Super Bowl 50 – What Has Changed in the US Since 1967

11 comments

Posted on 6th February 2016 by Administrator in Economy

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Please note that men’s REAL median income has gone up by only 9% over the last 50 years, and that is using the blatantly fake CPI calculation. Using a true measure of inflation would reveal that men make less money today than they did in 1967. And the MSM & corrupt politicians wonder why so many people are so pissed off.

Infographic: Super Bowl 50 - What Has Changed in the US Since 1967 | Statista
You will find more statistics at Statista


Comments on a Funeral

7 comments

Posted on 6th February 2016 by SSS in Social Issues

“Funeral services will be held today in Kanab, Utah, for LaVoy Finicum, the rancher killed last month during the occupation of the Malheur Wildlife Refuge in Oregon.”
—-AP

Has anyone noticed that, out here in Josey Wales country, the natives are getting restless? And I don’t mean Chief Ten Bears and his merry band of pissed off Comanches. I’m referring to the ranchers and farmers who are fed up with the federal government, particularly the Bureau of Land Management and the EPA.

And guess who many of these ticked folks are? They’re Mormons. That’s right. Cliven Bundy and sons are Mormon, as was LaVoy Finicum, who will be laid to rest today. Live-and-let-live, law abiding Mormons who, for generations, quietly built thousands of small, lovely communities in a land belt stretching from Arizona through Nevada and Utah into Idaho. Places where they could live in peace, work hard, practice their religion without harassment (that’s why they moved to the West from the intolerant Northeast in the first place), and raise their families.

I’ve been to dozens of these Mormon communities, including Kebab. Eaten at their mom and pop restaurants (tasty, home style cooking) and stayed at their locally owned motels (always clean and comfortable). These communities are extremely safe and well maintained. For the most part the homes are modest, but they are framed with flowers, well kept lawns, and the ubiquitous garden in back. The pride of the residents who live there literally screams that pride to visitors. It is solid testimony to the word “community.”

The Mormons are among the people who are getting very angry and defiant. Very. And that’s not a good sign.


Russian men beat up refugees, send them to hospital for molesting women outside club: report

6 comments

Posted on 6th February 2016 by Administrator in Economy

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Hat tip Francis Marion

Via The Rebel

While a lot of European men are wearing skirts and practically begging refugees not to sexually assault women, Russian men are sticking to wearing pants.

A group of 51 refugees were harassing women outside a night club in Murmansk, Russia. According to Daily Caller, the scene resembled that of Cologne attack on New Year’s Eve.

These same refugees were previously ordered to leave Norway for their ‘bad behaviour’.

When Russian men spotted the group of Muslim migrants harassing women, they took matters into their own hands. Despite trying to flee, the Russian men caught up to them and gave them a beating so bad 18 of them had to be taken to the hospital.

When police arrived on the scene, 33 of the refugees were arrested.

Oh, and they decided to let the beatings slide and not file a report.

It’s a sad day when Russians are showing the rest of the world how to protect women.


The World’s Most Famous Case of Deflation

6 comments

Posted on 6th February 2016 by Administrator in Economy

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Courtesy of: The Money Project


Utah Fusion Center Warns Cops: Watch Out for Don’t-Tread-on-Me Flags

8 comments

Posted on 6th February 2016 by Administrator in Economy

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If you believe in the Constitution and liberty you are considered a terrorist by the Surveillance State and their 2nd responder thugs. I have a Gadsden flag from the Ron Paul campaign in 2008. I guess myself and Ron Paul are terrorists in their eyes.

Via Reason

With LaVoy Finicum’s funeral being held today, Utah police are on the lookout for “armed extremists.” What sort of advice are they getting?

