Category: Spending


New Charts Are A Treasure Trove Of Info On What Shows Democrats And Republicans Love To Watch

 

 

 

primetime

 

 

” There are only 35 days until Election Day, and candidates across the country are racing to reach their voters and make a connection before they enter the voting booth.

  If you watch TV, you’ve seen this in the works: political ads are running fast and furious in battleground states.

  The Washington Post, with the help of the Federal Communications Commission and the Sunlight Foundation, has taken a look at which political parties buy airtime on which and what type of shows.

  We pulled every PDF filed on behalf of a senate candidate from August 1 through last week (which includes buys into October). We ran a text-recognition tool on them, divvied them up by party, and then created a script that let us search for the names of shows.”

 

 

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About these ads

CIA Insider Warns: “25-Year Great Depression Is About To Strike America”

 

 

” You will want to remember this date March 26, 2015.

  According to one of the top minds in the U.S. Intelligence Community, that is when the United States will enter the darkest economic period in our nation’s history.

  An alarming pattern has caused many in the Intelligence Community to secretly prepare for a “worst-case scenario.”

  And alarmingly, he and his colleagues believe the evidence they’ve uncovered proves this outcome is impossible to avoid.

  In an exclusive interview with Money Morning, Jim Rickards, the CIA’s Financial Threat and Asymmetric Warfare Advisor, has stepped forward to warn the American people that time is running out to prepare for this $100 trillion meltdown.

” Everybody knows we have a dangerous level of debt. Everybody knows the Fed has recklessly printed trillions of dollars. These are secrets to no one,” he said.

” But all signs are now flashing bright red that our chickens are about to come home to roost.”

 

Read more

 

 

 

 

 

 

 

 

 

 

 

This Map Shows The Real Value Of 100 Dollars In Your State

 

 

 

” How far does a dollar go in your state compared to others in the United States? Thanks to the Tax Foundation’s review of Bureau of Economic Analysis data, now you know.

  A dollar doesn’t go quite as far in states like California and New York, and it goes comparatively further in states like Mississippi and South Dakota.

  The cost of living gap is amplified by federal taxes being based on the same income levels regardless of cost of living. Someone who earns $40,000 a year in Jackson, Miss., is taxed at the same federal rate as someone earning $40,000 in San Francisco, Calif.”

 

Continued

 

 

 

 

 

 

 

 

 

 

House Overwhelmingly Passes ‘Audit The Fed’ Bill

 

 

 

 

 

” The Swiss people are speaking out against their central bank. They have demanded a referendum with backing their currency with 20 percent gold and demanding return of their gold stored in the United States. Likewise, the American people are seeking restraints on the Fed—our central bank.

  The House overwhelmingly passed a bill to Audit the Fed and, if it ever becomes law, the people will demand reform of our monetary system that rewards a privileged few at the expense of the middle class and poor. This bill was passed in the House once before in 2012 while I was still a member. Fortunately the momentum continues, and thanks especially to Paul Broun of Georgia and Thomas Massie of Kentucky. It passed this time with an even greater margin—327 to 98—which was strongly bipartisan. “

 

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At $286K, Members Of Congress Earn A Lot for How Little They Accomplish

 

 

 

 

 

” Congress has just returned from a 5-week recess to a lot of unfinished business—it has yet to send even one of the 12 spending bills due on Sept. 30 to the president’s desk.

  A new report by the Taxpayers Protection Alliance and Our Generation reveals that members of Congress take home a big paycheck for meager results in Washington. At $174,000, members of Congress make more than 95 percent of American income earners. Once generous benefits are added, members’ compensation totals $286,000 per year. And at least one member of Congress argued recently even this generous compensation package wasn’t enough—that Congress also should get a housing stipend.

  Congress’s main job is to budget. But when it comes to passing annual spending bills, members of Congress have not accomplished that in full and on time since 1997. Many were hopeful Congress would use this year’s head start into the appropriations process (Congress agreed on the spending level in December 2013, instead of April 2014) to actually meet the deadlines, but such hope has long given way to resignation. There is simply not enough time left in this fiscal year. “

 

 

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One Map To Show Where USPS Will Cut 7,000 Jobs

 

 

USPS Closings

Click Pic For Interactive Map

 

 

” USPS has already shuttered about 141 facilities during the first phase of its “network rationalization” plan, which began in 2012. Those closures generate annual cost savings of $865 million and resulted in “negligible” service impacts, according to the Postal Service.

