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151  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Boom time for Regulators, Investors Business Daily on: June 06, 2016, 10:59:17 AM
If private sector jobs grew at the same rate as regulator jobs under Obama, 3.7 million more people would be working.
152  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: 2016 Presidential - Dem nomination on: June 06, 2016, 10:50:19 AM
Prediction: Bernie will eek out a win in California but Hillary will clinch the nomination (In NJ) before the polls close in Calif.

Obama administration could make that more interesting by indicting Hillary on the same day hoping to help her 'get that behind her'.   Okay, that is 'not likely' but they are running out of time.  What are they going to do, announce the results of the investigation after the election?

Funny that Trump clinched first in a field of 17 than Hillary over Bernie, but after tomorrow that is a footnote in history.

The conventions are only about a month out.  Republicans go first.  Hillary sees Trump's running mate choice first before announcing hers.
153  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: Bureaucracy, Fourth Branch: EPA versus Colorado Town (Silverton) on: June 06, 2016, 10:29:05 AM
This is a sad and scary big government story.  Good for Daily Caller for not letting this drop.  As with all Obama scandals, why was no one arrested, fired, etc.?  Why do we not hold those even higher accountable?  A right wing, free market President might have been impeached over this, negligently releasing 880,000 pounds of toxic chemicals, a 3 million gallon release, into our rivers and streams polluting 3 states and the Navajo nation.

The EPA wanted complete control of this area by designating it against the will of the locals a Superfund cleanup site,.  Now they have won through their own deadly error.

The old saying that you don't fight city hall is so last century.  This is more like fighting the Chinese Communist Party backed by People's Liberation Army than it is like fighting your local city hall.  Not exactly the EPA that 1970s Republicans envisioned when they created it (and appointed my cousin to be the nation's first director of water quality).  

EPA Pollutes River, Uses Scare Tactics To Take Control Of A Colorado Town

9:55 PM 06/05/2016
EPA Administrator Gina McCarthy and Gold King Mine. (Reuters)   EPA Administrator Gina McCarthy and Gold King Mine. (Reuters)

A decades-long battle between federal environmental officials and a small Colorado town is about to end in the government’s favor, thanks to the agency-caused Gold King Mine spill disaster, a Daily Caller News Foundation investigation has found.

Environmental Protection Agency (EPA) representatives have focused intently on Silverton, Colorado since the mid-1990s, accumulating evidence — and sometimes using scare tactics — to persuade residents to drop their opposition to a Superfund designation for the surrounding region.

Residents surrendered to federal demands only after an EPA work-crew turned the nearby Animas River bright yellow for nearly a week by releasing a three-million-gallon flood of acidic mine waste under extremely questionable circumstances in August 2015.

Suspended in the flood was 880,000 pounds of toxic metals, including lead and arsenic, that poured into the river that supplies drinking water for people living in three states and the Navajo Nation. The mine is just upstream from Silverton.

“After more than two decades working in the region, they still couldn’t get it right,” said Rep. Rob Bishop told The Daily Caller News Foundation. “EPA created a man-made disaster harming numerous states and tribes. The combination of a lack of due diligence and a half-baked plan directly led to the August 5 blowout.”

Bishop, a Utah Republican, condemned EPA for being “incompetent, evasive and deceitful,” adding that “if this wasn’t criminal negligence, it should be.”

The disaster was the last straw that convinced locals to reverse their decades-long opposition and allow the EPA to go forward in designating the region for Superfund listing – a designation the agency reserves only for the nation’s most polluted sites.

Once the designation becomes official, EPA will assume vast new powers throughout the region. But EPA has been encroaching on residents’ lives going back to at least 1994, with more than a few memorable episodes along the way.

In one such instance, EPA officials abruptly announced at a town meeting they needed to test soil for pollution at a local school.

“The Town Board was somewhat blindsided by your request,” San Juan County Commissioners and the Town of Silverton Board of Trustees told EPA in an April 2014 letter. “The County Commissioner [sic] were not even informed that the EPA would be addressing the Town.”

“However, the biggest flaw in the process was bringing the School District into the discussion without talking directly with the School Superintendent,” the local officials said in the letter, which was obtained by the House panel.

