AS JANUARY GOES, SO GOES THE YEAR

Isn’t it funny how CNBC wasn’t blathering about how January finishes, that is how the year usually finishes. If stocks were up, with gold and silver down, Cramer, the shills and the bimbos would have been screaming it from the mountaintop. Stocks were down big in the 1st five days and the first month. Gold and silver were up big. Sounds of silence from the faux financial journalists, aka cheerleaders. Bond yields are crashing. Global recession has arrived. The storm is just beginning.

Via Jesse

GOVERNMENT THUGS REQUIRE PERMIT FOR KIDS TO SHOVEL SNOW

More laws. More regulations. More licenses. More permits. More taxes. More surveillance. More cameras. More government bureaucrats. More police. More military equipment. More tyranny. This is no different than how the English treated the colonists in the 1700’s. At what point do enough people say enough is enough?

Hat tip Boston Bob

Bound Brook cops stop teens seeking snow shoveling work

School was closed for the blizzard that wasn’t, but there was still enough snow on the ground that two Bridgewater-Raritan Regional High School seniors thought they could make a few extra bucks.

In the process, Matt Molinari and Eric Schnepf, both 18, also learned a valuable lesson about one of the costs of doing business: government regulations.

The two friends were canvasing a neighborhood near this borough’s border with Bridgewater early Monday evening, handing out fliers promoting their service, when they were pulled over by police and told to stop.

The story was shared on a popular Bound Brook Facebook group by a resident who saw Schnepf being questioned by police after coming to his door.

COOKE: Some laws have regrettable collateral damage

“Are you kidding me? Our generation does nothing but complain about his generation being lazy and not working for their money,” he wrote on Bound Brook NJ Events‘ page. “Here’s a couple kids who take the time to print up flyers, walk door to door in the snow, and then shovel snow for some spending money. And someone calls the cops and they’re told to stop?”

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10 OBSERVATIONS FROM AN OLD GUY

Comment from A Money Guy that deserved to be a post

1. Think for yourself. This is critical. There is truth out there, but you must wade through and discard all the adolescent internally inconsistent garbage put forth by today’s culture as guidance and then you must ignore your neighbors and friends who have all the answers and know what’s best. About everything. Well, they don’t. Most individuals in this culture are arrogantly ignorant, everybody having all the answers for everyone else. Think for yourself and trust your own conclusions. Just ignore the nonsense.

2. Work for yourself, and keep trying until you can get as close to that ideal as possible. If you go along to get along, you will always be under someone else’s thumb and they will keep you down and keep you poor.

3. Be born at the right time. I was born at the tail end of The Silent Generation, meaning when the culture still taught sound and fairly consistent moral values.

4. Love truth.

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Meet Loretta Lynch – Obama’s Attorney General Nominee Who Might Be Even Worse than Eric Holder

Submitted by Mike Krieger via Liberty Blitzkrieg blog,

On matters of policy, Ms. Lynch called capital punishment “an effective penalty” and said she disagreed with Mr. Obama’s statements that marijuana was no more harmful than alcohol. She called the National Security Agency’s collection of American phone records “certainly constitutional, and effective.”

 

– From the New York Times article: Criticism of Holder Dominates Hearing on Loretta Lynch, Attorney General’s Possible Successor

Eric Holder made a career out of protecting and coddling financial oligarchs (his 1999 memo essentially invented “Too Big to Jail”). This was such a lucrative decision for Mr. Holder, that it allowed him to climb all the way to the top of his profession. The dividends that supporting this man ultimately paid to Wall Street criminals were priceless. Not only were they bailed out despite wrecking the U.S. economy, they have since funneled all of the wealth gains since 2008 to themselves, while remaining above the law. This truly remarkable heist is what both Barack Obama and Eric Holder will be remembered for by history. Congratulations guys.

When Eric Holder announced his resignation, many of us breathed a sigh of relief thinking it can’t get much worse, but not so fast. The authoritarian streak and rampant cronyism of the Obama administration is a well oiled machine. You didn’t think you’d get off that easily did you? Enter Loretta Lynch.

