Saturday, February 28, 2015

Breaking Bad (Debt)

By Jim Quinn

“At this juncture, the impact on the broader economy and financial markets of the problems in the subprime market seems likely to be contained.”Fed chairman, Ben Bernanke, Congressional testimony, March, 2007

“Capitalism without financial failure is not capitalism at all, but a kind of socialism for the rich.”James Grant, Grant’s Interest Rate Observer

The Federal Reserve issued their fourth quarter Report on Household Debt and Credit last week to the sounds of silence in the mainstream media. There were minor press releases issued by the “professional” financial journalists regurgitating the Federal Reserve’s storyline. Actual analysis, connecting the dots, describing how the massive issuance of student loan and auto loan debt has produced a fake economic recovery, and how the accelerating default rates in auto loans and student loans will produce the next subprime debt implosion, were nowhere to be seen on CNBC, Bloomberg, the WSJ, or any other status quo propaganda media outlet. Their job is not to analyze or seek truth. Their job is to keep their government patrons and Wall Street advertisers happy, while keeping the masses sedated, misinformed, and pliable.

Luckily, the government hasn’t gained complete control over the internet yet, so dozens of truth telling blogs have done a phenomenal job zeroing in on the surge in defaults. The data in the report tells a multitude of tales conflicting with the “official story” sold to the public. The austerity storyline, economic recovery storyline, housing recovery storyline, and strong auto market storyline are all revealed to be fraudulent by the data in the report. Total household debt grew by $117 billion in the fourth quarter and $306 billion for the all of 2014. Non-housing debt in the 4th quarter of 2008, just as the last subprime debt created financial implosion began, was $2.71 trillion. After six years of supposed consumer austerity, total non-housing debt stands at a record $3.15 trillion. This is after hundreds of billions of the $2.71 trillion were written off and foisted upon the backs of taxpayers, by the Wall Street banks and their puppets at the Federal Reserve.

"Anthropogenic Global Warming: Why I left the Religion"

Superb post at Small Dead Animals by Dr. Kyla Dillard, who explains in layman's terms why she abandoned her belief in man-caused global warming (or AGW). Some key graphs (emphases mine):

Because as a scientist, I can do the math. How do you explain the 18 years of zero temperature increases, when CO2 levels have continued to rise?

The computer model predictions have all failed, every single one of them.

I recommend Watts Up With That You can read the studies, they give all the links and analysis there.

Please don't Google 'deniers' & run back to me saying that it is not a credible site, go see the studies, the math, & the manipulation of data for yourself. Because there are literally trillions of dollars at stake, so of course there is a vested interest in keeping this thing going. If you disagree with something I say, quote me exactly which sentences you disagree with, then show me the actual research that contradicts what I have said.

Follow the money [and] you will see where the truth lies. Say it were true: If you believe that humans cause climate change, how does moving vast quantities of money help that? Exactly how would a carbon tax help and exactly when would we see the verification of that?

Australia's carbon tax was to take $139 billion out of the pockets of the taxpayers. Had it been successful, it was supposed to reduce CO2 from the atmosphere from 412 parts per million (ppm) all the way down to 411.87 ppm.

That would have been a reduction of 13/100 of a part per million. It is imperceptible The computer model predictions have ALL failed, yet people want other people, poor people, to die today due to lack of cheap energy and clean water.

...If there were no harm associated with the "green" policies, then it would not matter, but people are actually being harmed right now by energy poverty. People in Germany are illegally cutting wood in the historic Black Forest, just to heat their homes and stay alive. People are being forced to decide between heat and food, due to the massive increases in energy prices in Ontario, so that we can pay 15x the market rate for wind electricity and be forced to pay the Americans to take our excess electricity. Meanwhile, the only true green energy in Canada; hydroelectric power, has to be shut down to keep from destabilizing the grid when the wind is blowing. That's right, water is diverted from the turbines at Niagara Falls, so you can pay 15x the rate to subsidize big green. Don't lie to yourself, those are not wind farms, they are not farming the wind, they are farming the subsidies and taking money out of your pocket by theft.

Bumper Sticker o' the Day

Sent in by Dale.


Speaking of snipers, some interesting facts about the silent warriors:

• Snipers are trained to shoot between heartbeats
• While Chris Kyle was the most prolific American sniper in history, a Finnish soldier named Simo Häyhä had 705 kills during the Russo-Finnish War of 1939-1940; he accomplished the feat in less than 100 days operating in temperatures as cold as -40 degrees
• The name 'sniper' derives from the 1770s, where "soldiers in British India coined the verb 'to snipe,' meaning a soldier was good enough of a shooter to kill an elusive bird called a Snipe"

God Bless Our Warriors.


