The Right Scoop
"This is a Great Monologue"...The greatness of the Private Sector is the engine of America. Who do these politicians think they are!
To Listen
Tuesday, August 9, 2011
Levin: We are watching our society transform ...
August 9, 2011
The Right Scoop
"This is a Great Monologue"...The greatness of the Private Sector is the engine of America. Who do these politicians think they are!
To Listen
The Right Scoop
"This is a Great Monologue"...The greatness of the Private Sector is the engine of America. Who do these politicians think they are!
To Listen
Anticipating the Coming Convulsions as the Welfare State Dies
August 9, 2011By Kurt Schlichter
It’s already happening – the liberal dream of a perpetual social welfare state where deadbeat liberal constituencies feed off of the work of productive conservative citizens in perpetuity is dying. There’s no doubt about that; the only question left is how long and hard the process will be as the hideous leviathan the utopian liberal establishment has created convulses and dies.
It’s going to die hard. And ugly.
The collapse is well-underway in Europe – Greece has gone from the cradle of democracy to a cesspool of union-fueled mobs – but America faces the same trauma. As the contradictions inherent in the vision of a societal plan based on the notion that an ever-expanding pool of Democratic-voting serfs sucking the wealth away from the mostly Republican-oriented producers who labored to create it become more apparent, the reactions and rear-guard efforts of the terminal liberal elite will grow more extreme.
We are already seeing the liberal elite lash out in anger and frustration at what is a perfect storm of failure. Glenn Reynolds, the legendary Instapundit, chronicles the daily disintegration, while the brilliant Mark Steyn’s cheery new book, After America: Get Ready for Armageddon, drops on August 8, 2011 – I’ll race you to Amazon to get a copy.
As the three components of the liberal establishment – the media, the unions and politicians – rage at the dying of the liberal light, the insanity meter will swing far into the red. It’s already begun. The Tea Party has dared to speak the truth, and the uncomfortable realities it has pointed out have destroyed the bogus consensus that has allowed the debt Titanic to sail giddily on toward the iceberg. That’s why the establishment response is to demonize the popular movement. We’re “terrorists” or “lunatics” or, bizarrely, “hobbits.” Our crime is telling the truth. Read More
It’s already happening – the liberal dream of a perpetual social welfare state where deadbeat liberal constituencies feed off of the work of productive conservative citizens in perpetuity is dying. There’s no doubt about that; the only question left is how long and hard the process will be as the hideous leviathan the utopian liberal establishment has created convulses and dies.
It’s going to die hard. And ugly.
The collapse is well-underway in Europe – Greece has gone from the cradle of democracy to a cesspool of union-fueled mobs – but America faces the same trauma. As the contradictions inherent in the vision of a societal plan based on the notion that an ever-expanding pool of Democratic-voting serfs sucking the wealth away from the mostly Republican-oriented producers who labored to create it become more apparent, the reactions and rear-guard efforts of the terminal liberal elite will grow more extreme.
We are already seeing the liberal elite lash out in anger and frustration at what is a perfect storm of failure. Glenn Reynolds, the legendary Instapundit, chronicles the daily disintegration, while the brilliant Mark Steyn’s cheery new book, After America: Get Ready for Armageddon, drops on August 8, 2011 – I’ll race you to Amazon to get a copy.
As the three components of the liberal establishment – the media, the unions and politicians – rage at the dying of the liberal light, the insanity meter will swing far into the red. It’s already begun. The Tea Party has dared to speak the truth, and the uncomfortable realities it has pointed out have destroyed the bogus consensus that has allowed the debt Titanic to sail giddily on toward the iceberg. That’s why the establishment response is to demonize the popular movement. We’re “terrorists” or “lunatics” or, bizarrely, “hobbits.” Our crime is telling the truth. Read More
The Rioting Underclass: Product of a Diseased Culture
"Pressure from above, pressure from below; It’s about eviscerating the middle class by manipulating them to demand their own enslavement"
August 9, 2011
By Paul Joseph Watson
The riots that have gripped London and swept other major cities in the UK are the product of a diseased culture that leads to violence and mayhem which ultimately only serves to benefit the ruling elite in its bid to eviscerate the middle class by manipulating them to demand their own enslavement.
Firstly, anyone who truly believes that the rioters are burning and looting to protest any legitimate grievances, at least ones that they are consciously aware of, needs their head examining.
