“This is hilarious… glad to see a small business owner stick to his principles. When the Biden advance team asked Chris McMurray if the Vice President could visit his cookie shop, he flatly refused! Here’s why:”
“Very simply, ‘you didn’t build that’” McMurray said. “Speaking of small businesses and entrepreneurs all across this country and actually last night my wife was up all night. No sleep, she’s worked a full 24 hours.”
When “Crumb and Get It” said ‘no’, “River City Grill,” just around the corner, said ‘yes’ and has the pictures to prove it, and didn’t care about the politics.
Via Sooper Mexican
“What a depressing choice the American people are being presented with this year. We are at a point in our history where we desperately need a change of direction in the White House, and we are guaranteed that we are not going to get it. The Democrats are running the worst president in American history, and the Republicans are running a guy who is almost a carbon copy of him. The fact that about half the country is still supporting Barack Obama shows how incredibly stupid and corrupt the American people have become. No American should have ever cast a single vote for Barack Obama for any political office under any circumstances. He should never have even been the assistant superintendent in charge of janitorial supplies, much less the president of the United States. The truth is that Barack Obama has done such a horrible job that he should immediately resign along with his entire cabinet. But instead of giving us a clear choice, the Republicans nominated the Republican that was running that was most similar to Barack Obama. In fact, I don’t think we have ever had two candidates for president that are so similar. Yes, there are a few minor differences between them, but the truth is that we are heading into Obama’s second term no matter which one of them gets elected. The mainstream media makes it sound like Obama and Romney are bitter ideological rivals but that is a giant lie. Yeah, they are slinging lots of mud at each other, but they both play for the same team and the losers are going to be the American people.”
“Out of the Ashes (Rebuilding the International Monetary System)? … The International Monetary Fund (IMF) is an organization of 188 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. – United Newsreel Corporation
Dominant Social Theme: John Maynard Keynes and Harry Dexter White were far-sighted individuals who helped create that most far-sighted of institutions, the International Monetary Fund.
Free-Market Analysis: This video, which has just gone up on YouTube, tells the tale of the formation of the International Monetary Fund.
Interestingly, it’s been placed on YouTube by the IMF itself, which has its own YouTube channel. You can read the description of the IMF above.
The newsreel, which must have been put together in the 1940s or early 1950s, sounds like any other Western propaganda of the time. The sonorous voice-over of the narrator telling us what to believe is especially noteworthy – and would be amusing if one didn’t already know how much suffering the IMF has caused.”
Via Alt Market
“The worst drought in more than 50 years is having a devastating impact on the Mississippi River. The Mississippi has become very thin and very narrow, and if it keeps on dropping there is a very real possibility that all river traffic could get shut down. And considering the fact that approximately 60 percent of our grain, 22 percent of our oil and natural gas, and and one-fifth of our coal travel down the Mississippi River, that would be absolutely crippling for our economy. It has been estimated that if all Mississippi River traffic was stopped that it would cost the U.S. economy 300 million dollars a day. So far most of the media coverage of this historic drought has focused on the impact that it is having on farmers and ranchers, but the health of the Mississippi River is also absolutely crucial to the economic success of this nation, and right now the Mississippi is in incredibly bad shape. In some areas the river is already 20 feet below normal and the water is expected to continue to drop. If we have another 12 months of weather ahead of us similar to what we have seen over the last 12 months then the mighty Mississippi is going to be a complete and total disaster zone by this time next year.”
Via Zero Hedge
“Ironically while the financial sectors of both the US and the Euro Area are nearly identical in their liability composition, where they differ is in the amount of deposit buffers backing the financial system: in Europe deposits are nearly three times greater than the US! Of course, this is a double edged sword: on one hand it means banks have a greater cash-based capital buffer – US banks would die to have the nominal amount of European deposits – but it also means that European banks have a far greater propensity to bank runs (as we have witnessed) since in Europe the shadow banking system is far less developed, and by implication it also means that Inflation in Europe is a far, far greater risk. Perhaps the Bundesbank, for all the criticism it gets day in and day out, is spot on in its unwilliningess to cede to the ECB’s endless money printing demands. Actually scratch the “perhaps.””
Via Zero Hedge
“On Tuesday we heard news that July retail sales rose, breaking a three-month downtrend.
Doug Short at advisor Perspectives has a great set of charts in his report Retail Sales: At Last, an Improvement!
Doug puts the improvement in proper perspective. However, my first thought in reading the report was “July sales will be likely revised lower”.
Now I’m Wondering “What’s Going on in California?”
My change in perspective come from looking at California State Finances for July 2012.
Compared to Budget
Total Revenues: -$475 million (-10.1%)
Income Tax: $12 million (0.4%)
Sales Tax: -$295 million (-33.5%)
Corporate Tax: $57.1 million (27.4%)
Compared to 2011
Total Revenues: -$468.8 million (-10%)
Income Tax: $156.2 million (5%)
Sales Tax: -$390.7 million (-40%)
Corporate Tax: -$26.4 million (-9.1%)”
“Police in Jonesboro investigating the death of a man they detained in the back of a squad car have released a video that they say explains how he could have shot himself in the head while his hands were handcuffed behind his back.
The story hit the headlines earlier this month as officers claimed that 21 year old Chavis Carter killed himself after being searched on suspicion of possessing marijuana. Officers double-locked the handcuffs, making it harder for the lock to be picked, but claimed that Carter was able to pull out a hidden gun, raise it to his head and pull the trigger while they were temporarily away from the car.
The officers say they found a small, .380 caliber handgun and a spent cartridge in the backseat next to Carter’s slumped lifeless body. They claim that the weapon must have been overlooked when they searched Carter, twice.
As part of the investigation into the death, and perhaps also in response to claims of foul play, police released a video, depicting several officers of different heights and builds being cuffed, but still being able to raise a concealed replica gun to their heads.”
Via Info Wars
“A judge has dismissed a drug possession charge against a man who was subjected to an improper search of his anal area by Milwaukee police, an apparently common practice that led to the reassignment of seven officers and a sergeant after it came to light earlier this year.
According to his motion to suppress evidence, Jaquan Westmoreland was a rear seat passenger in a car police stopped in the 2000 block of W. Capitol Drive in October because of a defective taillight. He was immediatelly pulled from the car and handcuffed and subjected to a search of thigh and buttocks area, according to court records.
But Westmoreland, 24, tensed up and refused officers’ orders to relax, thereby making for officers to reach between his buttocks so he was “decentralized” to the ground by several officers before one then found a baggie of marijuana in his buttocks.
Police said they suspected Westmoreland might be armed or have drugs because they noticed his shoulder dip as the car was being stopped.
Westmoreland’s attorney, Christian Eichenlaub, argued the entire stop and frisk went well beyond what was legal, since police had no articulable suspicion that Westmoreland was armed or had drugs, other than their observations of simple shoulder movement that could have resulted from reaching for a wallet or phone. They didn’t ask Westmoreland if had weapons, or try to see any on him or in the car before starting the improper frisk, his attorney argued.”