THE BEGINNING OF THE END – CIVIL WAR IS NOT A REMOTE POSSIBILITY IT IS A PROBABILITY

The Supreme Court cowards who have the audacity to make law will soon feel the noose of public opinion. To have six liberal justices rewrite the letter of the law violating the Constitution by subjugating the independence of States rights.. The time for revolt has come. Click here of the Hannity interview of Ted Cruz.

THE ISIS TET OFFENSIVE

ISIS celebrates their forth of July with a bang; welcoming in Ramadan ISIS commanded their ruthless suicide bombers in three continents to carry on the work of Mohammad;  ISLAM is a religion of peace. You are either subjugated or killed.

In France, where else would the beheading be more appropriate – France was once known for the severing of heads by the guillotine. ISIS is on a roll, nothing is in the way as their assault on innocents continues. Not bowing to their commands means certain death. Their recruitment of malcontents continues. Targeting future jihadists in the Muslim communities is facile.

Out of work and leading a life of misery many miscreants (blaming others for their lot in life)  want to make a name for themselves and what better way than being a martyr. Living is a death sentence where martyrdom is the promise of ever lasting life.

The Caliphate crusade threatens the western world, gobbling up parts of Syria and Iraq with an appetite for more. Sending defense establishments from the United States to Saudi Arabia into a frenzy. The question remains who will stop the force? Will the righteous make a stand? The current violence pervades the minds of worthless wanna bees. European countries have been inundated with Muslims fleeing the death squads in their own countries only to force local communities to bow their heads to the new comers. Soon Europe will fall to the almighty Allah. 

Click here for the new Demographic; a most shocking video.

POLYGAMY IS THE NEXT FRONTIER

Men can marry men, women can marry women so says the Supremes; what will stop men from having 50 wives or women having 50 husbands? The LGBT life style has been condoned by the court in a 5-4 decision. Based on the rout there is nothing standing in the way of multiple  spouses. To even go to the extreme, imagine a man having five female spouses and five male spouses or vice versa; who will stop this? POLYGAMY is the next frontier.

San Francisco’s Castro Street was beaming with joy as they celebrated well into the night. Congratulations to them for paving the way to the many polygamists living in Utah and elsewhere. The Church of the Latter Day Saints (LDS) founder Brigham Young was said to endorse the practice of plural wives. And in 1831 Joseph Smith endorsed it as well. The acceptance of Utah into the Union was predicated on the elimination of the practice. From Wikipedia an explanation of the Morrill Act which outlawed the taking of multiple wives.

 

The Family of Joseph F. Smith

A Mormon family with multiple wives

TRUMP THIS

Republicans have been blindsided by “The Donald“, coming out of the bush, mounting a serious challenge to the Republican dogs who are licking their wounds. What does this tell you? It tells the Republican “also rans” that America is sick and tired of their day in and day out bull…t. Capturing both houses in 2014 they have not put on the gloves, but have bowed to the anointed one.

Committee meetings, TV appearances are all for show, newspaper interviews, all a bunch hogwash.  Lois Lerner has not been arrested, Hillary Clinton, a congenital liar, dishes out a verbal contamination of pure unadulterated s…. And “We the People” have had it. Every single day there is another news story about corruption, money missing, emails erased; it goes on and on.

Who the hell are these people working for anyway? As we said before, we need a President who does not pander to the crowds, does not lick the tail of foreign dictators, who stands with friends, who will jail the guilty and see to it that government works for the people instead of the people working for the government. Donald Trump is our man.

Adding insult to injury, ten Republicans voted for Loretta Lynch as attorney general, they are Kelly Ayotte, Ron Johnson, Mark Kirk, Rob Portman, Thad Cochran, Susan Collins, Jeff Flake, Lindsey Graham, Orrin Hatch and Mitch McConnell. That in itself is prima facie evidence of a corrupt government, one that needs to be dissolved before it can do more damage.

“REVOLUTION IS THE ONLY SOLUTION.” VOTE TRUMP

HILLARY – TRYING TO EVADE THE ICEBERGS HEADED HER WAY

Hillary is running on fumes; she is old news trying to work the crowds that have seen this play too many times. There is no curtain here, just a spartan stage filled with stuffed shirts. The crowd is not enthusiastic. The main actor’s cameo long past.  Her words are old hat, her looks are wrinkled as the years have eaten away the little collagen that remains. Botox maybe an alternative, but this would be seen as a vain attempt at Tom Foolery. Other actors are waiting in the wings watching her every move. So far she has not broken a leg, but has twisted and turned exposing her weakness to the liberal flank.