  The new round of consolidations was originally scheduled for February 2014 but was pushed back for undisclosed reasons. The closures are part of an ongoing effort to streamline postal operations. A Senate bill introduced before USPS initially decided on the delay  would place a two-year moratorium on processing plant closures. That bill cleared committee and is awaiting a vote on the floor.

  In the absence of the Congress reaching any agreement on comprehensive legislation, Postmaster General Patrick Donahoe opted to move forward with his consolidation plan unilaterally.

  USPS did not lay off any employees as a result of the initial consolidations, instead relying on employee relocations and attrition measures. The agency has promised to again follow that blueprint.”

 

Read more

 

 

 

 

 

 

 

 

 

 

Higher Fast-Food Wages: Higher Fast-Food Prices

 

 

 

 

 

 

” Union activists want to raise the minimum wage in the fast-food industry to $15 an hour. However, fast-food restaurants operate on very small profit margins; they could only afford such wages by raising prices—significantly. Higher prices would, in turn, drive customers away, forcing even larger price increases to cover costs. Ultimately, the average fast-food restaurant would have to raise prices by nearly two-fifths. This would cause sales to drop by more than one-third, and profits to fall by more than three-quarters. Absent the widespread adoption of labor-saving technology, the union-led “Fight for 15” would make fast food much more expensive for Americans.

Fight for 15

  The Service Employees International Union (SEIU) has launched an expensive PR campaign calling for wages of at least $15 an hour in the fast-food industry. This Fight for 15 is part of a larger SEIU pressure campaign to unionize fast-food restaurants.[1] Hundreds of union activists have staged “walkouts” and protests across the country demanding the higher pay rate. These protests have attracted considerable media attention. However, if the SEIU achieved its stated goal, it would hurt the budgets of millions of moderate-income Americans.

No, Fast-Food Joints Cannot Absorb Cost Increases

  Artificially inflating wages would substantially increase fast-food restaurants’ total costs—labor makes up a considerable portion of their budget. Chart 1 shows the financial statements of the average fast-food restaurant in 2013. Labor costs (26 percent) and food and material costs (31 percent) make up the majority of the typical restaurant budget.

The Bureau of Labor Statistics reports the average cook in a fast-food restaurant earned $9.04 an hour in 2013.[2] The SEIU’s push for $15 an hour would consequently raise fast-food wages by at least 66 percent. Paying $15 an hour would raise fast-food restaurants’ total costs by approximately 15 percent.[3] “

 

 

    As usual the costs of this proposed feel good legislation would be borne on the backs of those least able to afford it , the lower and middle income segments of society and not the well-to-do do-gooders pushing the measure .

 

 

” The higher labor costs would initially force fast-food restaurants to raise their prices by 15 percent, which would drive down sales by 14 percent. This would force restaurants to raise prices again, pushing sales down further. In equilibrium the average fast-food restaurant would have to raise prices 38 percent.[10] Prices would rise roughly twice as much as the initial increase in labor costs.[11] Total sales and hours worked would both fall by 36 percent. Fast-food restaurant owners would also have to accept a 77 percent reduction in profits in order to stay in business—leaving them with an average profit of just $6,100 a year per store. Otherwise they would have to raise prices to an extent that would drive away their customer base.

  These changes would hurt consumers. Americans would face higher fast-food prices, putting a dent into the budgets of everyone who frequently eats fast food—primarily moderate-income consumers, not the wealthy, who do not regularly eat fast food.”

 

 

James Sherk and Heritage show the impact of a $15 wage for the unskilled .

 

 

 

 

 

 

 

 

 

 

 

 

At $139 Million, Newly Listed Florida Home Is Most Expensive In U.S.

 

 

 

 

” Making a grand splash on the Multiple Listing Service this week is a Hillsboro Beach, Fla., mansion that, at $139 million, is the most expensive home publicly listed for sale in the United States.

  Currently under construction, the palatial estate known as Le Palais Royal draws inspiration from the Palace of Versailles with gold leafing, stone walkways, balconies and six fountains.”

