Category: Debt

    In remembrance of those who made the ultimate sacrifice here are some links to Memorial Day posts from our archives … 


Americans Forget The Meaning Of Memorial Day!

Know Your History … The Origins Of Memorial Day

A Little Reminder Of What Memorial Day Is Really About …

Memorial Day Via The Looking Spoon

What Memorial Day Is Really All About

History Of Memorial Day Memorial Day Tribute

No Daily Comedy 5.27.13 – Memorial Day Tributes

Daily Video 5.27.13 Memorial Day 2013

Thank You , Mr President … For Staying Away From Arlington On Memorial Day




Thank you veterans , both living and deceased , we honor your sacrifice …












Feds Set Tax Haul Record: $472B In One Month






” The federal government set a record tax haul in April, taking in nearly a half-trillion dollars in one month alone, according to Congressional Budget Office statistics released Thursday.

  April is always a busy month with the tax deadline on April 15, but this year’s haul was historic, totaling $472 billion, far outstripping the previous monthly record, set last April, of $414 billion.

  Spending, meanwhile, was a more modest $317 billion, leaving the government with a surplus for that one month of $155 billion — also a record.”

Washington Times


Happy Birthday FA von Hayek




Wiki Bio


” Friedrich August Hayek ; 8 May 1899 – 23 March 1992), born in Austria-Hungary as Friedrich August von Hayek and frequently known as F. A. Hayek, was an Austrian, later turned British , economist and  philosopher best known for his defense of classical liberalism. In 1974, Hayek shared the Nobel Memorial Prize in Economic Sciences (with Gunnar Myrdal) for his “pioneering work in the theory of money and economic fluctuations and … penetrating analysis of the interdependence of economic, social and institutional phenomena”.

Hayek is an economist and major political thinker of the twentieth century. Hayek’s account of how changing prices communicate information which enables individuals to coordinate their plans is widely regarded as an important achievement in economics. He also contributed to the fields of systems  thinking ,  jurisprudenceneuroscience, and the history of ideas.

  Hayek served in World War I and said that his experience in the war and his desire to help avoid the mistakes that had led to the war led him to his career. Hayek lived in Austria, Great Britain, the United States and Germany, and became a British subject in 1938. He spent most of his academic life at the London School of Economics (LSE), the University of Chicago, and the University of Freiburg.

  In 1984, he was appointed as a member of the Order of the Companions of Honour by Queen Elizabeth II on the advice of Prime Minister Margaret Thatcher for his “services to the study of economics”. He was the first recipient of the Hanns Martin Schleyer Prize in 1984. He also received the US Presidential Medal of Freedom in 1991 from president George H. W. Bush. In 2011, his article The Use of Knowledge in Society was selected as one of the top 20 articles published in the American Economic Review during its first 100 years.







Concise Encyclopedia Of Economics:


” If any twentieth-century economist was a Renaissance man, it was Friedrich Hayek. He made fundamental contributions in political theory, psychology, and economics. In a field in which the relevance of ideas often is eclipsed by expansions on an initial theory, many of his contributions are so remarkable that people still read them more than fifty years after they were written. Many graduate economics students today, for example, study his articles from the 1930s and 1940s on economics and knowledge, deriving insights that some of their elders in the economics profession still do not totally understand. It would not be surprising if a substantial minority of economists still read and learn from his articles in the year 2050. In his book Commanding Heights, Daniel Yergin called Hayek the “preeminent” economist of the last half of the twentieth century.”




