Dow Theorist Richard Russell: Sell Everything, You Won't Recognize America By The End Of The Year
"Do your friends a favor.
Tell them to 'batten down the hatches' because there's a HARD RAIN coming.
Tell them to get out of debt and sell anything they can sell (and don't need) in order to get liquid.
Tell them that Richard Russell says that by the end of this year they won't recognize the country."
Sunday, May 23, 2010
Quotes of the day
Quotes of the day
"City government was developed to serve its citizens.
Today the citizenry is working in large part to serve the government.
It is always hard to shrink government spending.
It is particularly difficult when public-sector unions have such a unique lever of pressure.We have to escape this cycle or it will crush us."
"City government was developed to serve its citizens.
Today the citizenry is working in large part to serve the government.
It is always hard to shrink government spending.
It is particularly difficult when public-sector unions have such a unique lever of pressure.We have to escape this cycle or it will crush us."
Saturday, May 22, 2010
Prosecutors lay out case in garbage cart bid rigging scheme
Prosecutors lay out case in garbage cart bid rigging scheme - chicagotribune.com
"A day after Chicago's inspector general said a Daley administration program to boost minority- and women-owned businesses in city contracts is beset with fraud, federal prosecutors laid out for a judge how they think a politically connected firm rigged a $1.7 million contract."
"A day after Chicago's inspector general said a Daley administration program to boost minority- and women-owned businesses in city contracts is beset with fraud, federal prosecutors laid out for a judge how they think a politically connected firm rigged a $1.7 million contract."
Jet-Setting Dave Matthews Wants You To Walk To Work
Jet-Setting Dave Matthews Wants You To Walk To Work
"“What I try and do is try and, with the knowledge that I have, is offset my contribution to [carbon emissions].
I think people that don’t move around as much as me can take a bike when it’s a nice day.”
You MUST watch all of this. Finally the perfect answer to, “Celebutard says what…?”
CNS reporter Nicholas Ballasy asks a simple question and what follows are three-plus minutes of what would make for a howlingly funny SNL skit if only SNL had the courage to pop their heads out of the bubble and seek to “get it” once again.
It’s probably time to move beyond howling “hypocrite” when we’re presented with revealing moments like this.
Celebrity and elitist hypocrite are now tied together as automatically as Patrick Goldstein and Polanski-supporting blacklister or Robert Rodriguez and race-hustling demagogue.
The entertainment value, however, never grows tiresome."
"“What I try and do is try and, with the knowledge that I have, is offset my contribution to [carbon emissions].
I think people that don’t move around as much as me can take a bike when it’s a nice day.”
You MUST watch all of this. Finally the perfect answer to, “Celebutard says what…?”
CNS reporter Nicholas Ballasy asks a simple question and what follows are three-plus minutes of what would make for a howlingly funny SNL skit if only SNL had the courage to pop their heads out of the bubble and seek to “get it” once again.
It’s probably time to move beyond howling “hypocrite” when we’re presented with revealing moments like this.
Celebrity and elitist hypocrite are now tied together as automatically as Patrick Goldstein and Polanski-supporting blacklister or Robert Rodriguez and race-hustling demagogue.
The entertainment value, however, never grows tiresome."
America's new culture war: Free enterprise vs. government control
America's new culture war: Free enterprise vs. government control
"In one, America will continue to be an exceptional nation organized around the principles of free enterprise -- limited government, a reliance on entrepreneurship and rewards determined by market forces.
In the other, America will move toward European-style statism grounded in expanding bureaucracies, a managed economy and large-scale income redistribution.
These visions are not reconcilable."
"In one, America will continue to be an exceptional nation organized around the principles of free enterprise -- limited government, a reliance on entrepreneurship and rewards determined by market forces.
In the other, America will move toward European-style statism grounded in expanding bureaucracies, a managed economy and large-scale income redistribution.
These visions are not reconcilable."
D.C. to begin using more-expensive Trojan condoms in HIV prevention program
D.C. to begin using more-expensive Trojan condoms in HIV prevention program
"High school students and college-age adults have been complaining to District officials that the free condoms the city has been offering are not of good enough quality and are too small and that getting them from school nurses is 'just like asking grandma or auntie.'"
"High school students and college-age adults have been complaining to District officials that the free condoms the city has been offering are not of good enough quality and are too small and that getting them from school nurses is 'just like asking grandma or auntie.'"