What was supposed to be a joy ride to an invincible campaign has now run amok, just as it did in 2008 when she was trampled by a first term unknown. Now HRC is up against the communist senator from the Green Mountain State of Vermont – a transplant from Brooklyn, NY, Bernie Sanders has attracted SRO crowds to the dismay of Clinton’s soldiers. The phalanx that was to surround Clinton has not yet positioned itself, hence she is vulnerable to the onslaught arrows that have penetrated her thick skin. Bernie Sanders 2016 Sticker (oval)

The latest poll reveals  what we already know, that Hillary is not a likable person. She has a favorability rating of only 45%. This is worrisome to mainstream Democrats who count on her carrying the water for the many Senators up for reelection. From our perspective, despite the campaign’s second roll-out, the Hillary mo is reminiscent of another event – the sinking of the Titanic; they said it wasn’t sinkable.

The HRC run for the White House made this prognostication one year ago, IT IS A DONE DEAL, but that was then, now is now. Icebergs such as Benghazi, disappearing emails, the Clinton Foundation, Elizabeth Warren, “what difference does it make” comments may come back to sink the Hillary ship that seem to have clear sailing 12 months ago, LIES BECOME ICEBERGS and THEY DO SINK SHIPS!

ETHANOL SUBSIDIES – WELFARE TO THE WEALTHY

As the Iowa primaries begin to put the focus on the front runners, the question arises, who are the pandering politicians who will continue the ruse on America.  See below for the ethanol scam perpetuated by lying bought off politicians who don’t give a good God Damn about you. They are bought, time is now to out them. By the way Ted Cruz against ethanol subsidies.

The corn ethanol industry has received more than its fair share of subsidies over the past 30 years. Through federal tax credits, loan guarantees, grants and other subsidies, billions of taxpayer dollars have been squandered on an industry that relentlessly seeks additional special interest carve-outs. A nearly identical tax credit to the one proposed by the president – the “Alternative Fuel Vehicle Refueling Property Credit” – has been available to gasoline stations dispensing 85 percent ethanol.

It expired last year but has a history of being renewed in “tax extenders” packages. A federal Renewable Fuel Standard also mandates the use of 15 billion gallons of corn ethanol by 2015. While the biofuels industry as a whole was intended to help achieve American energy independence, reduce greenhouse gas emissions, and spur rural economic development, the corn ethanol industry has fallen short of achieving these goals while spurring numerous unintended consequences and long-term liabilities that have resulted in more harm than good.

So it was great news that the (otherwise terrible) 2014 farm bill (officially the Agricultural Act of 2014) prevents the mature corn ethanol industry from receiving subsidies to purchase pumps dispensing higher blends of corn ethanol.

Now for the bad news. Less than a month after signing the farm bill into law, the president proposed new subsidies for ethanol blender pumps in his FY 2015 budget proposal. The overall budget was released last Tuesday, with detailed back up documents following in the last few days. Buried on page 158 of the “Analytical Perspectives” document, released Monday, is up to $200 million in new advanced energy manufacturing tax credits for the “construction of infrastructure that contributes to networks of refueling stations that serve alternative fuels,” or in other words, more subsidies for corn ethanol blender pumps and other alternative fuel infrastructure projects. Such is the power of the corn ethanol lobby.

FROM THE WALL STREET JOURNAL

Mark down May 29 as the date when the last tether connecting ethanol subsidies to reality came unhitched, and the fuel made from corn and tax dollars achieved a kind of postmodern perfection. On the same day the Obama Administration conceded that the U.S. auto fleet cannot practically consume enough ethanol to fulfill Congress’s quotas, it announced a new program so motorists can consume more ethanol.

In other words, the point of the subsidy is the subsidy, and therefore the U.S. must subsidize ethanol because the U.S. already subsidizes ethanol. Once in place, such self-referential mandates appear to be eternal.

The 2007 energy bill’s renewable fuel standard requires certain annual volumes of ethanol to be bootlegged into the U.S. gasoline supply, but for years the mandate has crashed into the “blend wall.” Ethanol is corrosive, and gallons of conventional gas with concentrations of the stuff higher than 10% damage the engines and fuel systems of most of the cars and trucks on the road today.

The problem is that Americans aren’t guzzling enough gallons to achieve Congress’s mandates at E-10—that is, 10% ethanol, 90% gas. Either we need to drive more in less fuel-efficient cars, consuming more overall. Or the concentration of ethanol in a given gallon needs to rise, risking accidents, breakdowns and valve, pump, cylinder and injector replacements rarely covered by consumer warranties. For model years 2001 through 2011, no car makers allow blends above E-10, and a little fewer than half say it is safe to fill up with E-15 for the last two model years.

To avoid filling this ethanol junkyard but also to avoid displeasing the corn lobby, the Environmental Protection Agency simply refused to finalize the quotas for 2014 and 2015. So the EPA has finally admitted in a regulation that “due to constraints in the fuel market to accommodate increasing volumes of ethanol, along with limits on the availability of non-ethanol renewable fuels,” the volume targets “cannot be achieved.”