 

 

 

 

 

 

” Entered through a vaulted foyer, the residence centers on a sweeping, $2-million staircase cased in steel-iron and gold leaf. Among the more opulent features are an Imax home theater, a 1,300-gallon aquarium and a subterranean garage with parking for 30 vehicles.

  The second-floor presidential suite comes complete with private outdoor terrace with a plunge pool while three additional master suites sport Jacuzzis with ocean views.  In all, the mansion touts 11 bedrooms and 17 bathrooms in 60,000 square feet of living space.”

 

 

 

 

 

 

” Set beneath a 12-foot cascading waterfall, an infinity edge pool features an LED-lit water slide, fire pit and swim-up bar. Above the waterfall is a Jacuzzi. Designed for year-round enjoyment, an entertainer’s courtyard includes a summer kitchen, a pizza oven, an outdoor lounge and an entrance to an indoor spa and massage rooms.

  For the mega-yacht owner, Le Palais Royal boasts a 492-foot dock capable of accommodating seafaring vessels up to 185 feet in length. Occupying four acres on Millionaires Mile, the estate also includes 465 feet of private beachfront and is slated for completion in 2015. “

 

 

 

   If sold for the asking price , this amazing private residence would surpass the recent purchase price of Copper Beech Farm in Connecticut but still come up short of this property on Further Lane in Amagansett , NY by six million dollars .

 

 

Read more at LA Times

 

 

 

 

 

 

 

 

 

 

During Obama’s Presidency, National Debt Has Grown by $61K Per Household

 

 

 

 

 

” You may have heard pundits time and time again dismiss America’s debt problem, touting that the deficit has fallen by 50 percent since 2009.

Yet that sidesteps the real issue: the massive amount of debt the country has taken on in the past six years has put the nation in a vulnerable position as entitlement spending is set to take off and big-spending policies continue to pile on debt. Indeed, the United States has added $7.06 trillion of debt since President Obama took office—far more than under any previous president. “

 

Read more and weep

 

 

 

 

 

 

 

 

 

 

Weather Channel Founder Explains The History Of The Global Warming Hoax

 

 

 

 

” John Coleman, an award-winning meteorologist and weatherman with sixty years of experience and founder of the Weather Channel, produced a video explaining the history of the man-made global warming hoax .

  Coleman, a former broadcast meteorologist of the year of the American Meteorological Society (AMS), explains that after being a member for several years, he quit the AMS after it became very clear to him that “the politics had gotten in the way of the science.” Coleman explains that there is no man-made global warming, and he’s sure of it. 

  Coleman says that if there were evidence of man-made global warming, he would have been dedicated his life to stopping it: 

“ I love our wonderful planet Earth. If I thought it was threatened by global warming, I would devote my life to stopping the warming!”

  Now they call it “climate change” instead of global warming, because the warming has stopped, says Coleman, and that $4.7 billion in taxpayer money is funding “bogus reports” and “bogus research.”  “

TPNN

What Are The Online Shopping Habits Of The People In Your State?

 

 

ebay1

 

 

 

 

” Kentuckians really, really love their medical supplies and equipment, while Iowans like their small appliances – at least according to a new infographic compiled by online shopping mecca eBay.

  According to Mashable, eBay analyzed 2013-2014 shopping habits to find the top 500 brands purchased by residents of each state. The online retailer then condensed the data to general categories like “furniture,” “robotic vacuums,” and “batteries” among others.”

 

Glenn Beck

 

 

 

 

 

 

 

 

 

 

 

 

Soros, Steyer Spend Big In Bid To Rescue Democrats’ Majority

 

 

 

 

” Super PACs spent July beefing up for the fall campaign. Many groups filed new disclosure reports this week, leaving a paper trail littered with big checks from big names.

  Democrats dominate the list of notable July donors, as there have simply been more Democratic dollars flowing to that type of outside group this year. There’s still plenty of conservative money out there; it’s just that more of it is going toward nonprofits, which don’t have to disclose their donors. Here are a handful of July super PAC donations that stood out.

  STEYER: Climate-change activist Tom Steyer gave the biggest super PAC donation in this month’s reports: $7.5 million to his own group, NextGen Climate. Steyer, who made his fortune as a successful hedge-fund manager, also spread some of that money around. NextGen gave a half-million dollars to Senate Majority PAC, the biggest Senate Democratic super PAC, and $150,000 to the League of Conservation Voters Victory Fund, another environmental group.

