“Nobody really likes paying their taxes. But, as the old adage about “death and taxes” conveys, there is a sense that taxes are as legitimate and as inevitable as death itself. In their acceptance of taxation, many well-meaning people forget that taxation violates our most basic moral principles.
If you have ever been to a kindergarten or a playground where very young children play, you might have realized that, although the kids are too young to understand many things, they already have a surprising sense of justice.
Take a toy away from a toddler who cannot yet speak a word, and you will often be met with a very clear protest. As far as the toddler is concerned, you have stolen her toy, you have initiated violence, and therefore it’s time to cry. The toddler’s reasoning probably isn’t this sophisticated, but the understanding is there.”
“Is this the endgame for the US dollar?
It’s broken down through a key level of support.
What could save it?
What are the implications of further falls?
Let’s take a look…
A century of devaluing the dollar
The chart below shows the US dollar index – that is, the US dollar measured against a basket of foreign currencies. This is divided roughly as follows:
Euro (EUR): 57%
Pound sterling (GBP): 12%
Canadian dollar (CAD): 9%
Swedish krona (SEK): 4%
Swiss franc (CHF): 3.5%
Japanese Yen (JPY): 13.5%
We start with a 15-year chart, so we can see the performance of the dollar in some kind of long-term perspective. As you can see, the last ten years have been a decade the US dollar would rather forget.”
Via Money Week
“Let’s go back to the beginning of the current economic crisis — yes, it is still a crisis for many millions of Americans who lost their jobs, ruined their credit, filed for bankruptcy, lost their homes, and lost their lifestyle.
Shanty towns have popped up all over America, though rarely gaining media exposure.
Tens of millions have been ripped from the middle class back down into the poverty from whence their parents or grandparents had climbed.
Make no mistake: it is not capitalism that got us here; it is government interventionism and central banking — the Federal Reserve.”
Via Business Inside
“After recently undertaking a journey to walk — not fly — across the United States in the “Grounded” storyline and reconnect with the country and everyday Americans, Superman appears to be taking another step that could have major implications for his national identity: in Action Comics #900 Superman announces that he is going to give up his U.S. citizenship. Despite very literally being an alien immigrant, Superman has long been seen as a patriotic symbol of “truth, justice, and the American way,” from his embrace of traditional American ideals to the iconic red and blue of his costume.
What it means to stand for the “American way” is an increasingly complicated thing, however, both in the real world and in superhero comics, whose storylines have increasingly seemed to mirror current events and deal with moral and political complexities rather than simple black and white morality.
The key scene takes place in “The Incident,” a short story in Action Comics #900 written by David S. Goyer with art by Miguel Sepulveda. In it, Superman consults with the President’s national security advisor, who is incensed that Superman appeared in Tehran to non-violently support the protesters demonstrating against the Iranian regime, no doubt an analogue for the recent real-life protests in the Middle East. However, since Superman is viewed as an American icon in the DC Universe as well as our own, the Iranian government has construed his actions as the will of the American President, and indeed, an act of war.”
Via Weasel Zippers
“A pub singer has been arrested on suspicion of racism for singing the classic chart hit Kung Fu Fighting.
The song, performed by Simon Ledger, 34, is said to have offended two Chinese people as they walked past the bar where he was singing.
The entertainer regularly performs the 1974 number one hit, originally by disco star Carl Douglas, at the Driftwood Beach Bar in Sandown, on the Isle of Wight.”
Via Daily Mail
Obama on Birth Cert Release at 9:45 am: “We Don’t Have Time for This Silliness” — 10:05 am: On Flight Bound for Interview With Oprah
“In a press conference announcing the release of his long form birth certificate, Obama denounced the “silliness,” the “sideshows and carnival barkers” that forced him to release a completely unremarkable document after years of speculation on the issue had metastasized into a political phenomenon he could no longer ignore.
“We do not have time for this kind of silliness. We’ve got better stuff to do. I’ve got better stuff to do. We’ve got big problems to solve,” the president said.
Minutes later, he boarded a helicopter, bound for Chicago where he will interview with Oprah, the queen of daytime TV talk shows who recently launched her own network.
The press conference was held a few minutes after 9:45 a.m. At 10:05 a.m. he was in the air, according to a White House pool report, which noted “Oprah awaits.” “
Via Weasel Zippers
“Once upon a time in America, virtually anyone with a high school education and the willingness to work hard could get a good job. Fifty years ago a “good job” would enable someone to own a home, buy a car, take a couple of vacations a year and retire with a decent pension. Unfortunately, those days are long gone. Every single year the number of “good jobs” in the United States actually shrinks even as our population continues to grow. Where in the world did all of those good jobs go? Economists toss around terms such as “outsourcing” and “offshoring” to describe what is happening, but most ordinary Americans don’t really grasp what those terms mean. So what is outsourcing? Well, it essentially means sending work somewhere else. In the context of this article I will be using those terms to describe the thousands of manufacturing facilities and the millions of jobs that have been sent overseas. Over the past several decades, the U.S. economy has become increasingly merged into the emerging “one world economy”. Thanks to the WTO, NAFTA and a whole host of other “free trade” agreements, the internationalist dream of a truly “global marketplace” is closer than ever before.”
“The waste, fraud and corruption in our federal government established over decades via career politicians and faux political party’s has brought our country to the brink of disaster. The recent threat of a government shutdown over contrived budget differences was a golden opportunity to stop the corporately controlled machine that is killing us. This should not have been a matter of preventing a shutdown…..we should have insisted they shut down. And then we should have stepped up, cleaned house (and senate) and used this opportunity to rid ourselves of these prevaricator’s, thieves, charlatans…. corporate lackey’s all of them, and started over.
After viewing the political trickery sold to the public as “spending cuts of historic proportions”, I decided to write my own list of REAL spending cuts that would benefit us all. I believe I can save the country more than a measly 78 or 84 billion in pretended cuts put out by the Repli-crats.”