Williams sisters back at Nos. 1-2 at French Open
"PARIS – Serena and Venus Williams are the French Open's two top-seeded women"
Amazing!
Michigan Teacher Salary
"Michigan is fourth on our comfort scale because there are great lakes and good teacher salaries.
New teachers make an average starting salary of $35,557 and an average overall salary of $54,739.
If you enjoy natural beauty, snowy winters, and desire an affordable lifestyle, this northern state is a great place to become a teacher.
Teachers that have a Master's Degree live even better in Michigan - but you'll be comfortable with a standard teaching certificate if you don't mind a few less canoe and hunting trips or a cabin in the UP!"
No mention of hours worked or benefits and still $54,739 average pay.
But the unions tell us WE need to pay more.
Will we cut our income so the teacher's union members can have more of our money to spend?
» D.C. Metro Police Escorted SEIU Protesters to Bank Of America Executive’s Home
» D.C. Metro Police Escorted SEIU Protesters to Bank Of America Executive’s Home - Big Journalism
"The Maryland officers reported there were approximately 500 protesters on and near the front lawn of Baer’s house.
Montgomery County was not given a “heads-up” concerning the planned protest.
Although a protest permit is technically required in Montgomery County, in practice no citation is issued if the protestors disperse when requested to do so by the owner of the private property they occupy"
More video on this outrage.
"The Maryland officers reported there were approximately 500 protesters on and near the front lawn of Baer’s house.
Montgomery County was not given a “heads-up” concerning the planned protest.
Although a protest permit is technically required in Montgomery County, in practice no citation is issued if the protestors disperse when requested to do so by the owner of the private property they occupy"
More video on this outrage.
Sales tax may save schools from cuts
Sales tax may save schools from cuts-Lansing State Journal
"A rise in sales tax revenue means that Michigan school districts probably will escape budget cuts for the 2010-11 school year, state economists said Friday."
Here it comes!!!!!!!
The triple autopilot increases in teacher pay will only increase if we all pay more.
The teachers continue their early retirement, platinum benefits and $100/hr total compensation.
Yeah, we need to pay more.....
"A rise in sales tax revenue means that Michigan school districts probably will escape budget cuts for the 2010-11 school year, state economists said Friday."
Here it comes!!!!!!!
The triple autopilot increases in teacher pay will only increase if we all pay more.
The teachers continue their early retirement, platinum benefits and $100/hr total compensation.
Yeah, we need to pay more.....
Friday, May 21, 2010
The fruits of weakness
Charles Krauthammer - The fruits of weakness
"This is not just an America in decline.
This is an America in retreat -- accepting, ratifying and declaring its decline, and inviting rising powers to fill the vacuum."
Every day, in almost every way I see the signs of Germany in the 30s....amazingly without the nationalism.
The "we hate America" meme seems to resonate with a significant portion of "american" votrons in the same manner as "Germany hates the world" invigorated millions of Germans in the 1930s.
Their final solution may well be those the Obama regime "outs" as the country's "new Jews".
Once they have public anger focused on the requisite group, the purges will begin.
There is little question that the trial balloons have been tested with their willing enablers in the liberal MSM.
And the Wiemar-GOP is fighting the conservatives and the Tea Party members as much as they are fighting Obam-ism.
I will fight on but I worry.
When you are glad you have no children and are old......well, that's the sign of a government that promises a failed future that we have seen so many times in the past.
November 2, 2010 may well be the most important date for our country since 12-25-1776.
"This is not just an America in decline.
This is an America in retreat -- accepting, ratifying and declaring its decline, and inviting rising powers to fill the vacuum."
Every day, in almost every way I see the signs of Germany in the 30s....amazingly without the nationalism.
The "we hate America" meme seems to resonate with a significant portion of "american" votrons in the same manner as "Germany hates the world" invigorated millions of Germans in the 1930s.
Their final solution may well be those the Obama regime "outs" as the country's "new Jews".
Once they have public anger focused on the requisite group, the purges will begin.
There is little question that the trial balloons have been tested with their willing enablers in the liberal MSM.
And the Wiemar-GOP is fighting the conservatives and the Tea Party members as much as they are fighting Obam-ism.
I will fight on but I worry.
When you are glad you have no children and are old......well, that's the sign of a government that promises a failed future that we have seen so many times in the past.
Are You Ready For Global Cooling?
