Monday, September 22, 2014

Even as the Stock Market Soars to Record Highs, the Ultra-Wealthy Swarm to Buy Physical Gold

By Michael Snyder

Did you know that the number of gold bars being purchased by ultra-wealthy individuals has increased by 243 percent so far this year? If stocks are just going to keep soaring, why are they doing this? On Thursday, the Dow Jones industrial average and the S&P 500 both closed at record highs once again. It is a party that never seems to end, and there are a lot of really happy people on Wall Street these days. But those that are discerning realize that we witnessed the exact same kind of bubble behavior during the dotcom boom and during the run up to the last financial crash in 2007. The irrational exuberance that we are witnessing right now cannot go on forever. And the bigger that this bubble gets, the more painful that it is going to be when it finally bursts. Those that get out at the peaks of the market are the ones that usually end up making lots of money. Those that ride stocks all the way up and all the way down are the ones that usually end up getting totally wiped out.

To get an idea of how irrational the markets have become, all one has to do is to look at Twitter.

Would you value "a horribly mismanaged company" that is less than 10 years old and that has never made a yearly profit at 31 billion dollars?

Well, that is precisely how much the financial markets say that Twitter is worth at this moment.

Even though Twitter will probably never be much more popular than it is right now, it continues to bleed money profusely. On a GAAP (generally accepted accounting principles) basis, Twitter lost an astounding 145 million dollars during the second quarter of 2014...

Intruder Alert

Spotted at the always entertaining Hopenchange Cartoons.

The Secret Service is in some not-too-secret trouble following an incident Friday in which a man with a knife climbed over the White House fence, ran 70 yards across the lawn, and then entered the White House through an unlocked front door.

Fortunately, Joe Biden wasn't in the building because he very well could have followed his own advice and fired a shotgun through the door.


Hat tip: 90 Miles From Tyranny.

THE WAR ON POVERTY: 50 Consecutive Years of Failure

Robert Rector, writing in The Washington Times, writes the epitaph of the catastrophic disaster -- for all involved -- known as "The War on Poverty."

This year marks the 50th anniversary of President Lyndon Johnson’s launch of the War on Poverty. In January 1964, Johnson declared “unconditional war on poverty in America.” Since then, the taxpayers have spent $22 trillion on Johnson’s war. Adjusted for inflation, that’s three times the cost of all military wars since the American Revolution.

Last year, government spent $943 billion providing cash, food, housing and medical care to poor and low-income Americans. (That figure doesn’t include Social Security or Medicare.) More than 100 million people, or one third of Americans, received some type of welfare aid, at an average cost of $9,000 per recipient. If converted into cash, this spending was five times what was needed to eliminate all poverty in the United States.

By the government's own measures, the drop in the percentage of individuals qualifying as poor ended once the "War" truly got underway.

Larwyn's Linx: Hillary Clinton, Saul Alinsky correspondence revealed

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

Nation

Hillary Clinton, Saul Alinsky correspondence revealed: Alana Goodman
Ted Cruz: Thursday a "dark day" in Senate history: Breitbart
How to lose a war before it begins: Hot Air

ISIS Demands That Muslims in America Commit Domestic Terrorism: RWN
Afghan Nat’l Army soldiers have gone missing in … Massachusetts: Doug Powers
“Islamic State” Planning Attacks in the US… Must Be Destroyed: ConTrib

Boehner Calls Tea Party ‘Knuckleheads’, Seeks to Squelch Influence: Hideout
Democrats Poised To Hold Senate, And It’s Conservatives' Fault: Derek Hunter
Ninth Circuit agrees school can ban American flag: RS

Why The Mary Burke “Plagiarism” Story Matters: Dan McLaughlin
What’s Up With the Democrats In Illinois?: P&F
Democrats turn on Debbie Wasserman Schultz: Politico

Economy

The War on Poverty: 50 years of failure: Robert Rector
Another Tax That’s Really Just For Pensions: Fox and Hounds
Charlie Munger, Harvard and the Calpers hedge fund exit: Mitch Tuchman

