Tuesday, May 28, 2013

Student Loan Bubble? Just Discharge It

Student Loan Bubble? Just Discharge It | Zero Hedge:
"Meet Mike Hedlund.
This Klamath Falls native may have just made legal history by winning a 10 year battle to have the bulk of his $85,000 in federal student loans, which he accumulated as a law student at Willamette University in Salem, discharged.
The result of this legal decision will likely have epic implications for an entire generation drowning in debt, as it has now "opened the flood gates" for all those in Mike's position to challenge their massive debt encumbrance."

Venezuelans bishops warn government that there is a shortage of mass wine and hosts

Venezuelans bishops warn government that there is a shortage of mass wine and hosts — MercoPress:
"Officials in Venezuela are warning that the situation will not improve in the short term, she added."

Audit finds 1,164 dead among Mass. welfare recipients

Audit finds 1,164 dead among Mass. welfare recipients | Boston Herald:
 "A stunning $2 million in benefits were paid out to more than 1,160 people who were listed as dead, according to a scathing new audit of the Department of Transitional Assistance"

Immigration Bill Swells to Over One Thousand Pages

Immigration Bill Swells to Over One Thousand Pages

Stupid


IRS Tea Party Intimidation An Echo Of Raids On Gibson Guitar

IRS Tea Party Intimidation An Echo Of Raids On Gibson Guitar - Investors.com

Mystery Contribution Kept ‘Dues Skim’ Alive

Mystery Contribution Kept ‘Dues Skim’ Alive [Michigan Capitol Confidential]:
"That's significant because the MQC3, the dummy employer used by the union to keep its forced unionization of home-based caregivers alive, had been previously defunded by the state government and thus would have been unable to keep facilitating the union's scheme."

Bankruptcy plan could open door to sale of DIA collection

Bankruptcy plan could open door to sale of DIA collection | Crain's Detroit Business:
"A federal bankruptcy court can't force the city of Detroit to sell part or all of the Detroit Institute of Arts art collection, but EM rules raise another set of legal possibilities."

Penalties for politicians

Penalties for politicians: Column:
"We entrust an inordinate amount of power to people who don't feel any pain when we fall down."

Monday, May 27, 2013

To the Horror of Global Warming Alarmists, Global Cooling Is Here - Forbes

To the Horror of Global Warming Alarmists, Global Cooling Is Here - Forbes:
"Britain’s Met Office, an international cheerleading headquarters for global warming hysteria, did concede last December that there would be no further warming at least through 2017, which would make 20 years with no global warming. 
That reflects grudging recognition of the newly developing trends.
But that reflects as well growing divergence between the reality of real world temperatures and the projections of the climate models at the foundation of the global warming alarmism of the UN’s Intergovernmental Panel on Climate Change (IPCC).
Since those models have never been validated, they are not science at this point, but just made up fantasies.
That is why, “In the 12 years to 2011, 11 out of 12 [global temperature]forecasts [of the Met Office] were too high — and… none were colder than [resulted],” as BBC climate correspondent Paul Hudson wrote in January."

Slowing the aging process using only antibiotics

Slowing the aging process using only antibiotics | KurzweilAI:
"Why is it that within a homogeneous population of the same species, some individuals live three times as long as others?"

Electric cars and plug-in hybrids are a fail

Electric cars and plug-in hybrids are a fail | ZDNet:
" GM's Volt and Nissan's Leaf sales are pathetic. Fisker is going to be issued its last rites, A123 and CODA are going bankrupt, and Israel is now sitting shiva for a Better Place. Why are electric cars and plug-in hybrids failing so miserably?"

Fired for word: 'Negro' in Spanish class

Fired for word: 'Negro' in Spanish class - Yahoo! News

The Akron Public Schools Board of Education voted in January to pursue the firing of Melissa Cairns. She was a math teacher at Buchtel Community Learning Center.
The school district said that Ms. Cairns posted a photo on her personal Facebook page which showed 8 or 9 out of her 16 students with duct tape across their mouths. The caption read: "Finally found a way to get them to be quiet!!!" The district says a colleague of Cairns' notified a supervisor of the photo.
On the face of it, this sounds outrageous. But what's the context?
Cairn, a teacher for 10 years, says she gave a girl a roll of duct tape to fix her binder, but the student cut a piece of tape, placed it over her mouth and laughed.
"The other kids in the class thought it was funny also, and they proceeded to pass the tape and scissors around the class. The students, the majority of the class, ended up putting a piece of duct tape across their mouth," Cairns explained.