Further Reading


The Friedrich Hayek Quote Page

Biography of F. A. Hayek (1899-1992)

Friedrich Hayek (Stanford Encyclopedia of Philosophy)

F. A. Hayek |

BBC News – Masters of Money: Friedrich Hayek

F.A. Hayek – Encyclopedia Britannica

BBC News – Keynes v Hayek: Two economic giants go head to head

Friedrich von Hayek Nobel Prize Winner







  • Monetary Theory and the Trade Cycle (1929) 


  • Prices and Production (1931) 
  • Monetary Nationalism and International Stability (1937) 
  • Profits, Interest and Investment (1939) 



  • “The Transmission of the Ideals of Economic Freedom,” (1951) Full Article
  • John Stuart Mill and Harriet Taylor: Their Friendship and Subsequent Marriage (1951) ISBN 978-0-678-06504-4
  • The Counter-Revolution of Science: Studies on the Abuse of Reason (1952) ISBN 978-0-913966-67-9
  • The Sensory Order: An Inquiry into the Foundations of Theoretical Psychology (1952) ISBN 978-0-226-32094-6
  • The Political Ideal of the Rule of Law (1955)










How To Fix The Broken Budget






” Congress is required by law to pass a budget each fiscal year which lays out the framework for allocating taxpayer dollars for all federal programs. Additionally, Congress must pass 12 function and program –related appropriations bills that then distribute the funds to the various departments, agencies, and programs.

  Instead, Congress and the administration have relied on last-minute continuing resolutions (CRs) and omnibus spending bills that kick the can down the road by adopting only set levels of funding — providing no oversight over the worthiness of program spending, nor prioritizing spending according to our country’s needs.

  As President Reagan famously said: “Government programs, once launched, never disappear…a government bureau is the nearest thing to eternal life we’ll ever see on this earth.”

  This broken approach must end if we are to ensure long-term competitiveness and quality of living in America for future generations.

  Let’s take a deeper look at the problem:

  • Continuing resolutions keep programs on “auto-pilot” from year to year without any assessment of whether the money is being well spent. There have been more than 20 of these resolutions in the past five years.
  • Nearly 200 government programs are “fragmented, duplicative, overlapping or just inefficient,” according to a Government Accountability Office (GAO) report.
  • Congressional committees, charged with scrutinizing how each federal department and agency is actually spending taxpayer dollars, are strapped for time to do so. Committees, on average, hold specific program oversight hearings only a few hours each month and generally focus attention on only one or two programs each year — neglecting many programs under their jurisdiction.
  • Without proper legislative oversight, wasteful government spending continues its meteoric climb as more and more power is ceded to the unaccountable executive branch to govern the programs. No oversight translates into a bureaucracy jobs program — paying federal workers billions to implement programs that have outlived their original mission.

  Incredibly, it’s been revealed that the government does not actually know the exact number of agencies, offices and government corporations it comprises. (A cursory count on various lists shows the number is in the several hundreds).”




Read more













More Than 9,000 Gallons Of Fuel To Be Used On Air Force One For Obama’s Trip To Everglades On Earth Day





” With swampy wetlands and alligators as his backdrop, President Barack Obama will use a visit to Florida’s Everglades to warn of the damage that climate change is already inflicting on the nation’s environmental treasures — and to hammer political opponents he says are doing far too little about it.

  Obama’s trip to the Everglades on Wednesday, timed to coincide with Earth Day, marks an attempt to connect the dots between theoretical arguments about carbon emissions and real-life implications. With his climate change agenda under attack in Washington and courthouses across the U.S., Obama has sought this week to force Americans to envision a world in which cherished natural wonders fall victim to pollution.

  According to CBS News White House Correspondent Mark Knoller, Obama’s Earth Day trip to the Everglades will cover 1,836 miles roundtrip and consume 9,180 gallons of fuel on Air Force One.

Read more












A Multi-Millionaire’s Personal Blueprint For Surviving the Coming Currency Collapse



” Dear Fellow American,

  Do you believe America’s financial problems from 2008 have been fixed?

  Do you think we’ll have another banking crisis in the next few years, or a problem with our currency?

  If you are concerned about these possibilities, you are not alone.

  After all: What we are witnessing in America today is unprecedented.

  Our government has embarked on a gross, out-of-control experiment, expanding the money supply 400% in just six years, and more than doubling our national debt since 2006.

  It took our nation 216 years to rack up the first $8.5 trillion in debt… then just 8 more years to double that amount.