Are You Ready For Global Cooling? - IBD - Investors.com
"We see a bit of irony in an early February report that 11, 115-foot-tall wind turbines installed to provide power to 11 Minnesota towns were not functioning because they couldn't handle the record cold temperatures of a harsh winter."
"We see a bit of irony in an early February report that 11, 115-foot-tall wind turbines installed to provide power to 11 Minnesota towns were not functioning because they couldn't handle the record cold temperatures of a harsh winter."
Payback Time - Padded Pensions Add to New York’s Fiscal Woes
Payback Time - Padded Pensions Add to New York’s Fiscal Woes - NYTimes.com
"In Yonkers, more than 100 retired police officers and firefighters are collecting pensions greater than their pay when they were working.
One of the youngest, Hugo Tassone, retired at 44 with a base pay of about $74,000 a year.
His pension is now $101,333 a year."
"In Yonkers, more than 100 retired police officers and firefighters are collecting pensions greater than their pay when they were working.
One of the youngest, Hugo Tassone, retired at 44 with a base pay of about $74,000 a year.
His pension is now $101,333 a year."
32 States Have Borrowed from the Federal Government to Make Unemployment Payments; California Has Borrowed $7 Billion
EconomicPolicyJournal.com: 32 States Have Borrowed from the Federal Government to Make Unemployment Payments; California Has Borrowed $7 Billion
"The state of California has borrowed $6.9 billion.
Michigan has borrowed $3.9 billion,
Illinois $2.2 billion.
Below is the full list of the 32 states (and the Virgin Islands) that have borrowed from the Fed to make unemployment payments, and the amounts that remain borrowed as of May 20 . (Numbers in red are billions)"
"The state of California has borrowed $6.9 billion.
Michigan has borrowed $3.9 billion,
Illinois $2.2 billion.
Below is the full list of the 32 states (and the Virgin Islands) that have borrowed from the Fed to make unemployment payments, and the amounts that remain borrowed as of May 20 . (Numbers in red are billions)"
Graduation Lunacy
Graduation Lunacy - IBD - Investors.com
Some day, a Voltaire will emerge to satirize the Panglossian roster of speakers peppering U.S. university graduations in the era of the Tea Parties and multitrillion-dollar government debt, which ironically will end up dumped on the young people graduating from our schools of higher learning.
This year's speakers are big on extolling current orthodoxies instead of questioning them.
Inadvertently they reveal a lot about the state of universities, most of which are knee-deep in state funding, hostile to controlling costs and hothouses of political correctness."
Some day, a Voltaire will emerge to satirize the Panglossian roster of speakers peppering U.S. university graduations in the era of the Tea Parties and multitrillion-dollar government debt, which ironically will end up dumped on the young people graduating from our schools of higher learning.
This year's speakers are big on extolling current orthodoxies instead of questioning them.
Inadvertently they reveal a lot about the state of universities, most of which are knee-deep in state funding, hostile to controlling costs and hothouses of political correctness."
Whatever Germany does, the euro as we know it is dead
Whatever Germany does, the euro as we know it is dead - Telegraph
"This is why the euro, in its current form, is finished.
The game is up for a monetary union that was meant to bolt together work-and-save citizens in northern Europe with the party animals of Club Med.
No amount of pit props from Berlin can save the euro Mk I from collapsing under the weight of its structural dysfunctionality.
You cannot run indefinitely a single currency with one interest rate for 16 economies, when there are such huge fiscal disparities"
"This is why the euro, in its current form, is finished.
The game is up for a monetary union that was meant to bolt together work-and-save citizens in northern Europe with the party animals of Club Med.
No amount of pit props from Berlin can save the euro Mk I from collapsing under the weight of its structural dysfunctionality.
You cannot run indefinitely a single currency with one interest rate for 16 economies, when there are such huge fiscal disparities"
U.N. Internet Tax Dead - For Now
FOXNews.com - U.N. Internet Tax Dead - For Now
"“This is a ‘Do Not Pass Go. Do Not Collect $200’ resolution,” said a U.S. participant at the Assembly.
“My guess is that it will take one or two years or possibly longer.”"
"“This is a ‘Do Not Pass Go. Do Not Collect $200’ resolution,” said a U.S. participant at the Assembly.
“My guess is that it will take one or two years or possibly longer.”"