Funeral services will be held today in Kanab, Utah, for LaVoy Finicum, the rancher killed last month during the occupation of the Malheur Wildlife Refuge in Oregon. In a bulletin distributed this week to cops across the region, the Utah Statewide Information and Analysis Center—one of the dozens of intelligence-sharing “fusion centers” around the country that get funds from the Department of Homeland Security—warns that “extremists may utilize such a high profile funeral for media attention or to further ideological beliefs.” Although “no credible threats to law enforcement are present at this time,” the authors still think police should be wary: “Caravans of individuals traveling to the funeral services may be comprised of one or more armed extremists. Law enforcement should remain vigilant and aware that confrontation with these potentially volatile persons, may include more than one individual. These individuals may adhere to a sovereign citizen ideology, and may not recognize law enforcement as a legitimate authority.”

The report includes several “visual indicators” to help police determine whether they’re dealing with “extremist and disaffected individuals.” These range from images associated with specific political groups, such as the Oath Keepers and Three Percenters, to a more generic patriotic symbol, the Gadsden flag—a famous Revolutionary War banner featuring a coiled rattlesnake and the slogan “Don’t Tread on Me.” One of the “indicators” is a slightly altered version of a picture popular with fans of the Grateful Dead; the guide does not note this potential source of confusion, describing it only as “common sovereign citizen imagery.”


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California renter apocalypse

19 comments

Posted on 6th February 2016 by Administrator in Economy

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Guest Post by Dr. Housing Bubble

The rise in rents and home prices is adding additional pressure to the bottom line of most California families.  Home prices have been rising steadily for a few years largely driven by low inventory, little construction thanks to NIMBYism, and foreign money flowing into certain markets.  But even areas that don’t have foreign demand are seeing prices jump all the while household incomes are stagnant.  Yet that growth has hit a wall in 2016, largely because of financial turmoil.  We’ve seen a big jump in the financial markets from 2009.  Those big investor bets on real estate are paying off as rents continue to move up.  For a place like California where net homeownership has fallen in the last decade, a growing list of new renter households is a good thing so long as you own a rental.  The problem of course is that household incomes are not moving up and more money is being siphoned off into an unproductive asset class, a house.  Let us look at the changing dynamics in California households.

More renters

Many people would like to buy but simply cannot because their wages do not justify current prices for glorious crap shacks.  In San Francisco even high paid tech workers can’t afford to pay $1.2 million for your typical Barbie house in a rundown neighborhood.  So with little inventory investors and foreign money shift the price momentum.  With the stock market moving up nonstop from 2009 there was plenty of wealth injected back into real estate.  The last few months are showing cracks in that foundation.

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This Amazing Blue Marble

7 comments

Posted on 6th February 2016 by Stucky in Economy

Full screen, baby. Turn up the sound.  And, enjoyFuck Doom.


Ron Paul: Ted Cruz is no libertarian

13 comments

Posted on 6th February 2016 by Administrator in Economy

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Via Politico

Now that Rand Paul is out of the race for the White House his father Ron Paul, who ran in 2008 and 2012, isn’t impressed by Ted Cruz’s attempts to pick up the “free market” libertarian banner.

“You take a guy like Cruz, people are liking the Cruz — they think he’s for the free market, and [in reality] he’s owned by Goldman Sachs. I mean, he and Hillary have more in common than we would have with either Cruz or Trump or any of them so I just don’t think there is much picking,” Paul said of the Texas senator on Fox Business’ “Varney & Company” on Friday.

Surprisingly, the elder Paul seemed more attracted to the views of Vermont Sen. Bernie Sanders, who is giving Hillary Clinton a run for her money in the Democratic primary.

“On occasion, Bernie comes up with libertarian views when he talks about taking away the cronyism on Wall Street, so in essence he’s right, and occasionally he voted against war,” the former Texas congressman said when asked if there was a candidate who was truly for the free market.

“It’s hard to find anybody — since Rand is out of it — anybody that would take a libertarian position, hardcore libertarian position on privacy, on the war issue and on economic policy,” Paul added.

“So I always say: You can search for a long time, but you’re not gonna find anybody in the Republican or Democratic primary that even comes slightly close to ever being able to claim themselves a libertarian,” he concluded.

