Thursday, August 22, 2013

To Hell With Negotiation: ObamaCare Wasn't Passed In A Bipartisan Manner, So Why Should Defunding It Be?

No Negotiation!
The Democrats held the country hostage to pass ObamaCare, so there's nothing to holding it hostage to defund it, especially since a clear majority doesn't want ObamaCare.

Erick Erickson here:


I have no fall back plan. Defunding Obamacare is not a starting position for negotiation. The Democrats did not negotiate with the American public before subjecting them to this law. I see no reason to negotiate now. The GOP has the power to defund Obamacare and if the Democrats do not agree, it is on them. ... The Democratic Party of the United States and the President himself were willing to sacrifice their majority in order to foist Obamacare on an unwilling populace. If the GOP is not willing to stake its position on repeal of a law most Americans oppose, that makes the Democrats far braver.


Al Gore's Latest Loose Screw Safely Removed From The Roadway By WaPo

To think this guy could have been president, or that some think he would have been an improvement over George W. Bush.

Story in The Washington Post, here.

Real Median Income Falls 4.4% Under Obama, 6% Since 2007

You talkin' to me?
Way to go, Brownie!

Story here:


The median, or midpoint, income in June 2013 was $52,098. That's down from $54,478 in June 2009, when the recession officially ended. And it's below the $55,480 that the median household took in when the recession began in December 2007. The report says nearly every group is worse off than four years ago, except for those 65 to 74.

-------------------------------

"It is also advantageous for a tyranny that all those who are under it should be oppressed with poverty, that they may not be able to compose a guard; and that, being employed in procuring their daily bread, they may have no leisure to conspire against their tyrants." -- Aristotle, Politics

Fewest Ever Lose Their Jobs Under Obama In Last Month

First time claims for unemployment have hit a new low under Obama this week. For four weeks in a row initial claims in the not-seasonally-adjusted category have come in well below the 300,000 mark, averaging just over 283,000 per week in the last month. That's the first time that's ever happened under Obama. The seasonally-adjusted figure completely misses the fact and is nearly 17% worse.

If kept up for a year 283k/week would be the equivalent of 14.7 million first time claims for unemployment. Under George W. Bush the actual annual level never got below 16 million.

You could hardly ask for better conditions under which to add jobs, if there were any to add.

In 2011 Head Of FISA Court Ruled NSA Had Already Lied To It Three Times


No wonder Snowden got fed up and blew the whistle.

The New York Times reports here:


The Justice Department had told Judge Bates that N.S.A. officials had discovered that the program had also been gathering domestic messages for three years. Judge Bates found that the agency had violated the Constitution and declared the problems part of a pattern of misrepresentation by agency officials in submissions to the secret court. ... “The court is troubled that the government’s revelations regarding N.S.A.’s acquisition of Internet transactions mark the third instance in less than three years in which the government has disclosed a substantial misrepresentation regarding the scope of a major collection program,” Judge Bates wrote.


Wednesday, August 21, 2013

350 Radioactive Water Storage Tanks At Fukushima Have Rubber Seals, Not Welded, Just Like The One That's Leaking

There's a line in Heartbreak Ridge which updates snafu. That's Fukushima, except there's nothing normal about pools of leaking radioactive water throwing off 100 millisieverts per hour. 

Story here, by Fukushima Diary, and here by the BBC, which regrettably didn't put Mochizuki on the radio.

Hillary Has More Sooty Baggage Than A 90-Car Freight Train

So says Camille Paglia, here:
'It remains baffling how anyone would think that Hillary Clinton (born the same year as me) is our party’s best chance. She has more sooty baggage than a 90-car freight train. And what exactly has she ever accomplished — beyond bullishly covering for her philandering husband? She’s certainly busy, busy and ever on the move — with the tunnel-vision workaholism of someone trying to blot out uncomfortable private thoughts. I for one think it was a very big deal that our ambassador was murdered in Benghazi.'In saying “I take responsibility” for it as secretary of state, Hillary should have resigned immediately. The weak response by the Obama administration to that tragedy has given a huge opening to Republicans in the next presidential election. The impression has been amply given that Benghazi was treated as a public relations matter to massage rather than as the major and outrageous attack on the U.S. that it was. Throughout history, ambassadors have always been symbolic incarnations of the sovereignty of their nations and the dignity of their leaders. It’s even a key motif in “King Lear.” As far as I’m concerned, Hillary disqualified herself for the presidency in that fist-pounding moment at a congressional hearing when she said, “What difference does it make what we knew and when we knew it, Senator?” Democrats have got to shake off the Clinton albatross and find new blood.'

