front of Blarney Rock Pub in NYC it would look like this …

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STRANGER IN A STRANGE LAND

53 comments

Posted on 1st August 2015 by Administrator in Economy |Politics |Social Issues

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“Thinking doesn’t pay. Just makes you discontented with what you see around you.”

Robert A. Heinlein, Stranger in a Strange Land

I wish I didn’t think when I travel to NYC. It only makes me discontented. My last article about New York City – Uneasy in NYC – produced a lot of commentary pro and con about New York. That two day trip last October was more eventful as we met world renowned financial mind David Stockman. When my son got notice he had to leave for Penn State this weekend to start his job as an RA (saving his old man $6,800 in rent), we decided to do something fun before he left. The choice was a one day sightseeing excursion to the Big Apple.

My wife plotted out the day and the boys and I just went along for the ride. The plan was to drive to the Hamilton Station and catch a NJ Transit train to Penn Station. We got up early and were on the road by 8:10. We should have been able to easily make the 9:22 express. Everything was going smoothly until we were ten miles from the station on Route 1. First there was an accident, then one car overheated in the left lane, then another car overheated in the left lane. We picked a day with a heat index of 100 degrees to go to New York.

We didn’t make the 9:22 express. We got the last spot in the parking lot about a quarter mile from the station. We made the 10:00 local. I expected a 50 year old piece of crap train with standing room only to pull into the station, but to my pleasant surprise a brand new double decker train with dozens of open seats pulled in. Life was good again. We got a four seat combo and settled in for our 1 hour and 15 minute trek to Penn Station. The family were pecking away on their iGadget phones while I started reading my tattered copy of Running Man, bought at the used book store – Hooked on Books – in Wildwood a few weeks ago.

It looked good for a 11:15 arrival until the engineer came over the loud speaker (which sounded like the teacher from Charlie Brown) and announced that a train had stalled in the tunnel and we’d be delayed for 30 minutes. The concept of on-time is meaningless in our paradise of crumbling infrastructure. As you get closer to New York, the decay comes into clear view. Dilapidated vacant factories covered in graffiti dot the landscape along the tracks. The disappearance of our manufacturing base is clearly evident. Instead of producing capital goods we produce financial derivatives, debt and despair. As you approach the tunnel into New York you see the Empire State building and off in the distance the new Liberty Tower, where you once saw the Twin Towers.

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Trump Tops Pre-Debate Polls, Slams Koch Conference Attendees As “Puppets”

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Posted on 4th August 2015 by Administrator in Economy |Politics |Social Issues

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Tyler Durden's picture

Another weekend of glad-handing and Sunday talk-shows and still The Donald dominates the GOP Presidential nominee race. With all eyes firmly glued on this week’s debate, Trump had a few choice words for those who attended the Koch brothers’ biannual conference (which he was not invited to), tweeting “I wish good luck to all the Republican candidates that traveled to California to beg for money etc. from the Koch Brothers… Puppets?” As WSJ reports, Mr. Trump poses a more delicate short-term challenge for the GOP, thanks to high name recognition, celebrity appeal and a populist message that taps a powerful anti-Washington vein.  “I don’t think you should underestimate how frustrated people are,” Florida Sen. Marco Rubio said Sunday during a lunch at the Koch gathering. “Mr. Trump has tapped into some of that.”

 

Still ahead…

 

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NSA: A Tax & Economics Espionage Agency

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Posted on 4th August 2015 by Administrator in Economy |Politics |Social Issues

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NSA

Anyone who thinks this is about terrorism is pathetically naive. The NSA is a top-notch Tax & Economic Espionage (TEE) organization; with terrorism so low on the agenda, it is laughable. You do not collect every phone call worldwide of billions of people to sort out even 100 terrorists. They store all that data and can input your name and wham – up pops everything. I am waiting for some smart lawyer in a divorce case to subpoena such a file to prove someone has been cheating to get a pile of money.

