The world is drowning in debt, warns Goldman Sachs

The world is drowning in debt, warns Goldman Sachs - Telegraph:
"The world is sinking under too much debt and an ageing global population means countries' debt piles are in danger of growing out of control, the European chief executive of Goldman Sachs Asset Management has warned.
Andrew Wilson, head of Europe, Middle East and Africa (EMEA), said growing debt piles around the world posed one of the biggest threats to the global economy.

"There is too much debt and this represents a risk to economies. Consequently, there is a clear need to generate growth to work that debt off but, as demographics change, new ways of thinking at a policy level are required to do this," he said.

"The demographics in most major economies – including the US, in Europe and Japan - are a major issue – and present us with the question of how we are going to pay down the huge debt burden.
With life expectancy increasing rapidly, we no longer have the young, working populations required to sustain a debt-driven economic model in the same way as we've managed to do in the past."
Mr Wilson used Japan, where gross government debt has climbed above 200pc of gross domestic product (GDP), as an example of where the ageing population could demographics were working against them.
"[This] is evidently not sustainable over the long term," he said...

‘Vindication’ for Parents Whose Children Were Taken Into Custody for Walking, Playing Alone | Video | TheBlaze.com

‘Vindication’ for Parents Whose Children Were Taken Into Custody for Walking, Playing Alone | Video | TheBlaze.com:

"So-called “free-range” parents in Maryland, whose children have been taken to protective services a couple of times as they were allowed to do things like walk home alone and play at a local park without parental supervision, were cleared in one case."

SHOCKER: Fat Models Complain That Too Many Are White

SHOCKER: Fat Models Complain That Too Many Are White
Apparently there is a “plus size revolution” in modeling, giving overweight women the role models in fashion they’ve all be looking for. You’d think, hearing this exciting news, that bountiful beauties everywhere would be rejoicing.

Not so, according to an OpEd on CNN… because too many of them are white.

But I was disappointed when I looked at the models featured inside the magazine as members of “The Plus-Size Revolution.” At first glance there appeared to be no women of color among the four women featured. (Further research revealed that model Denise Bidot is Puerto Rican and Kuwaiti.)

There is no industry more vapid and judgmental than the fashion industry. By definition, it’s discriminatory. It’s the way the people in charge – generally gay, liberal men – want it. If the images of rotund ladies sold clothing, magazines wouldn’t have to be shamed shamed into putting them there. And of course now that the fashion industry has given the world (that didn’t ask for it) fat models, other chubby chicks are complaining that they aren’t the right fat models.

History for May 28

History for May 28 - On-This-Day.com
Dr. Joseph Ignace Guillotine 1738 - Physician, he did not invent the guillotine even though he did propose the use of a mechanical device to carry out death sentences in France, Jim Thorpe 1888 - Olympic athlete, baseball and basketball player 


Ian Fleming 1908 - Author, journalist, created character of James Bond, Gladys Knight 1944 - Singer, Rudolph Giuliani 1944 - Mayor of New York City 


John Fogerty 1945 - Musician (Creedence Clearwater Revival), Larry Gatlin 1948 - Musician (Gatlin Brothers), Elisabeth Hasselbeck 1977 - Television host ("The View") 


1533 - England's Archbishop declared the marriage of King Henry VIII to Anne Boleyn valid. 


1805 - Napoleon was crowned in Milan, Italy. 


1863 - The first black regiment left Boston to fight in the U.S. Civil War. 


1928 - Chrysler Corporation merged with Dodge Brothers, Inc. 


1934 - The Dionne quintuplets were born near Callender, Ontario, to Olivia and Elzire Dionne. The babies were the first quintuplets to survive infancy. 


1957 - National League club owners voted to allow the Brooklyn Dodgers to move to Los Angeles and that the New York Giants could move to San Francisco. 


1987 - Mathias Rust, a 19-year-old West German pilot, landed a private plane in Moscow's Red Square after evading Soviet air defenses. He was released August 3, 1988. 