“The Superintendent spent the next day on damage control informing the community that an environmental review of the school grounds had been completed and nothing was found that would raise health concerns.”

Town and county officials also questioned the necessity of soil testing because previous samples “didn’t raise any significant red flags” and they were “unaware of any medical studies or individual cases where the soils have had an adverse impact on a child or adult’s health. We have generation after generation after generation that have lived most or all of their lives in Silverton without suffering any health-related issues from their long-term exposure to the mineralized soils.”

The officials claimed that “despite the minimum justification, EPA managed to maximize the fears in parents, as well as raise concerns for property owners.”

Local officials also wondered if EPA representatives who spoke with residents “were really listening to our concerns, if they were listening but they did not understand how critical those concerns are, or did they listen to our concerns but determined that the EPA knows what is better for Silverton and San Juan County than we do.”

Regardless, another letter obtained by TheDCNF, showed that less than a year later, EPA, joined by the U.S. Bureau of Land Management and the Colorado Department of Health & Environment, compelled a nearby mine owner to conduct studies normally done only after a Superfund designation is received.

Numerous agencies “all have expended substantial efforts and resources in defining the problems” in the region around Silverton, said the January 2015 letter to Sunnyside Gold Corporation. “Furthermore, the agencies are continuing to commit resources to characterize the extent and magnitude of contamination in other parts of the Upper Animas River Watershed.”

The letter said EPA would use Superfund authority to work at the nearby Red and Bonita Mine. The agency has also used the Comprehensive Environmental Response, Compensation and Liability Act (CERLCA) – the Superfund law – to force other area mine owners to grant EPA officials access to their properties. (RELATED: Gold King Mine Owner Fears EPA’s ‘Limitless Legal Budget’)

How EPA has used Superfund authority against Silverton exemplifies the inability of local residents to resist the federal agency when it is determined to have its way.

The first goal of the Animas River Stakeholders Group that was formed in 1994 to protect the environment from abandoned mines was to “keep CERCLA out.” The EPA not only blocked accomplishment of that goal, it also thwarted local efforts to cleanup the region’s environment.

“It definitely has taken the wind out of our sails,” group official Peter Butler told The Denver Post in May. “It’s uncertain what the Animas River Stakeholder Group’s future will be.”
154  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Trump damage to Republicans, all is already lost on: June 06, 2016, 09:59:32 AM
From 2016 Presidential and WSJ Bret Stephens statement:
This is certainly a possibility that Trump could do so much damage that he would in the long game screw it up for good for Republicans.

With the nomination of Trump, I already see the permanent loss of my economic viewpoint of economic freedom and limited government.  We lost at least half of the so-called right and all of the center and left.  Not much of a reason left to pick up the pieces.

The right is divided and the misguided on economic issues won.  Go to a pro-Trump site and read the comments sections.  Trump voters HATE Cruz, Rubio and most of the others.  Where Reagan tolerated government protectionism is emergency exception situations, Trump big government advocates label those in favor of a dynamic economic based on economic freedom, "free traitors".  

Like Suzette Kelo's and Vera Coking's houses, Trump supporters are full force behind the new government knows best movement supposedly on the right.  This is not the exception to his view; it is the centerpiece.  I will not compare Trump to the German leader with the mustache, but his most enthusiastic supporters certainly remind me of zeal and false righteousness of those in the early days of that movement.

With Trump I am stuck with a) his message to Indiana, they lost their jobs due to free trade competition, not mismanagement at home, and b) the world would be more stable if we let Saddam Hussein continue his reign of tyranny and pursuit of nuclear weapons.

Hillary Clinton knows we can't afford all her ideas and that Presidential popularity is tied to economic growth.  

How either one would govern is a complete mystery.

Trump may stumble into success in foreign policy even though his words have been nonsense.  HRC may realize that big government requires a big private sector to fund it.

Neither candidate remotely resembles my economic or foreign policy views.

Add to that Trump's temperament, the latest example slamming a judge from Indiana for his heritage.  If Trump stumbles because of that, the support for his misguided policies lives on.