The EPA thus proposed quotas that are 3.75 billion gallons below the statutory minimums for 2014, 2015 and 2016. Renewable Fuels

LET’S GET THIS STRAIGHT – GREECE IS A DEADBEAT

D Day is coming on Monday, a day that will live in infamy; the day Greek banks close their doors. 

A classic quote, “There was a general sense of euphoria — you could get a job with the government, real estate prices kept going up,” said Vourloumis, who has run banks and telecommunications companies and battled unions along the way. “And then, with the European debt crisis, the whole thing was revealed — our economy was built on protectionism, on borrowed money.”

A typical duo income family has on average $75,000 gross income; not a whole lot of money in today’s fast paced world. Demands come from all angles, cable, cell phones, vacations, automobiles, more vacations, gambling, Christmas presents, birthday presents- constantly bombarded by the marketing folks on Madison Avenue enticing you to spend more and more.

Putting aside the daily responsibilities of food, mortgage payments, utility bills, insurance, clothing, taxes, education costs and the numerous necessities that eat away the take home cash is a challenge. It’s tough out there, to alleviate the pressure without a visit or two to the psychiatrist a simple remedy is the plastic – a  trip to the casino or vacation is all it takes to clear the head of today’s mundane daily responsibilities and the constant pressure that jolts your scull 24-7.  But family fun always come first. And that is where the banks come in, willing to lend on the good name of John and Jane Q who are a swipe away of incurring a mountain of debt.

An extra thousand on the card starts the ball rolling? But before long those swipes add up – and reality begins to set in when a mountain of debt is staring you in the face. “We want our money now” says the bank.  Bill collectors sing the chorus over the phone, pay up or we will beat you up. Bankruptcy is at hand, everything is gone as your life flashed in front of you.  That is how the Greeks feel right now.

We bring this happy tale to remind the responsible people in the world of what Greeks actually did; they ran up debts on their credit cards using other people’s money, now is the time to pay and they say, “wait a minute, you are humiliating us – we are not dead beats.

Pardon us for being rude, but a couple of centuries ago, a debtor was sent to debtor’s prison. Greece should be punished just the same. Greece, with a population of eleven million and location in the envious blue waters of the Ionian and Aegean Sea, blue skies and turquoise waves abound. The seat of once was democracy Greece turned socialist in a large way. Their new prime minister Tsipras dons the cloak of Marx and Lenin. Forget meeting the terms of past agreements says he – we won’t pay, our people are not slaves, they will not bow to unreasonable demands. In other words, well we can’t say it here, but you get the gist of what he telling the EU, “go …. off.

The infamous Mike Milken, famous for selling junk bonds once said, “you can’t repossess a country.” Well now, we suggest that you can, if not a country how about an island or two. This will more than satisfy their debt and then some. So, EU it is up to you to bring it on. Send in the debt collectors with tanks and guns ablaze,  Debt reparations are the payoff – who said you can’t take land as a liquidated damage?

 

TEXAS GOES LARGE ON GOLD

 

Whether you call them visionaries or call them chuckleheads–or anything in between–you should tip your hat to the Texas legislature and Gov. Greg Abbott, who have now written fears of a fiscal Armageddon into state law.

Late last week, the Republican governor signed a bill establishing the first state-run gold depository in the nation. The Texas Gold Depository will position itself as an alternative to the U.S. government’s Fort Knox and the vault beneath the Federal Reserve Bank of New York.

When people in multiple states actually start using gold and silver… it would effectively nullify the Federal Reserve and end the federal government’s monopoly on money.
– Mises Institute
Its ostensible aim is to safeguard what its supporters say is $1 billion in state-owned gold bars once they’re retrieved from the Fed’s Manhattan vault, protecting them from seizure by outside forces, like the federal government. (More on that supposed $1 billion in a moment.) It will also hire itself out as a depository for private investors looking for a place to store their bullion, pending the collapse of civilization. in the meantime, they would be able to write checks on an account tied to their holdings.

The initiative, which was launched two years ago by a Dallas-area state legislator, has gold bugs everywhere vibrating with anticipation. These are people convinced that the Fed and other central banks are consistently “debasing” the value of money by running their printing presses; only a return to the intrinsic value of gold can preserve the economy.
“When people in multiple states actually start using gold and silver instead of Federal Reserve Notes, it would effectively nullify the Federal Reserve and end the federal government’s monopoly on money,” the right-wing, Alabama-based Mises Institute wrote on its website Monday, heralding the possible launch of “a system of gold and silver ‘certificates’ that could be traded as a type of money.”