  And this is precisely why so many questions about the economy and our future remain. For example.. “



The tale of financial woe continues …



” The American people deserve to know what our government has done, what’s coming next, and what you must do to protect yourself and your family from the disaster our government has created.

  Many of the smartest people in the industry… like CIA and Pentagon insider Jim Rickards… hedge fund multimillionaire Jim Rogers… and superstar investor Kyle Bass (the minimum to invest with Bass is $5 million), are all taking precautions against a serious market crash and financial crisis.

  • Rickards is publicly recommending people rush to buy gold, real estate and hard assets
  • Rogers moved his entire family to Singapore to essentially get them out of America.
  • And Bass built a 41,000 square foot ranch stocked with firearms and gold “


Read the rest and prepare accordingly











Students Willing To Give Up U.S. Citizenship For In-State Tuition




Such are the perverse incentives in Obamaworld’s land of academia …

It’s Not Red State vs Blue State. It’s City vs Country




” As a resident of the upstate portion of New York (not the Big Apple) I have written frequently about the depressing, negative effects which liberal tax and spend policies combined with strangling regulatory burdens have had on the state, as well as the economic death spiral which has followed. Many of the complaints I hear from residents of the more rural, upstate region center on the unbalanced power held by New York City and the complete disconnect between the government and the more conservative, rural communities to the north and west. But even as a person studying and experiencing these effects first hand, I don’t think I ever grasped the full impact of this disparity in the way it’s spelled out by William Tucker of the American Media Institute.

  Binghamton, New York — once a powerhouse of industry — is now approaching Detroit in many economic measures, according to the U.S. Census. In Binghamton, more than 31 percent of city residents are at or below the federal poverty level compared to 38 percent in Detroit. Average household income in Binghamton at $30,179 in 2012 barely outpaces Detroit’s $26,955. By some metrics, Binghamton is behind Detroit. Some 45 percent of Binghamton residents own their dwellings while more than 52 percent of Detroit residents are homeowners. Both “Rust Belt” cities have lost more than 2 percent of their populations.

  Binghamton is not alone. Upstate New York — that vast 50,000-square mile region north of New York City — seems to be in an economic death spiral.

  The fate of the area is a small scene in a larger story playing out across rural America. As the balance of population shifts from farms to cities, urban elites are increasingly favoring laws and regulations that benefit urban voters over those who live in small towns or out in the country. The implications are more than just economic: it’s a trend that fuels the intense populism and angry politics that has shattered the post-World War II consensus and divided the nation.

  That comparison between the city of Binghamton and the wreckage of Detroit is a true eye opener, but it’s not the only such story in the non-city portions of the state. IBM was once the powerhouse of employment in the greater Binghamton area, employing more than 16,000 people as recently as the late 1980s. Today the entire complex has been sold to local developers and the computer giant employs a few hundred people (many of whom are contractors) renting out a tiny portion of the old complex. Kodak employed 62,000 people in Rochester during the same period as IBM’s heyday. Today there are roughly 4,000 workers. Xerox and Bausch & Lomb were also huge employers there but are now largely (or entirely) gone.

  These stories are repeated over and over again in cities and towns across the upstate region, so it’s more than coincidence. Tucker ties it all together. “


Read the rest of Jazz Shaw’s piece at Hot Air















Border Agents Bracing For New Immigrant Surge



Families of Central American immigrants turn themselves in to U.S. Border Patrol agents after crossing the Rio Grande River from Mexico on September 8, 2014 in Mission, Texas. Although the numbers of such immigrant families and unaccompanied minors have decreased from a springtime high, thousands continue to cross in the border illegally into the United States. The Rio Grande Valley sector is the busiest area for illegal border crossings, especially for Central Americans, into the U.S.  (Photo by John Moore/Getty Images) Photo: John Moore, Getty Images

John Moore, Getty Images



” On a recent evening near the banks of the Rio Grande, a group of five Guatemalan immigrants, among them two girls, ages 8 and 10 without a parent or guardian by their side, turned themselves over to U.S. Border Patrol agents. 