 

NSA-Utah

In theory, the existence of such files should be open to everyone just like the Nixon Tapes. They must have copies of all the emails Hillary erased to hide her dealings with foreign governments to get money for the pretend Clinton charity. They all exist. Why has someone not demanded that the NSA turn them over? Well, it would open the floodgate on everyone else. The NSA didn’t build that immense storage facility for nothing. They erase nothing – retain everything. They remembered their childhood songs of how Santa Claus knows everything and said gee, we can do that. So why is Congress or even Trump demanding the NSA turnover all her emails? Guess to they do not want to publicly admit Snowden was correct.

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LAST FLIGHT

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Posted on 4th August 2015 by Administrator in Economy |Politics |Social Issues

Via Knuckledraggin


The Plot to Destroy Nixon

4 comments

Posted on 4th August 2015 by Administrator in Economy |Politics |Social Issues

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Guest Post by Patrick J. Buchanan

In his new biography “Being Nixon: A Man Divided,” Evan Thomas concedes a point. Richard Nixon, he writes, “was not paranoid; the press and the ‘Georgetown set’ really were out to get him.”

Carl Bernstein’s review found Thomas’ book deficient in its failure to chronicle the “endemic criminality” of the Nixon presidency.

Yet, recent revelations suggest that “endemic criminality” is a phrase that might well be applied to the newsroom of The Washington Post when Bob Woodward and Bernstein worked there.

Consider. In “All the President’s Men,” Woodward and Bernstein admit that, in collusion with Post editors and with the approval of Post lawyers, they approached half a dozen Watergate grand jurors.

Admitting this was a “seedy venture,” they assured us no grand juror had violated his or her oath, and they got nothing.

Yet, from recent books by Jeff Himmelman about Ben Bradlee, Max Holland about Mark Felt, a.k.a. “Deep Throat,” and Geoff Shepard’s “The Real Watergate Scandal: Collusion, Conspiracy, and the Plot That Brought Nixon Down,” out today, the truth is otherwise.

Woodward and Bernstein deceived us about not breaching the grand jury.

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QUOTE OF THE DAY

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Posted on 4th August 2015 by Administrator in Economy |Politics |Social Issues

“Those among the rich who are not, in the rigorous sense, damned, can understand poverty, are capable of giving alms, perhaps, but are incapable of stripping their souls bare. They may be moved, accompanied by the sound of beautiful music, at Jesus’s sufferings, but His Cross, the reality of His Cross, will horrify them. They want it made all out of gold, bathed in light, costly and of little weight; pleasant to see, hanging from a beautiful woman’s throat.”

Léon Bloy


Washington’s Fifth Columns Inside Russia and China

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Posted on 3rd August 2015 by Administrator in Economy |Politics |Social Issues

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Guest Post by Paul Craig Roberts

It took two decades for Russia and China to understand that “pro-democracy” and “human rights” organizations operating within their countries were subversive organizations funded by the US Department of State and a collection of private American foundations organized by Washington. The real purpose of these non-governmental organizations (NGOs) is to advance Washington’s hegemony by destabilizing the two countries capable of resisting US hegemony.

Washington’s Fifth Columns pulled off “color revolutions” in former Russian provinces, such as Georgia, the birthplace of Joseph Stalin and Ukraine, a Russian province for centuries.

When Putin was last elected, Washington was able to use its Fifth Columns to pour thousands of protesters into the streets of Russia claiming that Putin had “stolen the election.” This American propaganda had no effect on Russia, where the citizen back their president by 89%. The other 11% consists almost entirely of Russians who believe Putin is too soft toward the West’s aggression. This minority supports Putin as well. They only want him to be tougher. The actual percentage of the population that Washington has been able to turn into treasonous agents is only 2-3 percent of the population. These traitors are the “Westerners,” the “Atlantic integrationists,” who are willing for their country to be an American vassal state in exchange for money. Paid to them, of course.

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Rewriting the History of the Financial Crises and the Repeal of Glass-Steagall

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Posted on 3rd August 2015 by Administrator in Economy |Politics |Social Issues

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Guest Post by Jesse

In December 1996, with the support of Chairman Alan Greenspan, the Federal Reserve Board issues a precedent-shattering decision permitting bank holding companies to own investment bank affiliates with up to 25 percent of their business in securities underwriting (up from 10 percent).