I’ve touched upon Mrs. Lynch’s record previously, in the post, Wall Street Journal Reports Obama’s Attorney General Nominee Has Been Involved in $904 Million in Asset Forfeitures. Here’s an excerpt:

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The Top Ten Power Tool List

Guest Post by Hardscrabble Farmer

The bucket list of essential hand tools for the self sufficient life got a lot of positive feedback. It wasn’t designed for carpenters specifically, but for people who prefer to handle most of their own construction, repairs and homestead maintenance using their own two hands. Looking back on that list I came across some missing pieces, like putty knives, a set of micro screw drivers and channel locks, but in general it covered most everything you could ever need and it all fits in a single five gallon bucket- sweet!

What I did not cover, and the purpose of this list, is the primary power tools that would make it possible to complete virtually any project up to the size of a home or barn. I realize that while the first list could easily be put together for under a thousand dollars if each item were purchased brand new, most people either have a good start or could complete it with a couple of visits to local yard sales or a quick glance through craigslist for less than $200, not bad for a lifetime of self sufficiency, tool-wise.

To put together the following list requires both a broader skill set, more room and a considerable investment, especially if purchasing these tools in factory packaging. Locating them via second hand options provides a bigger challenge, especially considering manufacturer preference and size/age/condition. The former would likely run somewhere between $5-$7,000, the latter in the $2-$3,000 range a not inconsiderable investment. For those reasons alone I recommend that anyone interested be willing to consider if the long term plans for use would be worth the short term expense.

Since I don’t want to either promote or push any specific brand, suffice it to say that the most important consideration is how well the tools hold up under frequent use and how they ‘feel’ to the user. Over the years I have used virtually every brand available and my personal favorites are different for each tool; Makita makes the best Drill/Drivers, DeWalt the better table saw and miter saw, Milwaukee the best sawzall and impact tools. These determinations have been based on years of constant use, ergonomics, design and durability, etc. I suggest trying each tool out if possible and getting your hands around them at the very minimum.

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WAL-MART FREAKS OF THE WEEK

 282

Looks like someone is holding an x-ray machine up to half of your body. Remind me to punish them for doing that. Not healthy for any of us.

281

Can’t say I’m pro-infant tobacco use, but that pack of cowboy killers does somehow make him look cooler and tougher. Well played Marlboro. Well played.

279

Probably renting the Super Mario Brothers movie, am I right? Huh? Sorry it was the only movie about plumbers that I could think of.

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MUPPET BURGER

The Wall Street shysters really know how to slaughter muppets. They hyped the shit out of the IPO of a freaking burger joint for weeks. Shake Shack is a 63 restaurant chain with $85 million in sales and $3.5 million of profits, down 21% from 2013. This cutting edge company has this unheard of concept of selling burgers, hot dogs, shakes and fries to the obese ignorant masses. WOW!!! Sounds like a can’t miss.

The IPO price, for insiders, Wall Street executives, Washington politicians, and anyone with net worth over $1 billion was $21.

For the muppets, the stock opened at $47 per share and immediately surged to $52.50 within seconds. The muppets were piling into this sure thing. Then the Wall Street shysters pushed the sell button to lock in their easy profits.

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In Denmark You Are Now Paid To Take Out A Mortgage

How screwed up is the world when savers have to pay banks to keep their deposits and those same banks turn around and pay debtors on their mortgages? This will end badly.

Tyler Durden's picture

With NIRP raging in the Eurozone and over €1.5 trillion in European government bonds trading with negative yields, many were wondering when any of this perverted bond generosity will spill over to other debtors, not just Europe’s insolvent governments (who can only print negative interest debt because of the ECB’s backstop that it will buy any piece of garbage for sale in the doomed monetary union). In fact just earlier today we, rhetorically, asked a logical – in as much as nothing is logical in the new normal – question:

Who will offer the first negative rate mortgage

Little did we know that just minutes after our tweet, we would learn that at least one place is already paying homeowners to take out a mortgage. That’s right – the negative rate mortgage is now a reality.Thanks of Mario Draghi’s generosity with “other generations’ slavery”, and following 3 consecutive rate cuts by the Danish Central Bank, a local bank – Nordea Credit – is now offering a mortgage with a negative interest rate! This means, according to DR.dk, that Nordea have had to pay instead of charging interest to to a handful of customers, says housing economist at Nordea Kredit, Lise Nytoft Bergmann for Finance.

