The Blueprint for Locking Down America
Unfortunately, with the Constitution under constant attack, the military’s power, influence and authority have grown dramatically. Even the Posse Comitatus Act of 1878, which makes it a crime for the government to use the military to carry out arrests, searches, seizure of evidence and other activities normally handled by a civilian police force, has been weakened by both Barack Obama and George W. Bush, who ushered in exemptions allowing troops to deploy domestically and arrest civilians in the wake of alleged terrorist acts.
Thursday, April 30, 2015
Will the Feds Take-Down Alternative Medicine?
Will the Feds Take-Down Alternative Medicine?
That stance may be poised to change: The Food and Drug Administration (FDA) is this week holding a public meeting to evaluate “whether and how to adjust the current enforcement policies” to keep up with the growing homeopathic industry and a corresponding increase in safety problems. Since 2009, the FDA has sent nearly 40 warning notices to homeopathic manufacturers and has overseen three recalls. Pulled products include zinc cold remedies that caused people to lose their sense of smell and “teething tablets” with toxic levels of the plant belladonna.
That stance may be poised to change: The Food and Drug Administration (FDA) is this week holding a public meeting to evaluate “whether and how to adjust the current enforcement policies” to keep up with the growing homeopathic industry and a corresponding increase in safety problems. Since 2009, the FDA has sent nearly 40 warning notices to homeopathic manufacturers and has overseen three recalls. Pulled products include zinc cold remedies that caused people to lose their sense of smell and “teething tablets” with toxic levels of the plant belladonna.
Wednesday, April 29, 2015
Tuesday, April 21, 2015
The Really Evil Empire
The Really Evil Empire
Contrary to American assurances, economic warfare against Russia meant to compel the return of Crimea to Ukraine hasn’t worked. Nor did the Ukrainian military’s campaign against the Donbas tame the Russian “aggression” mainstream media shouts about daily. All Europe has achieved to date is tens of billions in lost trade and Russia’s abandonment of the South Stream pipeline.
Contrary to American assurances, economic warfare against Russia meant to compel the return of Crimea to Ukraine hasn’t worked. Nor did the Ukrainian military’s campaign against the Donbas tame the Russian “aggression” mainstream media shouts about daily. All Europe has achieved to date is tens of billions in lost trade and Russia’s abandonment of the South Stream pipeline.
The Imperial Whim of Death
The Imperial Whim of Death
President Obama has established a secret process that involves officials from the Departments of Justice and Defense, the CIA, and the White House senior staff whereby candidates are proposed for execution, and the collective wisdom of the officials then recommends execution to the president, who then accepts or rejects the recommendation.
President Obama has established a secret process that involves officials from the Departments of Justice and Defense, the CIA, and the White House senior staff whereby candidates are proposed for execution, and the collective wisdom of the officials then recommends execution to the president, who then accepts or rejects the recommendation.
The Wisdom of Marc Faber
The Wisdom of Marc Faber
To be sure, there is nothing conventional about Faber. He obtained a PhD magna cum laude in economics at the University of Zurich at the age of 24. After riding through multiple market cycles from New York to Hong Kong, he made a name for canny market predictions and investment foresight.
Sunday, April 12, 2015
The Cost Will Be Dire
The Cost Will Be Dire
Jim Grant ‘unedited’…
“If companies can’t fail that means somebody else can’t start. You’re looking at a petrified forest rather than dynamic capitalism,“
Wednesday, April 8, 2015
Monday, April 6, 2015
Saturday, April 4, 2015
Friday, April 3, 2015
You Can’t Live Without It
You Can’t Live Without It
Some experts say Vitamin D not only helps in bone health but can also aid in heart, brain, and immune system function, even noting that lower levels can be associated with asthma.
Some experts say Vitamin D not only helps in bone health but can also aid in heart, brain, and immune system function, even noting that lower levels can be associated with asthma.
Thursday, April 2, 2015
Goodbye FICO, Hello FAKE-O
Goodbye FICO, Hello FAKE-O
To be sure, the good folks at Santander Consumer and American Credit Acceptance (among others) are doing everything they can possibly do to get underqualified borrowers into used cars even if it means extending terms that will land some of these proud new owners in vehicles they absolutely cannot afford given their financial circumstances. This is all made possible of course by the Wall Street securitization machine which has churned out some $5 billion in subprime auto-backed issuance YTD, with a recent deal from Santander Consumer (DRIVE 2015-A) marking the lender’s return to the frightening world of “deep” subprime. As a reminder, here are two recent ABS deals which epitomize what’s wrong with this industry:
To be sure, the good folks at Santander Consumer and American Credit Acceptance (among others) are doing everything they can possibly do to get underqualified borrowers into used cars even if it means extending terms that will land some of these proud new owners in vehicles they absolutely cannot afford given their financial circumstances. This is all made possible of course by the Wall Street securitization machine which has churned out some $5 billion in subprime auto-backed issuance YTD, with a recent deal from Santander Consumer (DRIVE 2015-A) marking the lender’s return to the frightening world of “deep” subprime. As a reminder, here are two recent ABS deals which epitomize what’s wrong with this industry:
Superbug Killer
Superbug Killer
Dating back to the the 10th century, the recipe for the remedy demands garlic, onions, and leek combined with wine and the bile of a cow’s stomach. In other words, it’s known infection crushers mixed with an odd combination of bile. A weird recipe that actually works to not only clear up eye infections and styes at large, but kills MRSA superbugs.