  BLOOMBERG: Michael Bloomberg is staying plenty active in his post-mayoral days. Aside from funding his gun-control-focused super PAC, Bloomberg has written checks to Senate Majority PAC and super PACs that backed GOP Sens. Thad Cochran and Lindsey Graham during their primary battles. Most recently, the former New York City mayor donated $2 million to Women Vote!—the largest contribution the EMILY’s List super PAC has ever received. Only Steyer has given more money to super PACs this election season.

  SOROS: Democratic financier George Soros’s checkbook has been active this summer: The prolific donor gave $500,000 apiece to House Majority PAC and the League of Conservation Voters Victory Fund. But that million dollars wasn’t his family’s only big outlay so far this summer. Soros’s daughter, Andrea Soros Colombel, gave $250,000 to Planned Parenthood Votes.

  SINGER: Hedge-fund manager Paul Singer is the top super PAC donor on the Republican side so far this election cycle, and he kept the money flowing last month. The Elliott Management founder dished out $750,000 to the conservative super PAC Ending Spending Action Fund, which has spent a total of nearly $4.5 million in five different races in 2014. Singer also gave $100,000 to the GOP’s best-known spending juggernaut, American Crossroads. Singer has now contributed a total of $1.4 million to Ending Spending and $1.35 million to Crossroads this cycle.

  MOSTYN: Amber Mostyn is half of Texas’s biggest Democratic power couple. The Houston lawyer and her husband Steve were among Democrats’ biggest super PAC donors in 2012, when the The New York Times Magazine used the story of the Mostyns’ $1 million gift to Priorities USA Action to explain the role and rise of the pro-Obama super PAC. In July, Amber Mostyn gave $250,000 to the Planned Parenthood super PAC, matching the quarter-million she gave the committee in 2013.

  BERGMAN: After giving $1 million to American Crossroads in 2012, Jay Bergman, the owner of Illinois-based Petco Petroleum, remained relatively quiet on the outside-money front. But In July, he ponied up to Crossroads again, cutting a $500,000 check to the super PAC. Bergman gives mostly to Republicans. But he casts himself as an “independent,” and he’s contributed to Illinois Democratic Gov. Pat Quinn and his predecessor, Rod Blagojevich, in the past.

  SABAN: Billionaire Univision owner Haim Saban has already pledged his “full might” to Hillary Clinton if she runs for president in 2016, but he’s keeping busy in the meantime. Saban gave $250,000 to Senate Majority PAC in July.

  SCHMIDT: Another $250,000 donation came to Senate Majority PAC via Google Chairman Eric Schmidt. Unlike most of the donors on this list, Schmidt eschewed super PACs in 2012, but this is his second major contribution of 2014. Back in June, Schmidt gave $100,000 to the super PAC formed to support Democratic Sen. Mark Warner’s reelection in Virginia this year.

 ANGELOS: Other Democratic donors may have given more money than the $100,000 Senate Majority PAC got from the Law Offices of Peter Angelos. But few other donors have jobs as cool. When he’s not financing Democratic super PACs, Angelos can be found bankrolling free agent signings as the owner of the Baltimore Orioles.

  OTHER PACS: Some of the biggest donations made in July went from one PAC to another. In addition to the donations Steyer’s group made, Senate Majority PAC also contributed $350,000 to the League of Conservation Voters super PAC last month. And two of the biggest donations to House Majority PAC came from the Blue Dog PAC and the New Democrat Coalition PAC, two groups representing moderate or conservative House Democrats. They combined to give $350,000 to House Majority PAC.”

 

Party of the “little people” indeed …

 

Thanks to National Journal

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Census Bureau: One New Migrant Enters U.S. Every 40 Seconds

 

 

Populous Nations

 

 

 

” The Census Bureau calculates that one person enters the United States legally, on net, every 40 seconds.

  The Census Bureau’s U.S. and World Population Clock lists  “components of population change” on the website: “one birth every 7 seconds;” “one death every 13 seconds;” “one international migrant (net) every 40 seconds;” making for a “net gain of one person every 12 seconds.”