IT BEGINS: Obama's Ammo Ban Just the First Step in Killing Off the Modern Sporting Rifle

By Mac Slavo

If nothing else can be said about President Obama, he has adamantly stuck to one key promise – the one he made to the Brady Center to pursue gun control ‘under the radar.

The AR-15 is America’s most popular sporting rifle, and it has been falsely mischaracterized as an “automatic” firearm and an “assault” weapon. It has been demonized as a monstrosity via the Sandy Hook shootings. Bans on it and other so-called “assault weapons” have been attempted from every possible angle.

And now that those measures have failed to accomplish total gun control, the Obama Administration, hungry to undermine the 2nd Amendment and restrict gun ownership, is using backdoor regulations through the BATFE to ban the sale, import and manufacture of the most affordable ammunition for the AR-15. Melissa Melton writes:

“The Obama administration was unable to ban America’s most popular sporting rifle through the legislative process, so now it’s trying to ban commonly owned and used ammunition through regulation.”

Larwyn's Linx: Obama's Nuclear Iran Deal Portends “Spectacular Attack” on the United States

Send us tips! Bloggers: install a Larwyn's Linx widget. Get real-time news, 24/7, at BadBlue.

Nation

Obama's Nuclear Iran Deal Portends “Spectacular Attack” on the U.S.: Sara Noble
Here’s the List Of 26 Anti-Jew Democrats Turning Their Backs On Israel: Federalist
The Truth Behind Obama's War On Israel and Netanyahu: Lid

GOP Revolt Crashes DHS Spending Bill, Handing Huge Defeat to Boehner: Blaze
Time to start using the “F word”: Riot
‘You Coward’: Dem’s Comment About GOP Leader Caught on Hot Mic: Josh Feldman

Obama to ban bullets by executive action, threatens top-selling AR-15 rifle: Paul Bedard
Obamacare Architect’s New Lie to the Supreme Court: Phil Kerpen
How Obama’s Overreach Killed Immigration Reform: Joe Guzzardi

First They Came for the Jews: Ben Shapiro
We, The Stupid: PolFi
Rubio: I've learned lesson on immigration: The Hill

Economy

Dis Orientation: SDA
Obama Has Given Insurers $3B To ‘Compensate For Caps’: S&L
Chicago nears fiscal free fall with latest downgrade: Karen Pierog

Scandal Central

Investigators Found ‘Lost’ Lois Lerner Emails In 2 Weeks: S&L
From the mixed-up files of Ms. Hillary: Scott Johnson
Among IRS emails unearthed is one by Lerner that pretty much admits cover-up: Howard Portnoy

Climate & Energy

Obama’s Little Shop of Horrors: Stubborn Things
Mark Levin’s New Group Americans For CO2: Jen Kuznnicki
The nine stages of Canadian cold: Scott Feschuk

Media

Fox News Calls Out Eric Holder for Skipping Them in Exit Interviews: Josh Feldman
Jon Stewart Goes After Obama Admin’s Prosecution of Whistleblowers: Josh Feldman
Scott Walker Swats Away Heckler, Rouses Audience During CPAC Speech: Josh Feldman

The New York Times Cheers On A Nuclear Iran: David Gerstman
Nancy Pelosi: How Difficult It Is to Be a Member of Congress: IJR
Jon Stewart Blames Fox News For His Decision To Leave “Daily Show”: WZ

World

ISIS' Next Target: Michael J. Totten
Obama’s Former Deputy CIA Director: Emerging Iran Deal Leaves Enough Centrifuges for Nuke: The Tower
Islamic State’s female jihadists use social media to lure women recruits: LWJ

Entropy is taking over: Michael Kennedy
Europe Without Jews?: Guy Millière
The Russia That Died With Boris Nemtsov: Leonid Bershidsky

Defense Intelligence Told NOT To Update Obama on bin Laden Documents: MagNote
The Sack of Mosul: Jon Gabriel
How Obama Caved on Bahrain: Foreign Policy

Sci-Tech (courtesy BadBlue Tech News)

The AI Revolution: The Road to Superintelligence: Tim Urban
Leaving the Global Grid And Being Arrested For It: John Robb
Google shows off plans for its futuristic new headquarters: DigitalTrends