  It is a familiar scene to law enforcement agencies in South Texas that witnessed nearly 50,000 unaccompanied children and families, mostly from Central America, illegally streaming across the border here last year.

  While far fewer immigrants have been detained in recent months than during the same period a year ago, thousands are still crossing the Rio Grande illegally, and border agents are bracing for thousands more in the months ahead.

  Already, 15,647 minors and 13,911 families have been detained since the beginning of the fiscal year in October, along the whole Southwest border, most of them in Rio Grande Valley. With the historically busy April, May and summer months ahead, it is conceivable that apprehensions this year will surpass all but the unprecedented surge of 2014.”


Houston Chronicle












Upstate New York Is Becoming Detroit With Grass



” Binghamton, New York — once a powerhouse of industry — is now approaching Detroit in many economic measures, according to the U.S. Census. In Binghamton, more than 31 percent of city residents are at or below the federal poverty level compared to 38 percent in Detroit. Average household income in Binghamton at $30,179 in 2012 barely outpaces Detroit’s $26,955. By some metrics, Binghamton is behind Detroit. Some 45 percent of Binghamton residents own their dwellings while more than 52 percent of Detroit residents are homeowners. Both “Rust Belt” cities have lost more than 2 percent of their populations.

  Binghamton is not alone. Upstate New York — that vast 50,000-square mile region north of New York City — seems to be in an economic death spiral.

  The fate of the area is a small scene in a larger story playing out across rural America. As the balance of population shifts from farms to cities, urban elites are increasingly favoring laws and regulations that benefit urban voters over those who live in small towns or out in the country. The implications are more than just economic: it’s a trend that fuels the intense populism and angry politics that has shattered the post-World War II consensus and divided the nation.

  Upstate New York, the portion that lies beyond the New York metropolitan area, has become “The Land That Time Forgot,” a broad swath of depressed cities and low-profit farmlands that stretches from Newburgh and Poughkeepsie in the Hudson Valley through the old manufacturing centers of Schenectady and Troy, across the Allegheny Plateau to Syracuse, Rochester and Buffalo, all the way west to Jamestown, the city with the lowest percentage of college graduates in America.”

Story continues










Price Of Ground Beef Hits Record In February: $4.238 Per Pound




” The average price of a pound of ground beef climbed to another record high in February, hitting $4.238 per pound, according to data released today by the Bureau of Labor Statistics (BLS).

  A year ago, in February 2014, the average price for a pound of ground beef was $3.555 per pound. Since then, the average price has increased 19.2 percent in one year.

  Five years ago, in February 2010, the average price of a pound of ground beef was $2.277, according to the BLS. The price has since climbed by $1.961 per pound, or an increase of 86.1 percent.”

Change you can believe in , which is the only change left after a trip to the grocery store … read on

More Than 100,000 Feds Owe Back Taxes






” Federal employees owed more in delinquent taxes last year than any year in the past decade, costing the Internal Revenue Service $1.4 billion in 2014.

  The 113,805 civilian government employees who declined to pay all of their taxes last year would be ineligible to work for federal agencies under a House bill introduced last week that would hold officials accountable for evading taxes.

  Four in 100 federal employees owed the IRS last year, according to the tax agency’s annual delinquency report released Tuesday.

  Among cabinet-level agencies, the Department of Veterans Affairs had the highest rate of tax delinquency, with 15,476 of its employees evading all or part of their taxes in 2014.

  VA staff collectively owed nearly $162 million in back taxes, the report said.”


Thanks to Sarah Westwood at the Washington Examiner



   Update: According to Yahoo News the total tax deficiency of federal employees is over $3.5 billion and not the $1.4 billion we previously reported :


” Federal workers and retirees owed more than $3.5 billion in unpaid taxes last year, a $200 million increase over the previous year, the IRS said Tuesday.”