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The Middle East

Guest Post by Fred Reed

Telling Fact from Twaddle

Many Americans wonder why the US military has such a dismal record of failure in its wars in Moslem territories. Do we not have the most modern forces in the world? How can a force armed with fighter-bombers, B1s, night-vision goggles, helicopter gunships, heavy armor, and advanced remotely-piloted vehicles lose routinely to lightly-armed goatherds?

Journalistic old-hands in the regions, men who have spent decades following the wars and the complex and shifting alliances, say quietly that the cause is American ignorance of both the lands and the people. Virtually no one in the United States has any notion of the region, they say, though all seem to have strong opinions. Policy thus rests on self-assurance buttressed by factual vacuum.

Journalism being what it is today, reporters cannot say openly that the US, from the White House to the Pentagon to the public, is (as an acquaintance of mine put it inelegantly) “pig ignorant,” and that, with reference to Afghanis, the average citizen “couldn’t find his ass with a flashlight and both hands to grope with.” Coverage is often utter nonsense, they say, but no one notices.

Perhaps a few examples of the sorts of misunderstandings prevalent among commentators would be of use:

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HAPPIEST MAN IN AMERICA

Guest Post by Andy Borowitz

Romney Incredibly Relieved That He Can Keep All His Houses

WASHINGTON (The Borowitz Report)—Former Massachusetts Governor Mitt Romney told supporters on Friday that he was “incredibly relieved” to be able to keep the approximately five to ten residences he owns across the country.

“Having to talk about how much I care about ordinary Americans and so forth—I was game for that,” he said. “But having to sell all of those houses? That was going to be brutal.”

The 2012 Republican nominee said that he was especially glad he did not have to part with the car elevator in his eleven-thousand-square-foot mansion in La Jolla. “Come on, that thing is neat,” he said.

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QUOTES OF THE DAY

“Having someone who is the brother of one former president and the son of another run against the wife of still another former president would be sweetly illustrative of all sorts of degraded and illusory aspects of American life, from meritocracy to class mobility.

That one of those two families exploited its vast wealth to obtain political power, while the other exploited its political power to obtain vast wealth, makes it more illustrative still: of the virtually complete merger between political and economic power, of the fundamentally oligarchical framework that drives American political life.”

Glenn Greenwald

“Reality is that which, when you stop believing in it, doesn’t go away.”

Phillip K. Dick


FRIDAY FAIL

customer service,comcast,cable,prank

Here’s yet another reason to join the cord-cutting revolution.

A man in Spokane, Washington was surprised to find out that Comcast had changed his name from Ricardo Brown to “a**hole” Brown on his most recent bill.

He and his wife Lisa had been trying to cancel their cable subscription with the company, which should have been a very simple process.

But it was not.

They first reported the issue to consumer advocate Christopher Elliott, who wrote:

Instead of complying immediately, a representative escalated her call to a retention specialist, who tried to persuade her to keep the cable service and sign a new two-year contract.

His wife said she was not being rude, but the Comcast customer service agent decided to get back at them for not taking the offer in the most passive aggressive and childish way possible.

Elliot spoke with a Comcast rep who eventually apologized.

“We have spoken with our customer and apologized for this completely unacceptable and inappropriate name change,” he said. “We have zero tolerance for this type of disrespectful behavior and are conducting a thorough investigation to determine what happened. We are working with our customer to make this right and will take appropriate steps to prevent this from happening again.”

The company also promised to fire the employee responsible and has offered to both waive the $60 cable cancellation fee (how generous) and provide a refund of their two years of cable service.

acronym,headline,what,newspaper

Sheriff’s deputies were dispatched to US Highway 61 near Sperry in Des Moines County, Iowa, responding to a possible jumper.

But Sheriff Mike Johnstone said his deputies soon realised it was a mannequin on top of the sign.

bad idea,irony,airplane,flying,fail nation

gifs,cars,dangerous

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