Scandal Central

Obama Allowing the UN to Dump Hundreds of Thousands of Syrian Muslims in America: MadWorld
Obama Admin Threatening to ARREST Agents Warning of Terrorist Attack at Border: RWN
Feds estimated their exchange would cost less than that of a single state: GotNews

Climate & Energy

Sunday’s NYC Climate March Is Like Totally Anti-Establishment: RWN
PJTV: RFK Jr. Loses It at Climate Rally When Michelle Fields Pushes Him to Lead By Example: PJM
Leonardo DiCaprio at #ClimateMarch photos are mock-worthy; Michelle Fields corners: Twitchy

Media

Calgary Sun Eviscerates Obama: Now He Wants Help From Allies He's Spent Entire Presidency Snubbing: FNI
Occupy Anarchist FIREBOMBS Rep. Cleaver’s KC Office In Solidarity With Ferguson, Media Silent: ProgsToday
Raquel Welch Just Turned 74, Zeke Emanuel Says Next Year She Should Kill Herself: iOTW

Americans for Shared Prosperity’s ‘Barack Obama as dysfunctional man-child boyfriend’ ad.: Moe Lane
The ‘Klinghoffer’ Opera and the Mainstreaming of Jew Hatred: Jonathan S. Tobin
The Best TV Shows for Political Advertisements: Abby Livingston

Progressives Enthroned: Ken Burns' Roosevelt : Amity Shlaes
Politico hack Glenn Thrush defends Communist mass-murder proponent Saul Alinsky: FAM
Moms Demand Action Leader was Slapped with a Protective Order – Watts Still Kept her on Board!: BuzzPo

World

The Barbarians Within Our Gates: Hisham Melhem
Western survival requires the end of Islamist jihadism: Commentator
Heinous New Low: Syrian rebels sabotage vaccinations, killing 50 babies: Catholic

Gazans Speak Out: Hamas War Crimes: Gatestone
70,000 Kurds Flee ISIS Genocide in Syria; Obama Goes Golfing: GWP
General: Sending military to fight Ebola ‘misuse’ of soldiers: Jerome Corsi

Samantha Power Says U.S. Has Support Of 40 Countries on ISIS, But Refuses To Name Them: WZ
Kerry's Talks With Iran Deadlocked As Iran Calls For Israel's Destruction: Joshua
North Korea says rights criticism a gay plot; no gays in its country: Commentator

Sci-Tech (courtesy BadBlue Tech News)

Virtual Doctors’ Visits Go Mainstream: AmInt
NASA's Maven spacecraft enters Mars orbit: Marcia Dunn
The “Oculus Platform” Marketplace For Virtual Reality App Launches This Fall: Josh Constine

Cornucopia

Obama, Clinton, Alinsky and Lucifer. No, really.: Sooper
Border Fence: Our Number Won Priority: MOTUS
Laugh it off... if you can: Hideout

Image: 70,000 KURDS FLEE ISIS GENOCIDE IN SYRIA… Obama Goes Golfing
Today's Larwyn's Linx sponsored by: Stop the Obamacare Six

QOTD: "But how do leaders of the environmental left address these opposing doomsdays? By raising taxes, increasing government, impeding capitalism and reducing national sovereignty. Coincidentally, the same policies they would promote if their supposed environmental catastrophe was utter fiction. It is little wonder that voters are suspicious." --Jon Gabriel

Sunday, September 21, 2014

EXCLUSIVE: Luis Gutierrez, Obama’s Poster Boy for Amnesty, and His Unique Family "Fundraising" Business

By Lee Cary

Former Chicago Alderman, and now 11-term Congressman Luis V. Gutierrez (D. 4th Dist. IL) is described by one news outlet as a “59-year-old Illinois congressman [who] stands 5 feet 6 inches tall, which is only one reason he got his nickname, “El Gallito” — the little fighting rooster.” 

 

 

As immigration chairman for the House Hispanic caucus, Gutierrez is fighting hard for a Presidential Executive Order granting amnesty to as many as 5 million illegal immigrants.

 

 

He says, ““When I see those children, I see my own daughter. I can’t help but see that. I see my nieces and nephews."