A BBC video clip features audio of a group of drunk teenage girls describing how fun it is to engage in wanton violence and thieving. In a transparent and moronic attempt to justify their actions, the girls begin babbling about “the government….conservatives or whatever….I don’t know,” before responding to a question about why they are attacking local residents of their own community by snorting, “It’s the rich people, the people that have got businesses and that’s why all of this happened because of rich people.” Read More
August 9, 2011
By Paul Joseph Watson
The riots that have gripped London and swept other major cities in the UK are the product of a diseased culture that leads to violence and mayhem which ultimately only serves to benefit the ruling elite in its bid to eviscerate the middle class by manipulating them to demand their own enslavement.
Firstly, anyone who truly believes that the rioters are burning and looting to protest any legitimate grievances, at least ones that they are consciously aware of, needs their head examining.
A BBC video clip features audio of a group of drunk teenage girls describing how fun it is to engage in wanton violence and thieving. In a transparent and moronic attempt to justify their actions, the girls begin babbling about “the government….conservatives or whatever….I don’t know,” before responding to a question about why they are attacking local residents of their own community by snorting, “It’s the rich people, the people that have got businesses and that’s why all of this happened because of rich people.” Read More
Philadelphia Mayor Michael Nutter: “You damaged your own race.”
August 9, 2011
‘You’ve Damaged Your Own Race’: Philly Mayor Blasts Teens, Flash Mobs
‘You’ve Damaged Your Own Race’: Philly Mayor Blasts Teens, Flash Mobs
Monday, August 8, 2011
Who Made Nearly a $1 Billion Bet on U.S. Debt Downgrade?
“There are mounting rumours that investor George Soros, 80, famously known as ‘the man who broke the Bank of England’, could be involved."
August 8, 2011
The Blaze
In the first trading day following S&P’s announcement that the U.S. government credit rating would go from Triple-A down to AA+, U.S. stocks have sharply declined and investors are scrambling to rid themselves of risky assets. With Wall Street in disarray, one investor is smiling after having walked away from the crisis possibly 10 billion dollars richer. ETF Daily News reports that the investor bet on the downgrade, and is now heavily benefiting from it:
“Someone dropped a bomb on the bond market Thursday – a $1 billion Armageddon trade betting the United States will lose its AAA credit rating. In one moment, an invisible trader placed a single trade that moved the most liquid debt market in the world. The massive trade wasn’t placed in bonds themselves; it was placed in the futures market. The trade was for block trades of 5,370 10-year Treasury futures executed at 124-03 and 3,100 Treasury bond futures executed at 125-01.” Read More
The Blaze
In the first trading day following S&P’s announcement that the U.S. government credit rating would go from Triple-A down to AA+, U.S. stocks have sharply declined and investors are scrambling to rid themselves of risky assets. With Wall Street in disarray, one investor is smiling after having walked away from the crisis possibly 10 billion dollars richer. ETF Daily News reports that the investor bet on the downgrade, and is now heavily benefiting from it:
“Someone dropped a bomb on the bond market Thursday – a $1 billion Armageddon trade betting the United States will lose its AAA credit rating. In one moment, an invisible trader placed a single trade that moved the most liquid debt market in the world. The massive trade wasn’t placed in bonds themselves; it was placed in the futures market. The trade was for block trades of 5,370 10-year Treasury futures executed at 124-03 and 3,100 Treasury bond futures executed at 125-01.” Read More
Bankers Launch Next Leg Of Planned Economic Collapse
"Obama campaign blames the very people who sounded the alarm bell on the economy for the debt downgrade"
August 8, 2011
Prison Planet.com
The next leg of the planned economic collapse has now been launched with the stock market once again plunging as the Federal Reserve prepares to launch QE3, and it’s all part of the transfer of wealth from America to the offshore elite that we have been warning about for years.
As we highlighted over two years ago, shortly before Barack Obama declared the recession to be over and the stock market was artificially inflated once more, we warned that the next phase of the financial pillaging would bring about a “sucker’s rally,” with investors believing the hype about a non-existent “recovery” and ploughing all their money back into the system, only to see the rug pulled out from under their feet for a second time. Read More
Prison Planet.com
The next leg of the planned economic collapse has now been launched with the stock market once again plunging as the Federal Reserve prepares to launch QE3, and it’s all part of the transfer of wealth from America to the offshore elite that we have been warning about for years.
