Ron Paul: Ted Cruz is no libertarian

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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

6 comments

Posted on 6th February 2016 by Administrator in Economy

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WAL-MART FREAKS OF THE WEEK

2 comments

Posted on 6th February 2016 by Administrator in Economy

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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)

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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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The Way of the Future

23 comments

Posted on 6th February 2016 by Administrator in Economy

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Guest Post by Martin Armstrong

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One of the more vital technological advancements has been developed locally in Philadelphia. They can grow all the necessary food without farmland from inside a warehouse that is completely free from genetic tinkering or chemical whatever. The owners of Metropolis Farms actually grow fresh produce all year long. Those interested in survival of the fittest, well here it is.

President Jack Griffin developed this technology and has been doing a bang-up job. It would probably not be a bad idea to set one up in a basement for the years ahead. As he explained, “The innovation here is density, as well as energy and water conservation.” Griffin continued, “We can grow more food in less space using less energy and water. The result is that I can replace 44,000 square feet with 36 square feet. When you hear those numbers, it kind of makes sense.”

This is the way of the future  — fresh food coming from your basement.


IKEA HAVING A SALE ON REFUGEE DOLLS

3 comments

Posted on 6th February 2016 by Administrator in Economy

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Via Knuckledraggin


HILLARY CLINTON WINS THE SUPERBOWL

8 comments

Posted on 6th February 2016 by Administrator in Economy

Via Investors.com

“Fukushima Class Disaster” – L.A. Gas Leak Spewing Lethal Levels Of Breathable Nuclear Material

14 comments

Posted on 6th February 2016 by Administrator in Economy

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Submitted by Mac Slavo via SHTFPlan.com,

In a breaking development that has been completely ignored by mainstream news sources, the leaking natural gas well near Los Angeles, California is now reportedly spewing lethal levels of radioactive material, according to a report from Steve Quayle and a group with expertise in nuclear material.

A leaking natural gas well outside Los Angeles is spewing so much naturally-occurring Uranium and Radon, that “breathable” radiation levels have hit “lethal levels” according to a Nuclear Expert group.

Hal Turner of Super Station 95 reports that the well is releasing 1.91 Curies (Ci) of radiation per hour.

This rogue well is spewing huge amounts of natural gas and about 1.91 curies an hour of natural radioactive material in the natural gas… 1.91 curies an hour is about 45.9 curies per day… It’s a really, really big leak.

 

A curie is a unit of measure in the U.S. to describe very large radioactive releases.

The French utilize a unit of measure called a Becquerel to measure radiation levels. A single Becquerel measures the activity of a quantity of radioactive material in which one nucleus decays per second.

To put things into perspective, Turner explains that a single Curie is equivalent to about 37 Billion Becquerels (Bq) of radiation:

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QUOTE OF THE DAY

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Posted on 6th February 2016 by Administrator in Economy

“In keeping silent about evil, in burying it so deep within us that no sign of it appears on the surface, we are implanting it, and it will rise up a thousand fold in the future. When we neither punish nor reproach evildoers, we are not simply protecting their trivial old age, we are thereby ripping the foundations of justice from beneath new generations.”

Aleksandr Solzhenitsyn, The Gulag Archipelago


FRIDAY FAIL

8 comments

Posted on 5th February 2016 by Administrator in Economy

bays-having-babies

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False Flags Are Just a Conspiracy Theor … Admitted Fact

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Posted on 5th February 2016 by Administrator in Economy

Presidents, Prime Ministers, Congressmen, Generals, Spooks, Soldiers and Police ADMIT to False Flag Terror

In the following instances, officials in the government which carried out the attack (or seriously proposed an attack) admit to it, either orally, in writing, or through photographs or videos:

(1) Japanese troops set off a small explosion on a train track in 1931, and falsely blamed it on China in order to justify an invasion of Manchuria. This is known as the “Mukden Incident” or the “Manchurian Incident”. The Tokyo International Military Tribunal found: “Several of the participators in the plan, including Hashimoto [a high-ranking Japanese army officer], have on various occasions admitted their part in the plot and have stated that the object of the ‘Incident’ was to afford an excuse for the occupation of Manchuria by the Kwantung Army ….” And see this.

(2) A major with the Nazi SS admitted at the Nuremberg trials that – under orders from the chief of the Gestapo – he and some other Nazi operatives faked attacks on their own people and resources which they blamed on the Poles, to justify the invasion of Poland.

(3) Nazi general Franz Halder also testified at the Nuremberg trials that Nazi leader Hermann Goering admitted to setting fire to the German parliament building in 1933, and then falsely blaming the communists for the arson.

(4) Soviet leader Nikita Khrushchev admitted in writing that the Soviet Union’s Red Army shelled the Russian village of Mainila in 1939 – while blaming the attack on Finland – as a basis for launching the “Winter War” against Finland. Russian president Boris Yeltsin agreed that Russia had been the aggressor in the Winter War.

(5) The Russian Parliament, current Russian president Putin and former Soviet leader Gorbachev all admit that Soviet leader Joseph Stalin ordered his secret police to execute 22,000 Polish army officers and civilians in 1940, and then falsely blamed it on the Nazis.

(6) The British government admits that – between 1946 and 1948 – it bombed 5 ships carrying Jews attempting to flee the Holocaust to seek safety in Palestine, set up a fake group called “Defenders of Arab Palestine”, and then had the psuedo-group falsely claim responsibility for the bombings (and see this, this and this).

(7) Israel admits that in 1954, an Israeli terrorist cell operating in Egypt planted bombs in several buildings, including U.S. diplomatic facilities, then left behind “evidence” implicating the Arabs as the culprits (one of the bombs detonated prematurely, allowing the Egyptians to identify the bombers, and several of the Israelis later confessed) (and see this and this).

(8) The CIA admits that it hired Iranians in the 1950′s to pose as Communists and stage bombings in Iran in order to turn the country against its democratically-elected prime minister.

(9) The Turkish Prime Minister admitted that the Turkish government carried out the 1955 bombing on a Turkish consulate in Greece – also damaging the nearby birthplace of the founder of modern Turkey – and blamed it on Greece, for the purpose of inciting and justifying anti-Greek violence.

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