 

Gutierrez’s reputation in Chicagoland’s politics is not untarnished.  There’s that sweetheart deal he got from Tony Rezko in the purchase of a condo for his daughter.  There’s the $500,000 plus he paid in taxpayer money over 10 years to a Chicago lobbyist to advise his congressional staff.  And, the 2004 allegation that Gutierrez lobbied Mayor Daley for a residential development owned by a man who loaned Luis $200,000.   The developer was later federally indicted concerning the same development.

 

But forget all that – that’s all in the past. 

 

Today, Gutierrez is firmly ensconced in one of the most gerrymandered congressional districts in America.  You need a GPS to find its boundaries.

 

 

These days, the 4th Illinois District Congressman is making political fund-raising a family business.  

REMINDER: Mary Landrieu, Claire McCaskill, and 44 other Democrats Voted to Cede Your Gun Rights to the U.N.

Senate Amendment 139, proposed by GOP Senator James Inhofe, states simply the intent to "uphold Second Amendment rights and prevent the United States from entering into the United Nations Arms Trade Treaty."

In July Adm. James A. Lyons (Ret.), former Commander-in-Chief of the Pacific Fleet and a senior military representative to the United Nations, described the ominous goals of the "One World Government"-types as it pertains to firearms:

The Arms Trade Treaty “includes only a weak nonbinding reference to the lawful ownership, use of, and trade in firearms, and recognizes none of these activities, much less individual self-defense, as fundamental individual rights.” When coupled with the treaty’s ceding of interpretive authority to other countries, this poses a direct threat to the Second Amendment.

46 Democrats voted against the amendment, meaning they seek to surrender U.S. sovereignty to the U.N. by erasing the Bill of Rights, one by one.

According to Lyons, the treaty is exceedingly dangerous because it can be amended by a majority vote of signatory countries, which would negate the Senate's constitutional authority to approve treaties by ceding it to foreign countries.

In addition, the treaty could prevent the U.S. from providing arms to strategic allies like Taiwan and Israel.

In short, the ill-named U.N. "Arms Trade Treaty" -- like Agenda 21 -- is a Trojan Horse, explicitly designed to usher in an era of "One World Government".

And Senators Mary Landrieu (D-LA) and Claire McCaskill (D-MO) both voted to give away your Constitutional rights to Third World dictators, despots, and fascists.

I hope you let your friends in Louisiana and Missouri know.


Hat tip: BadBlue News.

Democrat Congressmen Call Wounded Benghazi Heroes "Liars"

By Investor's Business Daily

Scandal: The California Democrat who suggested that his party boycott the Benghazi Select Committee as a waste of time now accuses those who fought on the CIA annex roof of lying "to promote a new book."

The last we heard from Rep. Adam Schiff, D-Calif., a member of the House Intelligence Committee, was in May. That's when he told Chris Wallace on "Fox News Sunday" he thought the planned select committee to investigate the 2012 Benghazi attack was a "colossal waste of time."

Calling the yet-to-be-approved committee a "tremendous red herring," Schiff said: "I don't think it makes sense, really, for Democrats to participate."

Well, the Democrats participated in the committee that conducted its first hearing on Wednesday, and Schiff, along with Rep. Adam Smith, D-Wash., finds himself one of the Democrats picked by House Minority Leader Nancy Pelosi to sit on it.

In fact, it was Schiff who proposed that the first hearing focus on the Benghazi Accountability Review Board's post-attack review and recommendations, an idea that committee head Rep. Trey Gowdy, R-S.C., accepted.

But Schiff apparently is still not happy about the hearing, which pointed out the State Department's pre-Benghazi neglect of security, ignoring the security recommendations after the 1998 bombings of our embassies in Kenya and Tanzania.

The State Department also brushed off the warnings of Ambassador Chris Stevens himself, who was killed by terrorists in the Sept. 11, 2012, attack on our diplomatic mission there.

The hearing came right after Kris Paronto, Mark Geist and John Tiegen, three CIA contractors who on that night fought terrorists from the roof of the CIA's Benghazi annex building, confirmed that there was indeed a stand-down order given that caused a critical half-hour delay.