The World’s Next Credit Crunch Could Make 2008 Look Like A Hiccup





” We are certainly living in strange times. An unprecedented monetary experiment is coming to a staggered end and no one knows the potential repercussions – a plague of frogs cannot be entirely ruled out.

  For the time being, the markets remain sanguine, expecting, for example, a gentle increase in the Bank of England’s main interest rate to just 1.5pc by the end of the decade. And, who knows, maybe the markets are right.

  But maybe it’s too quiet. Last week, Ray Dalio, the founder of the $165bn (£110bn) hedge fund Bridgewater Associates, wrote a widely-circulated note warning his clients that the US Federal Reserve risked setting off a 1937-style crash when it starts raising interest rates again.

  Then, as now, the central bank had spent years printing money in order to help the American economy recover from the 1929 crash. But the side effect was a stock market bubble, which promptly burst when the Fed prematurely increased rates. Mr Dalio is worried about a repeat performance: “We don’t know – nor does the Fed – exactly how much tightening will knock over the apple cart.”

  It’s true that the policy and regulatory response to the last crisis often sows the seeds for the next. It is not hard to map out a sequence of events in which that proves to be the case again. If it were, a US stock market crash might be the least of our problems.”


Read more at the Telegraph













Diplomatic Disaster: Obama Humiliated By Allies’ Rush To Join China’s New Bank






” The battle of wills between Beijing and Washington over a China-sponsored development bank for Asia is turning into a rout, and the Obama administration has found itself isolated and embarrassed as its top allies lined up this week to join the proposed Asian Infrastructure Investment Bank.

  In what one analyst dubbed a “diplomatic disaster” for the U.S., Britain became the first major European ally to sign on as a founding member of the Shanghai-based investment bank, joined quickly by France, Germany and Italy, which dismissed public and private warnings from the U.S. about the bank’s potential impact on global lending standards and the competition it could provide to existing institutions such as the U.S.-dominated World Bank.

  Luxembourg, a major global financial center, revealed this week that it would sign up. China is also wooing Australia and South Korea, two of America’s closest Asian allies, to join before the March 31 deadline. A South Korean wire service reported Wednesday that Seoul was “seriously considering” the offer.

   With 32 countries on board and more expected in the coming days, Chinese state media have begun to gloat about the failure of the Obama administration to rally even its closest allies and trading partners to shun the Asian Infrastructure Investment Bank. They noted that U.S. officials have long lectured China, now the world’s second-largest economy, to take a more active “stakeholder” role in global economic affairs, but then tried to undermine the investment bank almost from the time Chinese President Xi Jinping floated the idea of an Asian development fund during a trip to Indonesia in October 2013.”

    We challenge anyone to inform us of even one single thing that the present administration has accomplished that has benefitted the United States . Continue reading about the latest failure of Obama/Clinton “smart diplomacy” here .

Outsourcing In America






” The work that the 400 SCE IT employees do isn’t disappearing, instead it and their jobs are being taken over by foreign guestworkers here on H-1B visas. Those guestworkers are employed by the two leading India-based outsourcing firms, Tata Consultancy Services and Infosys.

  The SCE workers are wondering: “Why should I lose my job when the work still needs to be done? Why is the government doing this to me and my family?”

  Adding to the injustice of losing their jobs, the SCE workers are being forced to do something that is so common in the industry it is a term of art: “knowledge transfer,” an ugly euphemism that means being forced to train your own foreign replacement. The SCE workers are, “demoralized; in disbelief; beyond furious; down in the dumps; feeling anguish; depressed; feeling dehumanized; feeling humiliated; worrying about the future; worrying about paying the bills.”

  The SCE workers rightly place the culpability squarely on SCE executives, the president, and Congress. One worker simply said, “Shame on Edison for doing this and shame on our politicians for enabling it.”

  H-1B visas are temporary work permits issued by the U.S. government that are good for up to six years. The intent is for these visas to be used only when an American worker cannot be found. In fact, the U.S. Department of Labor states, “The Immigration and Nationality Act (INA) requires that the hiring of a foreign worker will not adversely affect the wages and working conditions of U.S. workers comparably employed.”