Friday, May 24, 2013

IRS Tea Party Intimidation An Echo Of Raids On Gibson Guitar

IRS Tea Party Intimidation An Echo Of Raids On Gibson Guitar - Investors.com:
"Interestingly, one of Gibson's leading competitors is C.F. Martin & Co. According to C.F. Martin's catalog, several of their guitars contain "East Indian Rosewood," which is the exact same wood in at least 10 of Gibson's guitars. So why were they not also raided and their inventory of foreign wood seized?

Grossly underreported at the time was the fact that Gibson's chief executive, Henry Juszkiewicz, contributed to Republican politicians. Recent donations have included $2,000 to Rep. Marsha Blackburn, R-Tenn., and $1,500 to Sen. Lamar Alexander, R-Tenn.

By contrast, Chris Martin IV, the Martin & Co. CEO, is a long-time Democratic supporter, with $35,400 in contributions to Democratic candidates and the Democratic National Committee over the past couple of election cycles."

At least one Milwaukee mom won’t be sending her child to school on ‘Switch It Up Day’

At least one Milwaukee mom won’t be sending her child to school on ‘Switch It Up Day’ - EAGnews.org :: Education Research, Reporting, Analysis and Commentary:
"Deidri Hernandez’s seven-year-old son won’t be in school today, after officials at Tippecanoe School for the Arts and Humanities confirmed they’re still holding “Switch It Up Day” – a time for students to come dressed as members of the opposite sex."

Bill would let Michigan install red-light cameras

Bill would let Michigan install red-light cameras | The Detroit News | detroitnews.com:
"Michigan's local governments would have the option to put cameras at intersections to spot drivers running red lights under proposed legislation in the state House.
A measure recently introduced by Republican Rep. Wayne Schmidt of Traverse City would give local communities the power to put cameras in place."

Bernanke out by August, QE ends, rates up: Crash

Bernanke out by August, QE ends, rates up: Crash - Paul B. Farrell - MarketWatch:
"The Fed “won’t be able to keep a lid on interest rates forever.” So “large money managers such as BlackRock, TCW Group and Pimco are getting ready for the day when rates take their first turn higher. It isn’t coming anytime soon, these investors say. But when it does, they worry, the ascent will be swift and steep.”

Get defensive now, start preparing for a crash ... later is too late

Get it? Rates will go up. Way up. Very fast. 
And America’s 95 million Main Street investors will be unprepared. Markets will crash. Like 1994’s 24% bond crash after Fed rate increases, notes Wirz.

The big players say the crash “won’t happen soon.” Don’t believe them. They’re betting with trillions. And they are hedging their bets, already preparing for “when rates take their first turn higher,” because rates will soar “swift and steep,” and when that happens it will be too late to prepare."

BBC political editor Nick Robinson's extraordinary apology after backlash against 'Muslim appearance' comment about Woolwich killers

BBC political editor Nick Robinson's extraordinary apology after backlash against 'Muslim appearance' comment about Woolwich killers | Mail Online:
"The BBC's political editor has apologised for directly quoting a Whitehall source who described the Woolwich killers as being 'of Muslim appearance'.
Nick Robinson said he was sorry for using the phrase, which 'was both liable to be misinterpreted and to cause offence', during the BBC News at Six broadcast yesterday."

I-5 bridge collapses over Skagit River; possibly triggered by truck

I-5 bridge collapses over Skagit River; possibly triggered by truck | The Today File | Seattle Times:
"The bridge, built in 1955, has a sufficiency rating of 57.4 out of 100, according to federal records. That is well below the statewide average rating of 80, according to an Associated Press analysis of federal data, but 759 bridges in the state have a lower sufficiency score."

Thursday, May 23, 2013

London, a Deeper Horror Than We Might Think

London, a Deeper Horror Than We Might Think - Simon Conway - Page 1
And I know in my heart that if you transplanted that atrocious scene on a London street yesterday, to an American street today, then the outcome would have been entirely different. People, as they did in Boston, would run TOWARDS the danger.
So what happened yesterday? What could possess a crowd to watch two men with knives and machetes hack to death another human being? And why was the only reaction to pull out phones and shoot pictures and video? How could these people then wait 20 minutes for the police to show up without any attempt to take down these terrorists?
It took most of the day for me to reach my conclusion, but I have arrived at something that is really quite uncomfortable - more so because we here in the United States are currently headed down the same path. We might be 10 or 15 or even 20 years away, but unless we change direction then we too will simply record an event and do nothing to try and save another human being.
What am I talking about? Some of you might call it socialism, but whatever label you give it, Britain is now a country that is completely dependent on government. Government will take care of me; government knows best; government has my best interests at heart; government will be here in 20 minutes to deal with these terrorists.