Add in a Bill Kristol style third party candidate.  The most he or she could do is pick off a couple of so called red states, ensure a HRC victory and take all the blame.

All is already lost.
155  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: US-China (& Japan, South China Sea-- Vietnam, Philippines, etc) on: June 05, 2016, 11:14:45 PM
$5 TRILLION worth of goods per year go through the Taiwan to Sin gapore Sea every year while China is tryig to turn it into their own militarized lake.
156  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Bret Stephens WSJ: Hillary more surivable than Trump on: June 05, 2016, 11:07:17 PM
Bret Stephens, WSJ Pulitzer Prize winner who I admire very much and agree with on almost everthig, maybe not this, says Hillary ight be more survivable than Trump:

The best hope for what’s left of a serious conservative movement in America is the election in November of a Democratic president, held in check by a Republican Congress. Conservatives can survive liberal administrations, especially those whose predictable failures lead to healthy restorations—think Carter, then Reagan. What isn’t survivable is a Republican president who is part Know Nothing, part Smoot-Hawley and part John Birch. The stain of a Trump administration would cripple the conservative cause for a generation.
157  Politics, Religion, Science, Culture and Humanities / Politics & Religion / What was in the documents Sandy Burglar took? on: June 05, 2016, 08:24:35 PM
I read this too, [Hillary college kickbacks].  I just do not see the law enforced as it obviously should be and her taken away in handcuffs.
Some sort of plea or other type of  deal is probably already planned the second tier option behind the JD simply finding some other way not to go after her.

Obamster is out in force for her and his ideology.  He like Clintons will just never go away.

Agree.  All we can do is spread the word ourselves.
What was in the documents Sandy Burglar took?

This is getting more and more relevant.
(Hard to believe he died in Dec 2025.  Something in the water?)

Rush L:
you know what those documents contained? Elements of evidence that Al-Qaeda was in the country in 1999! It's all part of this millennium plot that the Clinton administration tried to take a lot of credit for stopping when in fact it was just good police work by a single Customs agent. It was not the result of any directive.

158  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: Sen. Bernie Sanders greeted by Oaxacafornias on: June 05, 2016, 08:18:52 PM
159  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Russia to Build Leader-Class Destroyer That Will Outgun Largest US Warships on: June 05, 2016, 08:12:48 PM
Russia to Build Leader-Class Destroyer That Will Outgun Largest US Warships

160  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Networks cover GOrilla 6 times more than ISIS Mass Christian Beheadings on: June 05, 2016, 08:10:53 PM

21 Christians beheaded by ISIS for their faith --- whatever.
161  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Hillary Clinton can't say right to bear arms is a constitutional right on: June 05, 2016, 08:05:37 PM
She is a lawyer, right?

Sunday on ABC’s “This Week,” Democratic presidential front-runner Hillary Clinton refused to say conclusively the Second Amendment is a constitutional right and that it “is subject to reasonable regulations.”

Partial transcript as follows:

STEPHANOPOULOS:  Let’s talk about the Second Amendment. As you know Donald Trump has been out on the stump talking about the Second Amendment saying you want ti abolish the Second Amendment. I know you reject that but a specific question, do you believe an individual’s right to bear arms is a Constitutional right, that it’s not linked to service in a militia?

CLINTON: I think that for most of our history there was a nuanced reading of the Second Amendment until the decision by the late Justice Scalia and there was no argument until then that localities and states and the federal government had a right as we do with every Amendment to impose reasonable regulations. So I believe we can have commonsense gun safety measures consistent with the Second Amendment. And, in fact, what I have proposed is supported by 90% of the American people and more than 75% of responsible gun owners. So that is exactly what I think is Constitutionally permissible. And once again, you have Donald Trump just making outright fabrications accusing me of something that is absolutely untrue. But I’m going to continue to speak out for comprehensive background check, closing the gun show loophole, closing the online loophole, closing the so-called Charleston loophole, reversing the bill that Senator Sanders voted for and I voted against giving immunity from liability to gun makers and sellers. I think all of that can and should be done and it is in my view consistent with the Constitution.

STEPHANOPOULOS:  And the Heller decision also says there can be some restricts but that’s not what I asked. Do you believe their conclusion an individual’s right to bear arms is a Constitutional right?

