"If Congress allows sequestration cuts to take effect, more than 170 million Americans could lose their jobs, according to Rep. Maxine Waters (D-Calif.) 'If sequestration takes place, that’s going to be a great setback. We don’t need to be having something like sequestration that’s going to cause these job losses — over 170 million jobs that could be lost,' Waters said." Continue reading →
"The media are bombarding us with stories of how sequestration, with its 'drastic cuts' in government spending, will affect our lives. Marketplace ran one yesterday about the USDA and the potential loss of federal meat inspectors. Don’t worry, we were told, the authorities won’t allow tainted meat on the shelves! But they might inspect more slowly, meaning less meat for sale, and higher prices. I spent 5 minutes on the CBO website and discovered that what’s in play is $27 billion of projected 'discretionary' spending. The sequester cuts that by 8% to about $24 billion. So the sequestered 2013 budget is $152 billion, a 4.8% increase over 2012." Continue reading →
"Hundreds of people turned out across the Tri-State this weekend for what was billed as a 'Day of Resistance'. These are peace protests in support of the second amendment. Are these people really concerned about their second amendment rights? Vice President Joe Biden says 'No'." Continue reading →
"Some 'experts' say that women should pee their pants or puke to avoid rape. Are they serious? Guns are better. Don't pee your pants; make your wannabe rapist pee his pants." Continue reading →
"Does the bullet point list for solutions to global cooling at right look familiar? It reads almost like some of the manifestos we get from warmists today, including the suspension of Democracy. During the 1970s the media promoted global cooling alarmism with dire threats of a new ice age. Extreme weather events were hyped as signs of the coming apocalypse and man-made pollution was blamed as the cause. Environmental extremists called for everything from outlawing the internal combustion engine to communist style population controls. This media hype was found in newspapers, magazines, books and on television." Continue reading →
"The United States is shown in the following chart. Central banks have aided the government in managing to keep rates low despite big deficits, by buying the debt. Balance sheets of the world's central banks are growing rapidly to support government deficits while forcing rates to low levels. It is a bubble. When you buy Treasury bonds, you are putting your fate in the hands of the government, expecting it to give back your purchasing power and a reasonable amount of interest to you, in return for the use of your money. I believe we are headed for a serious loss of confidence in the value of the dollar, which will be accompanied by a burst of the Bond Bubble." Continue reading →
"Michigan Governor Rick Snyder plans to name an emergency manager to handle Detroit’s fiscal crisis, stripping power from local officials. Detroit has a budget deficit of about $327 million and more than $14 billion in long-term obligations, reports Bloomberg. Starting later this month, a manager will have the power to cancel labor contracts, cut spending and sell assets. This all is, of course, an attempt to prevent what could be the largest U.S. municipal bankruptcy. Snyder will act to protect Detroit's debt holders. However, the best thing that could happen to Detroit is for the city to declare bankruptcy and start fresh, rather than a Motown version of eurozone-type austerity." Continue reading →
"At least five of those deprived of their UK nationality by the Coalition were born in Britain, and one man had lived in the country for almost 50 years. Those affected have their passports cancelled, and lose their right to enter the UK – making it very difficult to appeal against the Home Secretary’s decision. Last night the Liberal Democrats’ deputy leader Simon Hughes said he was writing to Ms May to call for an urgent review into how the law was being implemented. The leading human rights lawyer Gareth Peirce said the present situation 'smacked of mediaeval exile, just as cruel and just as arbitrary'." Continue reading →
"This is a fascinating conversation between Tucker Carlson and the originator of that statement, former Secret Service agent Dan Boingino." Continue reading →
"The video showing Philadelphia Police Lt. Jonathan Josey punching a woman was overwhelming enough for his department to quickly fire him last year. But it wasn’t enough for a judge to find him guilty of simple assault this week. Now we’re learning that Municipal Judge Patrick Dugan is married to a longtime Philadelphia police officer who just happened to be one of about 100 officers in court showing their support for Josey during his non-jury trial earlier this month." Continue reading →