Cornucopia

Leonard Nimoy: He lived long and prospered: Jaime Weinman
An Employee Of Golden Corral Got Terminated After He Went Public With This: RWN
Spotlight on Kevin D. Williamson: iOTWreport

Image: Islamic State’s female jihadists use social media to lure women recruits
Today's Larwyn's Linx sponsored by: BadBlue Gun News

QOTD: "Netanyahu is not coming to Washington next Tuesday to warn Congress against Obama’s nuclear deal with Iran, because he seeks a fight with Obama. Netanyahu has devoted the last six years to avoiding a fight with Obama, often at great cost to Israel’s national security and to his own political position.

Netanyahu is coming to Washington next week because Obama has left him no choice. And all decent people of good will should support him, and those who do not, and those who are silent, should be called out for their treachery and cowardice." --Caroline Glick

Friday, February 27, 2015

HEY, WE CAN FINALLY NAME A HILLARY ACCOMPLISHMENT: She Successfully Lied to the Entire World About Benghazi

By Investor's Business Daily

Scandal: Documents from Judicial Watch show that Hillary Clinton's closest advisers knew from the onset, before she launched an inflammatory video lie, that Benghazi was a terrorist attack for which Ansar al-Sharia claimed responsibility.

'Mrs. Clinton, name an accomplishment," Carly Fiorina, former Hewlett-Packard CEO and prospective 2016 GOP presidential candidate, asked Thursday at the annual Conservative Political Action Conference.

Last year, when ABC's Diane Sawyer asked the former secretary of state that question, Mrs. Clinton changed the subject, not even bothering to mention dodging sniper fire in Bosnia.

Nor is she likely to mention Benghazi, a place now synonymous with the failure of the foreign policy she helped orchestrate. Benghazi has become yet another example of why our friends don't trust us and our enemies don't fear us.

As we have noted, at 10:07 p.m. Washington, D.C., time on Sept. 11, 2012, Clinton's State Department issued a statement that read: "Some have sought to justify this vicious behavior as a response to an inflammatory material posted on the Internet. ... Let me be clear: There is never any justification for violent acts of this kind."

This was the origin of the lie that the Benghazi terrorist attack was caused by an Internet video offensive to Muslims.

The Obama Democrats Abandon Israel in its Hour of Need

By Caroline Glick

It is hard to get your arms around the stubborn determination of Prime Minister Benjamin Netanyahu today. For most of the nine years he has served as Israel’s leader, first from 1996 to 1999 and now since 2009, Netanyahu shied away from confrontations or buckled under pressure. He signed deals with the Palestinians he knew the Palestinians would never uphold in the hopes of winning the support of hostile US administrations and a fair shake from the pathologically hateful Israeli media.

In recent years he released terrorist murderers from prison. He abrogated Jewish property rights in Jerusalem, Judea, and Samaria. He agreed to support the establishment of a Palestinian state west of the Jordan River. He agreed to keep giving the Palestinians of Gaza free electricity while they waged war against Israel. He did all of these things in a bid to accommodate US President Barack Obama and win over the media, while keeping the leftist parties in his coalitions happy.

For his part, for the past six years Obama has undermined Israel’s national security. He has publicly humiliated Netanyahu repeatedly.

WARMAL COLDING TODAY: Anyone seen Al Gore lately?

Your local global cooling denier could not be reached for comment.


Remember all of those "2014 was the hottest year on record" stories we saw at the end of the year?

I know you'll be shocked, but the media were lying.


Hat tip: Michael.

Larwyn's Linx: GOP Surrender on Obama’s Lawless Amnesty for Illegal Aliens Would Be a Profound Betrayal of the States

Send us tips! Bloggers: install a Larwyn's Linx widget. Get real-time news, 24/7, at BadBlue.

