“A provocative and interesting piece by Stanley Kurtz in the National Review suggests that one of the ways President Obama is seeking to “spread the wealth around” is to snatch the taxes paid by those who have “made it” and moved to the outer suburbs and share the loot with their less successful, urban based neighbors.
The effort, Kurtz writes, is falling largely under the radar because it is presented as an environmental and stress-reducing beautification program known as the anti-suburban sprawl movement.
Suburban sprawl theorists argue that the spreading out of populations to the far suburbs abolishes wonderful farmland, wastes land that could be devoted to parks and recreation, results in ugly McMansions, and pollutes because of the distances required driving to work, to the mall, to your friend’s house, and so forth.
The solution is to bunch people into smaller urbanized living areas, suburban sprawl experts say, while expanding public transportation to get them the now shortened distances they need to go.”
“Beginner Prepper Fitness Program
Monday: Stretching 10 minutes, Moderate walk, Strength
Tuesday: Stretching 10 minutes, Moderate walk
Wednesday: Stretching 10 minutes, Training walk with weight
Thursday: Stretching 10 minutes, Moderate walk
Friday: Stretching 10 minutes, Moderate walk, Strength
Saturday: Stretching 10 minutes, Training walk with weight”
Via Alt Market
“Are you ready to have a microchip implanted into your brain? That might not sound very appealing to you at this point, but this is exactly what the big pharmaceutical companies and the big technology companies have planned for our future. They are pumping millions of dollars into researching “cutting edge” technologies that will enable implantable microchips to greatly “enhance” our health and our lives. Of course nobody is going to force you to have a microchip implanted into your brain when they are first introduced. Initially, brain implants will be marketed as “revolutionary breakthroughs” that can cure chronic diseases and that can enable the disabled to live normal lives. When the “benefits” of such technology are demonstrated to the general public, soon most people will want to become “super-abled”. Just imagine the hype that will surround these implants when people discover that you can get rid of your extra weight in a matter of days or that you can download an entire college course into your memory in just a matter of hours. The possibilities for this kind of technology are endless, and it is just a matter of time before having microchips implanted into your brain is considered to be quite common. What was once science fiction is rapidly becoming reality, and it is going to change the world forever.”
“In an easily predictable move, Illinois Governor Pat Quinn has recently proposed a plan to ban what he calls “assault” weapons in his state.
Quinn is using his amendatory veto power as Governor to make changes to a bill dealing with ammunition sales and add language that would prohibit the sale, manufacture, purchase, and possession of “semi-automatic assault weapons and attachments.”
Now that Quinn has made his changes to the bill, Illinois lawmakers will have to make the choice as to whether they will accept the amended version or reject it. They could also simply not call a vote on the legislation and allow it to die.
The bill, with the new language added by Quinn, also specifically bans the AK-47, AR-15, and TEC-9. “
Via Activist Post
“Do you want to know when the “economic collapse” is going to happen? Just open up your eyes and take a look. The “economic collapse” is already happening all around us. So many people talk about the coming economic collapse as if it is some massively hyped event that they will be able to point to on the calendar, and a lot of writers spend a lot of time speculating about exactly when it will happen. But as I have written about before, the economic collapse is not a single event. The economic collapse has been happening, it is happening right now, and it will be getting a lot worse. Yes, there will be moments of great crisis. We saw one of those “waves” back in 2008 and another “wave” is rapidly approaching. But all of the waves are part of a process that is continually unfolding. Over the past 40 years, the United States and Europe have piled up the greatest mountain of debt in the history of the world, and now a tremendous amount of pain is heading our way. Economic conditions in the United States and Europe have already deteriorated badly and they are going to continue to deteriorate. Nothing is going to stop what is coming.”
““When they come for my gun, they will have to pry it out of my cold, dead hands,” is a common refrain I often hear from the Neo-Cons when there is a threat, credible or otherwise, that the US government is going to take their firearms.
And, when I hear this crazy talk, I agree with them openly. “You are right. They will pry your gun from your cold dead hands,” which I often follow with the question, “And where will that leave you except face down in a pool of your own blood the middle of the street, just another dead fool resisting the State?”
This is not a question they are comfortable with, if only because the intent of their saber-rattling was to imply they would fight to keep their weapons, and win.
Nice fantasy. It’s not happening.
If the federal government decides to disarm the public, and one of these (see photo below) rolls down your street after a not-so-subtle request that you kindly turn over your firearms and ammunition “for the common good,” it will be nothing less than suicide by cop to do anything other than what you are told.”
“The following chart from today’s TBAC presentation slidedeck should put to bed all debate of not only what the US government spends its money on (of which about half is generated through tax collection and half is borrowed primarily from either China or the Fed), but also what the trends in current year spending are compared to 2011. In summary: of the 4 biggest categories HHS (Medicare & Madicaid), Social Security or together Welfare, Treasury and Defense, Welfare is higher, Treasury is higher, and Defense is not only lower, but has lost to Treasury as the third biggest expense category year to date. “
Via Zero Hedge
Dismal Manufacturing Numbers Worldwide; US ISM in Contraction Second Month; Why Another Round of QE is Pointless
“Everyone is looking for the Fed to do something.
I have to ask what good could it possibly do? Yield on the 10-year treasury is about 1.5%. Would it make any difference to businesses if it was 1.25% or even 1%?
I suggest additional monetary stimulus would not do anything to spur job creation and it would continue to punish those on fixed incomes.
An additional round of QE could ignite a further rally in equities (already in bubble land). However, one of these QE moves by the Fed will blow sky high, and with equities priced beyond perfection, the next round of QE may be the one.
I had not seen this ISM report when I wrote ADP Estimates Nonfarm Payroll Growth at +163,0000; Why I’ll Take the Under (Way Under)
This is what I said earlier today “Given the global collapse in new orders including the US, weak ISM numbers in the US, and generally bad regional manufacturing reports, I believe there is potential for a really awful jobs report either this month or next and I will go for this month.”
I certainly see no reason to change that call.”
“American manufacturing unexpectedly contracted in July for a second month, reflecting a drop in orders that threatens to undercut a mainstay of the recovery.
The Institute for Supply Management’s factory index was 49.8 last month, little changed from a three-year low of 49.7 reached in June, the Tempe, Arizona-based group said today. Economists surveyed by Bloomberg News projected a reading of 50.2, according to the median estimate, just above the 50 mark that separates expansions and contractions. “
“The House Ethics Committee issued a report on Wednesday finding Rep. Laura Richardson (D-Calif.) guilty on seven counts of violating the chamber’s rules by improperly pressuring her staff to campaign for her, destroying evidence and tampering with witness testimony.
The panel recommended that the House adopt the report and approve a formal reprimand of Richardson for her actions.
If the reprimand is approved, Richardson has agreed to pay a fine of $10,000 within four months and require staffers who work on her campaign to sign a waiver stating that they haven’t been pressured to do so.
The verdict comes as Richardson faces one of the toughest member-on-member races this year against fellow Democrat Rep. Janice Hahn (Calif.).
The Ethics committee said it found Richardson guilty of “requiring or compelling her official staff to perform campaign work” and “obstructing the investigation of the committee and the [investigative subcommittee] through the alteration or destruction of evidence.””