Category: Arrogance


Billionaire Warns: Yellen Collapse ‘Will Be Unlike Any Other’

 

 

 

 

” Another horrific stock market crash is coming, and the next bust will be “unlike any other” we have seen.

  That’s the message from Jeremy Grantham, co-founder and chief investment strategist of GMO, a Boston-based firm with $117 billion in assets under management. 

  Grantham pulls no punches when assigning responsibility for the coming financial carnage. In a recent interview with The New York Times, he calls Federal Reserve Chair Janet Yellen “ignorant” and says the Federal Reserve all but killed the economic recovery

  Grimly, he adds, “We have never had this before. It’s going to be very painful for investors.” 

  Grantham isn’t the only one worried about a market collapse. 

“ We have no right to be surprised by a severe and imminent stock market crash,” explains Mark Spitznagel, a hedge fund manager who is notorious for his hugely profitable billion-dollar bet on the 2008 crisis. “In fact, we must absolutely expect it.” 

  Billion-dollar investor Warren Buffett is rumored to be preparing for a crash as well. The “Warren Buffett Indicator,” also known as the “Total-Market-Cap to GDP Ratio,” is breaching sell-alert status and a collapse may happen at any moment. “

 

 

Money News

 

 

 

 

 

 

 

 

 

 

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IRS: Hey, Maybe We Do Have Our E-mail Backups

 

 

 

 

 

” Does the IRS actually have their backups for e-mail from the period when Lois Lerner and her group targeted conservative groups for extra scrutiny on tax-exempt applications? The agency claimed a month ago that it overwrote the tapes every six months, in one of the most notorious (and unsuccessful) Friday afternoon document dumps ever. New testimony from one of the IRS’ top lawyers released last night by the House Oversight Committee casts doubt on that story (via Instapundit):

  The IRS might not have lost the backups of former agency administrator Lois Lerner’s emails after all, according to a top IRS official.

  In testimony released Monday, Thomas Kane, the IRS’s deputy associate chief counsel, told House Oversight investigators last week that the agency was examining whether all the back-up tapes which held the emails have been recycled. “

 

 

Now that they’ve had plenty of time to create a bogus email trail they miraculously find the “back-ups” ? Hot Air has more .

 

 

 

 

 

 

 

 

 

 

 

White House Hid Huge Spike Of Families Crossing Border

 

 

 

Obama Lies … Again

 

 

” New data shows the White House has painted a false picture of the Central American migration by hiding a huge spike in “family units” who are illegally crossing the Texas border.

  The data, which was dumped by the U.S. border patrol late Friday afternoon, shows that inflow of youths and children traveling without parents has doubled since 2013, to 57,525 in the nine months up to July 2014.

  But the number of migrants who cross the border in so-called “family units” has spiked five-fold to 55,420, according to the border patrol’s data, which came out amid a storm of news about the shoot-down of a Malaysian aircraft in Ukraine, delays in failed U.S. nuke talks with Iran, and on Hamas’ continued war against Israel.”

 

 

 

 

” In the Rio Grande area where most of the migrants are crossing the border, the number of so-called “unaccompanied children” was actually outnumbered by the inflow by adults, parents and children in “family units,” according to the data.

  The much-faster growth in “family units” has been hidden by White House and agency officials, who have tried to portray the influx as a wave of children fleeing abuse and violence.”

 

  There is no reason for any of us to be surprised by this latest development in the administration-orchestrated invasion of our country . After all , this is an administration built on nothing but lies from the very beginning . The President himself and his entire life history is nothing more than a tissue of lies and fabrications aided and abetted by our supposed “watchdogs” in the media .

 

 

 

Daily Caller

 

 

 

 

 

 

 

 

 

 

 

Electorate Awakens: Obama Gas And Mortgage Groupie Now Says He Lied About Everything

    Everyone remembers this viral video of Florida mother Peggy Joseph voicing her unqualified support for Santa Obama , the candidate that will pay her mortgage and put gas in her car , but just in case you’ve forgotten just how enthusiastic the woman was here is the video again …

 

 

 

   Fast forward six years and Ms Joseph is whistling a different tune . Documentary filmmaker Joel Gilbert located Peggy as part of his latest project “There’s No Place Like Utopia” and here is what she has to say after six years of “Hope & Change”.

