Friday, June 11, 2010

Panel commissioned by Barney Frank recommends nearly $1T in defense cuts - TheHill.com

Panel commissioned by Barney Frank recommends nearly $1T in defense cuts - TheHill.com

The Neomarxist who is helping to influence Obama’s media policy

The Neomarxist who is helping to influence Obama’s media policy The Daily Caller
“Only government can implement policies and subsidies to provide an institutional framework for quality journalism.” Does that statement give you chills?

How about this one: “The news is not a commercial product. It is a public good, necessary for a self-governing society. Once we accept this, we can talk about the kind of media policies and subsidies we want.”

Or this one? “In the end, there is no real answer but to remove brick-by-brick the capitalist system itself, rebuilding the entire society on socialist principles.”"

National Debt Now Tops American Fears

National Debt Now Tops American Fears The Foundry: Conservative Policy News.
"Americans judge the national debt on par with terrorism as the top threat facing the nation."

Detroit Book

Detroit Book : MITCH COPE
"7 CONTEMPORARY DETROIT PHOTOGRAPHERS

Detroit is one of the most visually interesting cities in the world however it is also one of the most misunderstood and misrepresented cities.

This group of photographs illustrates what contemporary Detroit artists have been doing in regards to developing an understanding and appreciation for this complex and diverse city from street portraits of the “survivors” to the landscapes of wild new growth to the industrial"

Conversation with Campaign Volunteer

Hello Michigan: Conversation with Campaign Volunteer
"Last night I had the most delightful conversation with a young man who was out going door to door campaigning for Mary Valentine, Candidate for Michigan State Senate, 34th District.
That would be my district."

I wonder if this volunteer will ultimately vote for Valentine after talking to Rose.....I suspect not.

Jackson County woman jailed for year for biting off sister's nose

Jackson County woman jailed for year for biting off sister's nose Detroit Free Press
"Bobbie Smith first was charged with assault with intent to do great bodily harm, and with mayhem, a charge that involves mutilating someone's nose.

She brought her two children to court Thursday, telling Circuit Judge Thomas Wilson they depend on her.
She expressed surprise when he jailed her."

Say what?

Deadly solar storm in 2012?

TVKim- Watching: Kim's Picks- Deadly solar storm in 2012?
"Deadly solar storm in 2012?
There are plenty of fanciful doomsday predictions surrounding 2012.

But there may be a plausible threat you've never considered.
The sun produces solar storms on a regular basis.
The energy accompanying these storms can knock out electronic devices.
The last big one hit us in 1859.
But we're due for another strike in, you guessed it, 2012.
Is all the technology we rely on vulnerable?"

President demonstrates his dog-walking skills

President demonstrates his dog-walking skills A Pets Chronicle PetsHouston.com

Too funny!

Too pathetic!

Thursday, June 10, 2010

US Liquidity Crisis Coming in 2 Years

Mad Money's Jim Cramer: Senator Coburn: US Liquidity Crisis Coming in 2 Years – Unless… - CNBC
"Cramer is worried that the US could be in a tough position when all of the short-term debt it has been selling to finance its budget comes due in one, two or three years, and the country is forced to refinance at much higher rates."

Were You Fooled By The Biggest Hoax Ever

Irish Examiner USA: Were You Fooled By The Biggest Hoax Ever - Global Warming?
"Being taken for a fool was never an easy thing to admit and when it came to the biggest, most expensive hoax ever committed on modern man, even the brightest people were taken in, especially if they were of a liberal mindset."

SOLD OUT OF HAYEK

SOLD OUT OF HAYEK:
“I just got off the phone with Stephanie Hlywak of the U. of Chicago Press and it’s official — the U. of Chicago Press is SOLD OUT of copies of Friedrich Hayek’s classic The Road to Serfdom after selling over 13,000 copies in less than 24 hours, after the broadcast of Glenn Beck’s show on Hayek and his timeless book.”"

I have mine.

Read it too.

Thanks Cal!