1996 - U.S. President Clinton's former business partners in the Whitewater land deal were convicted of fraud. 


1998 - Pakistan matched India with five nuclear test blasts. The U.S., Japan and other nations imposed economic sanctions. Pakistani Prime Minister Nawaz Sharif said "Today, we have settled the score with India." 


1999 - In Milan, Italy, Leonardo de Vinci's "The Last Supper" was put back on display after more than 20 years of restoration work.

LIBERTY REVIEW

LIBERTY REVIEW:

http://www.libertyreview76.blogspot.com/2015/05/have-you-had-enough-by-tammy-derouin-i.html

Have You Had Enough?

By Tammy Derouin

I read the book, “The Snow Angel” several years ago.  It asked a question, which has stuck with me over the years.  Have you had enough?  The book dealt with coming to the realization that all wasn’t well in your life.  By the time I came across this book, I had already answered the question for myself.  Yes, I had had enough and it was time to regain control.

Control is a word which carries both positive and negative meanings.  We want to believe we are in control of our life, despite mounds of evidence weighing us down.  The thing about control is that you don’t realize how much of it you have lost until you have lost it all. Once it’s gone, you begin to retrace your steps in an attempt to discover the extent of the damage and how it will affect your future.  Are you going to ignore reality or are you going to do everything you can to right the situation?

It’s human nature to want to be in control.  It’s also human nature to want to have as much control as possible.  We can look at our individual history and our world history for definitive examples.....

Former Active-Duty Marine’s Simple Request Reportedly Results in College Labeling Him a ‘Threat’ | TheBlaze.com

Former Active-Duty Marine’s Simple Request Reportedly Results in College Labeling Him a ‘Threat’ | TheBlaze.com:

"Former active-duty U.S. Marine Jeremy Rawls, who has reportedly been diagnosed with combat-related post-traumatic stress disorder, recently requested a new counselor at Mississippi College — and it caused the school to allegedly suspend him and deem him a “threat” to his peers."

Memo to Reformers: Detroit Public Schools Receives 42 Percent More Money Per Pupil Than State Average [Michigan Capitol Confidential]

Memo to Reformers: Detroit Public Schools Receives 42 Percent More Money Per Pupil Than State Average [Michigan Capitol Confidential]

Karen D. Twomey, a member of the Ferndale Public Schools Board of Education and a teacher in Bloomfield Hills Schools, and Thomas Pedroni, an associate professor at Wayne State University, make their own pitch on how to fix Detroit Public Schools in a recent guest article for the Detroit Free Press.

Among the recommendations, they say the state should “invest in teaching staffing” and say “what little funding the district retains” is steered from the classroom to administrators.

ForTheRecord says: Detroit Public Schools in 2013-14 spent 25 percent more than the state average on instructional salaries and benefits. DPS spent $6,403 per pupil on instructional salaries and benefits, which the state describes as “the total classroom instructional salary and fringe benefit costs for classroom instructional personnel.” The statewide average is $5,140, according to the Michigan Department of Education’s Bulletin 1014.

Detroit Public Schools' general fund, which is used to pay for daily operations such as teachers’ salaries, received $12,931 per pupil in 2013-14, the most recent year data is available. That figure includes local, state and federal funding. That’s $3,810 more per pupil than the statewide average of $9,121, or 42 percent higher.

Liberal Rag Salon Says Our Troops Are Dangerous Because They Spend Money That Could Go to Welfare | John Hawkins' Right Wing News

Liberal Rag Salon Says Our Troops Are Dangerous Because They Spend Money That Could Go to Welfare | John Hawkins' Right Wing News:

"Before we even get to the stupidity that is this Salon.com article, we should note that spending on the military is one of the few expenditures that is actually legal because it is written right into the U.S. Constitution.

Along with welfare, which is decidedly not in the Constitution, little of the spending that goes on in Washington is actually Constitutional. In contrast spending on the military is one of the few things that the founders made sure to specify.

But let’s give these dolts at Salon their say. Here is their argument of why “The U.S. military is a national security threat.”