As we highlighted over two years ago, shortly before Barack Obama declared the recession to be over and the stock market was artificially inflated once more, we warned that the next phase of the financial pillaging would bring about a “sucker’s rally,” with investors believing the hype about a non-existent “recovery” and ploughing all their money back into the system, only to see the rug pulled out from under their feet for a second time. Read More
Sunday, August 7, 2011
America “Makes The Cut” – So What Happens Next?
"Our ability to continue funding our liabilities is now greatly diminished."
August 7, 2011
By Brandon Smith
Alt-Market.com
Around the world, starting Monday, all eyes are on the markets. The tension is palpable. The uncertainty is ample. And anger is heavy in the air. As predicted, the debt ceiling deal was not only NOT enough to assuage economic fears, it actually exacerbated them, triggering a flight from the Dow, and creating a decisive opportunity for ratings agency S&P to cut the once perfect U.S. credit rating from AAA to AA+.
At Alt-Market, we often talk about points of balance, and how certain moments in history become highly visible indicators of balance lost. If we pay close attention, and know what we are looking for, these moments can be recognized, allowing us time to shield ourselves from the explosion and the resulting financial shrapnel. The past two weeks have culminated into one of these defining events that tell us the tide has fully turned, and something new and dangerous is just over the horizon. The question now is; what should we expect?
The nature of the credit downgrade situation is not necessarily “unprecedented” in history, but it is surely unprecedented on the scale we see currently in the U.S. It is difficult to predict how exactly the investment world will react. Some consequences, though, are probable, if not inevitable. Let’s examine the events we are likely to see in the coming weeks as well as the coming months, as nations attempt to adjust to America’s final plunge… Read More
August 7, 2011
By Brandon Smith
Alt-Market.com
Around the world, starting Monday, all eyes are on the markets. The tension is palpable. The uncertainty is ample. And anger is heavy in the air. As predicted, the debt ceiling deal was not only NOT enough to assuage economic fears, it actually exacerbated them, triggering a flight from the Dow, and creating a decisive opportunity for ratings agency S&P to cut the once perfect U.S. credit rating from AAA to AA+.
At Alt-Market, we often talk about points of balance, and how certain moments in history become highly visible indicators of balance lost. If we pay close attention, and know what we are looking for, these moments can be recognized, allowing us time to shield ourselves from the explosion and the resulting financial shrapnel. The past two weeks have culminated into one of these defining events that tell us the tide has fully turned, and something new and dangerous is just over the horizon. The question now is; what should we expect?
The nature of the credit downgrade situation is not necessarily “unprecedented” in history, but it is surely unprecedented on the scale we see currently in the U.S. It is difficult to predict how exactly the investment world will react. Some consequences, though, are probable, if not inevitable. Let’s examine the events we are likely to see in the coming weeks as well as the coming months, as nations attempt to adjust to America’s final plunge… Read More
Maui man killed in Afghanistan chopper crash
August 7, 2011
HAIKUA (HawaiiNewsNow) - A Maui man was one of the 30 Americans killed in a helicopter crash in Afghanistan. According to friends, Kraig Vickers of Haiku died when insurgents shot down the military chopper. Vickers was a 1992 graduate of Maui High School.
The Maui News reports that he was a Navy bomb disposal team member. This was the single deadliest loss for U.S. troops since the war in Afghanistan started. Most of those killed were Navy SEALS.
Maui native among dead; ‘a great loss’
Kraig Vickers, a 1992 graduate of Maui High School and a Maui Interscholastic League defensive football player of the year, was among 30 Americans who died in a U.S. military helicopter shot down during fighting in Afghanistan, his father, Robert Vickers, confirmed by telephone Saturday night.
Kraig Vickers, 36, was a Navy Bomb Disposal Team member, said his father, who could barely speak of his loss.
Mr. Vickers said he and his wife, Mary, were extremely proud of their son and his 15-year military career. Read More
Friday, August 5, 2011
The President Who Wasn't There
"Obama" is the little man who wasn't there.