  In practice, the H-1B visa has been used for years to undercut American workers with lower-wage, and often lesser-skilled, workers brought in from overseas. How does this happen? Congress sets the wage floors for H-1Bs, and it has set it far below market wages.”


The Hill has more












This Bill Would Ban Congress From Using Taxpayer Funds For First-Class Travel





” Legislation introduced by a freshman congresswoman would ban lawmakers from using taxpayer funds for first-class flights and personal car leases.

  Rep. Gwen Graham, D-Fla., announced the Congressional Travel Perks Elimination Act in a recent statement.

“ Nine months ago, I pledged I would work to end wasteful Congressional perks. Today, I’m following through on that promise,” Graham said. “It’s a common sense idea that Republicans and Democrats can both agree on: members of Congress shouldn’t be able to charge taxpayers for first-class airfare or long-term personal car leases.”

  According to her statement, the legislation would also ban the use of taxpayer funds for personal car leases, some of which are “as high as $825 a month.” “


Read more












Americans Name Government As No. 1 U.S. Problem


Trends in Top "Most Important" U.S. Problems, March 2014-March 2015




” Americans continue to name the government (18%) as the most important U.S. problem, a distinction it has had for the past four months. Americans’ mentions of the economy as the top problem (11%) dropped this month, leaving it tied with jobs (10%) for second place.

  Though issues such as terrorism, healthcare, race relations and immigration have emerged among the top problems in recent polls, government, the economy and unemployment have been the dominant problems listed by Americans for more than a year.

  The latest results are from a March 5-8 Gallup poll of 1,025 American adults.

  While the ranking of the top two problems is similar to what Gallup found in February, mentions of the economy dropped from 16% to the current 11%. In a separate measure, Americans’ confidence in the economy had been dipping further into negative territory in late February and early March, but has been improving in recent days. “



    Read it all and rejoice as the truth finally begins to dawn on the general public …


“A government big enough to give you everything you want, is a government big enough to take away everything that you have.”













IG Audit: 6.5 Million People With Active Social Security Numbers Are 112 Or Older





” Many people are living longer, but not to age 112 or beyond — except in the records of the Social Security Administration.

  The SSA’s inspector general has identified 6.5 million number-holders age 112 — or older — for whom no death date has been entered in the main electronic file, called Numident.

  The audit, dated March 4, 2015, concluded that SSA lacks the controls necessary to annote death information on the records of number-holders who exceed “maximum reasonable life expectancies.”

” We obtained Numident data that identified approximately 6.5 million numberholders born before June 16, 1901 who did not have a date of death on their record,” the report states.

  Some of the numbers assigned to long-dead people were used fraudulently to open bank accounts.

  And thousands of those numbers apparently were used by illegal immigrants to apply for work:

” During Calendar Years 2008 through 2011, SSA received 4,024 E-Verify inquiries using the SSNs of 3,873 numberholders born before June 16, 1901,” the report said. “These inquiries indicate individuals’ attempts to use the SSNs to apply for work.”

“ It is incredible that the Social Security Administration in 2015 does not have the technical sophistication to ensure that people they know to be deceased are actually noted as dead,” said Sen. Ron Johnson (R-Wis.), chairman of the Homeland Security and Governmental Affairs Committee.

Tens of thousands of these numbers are currently being used to report wages to the Social Security Administration and to the IRS. People are fraudulently, but successfully, applying for jobs and benefits with these numbers. Making sure Social Security cleans up its death master file to prevent future errors and fraud is a good government reform we can all agree on,” Johnson said.

  Sen. Tom Carper (D-Del.), the committee’s ranking member, called the findings a “major problem” that wastes taxpayers’ money, exposes citizens to identity theft and undermines confidence in government:

“It is simply unacceptable that our nation’s database of Social Security numbers of supposedly living people includes more than six and a half million people who are older than 112 years of age, with a few thousand having birth dates from  before the Civil War. Preventing agency errors by keeping track of who has died is a relatively simple problem that the government should pursue as a high priority.”