Nation

GOP Surrender on Obama Amnesty Would be a Profound Betrayal: McCarthy
Can We Impeach Now?: Erick Erickson
The Lost Republic Diaries – Part IV: Camp o' the Saints

Muslim Immigration Poses Serious National Security Threat: Paul Sperry
The Secular Religion of the Left: Sultan Knish
Is liberalism exhausted?: Jonah Goldberg

The Clinton Foundation Scandals, Explained: Andrew Stiles
Sources Near Jeb Bush Say He's "Evolving" On Gay Marriage: Ace
‘It Can’t Happen Here!’: Camp o' the Saints

5 Things Ted Cruz Would Do The Minute He Took Office as President: IJR
Cruz Lights Up Crowd in Lightning Round CPAC Questions: Breitbart
The Retread Train-Wreck Continues: Max Redline

Economy

Corrupt Illinois: Not a Few Bad Apples: Steve Bartin
First Quarter GDP Shrinks By 2.9%, Worst Pullback In 5 Years: WZ
Hollywood Hypocrites Demand ‘Wage Equality’: Larry Elder

Scandal Central

IRS watchdog reveals Lois Lerner missing emails now subject of criminal probe: Times
Now It's Official: Hillary Lied to the Faces of Benghazi Victims' Families: JW
Another Day, Another GOP Sellout: Ace

Media

…And This Is Why We’ll Continue Shooting Violent Criminals Like Trayvon Martin: Bob Owens
CNN’s ‘religion expert’ has absolutely NO IDEA why ISIS is targeting Christians: Scoop
Questions the Press Doesn’t Ask Democrats: Mona Charen

Jeb Bush Doesn't Seem To Think Much Of Americans: Ace
Senate Committee Approves AG Nominee Loretta Lynch: Katie Pavlich
Rumsfeld: I'm amazed at the administration's rudeness: Hayom

World

Jihad John Kerry To Meet With Iran Instead Of Netanyahu During His Trip To US: Exam
Jihadi John Executioner Has Been Unmasked: IJR
Venezuela's President Is Out of Control: NatlInt

U.S Army combat vehicles parade 300 yards away from Russian border: WestRepublic
What Is Russia Up To in the Arctic?: Newsweek
Austria Bans Foreign Funding for Mosques, Forces Imams to Speak German: Breitbart

Sci-Tech (courtesy BadBlue Tech News)

What if the universe had no beginning?: EarthSky
Pebble Next-Gen Smartwatch with Color Display Made History on Kickstarter, Again: MikeShouts
Amazon Wants to 3D Print Your Purchase in the Back of Its Delivery Van: Gizmodo

Cornucopia

Another Bad Omen for Hillary Clinton: Andrew Stiles
Every Member Of The Avengers, Ranked: io9
These 16 Photo Are Scary And They Are 100% Real!: Viralands

Image: These 16 Photo Are Scary And They Are 100% Real!
Today's Larwyn's Linx sponsored by: BadBlue Gun News

QOTD: "Avarice, ambition, revenge and licentiousness would break the strongest cords of our Constitution, as a whale goes through a net. Our Constitution was made only for a moral and religious people. It is wholly inadequate to the government of any other" --John Adams, Letter to the Officers of the First Brigade of the Third Division of the Militia of Massachusetts, 11 October 1798

Thursday, February 26, 2015

OBAMA WARNS ICE: Don't you dare enforce immigration law

By Investor's Business Daily

Immigration: If President Obama, who has warned ICE agents of consequences if they do their job, had a son, he might look like Jamiel Shaw Jr., a young African-American killed by an illegal alien who shouldn't have been here.

Shaw was a Los Angeles high school star dreaming of a good life ahead when he was gunned down on March 2, 2008, while walking home. He was picked at random, police said, possibly as part of a gang loyalty test for the illegal alien who shot him.

Charged with the crime was Pedro Espinoza, who'd been released just hours earlier from Los Angeles County Jail where he spent four months for brandishing a firearm and resisting arrest. Espinoza is an illegal alien.

Some will say, well, that was on President George W. Bush's watch. True, but it also occurred in Los Angeles, a sanctuary city where policy is not to cooperate with federal authorities on enforcing immigration laws or aid in deporting illegal aliens.

The sanctuary policies that led to the murder of Shaw are now full-blown federal policies under Obama. "We're not in the business of deporting millions of people or of breaking up families," he says. We're also not in the business of deporting criminal illegal aliens.

A BLACK MAN ASKS: Why do Black lives matter except when illegal aliens are killing Blacks?

By Sara Noble

Barack Obama will ignore the Texas injunction and do whatever he can to illegally circumvent the Constitution. He made that clear in a town hall appearance last evening.

The Senate has sent an immigration bill to the House that has stripped out the DHS funding provisions instead of doing the hard job of dealing with the Obama’s violations of the Constitution. It is a giveaway to Democrats and for their generosity, ABC news radio said today that the bill is being sent to the House to “punish Barack Obama.”

