Archive - Nov 6, 2015

The US military-intelligence complex is engaged in systematic preparations for World War III. As far as the Pentagon is concerned, a military conflict with China and/or Russia is inevitable, and this prospect has become the driving force of its tactical and strategic planning. Three congressional hearings Tuesday demonstrated this reality. Contrary to the media portrayal of Washington as deeply divided between parties with intransigently opposed political outlooks, there was bipartisan agreement on this most fundamental of issues, the preparation of a new imperialist world war.

“We’re sending 50 — count them, 50 — special operations soldiers to Syria, and they will have ‘no combat role,’ the president says,” said Mr. McCain. “Well, what are they being sent there for? To be recreation officers? You’re in a combat zone, and to say they’re not in combat is absurd.”

In May, Police Chief Leonard Campanello of the Gloucester, Massachusetts Police Department announced via Facebook that his department would adopt the new policy of treatment over arrest. Five months since the program launched, Campanello reports positive results: over 260 addicts have been placed in treatment. This summer, shoplifting, breaking and entering, and larceny dropped 23% from the same period last year. “We are seeing real people get the lives back,” he said. “And if we see a reduction in crime and cost savings that is a great bonus.”

Just days after the potential for more capital injections for Fannie Mae and Freddie Mac (GSEs) are admitted to, we discover another 'scheme' to enrich the 'have-yachts' on the backs of the 'have-nots'.

"Social Security as a whole as well as Medicare cannot sustain projected long-run program costs...", and that the government should be "giving the public adequate time to prepare."

"Hey, we're not going to be with you anymore. Wish you a pleasant voyage. Hope to see you again'."

If Angela Merkel wants to get rid of one of her major headaches, we suggest she should tell Volkswagen to move its operations from Wolfsburg to China. It may seem a strange thing to do at first blush, with 750,000 German jobs on the line, but bear with us here, because this could well be the only way to preserve at least some value for VW’s stock- and bondholders.

While the Thai/Malay practice of using monkeys to harvest coconuts dates back hundreds of years, landing in the crosshairs of activist vegans and SJWs (Social Justice Warriors) is a new phenomenon. In a perfect world, Thai farmers would have machines and monkeys would have unspoiled wilderness. But, for the world we have — one in which habitat destruction wipes out entire populations — coconuts and farmers in need may be all that keeps the macaques in the trees and off the dinner tables.

- Workers aged 55 and over: +378,000
- Workers aged 25-54: -35,000

"After many years of ultra-accommodative polices, it is clear that ongoing interventions have failed to boost actual economic growth and only exacerbated the destruction of the middle class. It is clear that employment growth has only been a function of population growth, as witnessed by the ongoing decline in the labor-force participation rates and the surging levels of individuals that have fallen out of the work-force. While we will continue to operate to foster maximum employment and price stability, the reality is that the economy overall remains far to weak to sustain higher interest rates or any tightening of monetary policy."  

“We want to make it completely clear to voters that there’s absolutely no reason - none at all - why we couldn’t shell out another $10 billion between now and next November,”

We will let readers decide if the 1.3% increase in total employment, less than half what it was last October,  is the answer.

"This is essentially the result of very low export prices out of China that are impacting prices worldwide. It is obvious that we are operating in a very challenging market."