  According to the IG, the Social Security Administration matches death reports received from various sources against its payment records, then records the date of a number-holder’s death in its Numerical Identification System, or Numident.

  Information from Numident is then used to create SSA’s “Death Master File,” which is used by financial institutions and various government entities to prevent identity fraud. If a death is not recorded on the Numident, it will not appear in the DMF.

  The IG made four recommendations for resolving the discrepancies and improving the accuracy of the Death Master File to “prevent future misuse of these SSNs.” “



Thanks to CNS News













Lew to Congress: US Hits Debt Limit On March 16, Needs To Be Raised ASAP



” Unless Congress takes action, the U.S. will hit its debt limit on Mar. 16, but would begin taking “extraordinary measures” to finance the government on a temporary basis, according to the U.S. Treasury.

  In a Friday morning letter to House Speaker John Boehner and other House and Senate leaders, Treasury Secretary Jack Lew said that his office will be forced to suspend the issuance of State and Local Government Series securities on Mar. 13 unless the debt limit is raised.”

” ” Accordingly, I respectfully ask Congress to raise the debt limit as soon as possible,” Lew wrote in his letter.

  The Treasury secretary emphasized that “increasing the debt limit does not authorize new spending commitments,” but rather “simply allows the government to pay for expenditures Congress has already approved.”

  Congress passed the Temporary Debt Limit Extension Act in February 2014, which suspended the statutory debt limit through Mar. 15 of this year.”



    Read more , to what end we don’t know as it’s a foregone conclusion that with the spineless leadership presently in control of the “fiscally responsible” party nothing will change …





    Debt , debt and more debt as far as our children and theirs can see . A changing of the “guard” with the new republican control of both legislative branches amounts to nothing but more of the status quo .












Texas Town Sees 61% Drop In Crime After Kicking Out Cops





” Rather than degenerate into a lawless land where criminals rule the streets, a Texas town that fired its entire police department has seen a 61% decrease is crime.

  In 2012, Sharpstown, a community of 66,000 located just southwest of Houston, declined to renew its contract with the constable’s office, essentially dismissing its cops.

  Instead, the Sharpstown Civic Association hired SEAL Security Solutions, a private firm, to patrol their streets.

“ Since we’ve been in there, an independent crime study that they’ve had done [indicates] we’ve reduced the crime by 61% in just 20 months,” James Alexander, Director of Operations for SEAL, told”



The most surprising thing about this article were these revelations:



Not only has SEAL been more successful at preventing crime in Sharpstown than traditional law enforcement, they are cheaper. Sharpstown is saving $200,000 per year over their previous contract with the constable, and they get more patrol officers for less money, reported.

  So far, more than 70 communities in Harris County, where Sharpstown is located, have contracted with SEAL, according to”



   Read the rest and note this Washington Post article of a few days ago that also highlights the rise of private police forces , albeit with the much more Statist attitude typical of that democratic mouthpiece.












Walker Thrills A Packed House At CPAC



” Scott Walker hit all the right notes when he took the stage at the Conservative Political Action Conference on Thursday to address a standing-room-only crowd — even gamely handling a heckler.

  Walker was talking up Republicans’ push to pass a right-to-work law in Wisconsin, a measure to weaken labor unions, when a heckler stood up and began shouting in the packed ballroom. What he said wasn’t clear, but Walker handled it like a pro: He quipped, “Apparently the protesters come [here] from Wisconsin as well.”

  The governor, considered a top contender in the 2016 Republican presidential primary, got a quick standing ovation for his response — one of a number he got during his address.

  After spending some time touting his strong domestic record as governor of Wisconsin, Walker sharply criticized the Obama administration for its ineffective strategy in the fight against the Islamic State, and its disapproval of Israeli prime minister Benjamin Netanyahu’s upcoming address before Congress.”