Obama's Thugocracy
FOXNews.com - Obama's Thugocracy
"From the G.M. bondholders, to the Black Panthers at polling stations, to ACORN to the mobs showing up at the homes of private citizens, Obama is running a Hugo Chavez-style thugocracy."
"From the G.M. bondholders, to the Black Panthers at polling stations, to ACORN to the mobs showing up at the homes of private citizens, Obama is running a Hugo Chavez-style thugocracy."
Mayor addresses Muskegon Hts. PD case
Mayor addresses Muskegon Hts. PD case WOOD TV8
"'We just want people to know that we did call state police here for the investigation,' Mayor Darrell Paige said.
'We initiated it.
They've been down there now for about three weeks, maybe.
We don't know how long it's going to take and we're cooperating with them -- totally trying to get this done.'
Michigan State Police said Monday it will be a couple months before the prosecutor ever sees reports from the department's investigation into the Muskegon Heights Police Department."
"'We just want people to know that we did call state police here for the investigation,' Mayor Darrell Paige said.
'We initiated it.
They've been down there now for about three weeks, maybe.
We don't know how long it's going to take and we're cooperating with them -- totally trying to get this done.'
Michigan State Police said Monday it will be a couple months before the prosecutor ever sees reports from the department's investigation into the Muskegon Heights Police Department."
Myths about school employee 'concessions.'
"The data, however, fail to show any significant reduction in public school labor costs."
Hoekstra Is Only Above-Average GOP U.S. Rep. on 'Pro-Growth' Congressional Scorecard
Hoekstra Is Only Above-Average GOP U.S. Rep. on 'Pro-Growth' Congressional Scorecard [Mackinac Center]
"U.S. Rep. Pete Hoekstra, R-Holland, scored 85 percent.
His score is the best from Michigan and the only one to exceed the Republican national average."
"U.S. Rep. Pete Hoekstra, R-Holland, scored 85 percent.
His score is the best from Michigan and the only one to exceed the Republican national average."
Hangar42 Studios' Incentives Raise Questions [Mackinac Center]
Hangar42 Studios' Incentives Raise Questions [Mackinac Center]
"Increased scrutiny of such deals is especially appropriate in light of the recent approval of a $9.1 million Michigan Economic Growth Authority tax credit/subsidy deal involving Richard A. Short, a convicted embezzler who was on parole.
Short is facing parole violations and other embezzlement charges."
"Increased scrutiny of such deals is especially appropriate in light of the recent approval of a $9.1 million Michigan Economic Growth Authority tax credit/subsidy deal involving Richard A. Short, a convicted embezzler who was on parole.
Short is facing parole violations and other embezzlement charges."
Firefighters Lose. How Much Do They Make, Anyway?
"Pam Keller was the only city council member who did not have the guts to impose a %5 pay reduction on members of the Fullerton firefighter’s union after negotiations failed on Tuesday.
The union refused to accept a deal similar to those offered to all other Fullerton employees."
D.C. Metro Police Escorted SEIU Protesters to Bank Of America Executive’s Home
D.C. Metro Police Escorted SEIU Protesters to Bank Of America Executive’s Home - Big Journalism
"The primary role of the Washington cops in this event was to protect the protesters.
The D.C. officers had no authority to act to disperse the protesters even had the homeowner been present and asked them to vacate the private property.
The event ended as a “dash one”– no arrests, no citations –"
"The primary role of the Washington cops in this event was to protect the protesters.
The D.C. officers had no authority to act to disperse the protesters even had the homeowner been present and asked them to vacate the private property.
The event ended as a “dash one”– no arrests, no citations –"
Sikorsky X2 Helicopter Progressing Toward Record Speed
"Next week Sikorsky plans to finish the third phase of flight testing for its new X2 helicopter with a flight of 180 knots (207 miles per hour).
The X2 team has been slowly expanding the performance envelope of the technology demonstrator and says they expect to reach their goal speed of 250 knots (288 miles per hour) some time in the late summer or early fall.
The X2 uses a coaxial main rotor system, eliminating the need for the tail rotor that typically counters the torque of a single main rotor.
In place of a tail rotor, the X2 has a propeller at the back of the aircraft that generates thrust similar in a similar manner as a fixed-wing aircraft."
Why state pension funds could need a $1 trillion bailout
"Ready for another government bailout?
Taxpayers could be on the hook within the decade if current state pension system isn't reformed."
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