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Showing posts from April, 2013

INFLATION, DEVALUED DOLLAR -- GOVERNMENT DATA ARE FALSIFIED

Blogger's note: Once again our government is changing the way the consumer price index (CPI) is calculated. This will be done to mislead the people into believing that their personal financial conditions and that of the nation are better than they really are. I've written earlier that government  data are falsified with focus on the Bureau of Labor Statistics (BLS), that falsely reports unemployment by ignoring the hundred's of thousands of people who have given up on finding a job. The true unemployment number would be 14-15% if the non-participants were counted and reported. It would be even greater if those who work only part time were counted. Now comes another change in CPI to further deceive the American people. Sad, but disgusting. Oh yes, then there is the claim by the president and his sycophants that debt doesn't matter. Deceptive or stupid?
THE CPI AND THE DOLLAR -- BY STEVE KAUFFMAN
“It Ain’t Worth a Continental”
I have in my possession a Continental. It is …

BOSTON MURDERS -- DENIAL AS TO WHAT IT IS AND WHO'S RESPONSIBLE

BOSTON TERRORIST MURDERERS: Once again those to whom America has given American opportunities chose callously to murder her innocent, including children and women. Pundits, even government operatives, ponder "home grown" vs foreign, single vs. group....and motive. This foolishness, even stupidity, shows a state of denial that terrorists are organized at large in war against America and will remain so. They are ideologically driven! 

SINGLE OPERATIVE (LONE WOLF): Nonsense. A so-called '"lone wolf" is only alone at at a point in time, but his terrorist network is everywhere all the time." Do the pundits and pols not understand such a basic fact after years of experience? Apparently not!

MOTIVE? WE ARE AMERICANS! And, they want to destroy Americanism. There ideology demands it, they tell us their intent and they demonstrate it. The current government doesn't accept it and doesn't face reality. Why? Could it be they are sympathetic? Could it be their no…

OBAMA'S ANGER -- SENATE VOTE AGAINST BACKGROUND CHECKS "SHAMEFUL"

NOTE TO PRESIDENT OBAMA

Mr. President, the Senate vote against background checks today was not "shameful" as you assert. However, your performance and that of your colleagues are utterly shameful.

Background checks per se are not wrong. What is wrong is the approach you and your supporters take to solving problems. It is high time, already years late, that you, who claim to be leaders and intelligent people, stop designing prejudicial "solutions" (that aren't) and then attempt to fit the solution to the problem. And worse, you spend time and taxpayer funds advertising and touring the country to deceptively convince voters that you are taking care of the problem -- and them.

Surely what you do is not analytical problem solving. Worse is your flagrant disregard for propriety and your disrespect for all Americans when you incite your acolytes, most of whom know only what you tell them, truthful or not, to demonstrate for you. You use them to abuse all of …

MF GLOBAL -- JON CORZINE -- DEMOCRAT CONTROL OF FINANCIAL INDUSTRY

MF Global Trustee's Report Blasts Corzine A risky business strategy, failure to improve inadequate systems, as well as "negligent conduct" by former Chief Executive Officer Jon S. Corzine and others contributed to the unraveling of MF Global, a new report said. The report, released by Louis J. Freeh, the trustee for MF Global's parent company, laid much of the blame at Mr. Corzine's feet, accusing him of implementing trading strategies with minimal oversight and exceeding board-approved limits for some European trades the company made under his stewardship.

MY VIEW 

NO SURPRISE HERE! On November 18, 2011, I posted my own analysis of Jon Corzine and the collapse of MF Global, as well as reports of others with more experience in the financial industry than I have. It was an ugly story and today's WSJ report shows just how ugly. It remains so and shows both ineptitude and corruption on the part of Corzine. But he will skate free without punishment. Why? H…

MAGAZINE COVER PAGES -- ANOTHER SIGN OF THE TIMES -- DECLINE OF AMERICA

OBAMA TO CLINTON --ALLEGED BY GLOBE

As a rather frequent visitor to the pharmacy since receiving a lung transplant, I've become a reader of magazine covers. What a lesson in societal decay is reflected in the covers. Salacious, provocative, always in the negative, and often clearly fallacious. Recently, one that caught my eyes was "Michelle storms out after huge fight over her spending." Who cares?..... Oh well, we all should since she spends a lot of our tax money.

Today, I was especially struck by one cover, The Globe. In reference to a new "tell-all" book by Hillary Clinton, "OBAMA YELLS AT HILLARY, SHUT YOUR MOUTH OR YOU WILL NEVER BE PRESIDENT."

I can only hope and pray that this headline is meaningful and that HILLARY DOESN'T SHUT HER MOUTH. That is, unless Obama intends to reign for another term if she doesn't, and another.....and, well you get it.

The seriousness in this, which I present as folly is...... the fact that a totally unqua…