Larwyn's Linx: Letting in the wrong refugees

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

Nation

Letting in the wrong refugees: Michelle Malkin
Dems block Cruz bill to strip U.S. citizenship from ISIS defectors: Times
DHS Unaware of 40 ISIS Terrorists Who Returned to U.S.: Sara Noble

‘Interceptor’ cellphone towers found near White House, Senate: Times
Is Mexico Really Helping Curb Flow Of Central American Illegals?: VDARE
1,000 Officials Raid L.A. Fashion District, Seize Cartel Millions: PoliceMag

Where Are Obama’s War Protesters?: Rick Jensen
Russian Nuclear Bombers Buzz Alaska, N. Europe: WFB
The Bear And The Dragon Encircle The Eagle: NoisyRm

House Democrats Pummel Republicans in August Fundraising: Roll Call
Most Dangerous: SCC
2nd Person In 2 Days Arrested For Attempted White House Entry: WZ

Ho hum: Obama on vacation again: FAM
ISIS Releases Chilling New Video – IN ENGLISH: GWP
Rand Paul says US intervention made Islamic State stronger: Stripes

Scandal Central

CNN reporter: State Department DOUBTS Tahmooressi’s story: Scoop
‘Out Of Control’: Coalition Of Sheriffs Demand Border Help: NoisyRm
Scene of the Crime (BIG Post): SCC

Climate & Energy

Sunday’s NYC Climate March Is Like Totally Anti-Establishment: RWN

Media

A cynical blogger might think that these White House security breaches were deliberate.: Moe Lane
Leftist media goes after black Benghazi whistleblower. Is that racist?: Allen West
Numbskull David Corn yells "But Bush!" three times in pathetic attempt to defend Obacalypse: Scoop

Krauthammer: Obama micromanagement of military strikes is “scary stuff”: LI
Disturbing Video – Saint Louis Missouri Mob Assault: Treehouse
Latest ISIS victim: Gory Halloween props banned: LI

Photographer Cleverly Shames HuffPo After They Use Her Imgur-Hosted Photo without Permission: PetaPixel
American Spectator Surrenders To Vexatious Litigant and Domestic Terrorist Brett Kimberlin: Ken White
Fire captain injured in ice bucket challenge dies: AP

World

Saving Private Kerry: Daniel Greenfield
Canadian Jihad, Abroad and at Home: GoV
Again in UK: Muslim rape gangs targeted girls in Sheffield, care worker feared being called racist: JihadWatch

You got to know who your enemy is: Cold Fury
Riiight: Infidel Austrian government to create standardized Koran to stem Islamic extremism: BCF
Overwhelming Evidence That John McCain Met With ISIS-Allied Rebels: GotNews

What Did Turkey Trade for Hostages?: Rick Moran
Canada Begins Invalidating Passports Of Citizens Who Have Left To Join Extremist Groups: WZ
Huge Navy drone that is bigger than a 737 takes to the skies for flight across America: Daily Mail

Sci-Tech (courtesy BadBlue Tech News)

More Protection SVP: WRSA
Predicting crime with Big Data ... welcome to "Minority Report" for real: NetworkWorld
Oculus Rift's new prototype brings out the best in virtual reality: Engadget

Cornucopia

The Battle of Victims: Pumping-Up to WIN Because #It’sOnUs: MOTUS
The Village Idiot...: 90 Miles
The Obama Interview We’d Like to See: Keith Koffler

Image: Fence Breach Prompts More White House Security
Today's Larwyn's Linx sponsored by: Stop the Obamacare Six

QOTD: "Defending Obama against accusations that his delayed response had allowed ISIS to become a major threat, he [Sec. of State John Kerry] claimed that, “Early this summer the ISIL threat accelerated when it effectively erased the Iraq-Syria border and the Mosul Dam fell. The President acted immediately.”

“Immediately” makes Obama sound proactive. Kerry’s testimony was full of similarly active language. He used the word “immediately” three times in close succession. But cheap marketing tricks can’t cover up the fact that Obama’s “immediately” kicked in when ISIS was marching on Baghdad... If you wait until an Al Qaeda spinoff has nearly taken over two countries, then there’s nothing immediate about your actions.

Kerry’s statement was filled with such delayed immediacies. “Deliberately and decisively, we further surged the ISR missions immediately,” he told the Senate Foreign Relations Committee... In fact there was nothing decisive or immediate about it.

