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Tag: consequences
QUOTES OF THE DAY
“Consequences are unpitying.”
George Eliot
“Nemesis is long delayed sometimes, but it comes in the end.”
Agatha Christie
“Sooner or later everyone sits down to a banquet of consequences”
Robert Louis Stevenson
“It’s Unfair” – Hispanic Workers Upset After Being Fired For Absence On “Day Without Immigrants”
by Tyler Durden
The manager of the ironically named “I Don’t Care” Bar and Grill in Catoosa, Oklahoma is hiring…
After firing 12 staff last week for violating his “no call/no show” policy.
DERANGED CENTRAL BANKERS BLOWING UP THE WORLD
It is now self-evident to any sentient being (excludes CNBC shills, Wall Street shyster economists, and Keynesian loving politicians) the mountainous level of unpayable global debt is about to crash down like an avalanche upon hundreds of millions of willfully ignorant citizens who trusted their politician leaders and the central bankers who created the debt out of thin air. McKinsey produced a report last year showing the world had added $57 trillion of debt between 2008 and the 2nd quarter of 2014, with global debt to GDP reaching 286%.
The global economy has only deteriorated since mid-2014, with politicians and central bankers accelerating the issuance of debt. These deranged psychopaths have added in excess of $70 trillion of debt in the last eight years, a 50% increase. With $142 trillion of global debt enough to collapse the global economy in 2008, only a lunatic would implement a “solution” that increased global debt to $212 trillion over the next seven years thinking that would solve a problem created by too much debt.
Continue reading “DERANGED CENTRAL BANKERS BLOWING UP THE WORLD”
Unintended Consequences
Guest Post by Eric Peters
Ever wonder why people throw empty beer bottles out the window – rather than just throw them in the trash when they get home? Could any of it have to do with fear of being found in possession of an “open container” – and of the severe penalties that one would face in that event, even if one isn’t close to being legally “drunk” by the state’s own arbitrary standards (i.e., BAC level)?
I think so, yes.
Actions – including the state’s best-intentioned ones (giving them the benefit of the doubt) have consequences, not all of them foreseen and some of them contrary to what was (we assume) intended.
Revenue from motor fuels excise taxes – collected at the pump – are down because the government has been egging on the mass production of hybrid and electric cars, which use less gas. The more such vehicles there are on the road, the less tax revenue will be collected via motor fuels taxes. This, in turn, has led to talk of “drive-by-mile” taxing schemes, as a replacement for the taxes collected as a percentage of each gallon of gas we purchase.
What unintended consequences will “drive by mile” give birth to?
NO BUBBLE NO CONSEQUENCE NO SHIT
Via John Hussman