This is how they "think". Safe-space means "no whites allowed"-----Ethnic Minorities Deserve Safe Spaces Without White People

Ethnic Minorities Deserve Safe Spaces Without White People | Aeman Ansari:
Last week The Ryersonian reported on an incident that involved two first-year journalism students who were turned away from an event organized by Racialized Students' Collective because they are white.
...2) Marginalized groups have a right to claim spaces in the public realm where they can share stories about the discrimination they have faced without judgment and intrusion from anyone else.

I am a person of colour and a journalist and so there are two conflicting voices inside my head.
But in this case one voice, that of a person of colour, is louder and my conscience does not allow me to be impartial.
I have to take a side.

The organizers of the event, the Racialized Students' Collective, should have done a better job of labelling this event as a safe space on the Ryerson Students' Union online calendar.
They should label safe spaces clearly and maybe even host events that educate the public on what they mean. 
Doing so will help the public and the media have a better understanding of the purpose and value of these spaces.

However, the point to note is not that two white students were asked to leave the event, but rather that this was a safe space and that we as a newsroom, as a campus and as a society are not as knowledgeable as we should be about what these spaces mean...
...These spaces, which are forums where minority groups are protected from mainstream stereotypes and marginalization, are crucial to resistance of oppression and we, as a school and as a society, need to respect them.
...Racialized people experience systemic discrimination on a daily basis, on many levels, and in ways that white people may never encounter. 
The whole point of these safe spaces is to remove that power dynamic. 
That's partly what makes them spaces for healing.
Read it all and understand the evil and idiocy that festers in our American university system.

White House Slams Court for Immigration Ruling: Judges ‘Chose to Misinterpret the Facts and the Law’ | TheBlaze.com

White House Slams Court for Immigration Ruling: Judges ‘Chose to Misinterpret the Facts and the Law’ | TheBlaze.com:

"The White House responded harshly Tuesday to a ruling by the U.S. Fifth Circuit Court of Appeals upholding the injunction against parts of President Barack Obama’s executive immigration actions.

“Today, two judges of the Fifth Circuit chose to misinterpret the facts and the law in denying the government’s request for a stay,” White House spokeswoman Brandi Hoffine told TheBlaze."

New Orleans Police Officer Ambushed and Killed Sitting in His Police Cruiser | John Hawkins' Right Wing News

New Orleans Police Officer Ambushed and Killed Sitting in His Police Cruiser | John Hawkins' Right Wing News:

"The 45-year-old Housing Authority of New Orleans (HANO) officer was patrolling a construction site just blocks from the New Orleans Saints’ stadium when he was fatally shot, according to a statement from the New Orleans Police Department.

Police were called to the scene at 7:10 a.m., and found the officer in his marked patrol car, which had rolled forward and hit a curb, according to the statement.

No arrests had been made in connection with the shooting, and police had not identified any suspects, New Orleans Police Department spokesman Garry Flot told NBC News on Sunday afternoon. The murder was under investigation, he said."

Seven people shot in parking lot outside Flint high school

Seven people shot in parking lot outside Flint high school | MLive.com:
"FLINT, MI – Seven people were shot following Sunday, May 24, in the parking lot of Flint Southwestern Classical Academy, leaving two of the victims in critical condition.
Flint Police Lieutenant Devon Bernritter said a group gathered shortly after 2 a.m. in the parking lot of the school off 12th Street, and "there was some degree of an altercation which led to shots being fired" and several people shot.
Two of the victims were listed in critical condition at a local hospital, Bernritter said, following what he labeled a "social gathering" during which the shooting took place.
Given the time off the incident, Bernritter said, "We don't have any reason to believe that the people that were here are in any way, shape or form related to the school.
The school obviously had no formal events going on at 2:15 in the morning...."