Dating back to the the 10th century, the recipe for the remedy demands garlic, onions, and leek combined with wine and the bile of a cow’s stomach. In other words, it’s known infection crushers mixed with an odd combination of bile. A weird recipe that actually works to not only clear up eye infections and styes at large, but kills MRSA superbugs.
Wednesday, April 1, 2015
It’s a Doomsday Machine
It’s a Doomsday Machine
Yellen said gradual hikes are likely this year, but that the central bank will move cautiously……. the PBOC governor said he saw “more room” for China to ease policy if the economy stays soft and inflation continues to weaken.
Its just that frightfully simple. If any of the major central banks anywhere on the planet ease or even hint they might, the robo machines and day traders unleash an avalanche of buy orders and the stock averages jerk higher.
Indeed, Zero Hedge captured the motion succinctly this AM. In keeping with Bernanke’s inaugural blog revelation that 98% of monetary policy consists of “open mouth” operations, the markets leapt upwards on cue. That is, if central banker jaws are flapping, then buy!
The Stage Is Set for Another Big War
The Stage Is Set for Another Big War
This new expansion of the war in Yemen is a bad sign. The situation could easily worsen, involve many countries, and last for a long time to come. The stage for the “Big War” may well be set and we will be hearing a lot more about Yemen and the Arabian Peninsula in the coming months. If this war gets out of hand, I would expect that the benefits of $45 per barrel of oil will soon end. There is no doubt in my mind that the American people — financially and for security reasons — would be better served if we just came home and avoided these nonsensical military interventions that are carried out in behalf of various special interests that control our foreign policy.
This new expansion of the war in Yemen is a bad sign. The situation could easily worsen, involve many countries, and last for a long time to come. The stage for the “Big War” may well be set and we will be hearing a lot more about Yemen and the Arabian Peninsula in the coming months. If this war gets out of hand, I would expect that the benefits of $45 per barrel of oil will soon end. There is no doubt in my mind that the American people — financially and for security reasons — would be better served if we just came home and avoided these nonsensical military interventions that are carried out in behalf of various special interests that control our foreign policy.
Should I Buy My Dream Home Now?
Should I Buy My Dream Home Now?
Now we come to your question of a long term low interest mortgage on a larger home in today’s current economic climate. Dad once said (he was quoting someone and the name eludes me) that there are two ways to deal with the bank. The first is to owe them nothing the second is to owe them 110% of all you own – anywhere in the middle is a dangerous place. Keep in mind that Dad was a banker in the late 1960’s. In other words if you owe them 110% of your loan they will work with you and extend you terms and do everything possible to avoid foreclosing on you because they will suffer a loss. If on the other hand you borrow 50% from the bank and put up 50% of your funds you are in a perilous condition. If your investment suffers a 40% loss and you cannot pay they will swoop down, foreclose and sell your property at a discount where they will recover all their capital and you will loose all of your capital. Just keep this in mind.
Now we come to your question of a long term low interest mortgage on a larger home in today’s current economic climate. Dad once said (he was quoting someone and the name eludes me) that there are two ways to deal with the bank. The first is to owe them nothing the second is to owe them 110% of all you own – anywhere in the middle is a dangerous place. Keep in mind that Dad was a banker in the late 1960’s. In other words if you owe them 110% of your loan they will work with you and extend you terms and do everything possible to avoid foreclosing on you because they will suffer a loss. If on the other hand you borrow 50% from the bank and put up 50% of your funds you are in a perilous condition. If your investment suffers a 40% loss and you cannot pay they will swoop down, foreclose and sell your property at a discount where they will recover all their capital and you will loose all of your capital. Just keep this in mind.
To Subdue Rebellious Citizens
To Subdue Rebellious Citizens
According to the presentation, the eight-week training program involves Navy SEALs, Army Special Forces Command (Green Berets), Air Force Special Operations Command, Marine Special Operations Command, Marine Expeditionary Units, the 82nd Airborne Division, and unspecified “interagency partners.” Underneath the logo for the Jade Helm drills, a sword with two arrows crossing it, it reads: “Master the Human Domain.” What exactly that means was not clear, but at least some critics of the exercise have suggested it may be a euphemism for subjugating the population of the United States. Indeed, as other analysts have noted, citing available information, the drill almost certainly has nothing to do with defending the Southern border from invasion. The few details that have been provided, though, are causing concern among analysts.
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