Obama significantly delayed the rescue of the hostages leading to the televised beheadings. He responded with air strikes only when actual genocide had begun taking place and Iraq appeared to be on the verge of falling to ISIS.

There’s nothing immediate about any of that." --Daniel Greenfield

Saturday, September 20, 2014

LATEST SENATE POLLING: Rove and the Establishment GOP Nitwits May Have Committed Electoral Suicide

The geriatric and senile Republican establishment could very well have destroyed their ability to take the Senate this year, a year that should have been ripe for a GOP landslide.

From Mitch McConnell's vow to "crush the Tea Party" all the way to rampant vote fraud in Mississippi, the Reince Priebus- and Karl Rove-led band of numbskulls have wagered that corrupting the primary process, demonizing the conservative activist base, and using borderline criminal tactics would unify the party.

As it turns out -- despite an onslaught of horrific news regarding the very real policy failures of Democrat governance -- it now appears that the Senate may not change hands after all. The latest aggregate poll numbers assembled by RCP appear to have Rove's panties in a bunch as evidenced by his hilarious plea for more donations in The Wall Street Journal.

IOWA - deadlocked
KANSAS - deadlocked (Pat Roberts defeated Tea Party-backed Milton Wolf in the primary)
NEW HAMPSHIRE - Democrat Shaheen leads by 12 points
GEORGIA - deadlocked
NORTH CAROLINA - Democrat Kay Hagan leads by 5 points over the establishment's Tillis
LOUISIANA - deadlocked
COLORADO - deadlocked
MICHIGAN - Democrat Peters leads by 7 points
MINNESOTA - Democrat Franken leads by 12 points
ALASKA - deadlocked
ARKANSAS - deadlocked
KENTUCKY - RINO McConnell leads by 3 points

In other words, "The Architect" and his band of highly-paid consultants, lobbyists, and sycophants -- in their selfish bid for "purity" -- could very well have squandered a once-in-a-lifetime opportunity.



What a bunch of schmucks.

And anyone who gives Karl Rove a dime deserves everything they get, which is nothing.


RESET, INDEED: Ukrainian President Says That a "New Cold War" is About to Begin

By Investor's Business Daily

Eastern Europe: Addressing a rare joint session of the U.S. Congress, Ukraine's leader warns, like Churchill before him, of a growing and resurgent menace that has committed crimes in his country and threatens the West.

Back in 2009, after the Russian invasion of Georgia, we asked in the editorial recently reprised on the opposite page, "Is the Ukraine Next?" Well, it was. As President Reagan famously put it in a campaign commercial, there was once again a bear in the woods. Only this time we ignored it.

On Thursday, Ukrainian President Petro Poroshenko gave a 40-minute speech to a rare joint session of Congress alerting lawmakers to the plight of his country under Russia's creeping "Anschluss."

Poroshenko once again pled for meaningful aid, including an affiliation with NATO, and warned that a new Iron Curtain may soon descend as Vladimir Putin tries to reassemble the Soviet Union whose demise he has publicly mourned.

"The war that these men are fighting today is not only Ukraine's war," he said. "It is Europe's, and it is America's war too. It is the war for the free world."

But once again Ukraine's request has fallen far short of being met.

In March, Ukraine asked for arms and ammunition, intelligence support, aviation fuel and night vision goggles. The Pentagon agreed only to provide the Ukrainians with supplies of U.S. military rations known as Meals Ready To Eat, or MREs.

Larwyn's Linx: Why Libertarians Should Vote Republican in November

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

Nation

Why Libertarians Should Vote Republican in November: LI
D.I.V.O.R.C.E Agreement: Hannity
‘Hate Speech’: the Left’s Term for ‘Opposing Viewpoints’: Spencer Klavan

Morale: The U.S. Navy Is Fading Away: StrategyPage
Watch: Mark Levin apologizes to families of fallen Iraq soldiers: Unyielding
The Democrat Fall Offensive, foiled by ISIS: DTG

Guess who's running anti-sexual assault program for the White House?: RWN
Cop defies order to ‘celebrate’ Islam, and then …: BCF
White House fence-jumper makes it inside presidential residence: BPR