 

 

 

 

” Remember that South Florida woman who had her fifteen minutes of fame claiming Obama would pay for her mortgage and gas?

  Before the 2008 election, she was filmed saying “I won’t have to worry about putting gas in my car, I won’t have to worry about paying my mortgage. If I help him, he’s going to help me!”

  Well, documentary filmmaker Joel Gilbert tracked down Peggy Joseph to see how all that hope and change is working out for her and six years later, she’s had a complete change of heart. After living through Obama’s failed economic policies, she now says “he lied about everything.” “

 

Read the rest

 

 

 

 

 

 

 

 

 

 

 

Second Family Says Petersburg Police Went Too Far

 

 

 

 

 

 


” Another family has come forward claiming Petersburg Police came on their front porch and tried to stop them from shooting video of arrests happening right in front of their home.

  The family reached out to the On Your Side Investigators and shared dramatic cell phone video. The incident led to a violent confrontation.

  Cell phone video shows JaQuan Fisher, 17, standing on his own front porch recording the arrests happening on Rome Street. In the video, an officer is heard saying, “Unless you want me to take your phone from you,” before there is a struggle and video goes to black.

” I was right here. I pulled out my phone,” JaQuan said, pointing to where he was standing. 

  Petersburg Police had just busted several people at a home next door. They were handcuffing the suspects in front of Fisher’s home. He walked out onto the porch and his cousin—who was one of the people being arrested–yelled, “Start recording.” “

 

NBC12

 

 

 

 

 

 

 

 

 

Border Crisis – Danger Of Illegal Immigrants – FMR Deputy Chief Of Border Security Weighs In

 

 

 

 

Ten Reasons Why I Am No Longer A Leftist

 

 

 

” How far left was I? So far left my beloved uncle was a card-carrying member of the Communist Party in a Communist country. When I returned to his Slovak village to buy him a mass card, the priest refused to sell me one. So far left that a self-identified terrorist proposed marriage to me. So far left I was a two-time Peace Corps volunteer and I have a degree from UC Berkeley. So far left that my Teamster mother used to tell anyone who would listen that she voted for Gus Hall, Communist Party chairman, for president. I wore a button saying “Eat the Rich.” To me it wasn’t a metaphor.

  I voted Republican in the last presidential election.

  Below are the top ten reasons I am no longer a leftist. This is not a rigorous comparison of theories. This list is idiosyncratic, impressionistic, and intuitive. It’s an accounting of the milestones on my herky-jerky journey.”

 

American Thinker

 

 

 

 

 

 

 

 

 

 

 

Judge Pirro To Barack Obama: Put On Your Big-Boy Pants And Get In The Game!

 

 

 

 

 

Published on Jul 19, 2014

” Article at: http://www.westernfreepress.com/?p=24…
Judge Jeanine Pirro cycles through 5 major crises raging on the President’s watch while, she claims, he “dithers”. Comparing Barack Obama’s responses to those of Ronald Reagan’s, she calls on the President to get engaged and show us some leadership!
From Fox News’ “Justice with Judge Jeanine”, July 19, 2014 “

 

 

 

 

Staten Island Man Dies After NYPD Cop Puts Him In Chokehold

 

 

 

 

” A 400-pound asthmatic Staten Island dad died Thursday after a cop put him in a chokehold and other officers appeared to slam his head against the sidewalk, video of the incident shows.

“ I can’t breathe! I can’t breathe!” Eric Garner, 43, repeatedly screamed after at least five NYPD officers took him down in front of a Tompkinsville beauty supply store when he balked at being handcuffed.

 Within moments Garner, a married father of six children with two grandchildren, stopped struggling and appeared to be unconscious as police called paramedics to the scene. An angry crowd gathered, some recording with smartphones.

“ When I kissed my husband this morning, I never thought it would be for the last time,” Garner’s wife, Esaw, told the Daily News.”