  The Census provides some background on the immigration debate in the United States on August 3rd, apropos of the 131st anniversary of the law banning people from immigrating to the United States if they were likely to need government assistance. “

 

The Corner

 

 

 

 

 

 

 

 

 

 

Fed Appeals Court Panel Says Most Obamacare Subsidies Illegal

 

 

Obamacare Subsidies Illegal

 

 

 

” In a potentially crippling blow to Obamacare, a federal appeals court panel declared Tuesday that government subsidies worth billions of dollars that helped 4.7 million people buy insurance on HealthCare.gov are illegal.

  The 2-1 ruling said such subsidies can be granted only to people who bought insurance in an Obamacare exchange run by an individual state or the District of Columbia—not on the federally run exchange HealthCare.gov. The ruling relied on a close reading of the Affordable Care Act.”

 

 

 

CNBC can find no way to spin this crushing blow to Obamacare …

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

” Top anglers looking to squeeze every last drop of performance out of their gear will appreciate our top-of-the-line Optimus XiHS Hand Tuned baitcaster. We individually hand tune each reel, putting it through a rigorous 8-step manual program covering every major system inside and out, to ensure it comes pre-calibrated for optimum casting, braking, retrieving and drag performance. Of course, it doesn’t hurt to start with the best materials and craftsmanship available, including our rugged X-Bone™ frame, all-Duralumin spool and drive train, quality double-shielded bearings, and super-tough carbon fiber handle and star drag. The NEW Optimus XiHS Hand Tuned baitcaster. Optimum performance, left out of the box.”

Fishhound’s Catch of the Day is the easiest way to get an amazing deal on the items you need! You get a great deal and we get some product reviews. We all win! “

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 .

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

Christine Lagarde – The Most Dangerous Woman In The World

 

 

 

 

 

” I have gone on record that the most dangerous organization is the now French led IMF with Christine Lagarde at the helm, which has presented a concept report that debt cuts for over-indebted states are uncompromising and are to be performed more effectively in the future by defaulting on retirement accounts held in life insurance, mutual funds and other types of pension schemes, or arbitrarily extending debt perpetually so you cannot redeem. Yes you read correctly, The new IMF paper is described in great detail exactly how to now allow the private sector, which has invested in government bonds,  to be expropriated to pay for the national debts of the socialist governments.

  I have been warning that there is an idea that has been running around behind the curtain that the national debt of the USA could be settled by usurping all pension funds in the country. Here is a remarkable blueprint that throws all previous considerations concerning the purchase of government bonds over the cliff. The IMF working paper from December 2013 states boldly:

 

“ The distinction between external debt and domestic debt can be quite important. Domestic debt issued in domestic currency typically offers a far wider range of partial default options than does foreign currency–denominated external debt. Financial repression has already been mentioned; governments can stuff debt into local pension funds and insurance companies, forcing them through regulation to accept far lower rates of return than they might otherwise demand.”

  People are blind. They think this is authorization to go get the rich. They are going after everyone for the “rich” are tiny players in the game. People do not want to hear that. They want to think the rich can pay the bills for everyone else. That is not practical and even Julius Caesar recognized that they may be a small group, but they are the engine of the economy that creates jobs. It would have been popular for him to wipe out all the rich who he was against. But in the end, he had to solve the debt crisis by simply retroactively attribute all interest to capital in order to solve the debt crisis that led to the first civil war.”

 

Armstrong Economics

 

 

 

 

 

 

 

 

 

 

The Map With Only 38 States

 

 

 

” In 1973, California State University geography professor George Etzel Pearcy suggested that the U.S. redraw its antiquated state boundaries and narrow the overall number of states to 38.

  Pearcy’s proposed state lines were drawn in less-populated areas, isolating large cities and reducing their number within each state. He argued that if there were fewer cities vying for a state’s tax dollars, more money would be available for projects that would benefit all citizens.

  Because the current states were being chopped up beyond recognition, part of his plan included renaming the new states by referencing natural geologic features or the region’s cultural history.

  While he did have a rather staunch support network—economists, geographers, and even a few politicians argued that Pearcy’s plan might be crazy enough to work—the proposal lost steam in Washington. Imagine all the work that would have to be done to enact Pearcy’s plan: re-surveying the land, setting up new voter districts, new taxation infrastructure—basically starting the whole country over. It’s easy to see why the government balked (though that doesn’t mean it was a bad idea).”