Trouble in the Skies

Trouble in the Skies | Fox Business:
"FOX Business' "Trouble in the Skies," a six month investigation of the FAA’s new hiring practices, uncovered changes that may put the nation’s flying public at risk as well as allegations that the newest air traffic control recruits had access to answers on a key test that helped them gain jobs with the FAA.  
Lawmakers are taking notice, in a statement to FOX Business Correspondent Adam Shapiro U.S. Rep. Randy Hultgren (IL) said. “The latest report elevates the need to dig deeper to find out what the FAA is hiding. 
What is clear is that the FAA’s lack of transparency and disturbing agenda puts the safety of our skies at risk. I repeat: it’s time to compel the FAA to come before Congress to answer for their actions.”
Also uncovered was an FAA effort to promote diversity that discarded 3000 qualified college graduates with degrees in air traffic control despite their following FAA procedure and obtaining FAA accredited degrees....
Millions of Americans are about to fly to summer vacations unaware that some of the air traffic controllers guiding their planes may have cheated on a key test to get their jobs.
A six month investigation by the FOX Business Network into the hiring and training of air traffic controllers raises troubling questions about the nation’s air safety and the men and women the Federal Aviation Administration, FAA, hires to staff airport control towers.
It takes several years of study to acquire the complex skills necessary to become an air traffic controller, or ATC.
It’s considered among the highest pressured jobs in America.
The path for new ATC recruits begins with questions like this, “The number of different high school sports I participated in was A) 4 or more… B) 3…  C) 2…  D) 1…  E) Didn’t play sports.”
It was on the Federal Aviation Administration’s 2014 new and controversial exam called the Biographical Questionnaire or BQ.
The FAA says it created the BQ to promote diversity among its work force. 
All air traffic control applicants are required to take it.
Those who pass are deemed eligible and those who fail are ruled ineligible.

Public Utilities: A Tax Hidden In Plain Sight

Public Utilities: A Tax Hidden In Plain Sight | Somewhat Reasonable
...This drain on the economy is made far worse given every business and household is directly and indirectly impacted by the seemingly never-ending rise in utility prices (plus poor quality, and lack of innovation). 
The state and federal regulation of these ‘so called’ natural monopolies (very worryingly, now including the Internet) in fact virtually ‘locks in’ such an upward trajectory. 
Thus, it is in reality a tax hidden in plain sight.

The reason this system of regulation is akin to a tax, is that unlike most other forms of regulation, it regularly produces readily identifiable impacts in the form of the regulated prices that have to be paid directly or indirectly by every business and household in the country. 
These ‘pseudo-taxes’ are almost always on the rise like real taxes (as per the diagram below), and also like the latter include all of the predictable inefficiencies associated with government central planning (ie the government regulators) and government protected cronyism (ie the utilities themselves).

It has thus been largely taken for granted for well over a century that these natural monopoly markets fail and thus should continue to be directly and indirectly regulated as well as sometimes continue to be government owned … despite the fact that therefore prices always go up, quality always goes down, and innovation is completely lacking..."

Secret Plan to Pay Media for Favorable Coverage of Radical UN Agenda 21 ‘Sustainable Development’ Policy | John Hawkins' Right Wing News

Secret Plan to Pay Media for Favorable Coverage of Radical UN Agenda 21 ‘Sustainable Development’ Policy | John Hawkins' Right Wing News:

"Super rich busybody Ted Turner, his UN-pushing organization, and several other groups have been quietly “training” members of the “media” to write favorable stories about the United Nations’ disastrous “Agenda 21″ policy, a plan meant to further the socialist goals of limiting economic growth and promoting “sustainable development.”

Venezuela Circles the Drain

Venezuela Circles the Drain | Power Line
We have chronicled the accelerating decline of Venezuela’s economy under its narco-socialist rulers. When a country can neither produce nor buy toilet paper, you know the end is approaching. 
Now, Venezuela’s international reserves are disappearing, as its currency implodes. 
Dimitra DeFotis reports at Barron’s:

Russ Dallen, who contributes to a newsletter for investors, and writes about Latin America, writes today that “Venezuela’s situation continues to unravel at increasing speed as the bolivar tumbled 30% over just the last week, while the country’s international reserves simultaneously hit a new 12-year low, closing at $17.5 billion.” He says the weak currency and decline in reserves means the country is “essentially running on fumes...” 