The president could care less that cartel members, criminals and terrorists are getting through the open borders.

Some are killers.

Illegal aliens are literally getting away with murder. Yesterday, families of loved ones murdered by illegal aliens, testified by Congress. One black man asked why black lives matter when murdered by whites but not when murdered by illegal aliens.

Watch:

Larwyn's Linx: Amnesty Co-Conspirator Mitch McConnell

Send us tips! Bloggers: install a Larwyn's Linx widget. Get real-time news, 24/7, at BadBlue.

Nation

Amnesty Co-Conspirator Mitch McConnell: Ben Howe
On the Value of Shooting Cowards: Leon Wolf
No Joke: White House Now Calling Illegal Immigrants “Americans-In-Waiting”: WZ

Illiberal approach to immigration only invites more acrimony: Victor Davis Hanson
Congress worried about ISIS as illegals kill Americans here daily: Ann Coulter
The Cancer of Multiculturalism: Walter Williams

Hillary’s Identity Crisis: Kevin D. Willamson
Scandal: Clinton Foundation Violated Ethics Agreement: TeaParty
Obama’s Illegals Could Get Up To $35K In Tax Benefits a Year: LoneCon

Trapped Democrats Can't Decide on Netanyahu Speech: Eli Lake, Josh Rogin
Columbia University rated most anti-Semitic campus in America: Victor Skinner
The Brooklyn Punks Who Dreamed of ISIS: Daily Beast

Economy

‘Right to Work’ bill passes Wisconsin Senate, lefties lose their minds: Twitchy
Government Debt on the Road to Ruin: Steve Chapman
Moonbat Vandy Law Prof Threatens To Shut Down Pro-Israel Event As Un-American: WZ

Scandal Central

Lois Lerner Received $129K in Bonuses: WFB
Vermont considering legal action against Obamacare architect Jonathan Gruber: RedAlert
Chicago: Muslim student arrested after sexually assaulting woman ‘Fifty Shades’ style: Creeping

Media

Politfact and Me: Intellectual dishonesty among the ‘fact-checkers’: Kevin D. Williamson
History’s Greatest Monster: A Scott Walker Presidency ‘Would Be a Disaster’: JWF
Will Media Apologize for Calling Scott Walker an Un-American Racist Dictator?: NB

Here Is The Damaging Al Sharpton Footage The Media Is Ignoring: HayRide
What If They Threw a Fall Premier Season and No One Showed Up?: Ace
Keith Olbermann suspended by ESPN after Penn State feud: Leonard Greene

World

New Secret Iranian Nuclear Facility Revealed: Ryan Mauro
Drones Over Paris: John Robb
Kerry questions Netanyahu's judgement over Iran deal: JPost

IDF Official: Hamas is Working Around the Clock to Prepare for Next Fight With Israel: Algemeiner
US, French Carriers Begin Combined Airstrikes Against ISIS: Military
Hezbollah campaign stalls on Syrian Golan Heights: Times of Israel

Sci-Tech (courtesy BadBlue Tech News)

FedEx Refuses to Ship CNC Machines To Gun Enthusiasts: Bob Owens
F-35 helmet uses retinal projection to give pilots a “God’s eye view”: Geek
Net Neutrality Protest Signs Call FCC Chair 'Obama's B*tch': TR

Cornucopia

Coming Soon: Free Internet!: MOTUS
Obiter Dictum: Take out the trash
always worth listening to: Sondrakistan

Image: It apparently takes a village of corporate marketing specialists to tell voters who Hillary is
Today's Larwyn's Linx sponsored by: BadBlue Gun News

QOTD: "Talk radio host and author of “The Liberty Amendments,” Mark Levin argued that the US was being “conquered” by the Mexican government on Monday.

Reacting to a report that the Mexican Consulate in Atlanta was processing applications for “matricula consular,” “have no U.S. legal status, but they can be used to open bank accounts and apply for loans in lieu of state-issued IDs or national passports” at a rate of “500 applications per day” and is “beefing up its mobile operations and adding a weekend and night shift to handle even more,” Levin said “so, we’re being conquered by the Mexican government, the corrupt, abusive, and authoritarian Mexican government.”

Levin further criticized those, in particular Senator Lindsey Graham (R-SC), who were suggesting opponents of the president’s executive action on immigration should rely on the courts, and that claims of a DHS shutdown were a “flat out” lie." --Ian Hanchett