This expansion of the loophole created by the Fed’s 1987 reinterpretation of Section 20 of Glass-Steagall effectively renders Glass-Steagall obsolete. Virtually any bank holding company wanting to engage in securities business would be able to stay under the 25 percent limit on revenue. However, the law remains on the books, and along with the Bank Holding Company Act, does impose other restrictions on banks, such as prohibiting them from owning insurance-underwriting companies.

In August 1997, the Fed eliminates many restrictions imposed on “Section 20 subsidiaries” by the 1987 and 1989 orders. The Board states that the risks of underwriting had proven to be “manageable,” and says banks would have the right to acquire securities firms outright…

As the push for new legislation heats up, lobbyists quip that raising the issue of financial modernization really signals the start of a fresh round of political fund-raising. Indeed, in the 1997-98 election cycle, the finance, insurance, and real estate industries (known as the FIRE sector), spends more than $200 million on lobbying and makes more than $150 million in political donations. Campaign contributions are targeted to members of Congressional banking committees and other committees with direct jurisdiction over financial services legislation.

PBS Frontline: The Long Demise of Glass-Steagall

“It is difficult to get a man to understand something, when his salary depends upon his not understanding it.”

Upton Sinclair

The Glass-Steagall Law was enacted as a key reform in 1933, the depths of the Great Depression, in the overall effort to prevent the corruptions and abuses of the 1920’s from enabling such a dire result again.

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The World Explained In One Chart

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Posted on 3rd August 2015 by Administrator in Economy |Politics |Social Issues

Tyler Durden's picture

We could not have put it better – Progress indeed…

 

Source: @Not_Jim_Cramer

ANOTHER REASON I DESPISE BANKS

30 comments

Posted on 3rd August 2015 by Administrator in Economy |Politics |Social Issues

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Yesterday was a day from hell. A 14 hour ordeal moving my son into his apartment at Penn State Altoona. It included 8 hours of driving, rest stop food and the consequences thereof, battling the hoards of freaks at Wal-Mart, and the latest reason I despise banks.

I had Jimmy drive the entire trip so he could get used to the roads and the tedious boredom of driving on the PA Turnpike. Avalon followed with my youngest son in the car behind. It gave me plenty of time to impart my years of wisdom upon him. I’m sure he has already forgotten everything I said. And I had to listen to four hours of Phish.

All went smoothly and it was time to make a rest stop at the 2 hour mark just before Blue Mountain. The plan was to grab a quick bite to eat and complete the journey for a 1:00 pm arrival. The selection was limited. Either a personal pan pizza from Pizza Hut or something from Roy Rogers. I grabbed a box of pizza and they got Roy Rogers.

Within 30 minutes of departure there was a rumble in my tummy. The rumble became shooting pains. I guess you can screw up a pizza. For the last 90 minutes of the trip I was in various stages of discomfort. But, I gutted it out. When we arrived and got the key, I grabbed the case of toilet paper we brought and ran for the bathroom. And Jimmy’s new apartment was christened.

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WEST PHILLY STICK FAMILY

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Posted on 3rd August 2015 by Administrator in Economy |Politics |Social Issues

Via Knuckledraggin

680 ……. and counting

11 comments

Posted on 3rd August 2015 by Stucky in Economy

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That’s the number of copfuk killings this year.  I’m sure it’s just an anomaly. A small percentage. Most cops are just GR-R-R-R-REAT! Just ask bb.

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Keep track via this website —>  http://www.theguardian.com/us-news/ng-interactive/2015/jun/01/the-counted-police-killings-us-database#

When a citizen kills a copfuk, a massive manhunt ensues immediately. Pictures of the perp are posted Nationwide. States close roads and airports. Entire cities are locked down.  But, kill 5,000 Americans … and the MSM whorefuks don’t even report it.  Unless his name is Eric Garner.

See PCR article “Land of the Free? 5,000 Americans Killed by Cops since 9/11″ ————>  http://thefreethoughtproject.com/land-free-5000-americans-killed-cops-911/

They’re killing us like rats. One day the rats will bite back.