After Declaring War on Tea Party, Rove Worried About Donations: Tony Lee
No Wave for the GOP : Maggie Gallagher
You won't believe what John Foust said about his own voters: Moe Lane

Economy

Anti-War Liberals Join Fiscal Conservatives in Rejecting CR: CNS
OK, I Get It. Things Are Coming Unglued: Wolf Street
Islamic Welfare Colonists Demand Free Halal Food in Minnesota: MB

Scandal Central

Obama DOJ Refuses to Release Fast and Furious Docs: CFP
IRS Chief Says Press Reports ‘Confusing’ Loss of Emails: Bill Straub
The Obama Scandal List: Two Dozen and Counting: Keith Koffler (2013)

Climate & Energy

An Out-of-Control Agency of Zealots, Destorying Your Freedom: Elephant

Media

The Leftist Mind Explained By @RSMcCain And @Instapundit: Camp o' the Saints
Jeffrey Goldberg: Libtard: Breitbart
Fox’s Shepard Smith mocks Obama flack Josh Earnest and his ISIS coalition happy talk: Twitchy

Just Take it For Granted: Nuking Politics
FIRE Mails First Amendment Warning to More Than 300 Colleges: Instapundit
Michelle O: Americans “Take For Granted” How Much Barack Has Improved the US: GWP

World

Obama’s “Moderate Rebels” Sign Deal With ISIS, Report Says: Alex Newman
John "Mashed Potato Face" Kerry Echoes Obama: ‘The Islamic State Is Not Islamic’: S&L
New Wave of Central American Kids to Reach U.S. Soon, Expert Says: LAHT

Obama Administration Is Paying Monthly Salaries to “THOUSANDS” of Syrian Rebels: GWP
German taxpayers funding anti-Israel hate: Commentator
Growing #Jerusalem unrest sparks fears of a third intifada: Hayom

Dem Rep: 40 American ISIL Fighters Have Already Returned to the United States: WFB
Leon Panetta Slams Obama: ISIS Flourished Because US Left Iraq Too Soon: Lid
Jihadist Murders College Student Brendan Tevlin in NJ, Calls It A “Just Kill”: Tammy Bruce

The Celtic Fringe of the Axis of Extinction: Mark Steyn
Eight Ebola Workers Killed By Locals, Thrown In Latrine: S&L
Putin 'privately threatened to invade Poland, Romania and the Baltic states': Telegraph

Sci-Tech (courtesy BadBlue Tech News)

Is Wearable Tech Putting Your Data at Risk?: Rick Delgado
And Then They Came For The Bolt-Actions: Bob Owens
Chased from San Francisco, parking startup pops up in SoCal: Ars

Cornucopia

“God, Get Me Home To My Girls.” SEAL Survived 27 Shots & Completed His Mission: Bearing Arms
Spanking is a disciplinary measure, not child abuse. Get a grip, people.: Matt Walsh
What Everyone Reads: Seth Godin

Image: Ten of thousands of Syrian Kurds flee into Turkey, group says
Today's Larwyn's Linx sponsored by: Stop the Obamacare Six

QOTD: "...though the GOP establishment blames conservatives for not controlling the Senate, the establishment-backed Senate candidates in the 2012 election cycle lost in battleground states like Virginia, Wisconsin and even Montana, a race that should have been in the GOP column.

On his talk radio show this year, Mark Levin pointed this out: "noting that while candidates backed by Tea Party members like Mike Lee, Rand Paul, and Marco Rubio won in 2010, candidates heavily supported by Karl Rove and Mitch McConnell in Florida, Hawaii, Massachusetts, Montana, New Mexico, and Wisconsin all got clobbered in 2012."

"All backed by Rove. All backed by McConnell. And all losers," Levin said. "We must not allow the Republican establishment and their friendly media to work with the liberal media to spin."

...Levin said that even though "the Republican establishment holds the blame for the GOP's minority status in the Senate," its "leadership wants to twist history to absolve themselves of that blame."

"But for the Tea Party, you'd be nothing, as you were before," Levin told the GOP establishment. "But for the Tea Party, Pelosi would be Speaker."" --Tony Lee