World's Smallest Political Quiz:Monday, December 23, 2013
China "Fixes" Liquidity Crisis By Banning Media Use Of Words "Cash Crunch"
China "Fixes" Liquidity Crisis By Banning Media Use Of Words "Cash Crunch" | Zero Hedge:"How do you "fix" a nations' banking system's increasingly desperate need (and dependence upon) for government-provided liquidity without giving in and just providing all the inflation-stoking liquidity the banks demand?
Simple - in China - you ban the media from discussing it.
As The FT reports, Chinese propaganda officials have ordered financial journalists and some media outlets to tone down their coverage of a liquidity crunch in the interbank market, in a sign of how worried Beijing is that the turmoil will continue.
The censors have warned reporters not to "hype" the multiple-sigma spikes in overnight-funding rates and have forbidden the press from using the Chinese words for "cash crunch.""
No cartoons of Barry pushing old people of a cliff this time------ObamaCare’s New Year’s Day Surprise: Deep Cuts to Medicare
.ObamaCare’s New Year’s Day Surprise: Deep Cuts to Medicare - AMAC, Inc.
As if ObamaCare’s botched website, coverage cancellations, and higher costs were not bad enough, the Obama Administration has quietly dealt yet another blow – this time striking millions of the nation’s most vulnerable seniors. Specifically, the Obama Administration has decided to deeply cut funding for the Medicare program’s home health benefit as a way to help pay for ObamaCare.
The Administration made this announcement very quietly, waiting to do so until the very end of the last Friday before Thanksgiving, perhaps thinking that most people would not be looking.
To be sure, the timing of the Administration’s quiet announcement did keep it out of sight – for a while. That ended on December 12th, however, when theWashington Examiner broke the story in an article headlined “ObamaCare forcing 14 percent cut in Medicare’s home health program.” FOX News and the Daily Caller have also picked up this story, so full attention is now being paid to this unprecedented cut – and the harm it will do to frail seniors across America.
As the Examiner’s Richard Pollock wrote, “An estimated 3.5 million poor and ill homebound senior citizens will wake up on New Year’s Day to discover ObamaCare has slashed funding for their home health care program.”
He’s right: on January 1st, the Obama Administration will sharply cut Medicare funding for home healthcare services.
Obama's america----Unruly Crowd Causes Commotion At Salvation Army Toy Distribution
I want it free!And I want it NOW!
That's Barry's army today.
Unruly Crowd Causes Commotion At Salvation Army Toy Distribution « CBS Pittsburgh
PITTSBURGH (KDKA) — Organizers of a Salvation Army holiday
toy distribution on Pittsburgh’s North Side planned to bring in more staff today after a crowd turned unruly Friday.It all happened just after 11:30 a.m. at the Salvation Army facility on North Avenue.
Rich liberals "Rat space for thee but not for me"-----Rise in Micro-Apartments Raises Concerns Over Mental Health
These phoney elites are no different than the worst of the French aristocrats of the French revolution.
Off with their heads!
Rise in Micro-Apartments Raises Concerns Over Mental Health | The New York Observer:
"Even though Mayor Michael Bloomberg has championed the micro-unit, some experts are concerned that living in 250 to 370 feet spaces could be risky.
“Sure, these micro-apartments may be fantastic for young professionals in their 20’s,” Dak Kopec, director of design for human health at Boston Architectural College, told The Atlantic.
“But they definitely can be unhealthy for older people, say in their 30’s and 40’s, who face different stress factors that can make tight living conditions a problem.”
According to Mr. Kopec, the space-saving trend of tiny apartments can lead to increased claustrophobia, domestic abuse, and alcoholism."
Off with their heads!Rise in Micro-Apartments Raises Concerns Over Mental Health | The New York Observer:
"Even though Mayor Michael Bloomberg has championed the micro-unit, some experts are concerned that living in 250 to 370 feet spaces could be risky.
“Sure, these micro-apartments may be fantastic for young professionals in their 20’s,” Dak Kopec, director of design for human health at Boston Architectural College, told The Atlantic.
“But they definitely can be unhealthy for older people, say in their 30’s and 40’s, who face different stress factors that can make tight living conditions a problem.”
According to Mr. Kopec, the space-saving trend of tiny apartments can lead to increased claustrophobia, domestic abuse, and alcoholism."