Others “go further in blowing the secessionist dog whistle,” observes Brian Murphy of New York’s Baruch College, writing at Talking Points Memo. Among them is Geoffrey Pike of Wealth Daily, who writes that the Texas depository “is symbolic in retaining some liberty, similar to gun ownership in this country.” To be sure, Pike isn’t advising his followers to dump their gold into the Texas vault quite as yet–after all, he writes, Texas is a government too, not entirely to be trusted.

Gold
Not the best investment strategy? Since Texas officials invested in physical gold in mid-April 2011, stock market has soared and the gold price (represented here by the SPDR gold shares ETF), have slumped. (Yahoo Finance)
Radical conservatives long have cherished the idea of gold as a hedge against Armageddon. The ownership of physical gold is seen as a bulwark against such violations of individual liberty as Franklin Roosevelt’s 1933 order outlawing the hoarding of gold, part of his broader plan to take the country off the gold standard to give him more flexibility in crafting a recovery from the Great Depression.
The Texas measure reflects an outbreak of anti-Washington paranoia in the Lone Star State, which loves to picture itself as standing, well, alone. Gov. Abbott was among the politicians stoking conspiracy theories depicting the U.S. military’s Jade Helm training exercise, scheduled to start in Texas and other states this week, as a prelude to a federal takeover.

Former Gov. Rick Perry, who is again running for the GOP presidential nomination, has cited what he says is his state’s unique right to secede from the U.S., ostensibly granted as a condition of its joining the union in 1845. But historians say that right is mythical. In any case, Perry didn’t appear to have gone all the way toward advocating secession.

Texas also long has been a hive of hard-money fanatics. In 1979 and 1980 the Dallas-based brothers Nelson Bunker and William Herbert Hunt attempted to corner the silver market. Eventually they amassed one-third of all the privately held silver in the world, creating turmoil in the metals markets. But the price cracked, they wound up with a loss estimated at $1 billion, and eventually filed for bankruptcy.

It’s not unusual for financial advisors to counsel investors to keep some exposure to gold or other precious metals as a hedge against inflation, for their value tends to rise when inflation does, especially during sharp runups.

Owning physical gold, however, is another thing entirely: Bullion is expensive to store because it requires rock-solid security. It needs to be regularly assayed to establish its purity, especially if it’s moved, unless under painstaking chain-of-custody conditions.

How much gold does the state of Texas actually own, and where is it? Despite Abbott’s assertion that the depository law will “repatriate $1 billion of gold bullion from the Federal Reserve in New York to Texas,” the state doesn’t appear to own $1 billion in physical gold, and what it does own isn’t at the Federal Reserve.

The state’s holdings through the University of Texas Investment Management Co., or UTIMCO–UT’s $29-billion endowment fund–come to about $500 million or less. it’s held not at the New York Fed but a private bank vault in Manhattan. The holdings are the product of a policy created by a gold bug on the UTIMCO board, who persuaded his colleagues to convert UTIMCO’s investment in gold futures into nearly $1 billion in metal in April 2011.

Since then, the fund has cashed out of some of its gold bars; its current holdings, Murphy calculates, come to about 420,000 ounces worth about $500 million. As an investment, moreover, the gold bar ownership has been a bust since its inception; the price of gold has fallen from about $1,490 per ounce in mid-April 2011 to about $1,183 now. In the same period, the Standard & Poor’s 500 stock index has gained nearly 60%.

Keep up to date with the Economy Hub. Follow @hiltzikm on Twitter, see our Facebook page, or email [email protected].

Copyright © 2015, Los Angeles Times

STAR WARS – SCIENCE FICTION COMES TO LIFE

Star Wars Logo.svg

There is a high probability that a laser weapon will be activated in the very near future. Long awaited since the time when Ronnie Reagan promoted the Strategic Defense InitiativeSdilogo.svg. The press coined it Star Wars, but it is no longer on the drawing board.  The development phase of a satellite mounted laser ray device is in the beta phase. Currently Navy ships have surface mounted laser weapons which have been activated in targeted warfare testing with great success. The Air Force has developed air mounted laser weapons whose mission is to destroy the enemy target.  (very impressive)

So it is not out of the realm of possibility that a real time display of laser power is close at hand. Targets could be anywhere, but the best bet is in the South China Sea or the skies above the Baltic nations. Many United States jets have been strafed by Russians fighters; an act of intimidation which may provoke more than a verbal skirmish.

China has upped the ante too and we will not be surprised if an incident results in a fire fight. Also, don’t rule out Israel, very secret when it comes to advanced weapons, but we do know that their weapons capability is  highly sophisticated, many of which have not seen the light of day, but are awaiting the opportunity to show their prowess.

"Where Revolution is the Solution" Taking back the Empire