 

Daily News

 

 

 

 

 

 

 

 

 

Victor Davis Hanson

 

 

” Barack Obama did not blow apart Hillary Clinton’s huge lead during the 2008 Democratic primaries just because he was a landmark African-American candidate, new to the scene, and a skilled campaigner. Even Democrats were all Clintoned out

  By such weariness, I don’t suggest that either of the Clintons is unpopular. Indeed, Americans apparently look fondly back on the high-growth 1990s as the continuation of the Reagan-Bush boom years, and a time when Democrats and Republicans finally fixed budget deficits. (Note well that when Obama went back to the Clinton-era tax rates for the more affluent, the deficit dipped, but certainly did not approach the balanced budget that was once achieved by spending discipline under the Clinton-Gingrich compromise.)

  The problem instead is Hillary Clinton herself. She is not a very good speaker, and is prone to shrill outbursts and occasional chortling. She has a bad habit of committing serial gaffes (e.g., speaking too candidly), and what she says on Monday is often contradicted by her rantings on Tuesday. She seems cheap and obsessed with raking in free stuff. When Bill steps in to correct her mistakes, either sloppily or out of some strange psychological spite, he usually makes things even worse. We saw that often in 2008 and are seeing it again now. But aside from the cosmetics of her political style, the Clintons are faced with two fundamental obstacles in 2016.”

 

 

 

Read the whole thing at Work & Days

 

 

 

 

 

 

 

 

 

 

20 Missiles Found In UN-Run School In Gaza

 

 

 

” Some 20 rockets were found Wednesday in a school in Gaza operated by the United Nations Relief and Works Agency, the organization confirmed Thursday.

  The weapons were found in “the course of the regular inspection of its premises,” UNRWA said in a statement, adding that the school was vacant.

“UNRWA strongly condemns the group or groups responsible for placing the weapons in one of its installations. This is a flagrant violation of the inviolability of its premises under international law,” the statement read.

  The discovery would seem to confirm Israel’s oft-repeated claim that Hamas and other Gazan terror groups use civilian infrastructure to hide weapons.”

 

 

As if any confirmation were needed to know the terrorist Palestinians hide behind women and children …

Times Of Israel

 

 

 

 

 

 

 

 

 

 

 

Twitter erupted with digital eye-rolls at Obama’s curt mention of the ‘tragedy’ that the Ukrainian government quickly called a ‘criminal case’

 

 

Boston Globe reporter Matt Viser captured the online reactions to Obama's statement about the downed airliner

 

 

 

 

” President Barack Obama provoked fury in the U.S. on Thursday by casually devoting less than a minute to the deaths of 295 people aboard a Malaysian airliner, as he began an often jokey 16-minute speech about the need to expand America’s transportation infrastructure.

  There are no confirmed American dead, although it was feared around the time the president made his remarks that as many as 23 U.S. citizens had perished.

  Obama declared in Wilmington, Delaware that ‘it looks like it may be a terrible tragedy,’ but not before enthusiastically declaring that ‘it is wonderful to be back in Delaware.’ “

 

This is what passes for leadership in today’s America … mores the pity .

 

 

 

 

 

 

 

 

 

 

 

Via Matt Drudge

 

 

 

BACKTRACK: MD governor asks White House NOT to send illegals to his state…

CT rejects children…

L.A. Plan To Provide Housing Outrages Homeless…

Hundreds of cities fight back against ‘invasion’…

Illegals hide in natural gas pipeline…

‘Coyote’ Cartoon Seeks to Slow Child Migrants…

COULTER: HAPPY 30TH BIRTHDAY, CENTRAL AMERICAN HUMANITARIAN CRISIS…

 

 

 

 

 

 

 

 

 

 

 

 

 

What This Rancher Found Near The Mexican Border Should Sound The Alarms

 

Screen Shot 2014-07-15 at 8.38.11 AM

 

 

” Texas rancher Mike Vickers found an odd book on his property: an Urdu-to-English dictionary. Urdu is the official language of Pakistan, and is spoken in Muslim areas of India and parts of Afghanistan.