I was there just before the "volcano blow"---10 Strange 20th Century Ruins
10 Strange 20th Century Ruins - Listverse:
Plymouth, Montserrat
Photo credit: Mike Schinkel
In 1989, the quiet Caribbean island of Montserrat was struck by a devastating hurricane, which damaged more than 90 percent of the structures on the island and devastated the economy. Refusing to give in to despair, the proud Montserratian people came together to repair the damage and rebuild their country. Six years later, the island’s long dormant volcano suddenly became active again. It’s a cliché, but sometimes life really isn’t fair.
In July 1995, the capital, Plymouth, was evacuated as a precaution, but a small number of residents were allowed back a year later. Then, on June 25, 1997, a huge eruption buried the town in lava, mud, and ash. Over 15 years later, the town is still buried—the tops of houses, cars, and even red telephone boxes can be seen protruding from the ash, which has been compacted to the density of concrete. In some places the ash is thick enough that the rooves of multi-story buildings are now barely above ground level. Nineteen people died when the ash engulfed Plymouth, and much of the population of Montserrat fled the island, never to return.
Seems "Detroit" is the new synonym for disaster------The next Detroit? Atlantic City and Las Vegas facing catastrophy
The next Detroit? Atlantic City and Las Vegas facing catastrophi - New York News:"With the closure of the recent Atlantic Club Casino Hotel, rumors of the bankrupt Revel being sold to Hard Rock, more than half of the mortgages in Las Vegas under water, casinos opening up all around the country and online gambling legislation underway in various states, it seems as if the reasons for the very existence of Atlantic City and Las Vegas are in serious jeopardy."
....With this in mind, it seems the niche that Las Vegas and Atlantic City once offered as a gambling and entertainment hub is heading toward the dustbin of history.
Time will tell if these two cities will end up like Detroit.
However, the fact that they are losing their biggest industries to major competition, much like Detroit did, with depressed housing, casinos bankrupting/closing and businesses fleeing, makes their fate seem eerily similar.
Well, it is more powerful. Wasn't THAT the point--------100 Years Later, The Federal Reserve Has Failed At Everything It's Tried
100 Years Later, The Federal Reserve Has Failed At Everything It's Tried - Forbes:"Under the Fed’s supervision, boom and bust cycles have continued.
Three of them have been severe: the Great Depression, the stagflationary period of 1974-82, and the current “Great Recession.”
Bank failures have occurred in alarmingly high numbers.
Depending on what measurements are used, the dollar has lost between 95 and 98 percent of its purchasing power.
(Amazingly, the Fed’s official position today is that inflation is not high enough, so the erosion of the dollar continues as a matter of policy.)
Using your kindness to support their greed------Michigan telemarketing firm takes huge chunk out of charity donations
Michigan telemarketing firm takes huge chunk out of charity donations | Detroit Free Press | freep.com:"Associated Community Services has put its banks of script-reading phone solicitors to work for the veterans group, dialing into homes and convincing people to give up their credit card number and make a donation.
In 2011, the most recent year for which records are available, Associated Community Services raised $89,740 on behalf of the veterans group. But when the final check was cut, the charity received only $8,855 — a mere 10% — to put toward services for veterans. ACS kept the remaining $80,885 as payment for its fund-raising work, according to forms filed with the Internal Revenue Service."
"You didn't build that"-------RAUL CASTRO ISSUES STERN WARNING TO ENTREPRENEURS
News from The Associated Press:"Castro appeared to justify all of the recent moves to clamp down on private enterprise.
"We're not ignorant of the fact that those pressuring to move faster are moving us toward failure, toward disunity, and are damaging the people's confidence and support for the construction of socialism and the independence and sovereignty of Cuba.""
Crunch--Take off drama as British Airways jet crashes into building: Aircraft bound for London clips its wing as it taxis at Johannesburg airport
Take off drama as British Airways jet crashes into building: Aircraft bound for London clips its wing as it taxis at Johannesburg airport | Mail Online:" the B747-400 aircraft was cleared for takeoff on Runway 03L.
It said: 'It was confirmed to the SACAA that the air crew got instructions from the Air Traffic Control to taxi using taxi way B. The crew continued onto taxi way M which is narrower resulting in the aircraft impacting on an office building behind the SAA Technical hangers."
Will fewer power plants (as Obama has declared) make this better-------Some Michigan homes, businesses could be without power through Christmas
Some Michigan homes, businesses could be without power through Christmas | Detroit Free Press | freep.com:"Utility crews are working overtime to restore power to the tens of thousands of homes and businesses left without electricity thanks to the weekend ice storm in Michigan.