Tuesday, August 20, 2013

Detained In London Limbo Land, David Miranda Didn't Have The Right To Remain Silent



Glenn Greenwald's "wife" detained to intimidate him

As explained here in the UK Guardian:

The reality about schedule 7 of the 2000 [British terrorism] act is that it is a legal power tailored to the half-world of ports and airports. It gives police powers to do things to people in that half-world that they could not do in the real one. In the real world, legal checks and balances apply – in America, ironically, some of these go under the name of "Miranda rights". In the half-world, people can be held and questioned, searches carried out and property confiscated without particular suspicion or legal safeguards. There were 69,000 such stops last year, only a handful of which led to arrests.


And here:


"They even asked me about the protests in Brazil, why people were unhappy and who I knew in the government," said Miranda. He got his first drink – from a Coke machine in the corridor – after eight hours [of detention and interrogation] and was eventually released almost an hour later. Police records show he had been held from 08.05 to 17.00. Unable immediately to find a flight for him back to Rio, Miranda says the Heathrow police then escorted him to passport control so he could enter Britain and wait there. "It was ridiculous," he said. "First they treat me like a terrorist suspect. Then they are ready to release me in the UK."





Monday, August 19, 2013

Sen. McCain Couldn't Find His Own Ass With Both Hands. Neither Could USA Today.

From the most ridiculous editorial about NSA abuses I've read yet, here, in USA Today Away, quoting the senator whom that dope Sarah Palin helped reelect:


"[W]e need more congressional oversight. We need more information."

You mean from Senator Feinstein who is in charge of the oversight in the Senate, who never even had the May 2012 NSA internal audit detailing its own abuses, let alone read it?

Both senators belong in a retirement community, far away from Washington, D.C., reading lifetime subscriptions to that birdcage liner.

UK PM Cameron Joins United Stasi Of America, Tells UK Guardian To Destroy Snowden Files

The Financial Times has the story, here:

"[I]f the material was not handed over or destroyed, the government would try to stop the Guardian’s reporting through a legal route."

30 seconds of truth

Kim Dotcom punks the US Embassy in Berlin July 2013

Sunday, August 18, 2013

TBSOL: McCain Has No Credibility In The American World





(seen at Drudge)

Under Harry Truman Federal Spending Was Slashed More Than Two Thirds

Between fiscal years 1945 and 1948 inclusive federal spending declined 67.85%, from $92.7 billion in 1945 to $29.8 billion in 1948. By the end of fiscal 1952 spending increased back up to $67.7 billion, but still 27% lower than in 1945.

Real GDP declined 9.4% from January 1945 to January 1949, but rebounded 28% by the time he left office four years later.

Who says we can't cut the size of government dramatically and still grow like gangbusters?

Saturday, August 17, 2013

Kudlow Is Right That Obama's Glorious Immediate Post-War Never Existed, But Completely Misses The Spending Cut Angle

Larry Kudlow, here:


[S]peaking in Galesburg, Ill., this summer, Obama served up a convenient historical fairy tale: "In the period after world War II," he said, "a growing middle class was the engine of our prosperity." Presumably he was thinking of a time when high taxes on the rich and industrial-union rule had the middle class soaring. The trouble is, Obama's history is wrong.

--------------------------------

Arguably, government spending cuts were the engine of post-war prosperity.

While Truman's record is second only to JFK/LBJ for real GDP growth in the post-war period, it occurred under special circumstances of extraordinarily deep government spending CUTS, which is little appreciated today when politicians and Keynesian and monetarist economists stress the importance of government spending for GDP. The truly remarkable thing under Truman is how the economy soared as spending decreased by TWO THIRDS from 1945 to 1947, as Arnold Kling reminded us here last year. Funny how Kudlow doesn't mention this. I guess they don't teach that at Princeton.

Under Truman's successor Eisenhower, real GDP growth slowed dramatically because of onerous levels of taxation maintained primarily to retire the war debts, but Eisenhower spent almost as frugally as Truman at the same time, making them the two best presidents we've had when it comes to small increases in the US public debt. That said, only the two Bush presidents and Obama have turned in poorer GDP performances than IKE. Funny also how Kudlow mentions only the one Bush. He leaves out the other one. You know, the "read my lips . . . no new taxes" Bush who ended up raising taxes.

Interestingly enough for US public debt growth, JFK/LBJ come in right behind Truman and Eisenhower while introducing the tax cuts which might have made Eisenhower's GDP record better than it was. Despite the guns and butter era under LBJ, the presidents occupying The White House between 1945 and 1968 were the most fiscally responsible we've had in the post-war, and it was a dramatic resetting of the baseline for spending LOWER under Truman which was the foundation of that period's economic growth.