Obama's federal spending doubletalk

Obama's federal spending doubletalk Washington Examiner
' Well, pardon us, please, for being the skunk at the party, but why should anybody take seriously any of these White House PR campaigns to make Obama look responsible on the spending issue?

After all, in less than two years in the Oval Office, Obama had added more than $4 trillion to scheduled federal spending, driven the annual budget deficit from $467 billion in 2008 to nearly $1.6 trillion in 2010, and pushed the national debt from $10.6 trillion to more than $13 trillion."

Should Michigan tax soda to curb childhood obesity?

Should Michigan tax soda to curb childhood obesity? MLive.com

It's for the children...right?

Debt Spreading 'Like a Cancer'

Debt Spreading 'Like a Cancer': Black Swan Author - CNBC
"The economic situation today is drastically worse than a couple years ago, and the euro is doomed as a concept, Nassim Taleb, professor and author of the bestselling book 'The Black Swan,' told CNBC on Thursday.

'We had less debt cumulatively (two years ago), and more people employed.

Today, we have more risk in the system, and a smaller tax base,' Taleb said.

'Banks balance sheets are just as bad as they were' two years ago when the crisis began and 'the quality of the risks hasn't improved,' he added."

G.M. Proposes Leaving a Car’s Popular Nickname in the Dust

G.M. Proposes Leaving a Car’s Popular Nickname in the Dust - NYTimes.com
"And one way to present a consistent brand message, the memo suggested, is to stop saying “Chevy,” though the word is one of the world’s best-known, longest-lived product nicknames.

“We’d ask that whether you’re talking to a dealer, reviewing dealer advertising, or speaking with friends and family, that you communicate our brand as Chevrolet moving forward,”"

Government Motors?

Dems may raid funds to pay teachers

Dems may raid funds to pay teachers - David Rogers - POLITICO.com
"Crossing a line they had hoped to avoid, Democrats are now actively discussing budget options that would mean going back into last year’s Recovery Act and redirecting billions in unspent stimulus funds to more pressing needs, such as averting threatened layoffs of public school teachers next fall."

Michigan ranked 5th nationwide in foreclosures for May

Michigan ranked 5th nationwide in foreclosures for May Detroit Free Press
"Michigan's foreclosure rate continued to outpace the national rate in May."

8 Reasons College Tuition Is the Next Bubble to Burst

8 Reasons College Tuition Is the Next Bubble to Burst Naked Law by Avvo.com
"Here are 8 reasons to believe we’re in the middle of a college tuition bubble (that’s about to burst).
1) Tuition is, and has been, increasing at double the rate of inflation"

American Thinker: America's Predicament

American Thinker: America's Predicament
"America's public debt recently exceeded 13 trillion. This is more than 90 percent of the country's GDP.

Public debts of more than 60 percent of GDP are considered unhealthy. Public debts above 90 percent of GDP cause severe disruptions in the country's financial framework and the economy at large.

According to the Obama administration America's public debt will exceed 100 percent of GDP in the next fiscal year.

History shows that most countries whose debt exceeds this mark are rarely able to control it.

This level of indebtedness usually leads to currency debasement."

Wednesday, June 09, 2010

Headline of the Day: Public Sector Union Edition

Headline of the Day: Public Sector Union Edition - Hit & Run : Reason Magazine
"'Metrobus driver that punched McGruff the crime dog rehired'

That headline from today's Washington Examiner says a lot about the sorry state of public sector unionism in America.
From the story:
A Metrobus driver fired after a deadly crash into a taxi and another canned for slugging a cop dressed as McGruff the Crime Dog are back at Metro, The Washington Examiner has learned.

Both men won their jobs back plus months of retroactive pay, the result of an arbitration decision between the bus drivers union and the transit agency.

One driver is getting paid to sit at home while the agency determines where to place him.
The other is expected to return to driving a Metrobus later this month.

'Neither of these incidents should have ever happened,' Metro spokeswoman Lisa Farbstein said.
The agency stands behind its decisions to fire the drivers, but Farbstein said Metro does not believe it has legal grounds to overturn the arbitrators' rulings.

Steven Greenhut explained how public servants became our masters in Reason's February issue."