Read more: http://www.politico.com/story/2016/02/ron-paul-ted-cruz-libertarian-218822#ixzz3zOowKjIk


Why The Bulls Will Get Slaughtered

8 comments

Posted on 6th February 2016 by Administrator in Economy

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Well, they got that right. Detecting that “parts of the U.S. jobs report for January seem fishy” MarketWatch offered this pictorial summary:

Needless to say, none of that stink was detected by Steve Liesman and his band of Jobs Friday half-wits who bloviate on bubblevision after each release. This time the BLS report actually showed the US economy lost 2.989 million jobs between December and January. Yet Moody’s Keynesian pitchman, Mark Zandi described it as “perfect”

Yes, the BLS always uses a big seasonal adjustment (SA) in January——so that’s how they got the positive headline number. But the point is that the seasonal adjustment factor for the month is so huge that the resulting month-over-month delta is inherently just plain noise.

To wit, the seasonal adjustment factor for the month was 2.165 million. That means the headline jobs gain of 151k reported on Friday amounted to only 7% of the adjustment amount!

Any economist with a modicum of common sense would recognize that even a tiny change in the seasonal adjustment factor would mean a giant variance in the headline figure. So the January SA jobs number cannot possibly reveal any kind of trend whatsoever—-good, bad or indifferent.

But that didn’t stop Beth Ann Bovino, US chief economist at Standard & Poor’s Rating Services, from dispatching the usual all is swell hopium:

“Today’s numbers are about momentum, so while 151,000 new jobs in January is below expectations and off pace from prior months, the data shows America’s recovery is continuing. Amid all the global economic turmoil and domestic market gyrations, positive job growth, the drop in the unemployment rate to 4.9%, and the uptick in wages show the U.S. is heading in the right direction.”

Actually, it proves none of those things. For one thing, the January NSA (non-seasonally adjusted) job loss this year of just under 3 million was 173,000 bigger than last January—-suggesting that things are getting worse, not better. In fact, this was the largest January job decline since the 3.69 million job loss in January 2009 at the very bottom months of the Great Recession.

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MEANWHILE….IN JAPAN

5 comments

Posted on 6th February 2016 by Administrator in Economy

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WAL-MART FREAKS OF THE WEEK

0 comments

Posted on 6th February 2016 by Administrator in Economy

1322

Guess she doesn’t need to buy anymore thongs!…Am I right? Because she is in the shoe section where they sell thong sandals. And her entire thong is showing….Right guys? Right? Ahhh forget all of you.

1320

I’m over my own confusion and now I just want to see what’s about to go down with a stuffed unicorn and a mannequin torso. Questions I won’t have answered that will ultimately cause my early aneurysm.

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Still Supporting Sanders? You’re Gonna Die (Broke)

8 comments

Posted on 6th February 2016 by Administrator in Economy

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Guest Post by Karl Denninger


It just never ends.

There are a lot of innumerate people in this nation, or worse, those who are just lazy.  Maybe they’re drunk, whether on booze or the “Obama’s gonna pay my gas and mortgage!” nonsense that political charisma gins up, or perhaps they’ve had a few too many tokes on a pipe.  Doesn’t matter, really.

What matters is that elections have consequences.  In the case of Sanders, his plan for “medical reform” will go nowhere, mostly because he won’t be able to pass it if elected.  And, frankly, I don’t think he’s electable.

If you want to know how well socialized medicine works in the United States, go ask a veteran about the VA.  Make sure you’re well out of range of thrown missiles first.

The “dream” of Medicare for everyone is just that — a dream.  Government interference in the health system, to the tune of one trillion dollars a year, is why we have the problems we have today.  It is that willful and intentional blindness to the acts of the entire industry, acts that are illegal virtually everywhere and, I suspect, could be prosecuted here as well if anyone in the government gave a damn, that leads to the majority of bankruptcies in this country — a majority that are caused by medical debt.

There are those who say that a free market doesn’t work.  Really?  Then why is it that in a free market medical system, right here in the United States, I can have a cardiac pacemaker implanted, with the device, for $11,400.  That’s not a guess, it’s a quote, just like it would be to change the brakes on your car.  Now try to get that price from your local “non-profit” or “for-profit” hospital.  Best of luck; you won’t be able to do it.

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