DTE hoped to have most of its customers back on line by Tuesday, but Consumers Power said it could be a powerless Christmas for some of its electric customers, especially those around Flint."
We are told (by the left) to look to Europe for "progressive" ideas------Lessons from Dutch Welfare Reform
Lessons from Dutch Welfare Reform | Cato @ Liberty:"Welfare advocates regularly urge Americans to look to the European welfare state as a model.
At least in the case of the Netherlands, they might be on to something.
The Dutch have just announced a massive reform of their welfare system, designed to reduce dependency and put a new emphasis on work.
For example, welfare applicants will now be required to prove that they spent at least 4 weeks actively searching for a job before they become eligible for any assistance.
And once they begin to receive benefits they will either have to work or perform volunteer community service.
Dutch welfare recipients would be required to take available jobs even if they had to move or commute up to three hours per day."
The Unstoppable March Toward National Bankruptcy: Who's To Blame?
The Unstoppable March Toward National Bankruptcy: Who's To Blame? - Forbes:"Who is to blame?
Let’s start by picking the low-hanging fruit: “progressives,” a.k.a, Democrats. The Dems always want more federal spending, higher taxes, more government. Indeed, there is no major area of economic activity over which they want less control. Whether it’s food, energy, housing, health care, retirement, finance, transportation, education, etc., they always want to expand the government’s scope and power.
The Democrats have led the way toward bigger government. They always succeed in getting Republicans to blink every time the debt ceiling is reached, because whereas Republicans are ambivalent and divided about Big Government, progressives are united and utterly committed to it. They do not vacillate; the Republicans do, and so they buckle."
"Duh-of-the-year"---------Homebuying franchise calls Detroit one of 10 'riskiest' markets for investment
Homebuying franchise calls Detroit one of 10 'riskiest' markets for investment | MLive.com:"DETROIT, MI - HomeVestors, a Dallas-based home-buying franchise, has named the 10 best real estate markets in which to invest, as well as the 10 riskiest, as part of its Local Market Monitor analysis.
Detroit was called one of the 10 riskiest, joining Los Angeles, Gary, Providence, Buffalo, Toledo, Cleveland, Birmingham, Ala.; and New Haven, Conn.. as "speculative" markets. "
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This is really weird-----Individual Mandate | HHS Says Obamacare Is a Hardship
These morons are officially declaring that their own proclamations have made individuals "hardship" cases worthy of another wave of their "wand".This is like the Woody Allen movie "Bananas".
Except it's real.
Barry's in Hawaii... if you need to call....
Individual Mandate | HHS Says Obamacare Is a Hardship:
"Thus, the Health and Human Services (HHS) Secretary is now exercising her authority to grant a “hardship” exemption to the individual mandate to purchase health insurance.
The Administration announced that those who have had their previous policies canceled will now qualify for a “temporary” hardship exemption (no exact time frame is given) from the individual mandate.
Thus, as the law allows, those who get a “hardship exemption” are now able to purchase a catastrophic plan—typically only available to those under age 30.
This is supposed to be beneficial because catastrophic plans have cheaper premiums, as Secretary Sebelius estimates, on average about 20 percent lower than other plans available on the exchange.
Under the Affordable Care Act, however, catastrophic plans have the highest deductibles allowed—$6,350 for self-only coverage—before the plan pays benefits.
In addition, catastrophic plans are not eligible for subsidies in the exchanges."
History for December 23 - Sled, Fed, Dead. Brave, Brilliant, Doh!
History for December 23 - On-This-Day.com1823 - The poem "A Visit from St. Nicholas" by Clement C. Moore (" 'Twas the night before Christmas...") was published.
1913 - The Federal Reserve Bill was signed into law by U.S. President Woodrow Wilson. The act established 12 Federal Reserve Banks.
1948 - Former Japanese premier Hideki Tojo and six other Japanese war leaders were executed in Tokyo. They had been found guilty of crimes against humanity. 
1968 - Eighty-two crewmembers of the U.S. intelligence ship Pueblo were released by North Korea, 11 months after they had been captured.
In 1947, John Bardeen, Walter Brattain and William Shockley of Bell Laboratories unveiled the transistor. They shared the Nobel Prize for this invention, which led to a revolution in communications and electronics.
Sunday, December 22, 2013
Comisars at Salon.com love Barry's "power wand"-------Crush GOP obstruction, and reduce inequality now!