Venezuela’s regime is long past eating its seed corn; now it’s selling the furniture. 
Will Maduro’s government default on the country’s debt, some of which carries 30% interest?Moody’s rates Venezuelan debt as “speculative and subject to very high credit risk.”

...The IMF is helping to keep Venezuela’s economy afloat, and if oil prices rise, the Maduro regime might be able to buy a little more time. 
But the end game is obvious: economic collapse.

Gag Us with a Spoon: Hillary Selling "Pantsuit T-Shirts" and "Future Voter" Baby Onesies to Finance Campaign

Gag Us with a Spoon: Hillary Selling "Pantsuit T-Shirts" and "Future Voter" Baby Onesies to Finance Campaign | The Daily Sheeple
Statist propaganda outlet TIME magazine, which is so blatantly biased for Hillary Clinton that it has featured her on the cover more than any other woman on the planet (literally at least 20 times by now) and once recently referred to her as a “Washington outsider” with a straight face has a whole article up right now dedicated to this:

Hillary is selling a “pantsuit” t-shirt to finance her campaign (by the way, where did the $25 million in speaking fees go?).

The TIME article begins with “Cheeky, chic, youth-oriented, red pantsuit t-shirt. These are words that describe the items in Hillary Clinton’s brand-new presidential campaign store—and the tone that Clinton wants to set in the race.”

Hillary’s presidential race “tone” is “cheeky, chic, youth-oriented”…???
The back of the shirt says “Pantsuit Up.”
GAG.

(It’s the Hillary pantsuit rainbow!)

Now everyone can dress just like Hillary… although why any woman would willingly choose to pay to do this to herself is a pitiable mystery, much like that guy who apparently chose to get a Hello Kitty tattoo on his forehead, or actually paying $30 for a kick me sign to put on your own back instead of having cliché junior high bullies do it for you.

Then again, one of Hillary’s secret email addresses was mau_suit@clintonemail.com.

Other items include a pint glass with the words “made from 100% shattered glass ceiling” and a “canvass canvas” bag."

History for May 27

History for May 27 - On-This-Day.com:
Cornelius Vanderbilt 1794 - Entrepreneur (shipping and railroads), Julia Ward Howe 1819 - Abolitionist, social activist, poet ("The Battle Hymn of the Republic"), Wild Bill Hickok 1837 - gunfighter, scout, lawman 


Rachel Carson (Rachel Louise Carson) 1907 - Marine biologist, nature writer, Vincent Price 1911 - Actor, Hubert H. Humphrey (Hubert Horatio Humphrey, Jr.) 1911 - Served as Vice President under Lyndon B. Johnson 


Herman Wouk 1915 - Author, Henry Kissinger 1923 - Former U.S. Secretary of State, Ramsey Lewis 1935 - Musician, composer, radio personality 


1647 - Alse Young (Achsah Young or Alice Young), a resident of Windsor, CT, was executed for being a "witch." It was the first recorded American execution of a "witch." 


1933 - Walt Disney's "Three Little Pigs" was first released. 
Disney movies, music and books 


1933 - In the U.S., the Federal Securities Act was signed. The act required the registration of securities with the Federal Trade Commission. 


1941 - The German battleship Bismarck was sunk by British naval and air forces. 2,300 people were killed. 


1942 - German General Erwin Rommel began a major offensive in Libya with his Afrika Korps. 


1964 - Indian Prime Minister Jawaharla Nehru died. 


1969 - Construction of Walt Disney World began in Florida. 


1994 - Nobel Prize-winning author Alexander Solzhenitsyn returned to Russia. He had been in exile for two decades. 


1995 - In Charlottesville, VA, Christopher Reeve was paralyzed after being thrown from his horse during a jumping event. 


1997 - The U.S. Supreme Court ruled that the sexual harassment suit filed by Paula Jones could continue while President Clinton was in office.