  This is certainly an unusual item to find on the border of Mexico, which is a Spanish-speaking country. From The Blaze:

  While local ranchers have to contend with torn-up fences, broken water lines, contaminated wells and robbery on a daily basis from illegal immigrants streaming through, a Texas Border Patrol agent told The Blaze there is “no doubt” that among the hordes of Central Americans are also crossers from Pakistan and Afghanistan, raising significant national security concerns. “

 

 

     Anyone that believes the only people flooding across our wide open southern border either possesses a death wish or is completely ignorant of the ways of the world . No nation can survive if it cannot control who enters its territory . This is further proof that our “leader” actively seeks the end of our way of life … after all he has freely admitted that he does not believe in American Exceptionalism .

 

   Read more on the deliberate failure of the present administration to fulfill it’s primary role , that of the defense of the republic . If we have no idea who is entering the country then we have no idea WHAT is entering either . Lets hope they target DC first , and not during recess .

 

 

 

 

 

 

 

 

 

Rightwing News

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Comcastic Service Disconnection

 

 

    Give a listen to THE MOST FRUSTRATING and infuriating “customer service” representative that you have ever witnessed . It’s no wonder the family has chosen to cancel their Comcast service . I know we have all experienced an obnoxious corporate phone rep at one time or another but this fool takes the cake .

 

 

 

 

 

 

 

” So! Last week my wife called to disconnect our service with Comcast after we switched to another provider (Astound). We were transferred to cancellations (aka “customer retention”).

  The representative (name redacted) continued aggressively repeating his questions, despite the answers given, to the point where my wife became so visibly upset she handed me the phone. Overhearing the conversation, I knew this would not be very fun.

  What I did not know is how oppressive this conversation would be. Within just a few minutes the representative had gotten so condescending and unhelpful I felt compelled to record the speakerphone conversation on my other phone.

  This recording picks up roughly 10 minutes into the call, whereby she and I have already played along and given a myriad of reasons and explanations as to why we are canceling (which is why I simply stopped answering the rep’s repeated question — it was clear the only sufficient answer was “Okay, please don’t disconnect our service after all.”).

  Please forgive the echoing and ratcheting sound, I was screwing together some speaker wires in an empty living room! “

 

 

HT/Digg

 

 

 

 

 

 

 

 

 

 

 

This Eye-Opening Map Shows The Reason Gas Is More Expensive In Some States Than Others

 

   This map shows why the cost of gasoline is so high and why there is so much variation from state to state . The simple answer is , of course , taxes , both state and federal . Click on the map below to go to the interactive page that will give the reader specific details for each individual state and bear in mind that , even as the Statists demonize the oil industry as some sort of price-gouging profiteers , that the various government entities make more from the sale of a gallon of gas than do the evil energy producers .

 

 

Gas Taxes By State

Click Map For Interactive Link

 

 

” The federal excise tax is 18.4 cents per gallon, and the rest of the taxes are particular to each state and vary greatly around the country.

  The two states with the biggest taxes: New York at $0.505 and California at $0.4978. The two states with the lowest taxes: Alaska at $0.124 and New Jersey at $0.145.

  Expressed as a percentage, based upon current prices which are $3.678 as averaged across the nation, the price for a gallon of gas breaks down like this:

  • 10% for refining costs and profits
  • 10% for transportation and retailing costs and profits
  • 13% for taxes and fees
  • 67% for crude oil

  One thing to notice: The total costs and profits for everything except the oil is just slightly larger than the amount that goes to state and federal taxes.”

 

 

Here is a bit more perspective on those “massive profits” raked in by “Big Oil” …

 

 

 

 

 

 

” ExxonMobil’s earnings are from operations in more than 100 countries around the world. The part of the business that refines and sells gasoline and diesel in the United States represents less than 3 percent – or 3 cents on the dollar – of our total earnings. For every gallon of gasoline, diesel or finished products we manufactured and sold in the United States in the last three months of 2010, we earned a little more than 2 cents per gallon. That’s not a typo. Two cents.”

 

 

 

As the astute reader can easily ascertain , the only “price gouger” in the energy business is the State .

 

 

 

 

 

 

 

 

 

 

Report: Small Lifeless , Dead Children Found “Washed Up Along Riverbank” of Rio Grande

 

 

 

 

 

” A Fox News exclusive reported this morning by Jana Winter inexplicably buried the lede.

  Winter reports that several dead children have been discovered “washed up along the riverbank” of the Rio Grande, but fails to note that there have been no reports by the Obama administration on this.