Sen. Diane Feinstein, Washed-Up Geezer, Thinks NSA Oversight Means Overlooking It

Senator Dianne Emiel Goldman Berman Feinstein Blum, I think
Senator Diane Feinstein (D-CA) is supposed to be leading the oversight of the NSA in the Congress, but to her "oversight" means something more like ignoring it. Easy to do during naps.

Conor Friedersdorf for The Atlantic reports here:

The [Washington Post] got its hands on the [internal May 2012 NSA] audit -- more than a year after the fact -- before she did! And the trend? "Despite the quadrupling of the NSA's oversight staff after a series of significant violations in 2009," [Barton] Gellman reports [link added], "the rate of infractions increased throughout 2011 and early 2012."

Friday, August 16, 2013

ObamaMan Spooks "Bill And Hillary Clinton" On SNL Halloween Party In 2007

Video here.

Only we can mock ourselves.

The Immorality Of Keynesianism Explained In A Thought Experiment

From the conclusion of Jeffrey Dorfman for Forbes, here:


"Actions by private individuals that are not beneficial to society do not suddenly become so when the government does them. Ask yourself if government policies [of printing money and income redistribution from the rich to the poor through the tax code] would be legal and have a positive effect if a private citizen did the same thing [by counterfeiting money and robbing banks]. If the answer is no, using government to accomplish the same aims will not change the policy into a good one."

Bernanke's Crime Against The Elderly: He's Cut Their Income 88%

From Kermit Zieg for The Washington Post, here:


The major architect of the recovery of the past five years has been the Federal Reserve System. ... Everyone seemed to win, but that’s not so. Retirees were badly hurt — devastated, in fact. They have not benefited from lower mortgage rates because their homes generally are paid off. They are not in the stock market because of the volatility. They primarily live on savings and the interest earned on these savings. Ten years ago, a retiree could have earned $40,000 annually on $1 million of savings in a bank. Today, that same $1 million would be lucky to earn $5,000 yearly. If a retirement lifestyle was built on expectations of $40,000 in annual interest income and the reality today is $5,000, the improving economy has no relevance. Economic survival in a low-interest-rate market is the focus for retirees.

-------------------------------------------------------------------

It is always the defenseless who are the first to go under the bus in this country: unborn children, the unemployed and the old.


Thursday, August 15, 2013

Who's The Conservative? Rush Limbaugh Or The Prophet Jeremiah?


Now, Steve Jobs' version of what [Ashton] Kutcher said in the last sound bite was this: "Your time is limited, so don't waste it living someone else's life. Don't be trapped by dogma -- which is living with the results of other people's thinking. Don't let the noise of others' opinions drown out your own inner voice." Don't let other people talk you out of believing in yourself.  Don't let other people talk you out of believing that what you want to do is valid and good and worthwhile. Don't let other people's structure and formula make you feel second-rate or inconsequential. "And most important, have the courage to follow your heart and intuition. They somehow already know what you truly want to become. Everything else is secondary."

He said just have the courage, believe and think for yourself, live for yourself. And he's also saying something there that is really true. Your heart will never lie to you.  Your head will all day long, but your heart won't. Steve Jobs said that when you grow up, you tend to get told the world's the way it is and that your life has to be lived inside that world. Try not to get into too much trouble. Get an education, get a job, make some money, have a family, but don't make waves. And Jobs said, to hell with that. Make waves. Everybody else made waves. Change the world.

-- Rush Limbaugh, yesterday here


The heart is deceitful above all things, and desperately corrupt; who can understand it? "I the LORD search the mind and try the heart, to give to every man according to his ways, according to the fruit of his doings."

-- Jeremiah 17:9f.


Jobless Claims Average Plummets Below 300k For First Time Under Obama

First time claims for unemployment, not-seasonally-adjusted, have now averaged just under 298,000 per week in the last four weeks, the first time that's happened under Obama. Today's weekly report of 280,502 is the third in a row below 300,000 and only the fifth time in 4.5 years under Obama that weekly first time claims have been under that level.

The report is here.

The seasonally-adjusted figure at 332,000 doesn't quite capture the current facts on the ground and exaggerates what's going on by over 11% in the latest report. Even so, annualized we're looking at between 15.5 million claims per year to 17.2 million in the last month, conditions which should make it possible to make real improvements in hiring. Under George Bush claims never got below 16.2 million per year.

But there appears to be no driver for jobs anywhere in this depressed economy, just a driver for a golf ball in the hands of the president.