     Judging from the venom dripping from the fangs of the Statist media , the potential of a Scott Walker candidacy is a terrifying possibility , which is surely a sign that the democratic cheerleaders of the press consider him a serious threat .

National Review

The 15 Most Expensive Places To Live In America






” After paying your rent or mortgage, transportation, utilities, and any other bills, how much do you have left at the end of the month? The answer probably depends largely on where you live.

  FindTheBest created a cost of living index based on 2013 family budget estimates for housing, taxes, healthcare, childcare, transportation, and “other necessities” (like food) from the Economic Policy Institute to compare, in over 600 counties and metro areas across the US, where your dollar goes the farthest.

  The average overall index for US cities and metro areas is 100, so a city with an index of 120 is 20% more expensive than average, and a city with an index of 80 is 20% cheaper than average.”



   Welcome to the wonderful northeast , land of high taxes , stifling regulation and home to ten of the fifteen most expensive places to live in America , including four out of the top five  , and the “winner” of the title of most expensive place to live in the US is … drum roll please …



” 1. Nassau-Suffolk Counties, New York

Nassau-Suffolk index: 155

State index: 120

  Nassau and Suffolk Counties, on Long Island, aren’t the highest in the country in terms of housing, taxes, or healthcare, but they’re up there in each category, and that’s enough to make the area the most expensive place to live in America. Also a major New York City commuting hub, it’s known for high property taxes and pricey real estate, especially in Nassau County. Suffolk is home to the Hamptons, a popular summer spot for the wealthy and the famous.”



   See about your area at Business Insider . Something to consider as you peruse the map above; which states/areas are producing jobs ? With the exception of the DC area which is awash in record tax receipts , the most expensive areas are also the ones struggling to produce enough growth to meet the local population’s demands . 













U.S. Homeownership Rate Hits 20-Year Low




” The homeownership rate in the United States dropped to a 20-year low of 64.5 percent in 2014, according to new data released by the Census Bureau.

  The homeownership rate is the percentage of households that own the home in which they live. “It is computed,” says the Census Bureau, “by dividing the number of households that are owners by the total number of occupied households.”

  The last time the annual homeownership rate was lower than 64.5 percent was in 1994, when it was 64.0%, according to Table 15 in the Census Bureau’s “Housing Vacancies and Homeownership” data.”



   That “Change We Can Believe In © ” just keeps on giving … continue reading  , but to be honest this is more a reflection of a market correction back towards the sanity of less “free money” demanded of the banks by Statist programs designed to allow unqualified people to borrow so maybe it’s an inadvertent good thing .











Obama’s DHS Spent Nearly $150M On Office Furniture And Makeovers





” Funding for the Department of Homeland Security (DHS)—which is due to expire at the end of this week unless an agreement in Washington is reached—has continued to rise under President Barack Obama. His administration claims the agency’s increased funding is necessary to protect the homeland, but records show that the DHS has continued to increase its spending on furniture and office makeovers as its budget has been increased.

  A review of records on the official government spending website by the Washington Free Beacon shows the agency has spent nearly $150 million on office furniture and makeovers since Obama took office. Those fiscal years for which he has been responsible and whose budgets have been enacted are FY2010 through 2014.

“ The FY 2015 Budget reflects the Administration’s strong commitment to protecting the homeland and the American people through the effective and efficient use of DHS resources, continuing the focus on preserving frontline priorities across the Department by cutting costs, sharing resources across Components, and streamlining operations wherever possible,” the administration’s request states.

  Each year under Obama the administration, DHS funding has increased. The FY 2015 budget request is $60.9 billion, compared with FY 2014’s budget of $60.7 billion. In fiscal year 2013, the DHS budget was $59.2 billion. By contrast, President George W. Bush’s last budget for DHS for FY 2009 was $52.5 billion.

  Records show that the DHS spent $147.7 million on furniture for FY 2010 through 2014.”


Much more on the obscene spending at DHS from the Free Beacon















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