  This indicates a pattern of covering up dead illegal alien kids by the Obama administration. It was two weeks before news was reported on the sole child death acknowledged by the Obama administration, Gilberto Ramos, a 15 year-old boy from Guatemala whose body was found in the Texas brush dead from the heat. “

 

   What’s a few dead children when you are trying to remake American society in your own (Stalinist) image ? The Left is well-versed in the knowledge that some must die that others may rule …

Jim Hoft at Gateway Pundit has more

 

 

 

 

 

 

 

 

 

 

Houston Black Woman Epic Rant on Illegals – ” Why Can’t They Go Back ? ” – Bernadette Lancelin

 

 

 

 

Published on Jul 9, 2014

” Bernadette Lancelin is very upset that the unaccompanied minors flooding across the border aren’t being sent back home. Instead they are being put in detention centers around the country. Lancelin is out with the local news in Houston because a closed middle school that hasn’t been used in years is now on the list to become another detention center. And she, among others, is furious about it. It’s not right. Now billions of dollars want to be borrowed from the White House to help feed and house them.

  What about the kids here? In our neighborhood? In our country? Not just in this neighborhood but in our country.

All these kids? Really? Why can’t they go back?

  I’m sorry that their parents are in poor living conditions or surroundings or whatever’s going on out there. I don’t care.

  I care about what’s going on right here in my own back yard, my neighborhood.

  Am i the only one in this community that’s out here that watches the news this morning. Oh, my god! I feel alone right now this this, and I’m very saddened by it.”

 

 

 

 

   The above graphic says it all . No one has been worse for the black community than the “first black president” yet he has continued to command their undying loyalty . Maybe that is about to come to an end . Sooner our later everyone has to look beyond racial pride and see to their own best interests .

 

 

 

 

 

 

 

 

 

Bloggers, Surveillance And Obama’s Orwellian State

 

 

 

 

 

 After resigning as the press secretary for President Obama on June 20, Carney gave insight into the Obama administration’s handling of classified documents, and responded to criticism that this administration has been the most Orwellian in recent history.

“ I know — because I covered them — that this was said of Clinton and Bush, and it will probably be said of the next White House,” said Carney in a recent New York Times Magazine interview. “I think a little perspective is useful…It is a serious, serious matter to leak classified information. Some of the debate around this kind of forgets how serious that is.”

 

 

Even in retiring Carney can’t help but pull out the old “Bush did it” card …

 

 

” But, it could also be the changing nature of the relationship between the media and the White House. At a recent event at the New America Foundation, journalists and historians challenged Carney, arguing that this White House has been more secret than previous occupants.

“Increasingly, the Obama White House has become so brittle, and so controlling of the message, that people are afraid to respond to me,” said Kimberly Dozier, a former Associated Press reporter. She was one of the journalists whose phone records were obtained by the Department of Justice last spring during its investigation into a leak of classified information about a failed Al-Qaeda plot. The scope of that investigation, some critics said, was unprecedented overreach.

  According to ProPublica, the Obama administration has filed eight cases under the Espionage Act, which criminalizes disclosing information harmful to national security. Before the Obama administration, only three known cases had ever been charged under the act.”

 

    In the end Time reverts to it’s roots and blames bloggers in justifying the administration crack-down on journalistic freedom , comparing bloggers to “pamphleteers” and calling for them to uphold “the same standards as 20th century journalists” … LOL , not exactly setting a very high bar now are they ?  … Read the rest at Time

 

 

 

 

 

 

 

 

 

 

 

Judge Jeanine Pirro: Obama Deliberately Encouraging Illegal Immigration

 

 

 

 

Published on Jul 12, 2014

” Enter your views and comments a thttp://www.westernfreepress.com/?p=24…
Judge Jeanine Pirro accuses Barack Obama of deliberately leaving the border open in order to change the demographics and electorate in the United States. From “Justice with Judge Jeanine”, July 12, 2014 “

 

 

 

 

 

 

 

 

 

 

 

 

Federal Agents Swarm Livingston, Ill.

 

 

 

 

 

 

 

” Homeland security, the US Customs and Border Patrol and other police agencies swarmed Livingston, Illinois.

