Bullshit Artists

Bill Bonner: Watch the Parking Meters

"'What does Cristina [Cristina Fernández de Kirchner, Argentina’s president] get paid for? Lying to us. Stealing our money. Generally making a mess of the economy. But at least she puts on a good show. You turn on the TV, and there she is – with more lies. The amazing thing is that everybody knows they are lies. We all know the cost of living is going up three times faster than she admits. We all know the country is headed for bankruptcy. We all know the central bank is printing up funny money to pay her bills. But nobody cares about that. She’s just doing her job. Just like you and me. My job is to drive a taxi. Her job is to lie to me.'" Continue reading →

Continue ReadingBill Bonner: Watch the Parking Meters

Police change story after video shows breaking student’s leg over ticket

"A group of police officers who allegedly broke the leg of an arts student and told her 'we don't care if it's legal' have been allowed to change their defence at the eleventh hour after CCTV footage of the assault emerged. Rachel Gardner is suing the NSW police force claiming she was kicked, sat on, handcuffed, pushed against a fence, loaded into a paddy wagon and then dumped at a nearby train station without charge after being caught without a train ticket on March 13, 2011. Police initially denied the kick occurred but sought to amend their defence in the Sydney District Court on Monday, minutes before the beginning of a five-day trial." Continue reading →

Continue ReadingPolice change story after video shows breaking student’s leg over ticket

Gun registry ‘scheme’ among concerns over US signing of UN arms treaty

"The treaty would regulate the $70 billion global trade in conventional arms. The U.S. is the largest arms exporter in the world, and Kerry's signature was seen as a significant step in pushing it forward. Supporters say the treaty sends a bold global message advocating the first-ever moral standards on the cross-border trade linked to human rights violations around the world. But to some on U.S. soil, the treaty treads into dangerous territory and could step on the constitutional rights of Americans. They point in part to language, at the very beginning of the document, that includes 'small arms and light weapons' and worry this could cover firearms owned by Americans." Continue reading →

Continue ReadingGun registry ‘scheme’ among concerns over US signing of UN arms treaty

Mark Thornton on “Government Shutdown”

"Mark Thornton presents a Misesian commentary on why politics is to blame for the impending U.S. government 'shutdown,' and how a gold standard could provide real fiscal discipline. Thornton is a Senior Fellow at the Mises Institute. For more information, visit the Mises Institute online at mises.org." Continue reading →

Continue ReadingMark Thornton on “Government Shutdown”

Government Shutdown: An Oxymoron for Real Morons

"The words 'government shutdown' do not mean 'government shutdown.' They mean 'boondoggle shutdown.' They mean 'special-interest-group-subsidy shutdown.' What about the Post Office? Will it get shut down? No. What about the CIA? Will it get shut down? No. What about the NSA? Will it get shut down? No. What about the TSA? Will it get shut down? No. What about the Department of Homeland Security? Will it get shut down? No. My suggestion: stop worrying about a government shutdown. Instead, keep worrying about the government staying open . . . just like you did before." Continue reading →

Continue ReadingGovernment Shutdown: An Oxymoron for Real Morons

Shutdown: ObamaCare (No) and the Federal Government (No)

"So, how long will House Republicans continue to take a stand? Until the polls indicate that they will lose in November 2014. On October 1, enrollment in the exchanges is to begin. But hardly anyone knows how to enroll yet. The computer programs are not ready. The confusion has not yet hit. The sense of betrayal has not yet hit Obama’s poll numbers. If Republicans can hold out long enough for resentment against the program to spread, they win politically. They can hold out longer. But at some point, they will capitulate. That’s what the uncertainty is all about. It’s about the timing of their capitulation." Continue reading →

Continue ReadingShutdown: ObamaCare (No) and the Federal Government (No)

How to Decode the True Meaning of What NSA Officials Say

"An equally insidious threat to the integrity of our national debate, however, comes not from officials’ outright lies but from the language they use to tell the truth. When it comes to discussing government surveillance, U.S. intelligence officials have been using a vocabulary of misdirection—a language that allows them to say one thing while meaning quite another. The assignment of unconventional meanings to conventional words allows officials to imply that the NSA’s activities are narrow and closely supervised, though neither of those things is true. What follows is a lexicon for decoding the true meaning of what NSA officials say." Continue reading →

Continue ReadingHow to Decode the True Meaning of What NSA Officials Say

Japan nuclear agency says Fukushima water leak risk exaggerated

"The chief of Japan’s nuclear watchdog chided the operator of the Fukushima plant Thursday for its inability properly to explain problems, which he said was inflating fears around the world. Shunichi Tanaka, chairman of the Nuclear Regulation Authority, said information given by Tokyo Electric Power (TEPCO) on the level of radioactive contamination was 'scientifically unacceptable'. Tanaka’s comments come after TEPCO announced it had detected a hotspot with a reading of 2,200 millisieverts per hour. TEPCO has confirmed that a reading of 2,200 millisieverts per hour would be enough to kill a person in a matter of hours." Continue reading →

Continue ReadingJapan nuclear agency says Fukushima water leak risk exaggerated

Fukushima ‘not under control’ – TEPCO official refutes PM’s assurances

"A senior TEPCO official contradicted Prime Minister Shinzo Abe by saying the radioactive water leakage at the crippled Fukushima plant is not under control. The official, Kazuhiko Yamashita, was asked his opinion of comments by Abe regarding the Fukushima Dai-ichi Nuclear Plant to the International Olympic Committee (IOC). 'I think the current situation is that it is not under control,' Yamashita said at a hearing in Koriyama City, Fukushima Prefecture, on Friday before further apologizing for the leaks." Continue reading →

Continue ReadingFukushima ‘not under control’ – TEPCO official refutes PM’s assurances

Twelve years after 9/11, we still have no idea how to fight terrorism.

"The seven studies include among them 86 findings about the effectiveness of counterterrorism programs, and those findings are startling. Lum, Kennedy and Sherley report that the average effect of the programs examined was negative. That is, the intervention was found to increase terrorist incidents rather than reduce them. The results varied by the type of intervention, but not in a way that should give us any comfort about our strategy. It's scandalous that we spend billions every year on counterterrorism but barely spend any effort on evaluating whether what we're doing works." Continue reading →

Continue ReadingTwelve years after 9/11, we still have no idea how to fight terrorism.