Mad Statists

Scientist calls for caffeine to be a regulated substance

"Jack E. James argued in an editorial published Monday that researchers and lawmakers alike need to take a look at caffeine-related deaths and near-deaths. 'Armed with improved knowledge of caffeine toxicity and faced with extensive evidence of substantial harm to public health, today’s authorities appear more perplexed and less decisive than their counterparts of more than a century earlier,' James continued. 'In light of current international befuddlement and inaction, legislators, policy makers, and regulators of today confront a stark question — how many caffeine-related fatalities and near-misses must there be before we regulate?'" Continue reading →

Continue ReadingScientist calls for caffeine to be a regulated substance

Debt addiction, USA: How much debt reduction has the crisis caused?

"The trend of ever-rising overall debt has thus continued. The deleveraging in the household and financial sector has, however, resulted in a reduced pace of debt accumulation overall, despite heavy borrowing from the federal government. In 2010, for the first time since 1992, the economy has grown faster than total debt, and this has continued in 2011 and in 2012, if at a slowing pace. Consequently, total debt stands at 359% of GDP today, slightly down from its peak of 381% in 2009. At 359% debt-to-GDP is back to where it was at in early 2007. Again, not much deleveraging has occurred in total." Continue reading →

Continue ReadingDebt addiction, USA: How much debt reduction has the crisis caused?

School Administrators Remove Army Men Cupcake Topping For Gun Control ‘Insensitivity’

"Last week, Casey Fountain’s third-grade son had a birthday party at his school in Caro. His wife decided to whip up 30 cupcakes for the boy’s classmates. She topped the treats with plastic army guys like the ones countless boys and girls have played with for decades. Fountain says he never thought his innocent act of party planning would lead to controversy. Fountain says the principal of Schall Elementary School called him personally and told him that dressing the cupcakes with soldiers was, in the principal’s words, 'insensitive' considering recent gun-related tragedies. The school is standing by its decision to remove the Army soldiers from the cupcakes." Continue reading →

Continue ReadingSchool Administrators Remove Army Men Cupcake Topping For Gun Control ‘Insensitivity’

CIA may target Syrian extremists with drones: LA Times

"The US Central Intelligence Agency is collecting information on Islamic radicals in Syria for possible lethal drone strikes against them at a later stage. CIA’s Counterterrorism Center, which runs drone programs targeting militants in Pakistan and Yemen, had recently shifted several targeting officers to improve intelligence gathering on militants in Syria. The agency is working closely with Saudi, Jordanian and other regional spy services active in Syria. The State Department believes that one of the strongest Syrian opposition militias, Al Nusra Front, is a terrorist organization that is indistinguishable from the group Al-Qaeda in Iraq." Continue reading →

Continue ReadingCIA may target Syrian extremists with drones: LA Times

150,000 Greek Public Sector Job Cuts Pending As Greece Launches Another Grexit “Plan B” Movement

"Greece is locked in talks with international creditors in Athens about shrinking the government workforce by enough to keep bailout payments flowing. Identifying redundant positions and putting in place a system that will lead to mandatory exits for about 150,000 civil servants by 2015 is a so-called milestone that will determine whether the country gets a 2.8 billion-euro ($3.6 billion) aid installment due this month. More than a week of talks on that has so far failed to clinch an agreement." Continue reading →

Continue Reading150,000 Greek Public Sector Job Cuts Pending As Greece Launches Another Grexit “Plan B” Movement

More Entrepreneurs Say “Au Revoir”, Escape France’s Confiscatory Tax Regime

"New evidence of top French executives leaving the country has emerged as President Francois Hollande battles a stalling economy and tumbling approval ratings. Two senior executives at Moet Hennessy, the champagne and cognac arm of the LVMH luxury group, are moving to London from Paris and the head of Dassault Systemes, the software arm of Dassault Aviation, said some senior managers of his company had left and he was considering following suit. …The news follows Mr Arnault’s own application for Belgian citizenship, leaked last September, which poured fuel on a fiery debate in France about entrepreneurship, patriotism and high taxes." Continue reading →

Continue ReadingMore Entrepreneurs Say “Au Revoir”, Escape France’s Confiscatory Tax Regime

Japan To Hike Utility Prices By 14-19% As Inflation Surges In All The Wrong Places

"First it was gas prices, then it was food prices, and now it is the turn of basic utilities to see costs surge by double digits. 'Japanese utilities, forced to idle their nuclear power plants over the past two years and facing higher fuel costs due to a weak yen, are now looking to push through double-digit rate hikes for their commercial customers.' This means less disposable income, less corporate profits, less monetary velocity, less growth and ultimately less 'inflation' in other things such as the much desired stock market, which was supposed to be the wealth effect offset to all staples price increases." Continue reading →

Continue ReadingJapan To Hike Utility Prices By 14-19% As Inflation Surges In All The Wrong Places

Japan PM: Hyperinflation ‘Unthinkable’ Even With Bold Easing

"Hyperinflation is 'unthinkable,' Prime Minister Shinzo Abe said Monday, citing the Bank of Japan's ability to make adjustments after enacting bold monetary easing. 'If the rate of inflation exceeds the 2% target, the BOJ would naturally proceed with a policy to keep it within 2%,' he told reporters. At the same time, Abe noted that the government 'must keep a keen eye on trends in prices and long-term interest rates.' The prime minister stressed the need to improve the country's finances, indicating a stance of limiting monetary policy side effects with an eye on government bond prices." Continue reading →

Continue ReadingJapan PM: Hyperinflation ‘Unthinkable’ Even With Bold Easing

LA Times: Only An Incipient “Terrorist” Denounces State Murder

"Citing the most recent missive from the self-appointed Stasi at the Southern Poverty Law Center, the Los Angeles Times claims that there are 1,360 proto-terrorist groups -- sneeringly denounced as 'patriots,' 'constitutionalists,' and 'sovereign citizens' -- scattered throughout the Soyuz. 'These groups should be closely monitored, with resources adequate to the task, even if it means shifting some homeland security money from the hunt for foreign terrorists,' concludes the paper." Continue reading →

Continue ReadingLA Times: Only An Incipient “Terrorist” Denounces State Murder

Gun-control demagoguery is a lethal weapon

"Despite tough economic times, firearms and ammunition companies have created nearly 27,000 well-paying jobs over the past two years alone. Smart lawmakers from Texas, Michigan, Oklahoma, Arizona, and South Carolina are now courting Remington away from New York and Magpul away from Colorado. For now, these states can offer business-friendly, Second Amendment–defending climates that support a demonized industry. But how much longer will it be until Obama and the pro-jobs hypocrites on Capitol Hill find new, more nefarious ways to obstruct this innovation-driving, wealth-producing sector of the American economy?" Continue reading →

Continue ReadingGun-control demagoguery is a lethal weapon