  They all parked in the field of a grade school.The peacefulness of the town of 850 was broken by all the excitement.

  The law officers would not comment about their operation, even to the school superintendent and they were using the school district’s land.”

 

 

More here and see Alex Jones for much more on the latest demonstration of State power …

 

 

 

” Residents of Livingston, IL., population 850, were shocked to see agents from Homeland Security, the US Customs and Border Patrol and local police agencies swarm a field belonging to a grade school yesterday, with one local telling news channel KTVI, “When all the armored trucks started showing up and everything it made me kind of nervous.”

  One child said he thought the spectacle was “pretty cool” and that agents invited the local children to check out the choppers up close, despite the presence of weapons inside the helicopters.

  The school superintendent said he was not given any information about the operation beforehand, despite authorities using school land as a staging ground. The U.S. Attorney’s Office refused to release any information on the purpose behind the operation.

  KTVI labeled the presence of the feds a “mystery,” although it subsequently emerged that the school was being used as a staging ground for a raid on a house three miles away. Authorities refused to divulge the purpose behind the raid or if anyone was taken into custody. “

 

 

   Statism on the march , the conditioning of the people continues with the goal of making declarations of martial law commonplace and ordinary . Witness the testimony regarding the people thinking the massive display of State firepower as being “pretty cool” . 

    Yes folks , it’s all “pretty cool” … until it’s your door the kick in in the middle of the night … How cool is that ?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Why You Feel Poorer

 

 

costoflivingxpenses-7-1-14

 

 

 

 

” You feel poorer because you are poorer.

  In the last fourteen years, has your income increased over 50%? If you think it has, has it done so after taxes? Even if it has, you likely have not kept up in terms of inflation.

  If you are a retiree, living on fixed income, a pension or bonds, you certainly have become poorer. If you had bought the Dow-Jones on 12/31/1999 you would have entered at about 11,500. It closed last week at less than 17,100. That would have been an appreciation of 6,600, better than 50%. But, of course, that was before taxes.

  As a retiree, you have seen your purchasing power stolen by Fed policies. Whether you invested in fixed income or equities, you lost ground. Anyone in that position has seen their lives become poorer despite a lifetime of successful work and careful financial planning.”

 

 

    As it stands now , no matter how hard you work and save , you’ll never get ahead , not with the present monetary policies put in place at the behest of the Fed and the government . The authorities are systematically destroying all that the American public has worked so hard to attain . The American dream is not being killed by China … It is a victim of filicide

 

 

” For those still working, most are losing purchasing power each year. Wages are not keeping up with inflation, even the understated numbers reported by government. In short, the decline of a once-great economic power is well underway. The country is no longer growing enough to raise everyone’s standard of living.

  Government has killed the golden goose and in an attempt to hide the obvious is debauching the dollars. Government tries to hide their own failure with phony statistics and a welfare state designed to placate the masses. Bread and circuses are deceptions not progress.”

 

 

Read the rest

 

 

 

 

 

 

Democrat Offers $100K Reward For Naked Photos Of Teenage Hunter

 

 

dick

 

 

” Virginia Democrat Mike Dickinson is offering a huge reward for anyone who can send him nude photographs of Kendall Jones, the hunter/cheerleader from Texas who is causing so much fuss over her exotic big game hunts.

“I have 100k to anyone who has nude photos or videos of #kendalljones at Texas tech (sic),”  Dickinson tweeted. “She deserves to be a target. “

   What a moron . The people of Virginia should be ashamed of themselves for even considering to allow this idiot to be one of their leaders . Regardless of your feelings towards trophy hunting Ms Jones has absolutely nothing to do with Mr Dickinson’s race for Congress .

    This is a blatant attempt to generate publicity by a second-rate candidate at the expense of a private citizen . Where have we seen this type of behavior before ? Oh yes , we seem to recall our “honorable” president , Nancy Pelosi , and Harry Reid calling out/declaring war on private citizens exercising their right to support the political beliefs of their choosing .

 

 

This man is a joke of a candidate and typical of the hypocritical Dem as this video clip from Greta amply demonstrates …

 

 

 

 

 

 

 

 

 

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