August 5, 2011
By James Lewis
We have a president named "Obama." If you believe your media -- (hah!) -- he is a kind of Űbermensch, a more-than-human giant intellect. Or, as one addled dork said two years ago, Obama must be A Light Bringer. That's why the Norwegian Nobel Prize committee got the hots for him so bad that they had to give him the big prize before he did anything. Like Algore's Peace Prize, it was awarded for postmodern (Po-Mo) -- that is, completely fictional -- good intentions. No actual achievements were wanted or needed. Read More
August 5, 2011
By James Lewis
We have a president named "Obama." If you believe your media -- (hah!) -- he is a kind of Űbermensch, a more-than-human giant intellect. Or, as one addled dork said two years ago, Obama must be A Light Bringer. That's why the Norwegian Nobel Prize committee got the hots for him so bad that they had to give him the big prize before he did anything. Like Algore's Peace Prize, it was awarded for postmodern (Po-Mo) -- that is, completely fictional -- good intentions. No actual achievements were wanted or needed. Read More
Thursday, August 4, 2011
The Debt Deal Con: Is It Fooling Anyone?
August 4, 2011
By Brandon Smith
Alt-Market.com
Alternative economic analysis brings with it a certain number of advantages and insights, but also many uncomfortable burdens. Honest financial research is a discipline. It requires us to not only understand the fundamentals, but to question the fundamentals. It requires us to look beyond what we would LIKE to see in the economy, and accept the reality of what is actually there. With this methodology comes the difficulty of knowing the dangers ahead while the mainstream stumbles about well behind the curve. It means constantly having to qualify one’s conclusions, no matter how factual, because the skeptics and opposition base their views on an entirely different set of rules; farcical rules that no longer (or never did) apply to the true state of our country’s fiscal health.
After a while, you begin to expect that a majority of the public will buy into any number of government or Federal Reserve con games and swindles as the process of full spectrum collapse rolls onward. However, this expectation is not always accurate…
A majority of Americans were against the bailouts, TARP, quantitative easing, the “too big to fail” concept, etc. Sometimes a government action is so fraudulent that even those who aren’t educated on the specifics can smell the grift in play. The recent debt ceiling debate and resulting debt deal are fuming with the hot stench of predigested disinformation, so much so that no one seems to be happy with it, even people who a month ago were begging for it. When you have to parade around a hobbled shooting victim in order to get any applause for your legislation, then you may be in trouble…
Read More
Wednesday, August 3, 2011
Breaking news: Multi-agency armed raid hits Rawesome Foods, Healthy Family Farms for selling raw milk and cheese
August 3, 2011
By Mike Adams, NaturalNews Editor
This is a NaturalNews exclusive breaking new report. Please credit NaturalNews.com. A multi-agency SWAT-style armed raid was conducted this morning by helmet-wearing, gun-carrying enforcement agents from the LA County Sheriff's Office, the FDA, the Dept. of Agriculture and the CDC (Centers for Disease Control).
This story is now being followed and widely reported on InfoWars (www.InfoWars.com) and the Drudge Report (www.DrudgeReport.com). See updates below... Read More
Federal Government Borrows $239 Billion On Tuesday, U.S. Debt Has Largest One-Day Bump In History – Update: Borrowing Now Tops 100% Of GDP…
Un-friggen-real!
August 3, 2011
Weasel Zippers
(The Washington Times) — U.S. debt shot up $239 billion on Tuesday — the largest one-day bump in history — as the government flexed the new borrowing room it earned in this week’s debt-limit increase deal.
The debt subject to the statutory limit shot way past the old cap of $14.294 trillion to hit $14.532 trillion on Tuesday, according to the latest the Treasury Department figures, which are released on the next business day.
That increase puts the government already remarkably close to the new debt limit of $14.694, which means one day’s new borrowing ate up 60 percent of the $400 billion in space Congress granted the president this week.
Debt numbers go up and down regularly, depending on what the Treasury Department is redeeming or issuing on any day, but have been on a steep upward trend for the past decade as spending has ballooned and revenues have fluctuated.
For the past 2 ½ months, though, the number essentially was frozen as the government was poised to reach the borrowing limit set by law. The Treasury Department used extraordinary means to stall, but was about to run out of room on Tuesday.
Update: One day after upping the debt ceiling and we’re already borrowing over 100% of GDP. Absolutely sickening.
(AFP) — US debt shot up $238 billion to reach 100 percent of gross domestic project after the government’s debt ceiling was lifted, Treasury figures showed Wednesday.
Treasury borrowing jumped Tuesday, the data showed, immediately after President Barack Obama signed into law an increase in the debt ceiling as the country’s spending commitments reached a breaking point and it threatened to default on its debt.
The new borrowing took total public debt to $14.58 trillion, over end-2010 GDP of $14.53 trillion, and putting it in a league with highly indebted countries like Italy and Belgium.
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