 

Mental Floss

 

 

 

 

 

 

 

 

 

 

The Kronies: Laughing All The Way To The Export-Import Bank

 

 

 

 

Published on Jun 16, 2014

” Get Konnected at http://thekronies.com/

  In this very special episode of “The Less You Know”, Johnny and Bobby learn a valuable lesson about campaign finance. 

  With a crucial re-authorization vote looming, the Representatives must decide whether or not to support the U.S. Export-Import Bank. Johnny and Bobby nearly make a terrible mistake, one that could endanger their political careers! 

  Luckily, Bankor and Ariel Stryker appear just in time to set the Reps straight…straight on the path to re-election. Including a special appearance by “the Big man” himself, this episode is sure to capture hearts, minds, and votes.”

 

 

 

 

 

 

 

 

 

 

 

 

 

9 Unbelievably Absurd Acronyms the FBI Is Tracking On Twitter, Or 9UAATFBIITOT

 

 

FBI Twitterspeak

 

 

 

 

 

” In this week’s stranger news, an 83-page document was procured by self-proclaimed “FOI Geek” Jason Smathers under the Freedom of Information Act. The document, created by the FBI’s Directorate of Intelligence Research Support Unit, features an “extensive—but far from exhaustive—list of shorthand and acronyms used on Twitter and other social media venues.”

  The list contains more than 2,800 entries (you read that correctly) which the FBI asserts you “should find useful in your work or for keeping up with your children and/or grandchildren.” In case your child decides to tell you, “HGH”, during in the middle of a conversation, fret not, for now you can just pull out your handy dandy 83-page guide to internet slang and see that they’re obviously telling you “Haters Gonna Hate.” Duh.

  With over 2,800 abbreviations on the list, there are understandably some strange ones which, based on a quick internet search, have literally never even been used. Imagine employing any of these in daily conversation, not to mention trying to memorize them:

From Reason:

 

  • IOKIYAR, “It’s okay if you’re a Republican
  • ALOTBSOL, “Always look on the bright side of life”

 

 

 

 

 

 

  • BTDTGTTAWIO, “been there, done that, got the T-shirt and wore it out”
  • EOTWAWKI, “end of the world as we know it”

 

 

 

 

 

  • HCDAJFU, “He could do a job for us”
  • IITYWTMWYBMAD, “If I tell you what it means will you buy me a drink?”
  • LFBBEG, “Looking for big bad evil guy”
  • KTBSPA, “Keep the backstreet pride alive”
  • PMIGBOM, “Put mind in gear before opening mouth”

 

 

     Our tax dollars at work … Jeez . One would think that with all the threats to our way of life from those evil “right-wing extremists” , the need to change illegal’s diapers , arming terrorists and such that the Feds would have enough to do without spending a fortune studying social media acronyms … but one would be wrong , wouldn’t one ? 

   In Obama’s Amerika no job is to small for the hand of big government .

Read more  here and here:

 

FBI Releases 83-Page Guide to Social Media Slang, Acronyms

FBI’s Amusing ‘Twitter Speak’ Dictionary Revealed

WTF FBI? Agency Has Huge List of Twitter Slang (and Some of It’s Fake)

FBI discovers Twitter-speak, starts a dictionary

 

 

 

 

 

 

 

 

 

 

World Cup 2014: 17 Pictures Of Shocking Violence As Police ‘Open Live Fire’ On Anti-Fifa Protesters

 

 

world cup 2014 violence

 

 

 

” A Brazilian police officer was filmed firing what appear to be live rounds at anti-World Cup protesters this weekend.”

 

 

 

 

 

 

 

” The incident was captured by the Associated Press close to Rio de Janeiro’s Maracana stadium during the Argentina vs Bosnia-Herzegovina match on Sunday.

  The scenes also saw a man in plain clothes who identified himself as a police officer fire two shots into the air. He continued firing as he was driven away. The news agency was not able to confirm his identity.

  Some residents have turned to artistic protest – daubing walls with anti-Fifa graffiti.

  These powerful images show a nation discontent with corruption, greed and injustice. “

 

 

” One mural in particular, at a Sao Paulo school by renowned street artist Paulo Ito, has gone viral on social media, showing a weeping, starving Brazilian boy, knife and fork in hand, being served a football on a plate.”