Wait til his regime's end is near.Fear for our country!
Crush GOP obstruction, and reduce inequality now! - Salon.com:
"An executive order hiking pay for federal contractors’ employees could help 2 million low-wage workers"
President Obama’s last speech on income inequality was by far his best. He linked rising inequality, and declining social mobility, to the growing low-wage work swamp, in which one in four workers makes little enough that they qualify for public assistance.
“We know that there are airport workers, and fast-food workers, and nurse assistants, and retail salespeople who work their tails off and are still living at or barely above poverty,” he said, adding, “It’s well past the time to raise a minimum wage that in real terms right now is below where it was when Harry Truman was in office.” Obama supports hiking the federal minimum wage from $7.50 to $10.10, but such a push is stalled for the time being by congressional Republicans.
Obama didn’t mention the one move he could make himself: issuing an executive order mandating that federal contractors pay their workers a higher wage. Back in August, the New York Times editorialized on behalf of such a move, pointing to new research showing that hundreds of billions in federal contracts go to firms paying low wages and offering no benefits. An estimated 2 million low-wage workers are employed by federal contractors, making the federal government the largest employer of low-wage workers in the country.
“In effect, tax dollars are being used to fuel the low-wage economy and, in the process, worsen inequality,” the Times argued.
Congressional progressives joined the clamor this month, with Reps. Keith Ellison and Raul Grijalva writing a letter that Ellison personally delivered to Obama asking him to use an executive order to hike wages for these workers. “We believe the federal government should set a positive example and pay workers a living wage,” the duo wrote. “You have the ability to make a living wage a reality for millions of Americans, which will benefit their families and also spur needed economic growth.”
Cracker Barrel does a 180: ‘Today, we are putting all our Duck Dynasty products back in our stores.’
Cracker Barrel does a 180: ‘Today, we are putting all our Duck Dynasty products back in our stores.’ | Twitchy:"Message received from Phil Robertson supporters, loud and clear:
Dear Cracker Barrel Customer:
When we made the decision to remove and evaluate certain Duck Dynasty items, we offended many of our loyal customers.
Our intent was to avoid offending, but that’s just what we’ve done.
You told us we made a mistake.
And, you weren’t shy about it.
You wrote, you called and you took to social media to express your thoughts and feelings. You flat out told us we were wrong.
We listened.
Today, we are putting all our Duck Dynasty products back in our stores.
And, we apologize for offending you.
We respect all individuals right to express their beliefs.
We certainly did not mean to have anyone think different.
We sincerely hope you will continue to be part of our Cracker Barrel family.
Some of Robertson’s supporters, however, still have a question:"
Your tax dollars at work--------This new Obamacare rap video is nuts
Seriously folks.
This is what your government is spending your tax dollars on.
And it's their insider, big contributor buddies who are gettin' the loot to make these idioti-videos.
This new Obamacare rap video is nuts « Watchdog.org:
"BOISE, Idaho — It’s President Barack, bizzle.
The public relations war over President Barack Obama’s signature health care plan continues, with the act’s proponents pushing young people to sign up for the law to subsidize care for the elderly, a crucial component of the plan.
The latest video push comes from Get Covered, a firm backer of Obamacare.
Enroll America, a nonprofit group, runs Get Covered.
Enroll is staffed with top Democratic operatives, as revealed by Florida Watchdog’s Will Patrick earlier this year.
Get Covered’s video is a spoof of Snoop Dogg’s — or is it Snoop Lion?— 2004 smash hit, “Drop it Like it’s Hot.”"
This is what your government is spending your tax dollars on.
And it's their insider, big contributor buddies who are gettin' the loot to make these idioti-videos.
This new Obamacare rap video is nuts « Watchdog.org:
"BOISE, Idaho — It’s President Barack, bizzle.
The public relations war over President Barack Obama’s signature health care plan continues, with the act’s proponents pushing young people to sign up for the law to subsidize care for the elderly, a crucial component of the plan.
The latest video push comes from Get Covered, a firm backer of Obamacare.
Enroll America, a nonprofit group, runs Get Covered.
Enroll is staffed with top Democratic operatives, as revealed by Florida Watchdog’s Will Patrick earlier this year.
Get Covered’s video is a spoof of Snoop Dogg’s — or is it Snoop Lion?— 2004 smash hit, “Drop it Like it’s Hot.”"
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