 

Lots more here and at the link below:

 

 

RIO OFFICER SHOOTS LIVE ROUND DURING CUP PROTEST

 

 

 

 

 

 

 

 

IMF Slashes Estimate For US Economic Growth In 2014

 

 

 

 

 

” The International Monetary Fund slashed its forecast for US economic growth on Monday, citing a harsh winter, problems in the housing market and weak international demand for the country’s products.

  In its annual review of the US economy, the IMF cut its growth forecast by 0.8 percentage points to 2%. At a press conference IMF managing director Christine Lagarde blamed the bad winter for much of the cut and said the setback should be temporary. But she warned: “Growth in and of itself will not be enough.”

  As part of a series of reforms the IMF has called for an increase in the minimum wages in the US, currently the lowest when compared to the average wage in any of the Organisation for Economic Co-operation and Development (OECD)’s 34 countries.

  She said the number of long-term unemployed, 3.4 million in May according to the Department of Labor, remained too high and the percentage of people in or actively looking for work, the so-called participation rate, remained too low.”

 

 

 

    While acknowledging the impact that our huge unemployment rate is playing in the lack of recovery , Ms Lagarde proceeds to lecture the US on the need to hike the minimum wagethat will spur employment , yeah , right . Their second recommendation is the other tried and true Statist “recovery tool” … government stimulus

 

” The IMF believes the US also needs to do more to mitigate the impact of its aging population and to stimulate productivity. The best option would be for government to boost spending, notably on infrastructure, the IMF said.”

 

 

 

The Guardian has more

 

 

 

 

 

 

 

 

“Liquidity Is Becoming A Serious Issue” As Japan’s Bond Market Death Goes Global

 

 

 

 

 

” While we noted last week the death of the Japanese bond market as government intervention has killed the largest bond market in the world; it is now becoming increasingly clear that the dearth of trading volumes is not only spreading to equity markets but also to all major global markets asinvestors rotate to derivatives in order to find any liquidity. Central planners removal of increasing amounts of assets from the capital markets (bonds and now we find out stocks), thus reducing collateral availability, leaves traders lamenting “liquidity is becoming a serious issue.” While there are ‘trade-less’ sessions now in Japanese bonds, the lack of liquidity is becoming a growing problem in US Treasuries (where the Fed owns 1/3rd of the market) and Europe where as JPMorgan warns, “some of this liquidity may be more superficial than really deep.” The instability this lack of liquidity creates is extremely worrisome and likely another reason the Fed wants to Taper asap as DoubleLine warns, this is “the sort of thing that rears its ugly head when it is least welcome — when it’s the greatest problem.”

As Bloomberg reports,

Japan’s bond market is dead… and so is its stock and FX markets…

 

  The Bank of Japan’s unprecedented asset purchase program has released a creeping paralysis that is freezing government bond trading, constricting the yen to the tightest range on record and braking stock-market activity.

“ All the markets have been quiet,” said Daisuke Uno, the Tokyo-based chief strategist at Sumitomo Mitsui Banking Corp. “We’ve already seen the BOJ dominance of JGBs since last year, but recently participants in currency and stock markets are also decreasing as those assets have traded in narrow ranges.”

“ The flows on both the buying side and selling side continue to fall,” said Takehito Yoshino, the chief fund manager at Mizuho Trust & Banking Co., a unit of Japan’s third-biggest financial group by market value. “Falling volatility is a very serious problem for traders and dealers who are unable to get capital gains.”

The effects of the plunge in Japan’s bond market is hardly limited to the land of the Rising Sun …

The US is getting that way as the Fed owns one third of the market…

 

” And with that not only have the central planners broken the largest and historically most liquid markets in the world but have forced investors into leveraged derivatives positions (in order to find liquidity for their exposure-seeking) which themselves are entirely over-promise (relative to the underlyings) and under-collateralized with any quality collateral. As we concluded previously

 
 

  Assume tomorrow the real black swan appears and all the liabilities: traditional and shadow, promptly demand collateral delivery. Well, the $11 trillion shortage would mean that risk values of, for example the S&P, would be haircut by a factor of, say, 75%. Or back to the proverbial 400 on the S&P500.

  Still think owning real high quality collateral, not of the paper but of the hard asset variety such as gold, is a naive proposition, best reserved for fringe lunatic, tin foil hatters and gold bugs?

Go ahead then: sell yours. “

 

 

 

Continue reading at Zero Hedge

 

 

 

 

 

 

 

 

 

 

 

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