CLINTON: If it is a Constitutional right, then it like every other Constitutional right is subject to reasonable regulations. And what people have done with that decision is to take it as far as they possibly can and reject what has been our history from the very beginning of the republic where some of the earliest laws were about firearms. So I think it’s important to recognize that reasonable people can say as i do responsible gun owners have a right — I have no objection to that — but the rest of the American public has a right to require certain kinds of regulatory, responsible actions to protect everyone else.”

162  Politics, Religion, Science, Culture and Humanities / Science, Culture, & Humanities / Energy technology: Increase Lithium-air battery life 5-fold? on: June 05, 2016, 08:00:37 PM
The discovery of effective catalysts is an important step towards achieving Li–O2 batteries with long cycle life and high round-trip efficiency. Soluble-type catalysts or redox mediators (RMs) possess great advantages over conventional solid catalysts, generally exhibiting much higher efficiency. Here, we select a series of organic RM candidates as a model system to identify the key descriptor in determining the catalytic activities and stabilities in Li–O2 cells. It is revealed that the level of ionization energies, readily available parameters from a database of the molecules, can serve such a role when comparing with the formation energy of Li2O2 and the highest occupied molecular orbital energy of the electrolyte. It is demonstrated that they are critical in reducing the overpotential and improving the stability of Li–O2 cells, respectively. Accordingly, we propose a general principle for designing feasible catalysts and report a RM, dimethylphenazine, with a remarkably low overpotential and high stability.

A University of Texas at Dallas researcher has made a discovery that could open the door to cellphone and car batteries that last five times longer than current ones.  Dr. Kyeongjae Cho, professor of materials science and engineering..has discovered new catalyst materials for lithium-air batteries that jumpstart efforts at expanding battery capacity. The research was published in Nature Energy.  (above)

Read more at:
163  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: Gender, Gay, Lesbian on: June 05, 2016, 07:47:10 PM
Where does one go if they are Q?

You know.  Now it is LBGTQ!

31 Genders recognized in NYC and I don't think they're making fun of an ice cream store.

I can name 2 of them and neither starts with L,B,G,T or Q.
164  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Clinton took $16.46 Million from Colleges, State Dept. Funneled $55 million back on: June 05, 2016, 07:42:15 PM
Hillary University: Bill Clinton Bagged $16.46 Million from For-Profit College as State Dept. Funneled $55 Million Back

With her campaign sinking in the polls, Hillary Clinton has launched a desperate attack against Trump University to deflect attention away from her deep involvement with a controversial for-profit college that made the Clintons millions, even as the school faced serious legal scrutiny and criminal investigations.
In April 2015, Bill Clinton was forced to abruptly resign from his lucrative perch as honorary chancellor of Laureate Education, a for-profit college company. The reason for Clinton’s immediate departure: Clinton Cash revealed, and Bloomberg confirmed, that Laureate funneled Bill Clinton $16.46 million over five years while Hillary Clinton’s State Dept. pumped at least $55 million to a group run by Laureate’s founder and chairman, Douglas Becker, a man with strong ties to the Clinton Global Initiative. Laureate has donated between $1 million and $5 million (donations are reported in ranges, not exact amounts) to the Clinton Foundation. Progressive billionaire George Soros is also a Laureate financial backer.

As the Washington Post reports, “Laureate has stirred controversy throughout Latin America, where it derives two-thirds of its revenue.” During Bill Clinton’s tenure as Laureate’s chancellor, the school spent over $200 million a year on aggressive telemarketing, flashy Internet banner ads, and billboards designed to lure often unprepared students from impoverished countries to enroll in its for-profit classes. The goal: get as many students, regardless of skill level, signed up and paying tuition.

“I meet people all the time who transfer here when they flunk out elsewhere,” agronomy student Arturo Bisono, 25, told the Post. “This has become the place you go when no one else will accept you.”

Others, like Rio state legislator Robson Leite who led a probe into Bill Clinton’s embattled for-profit education scheme, say the company is all about extracting cash, not educating students. “They have turned education into a commodity that focuses more on profit than knowledge,” said Leite.

Progressives have long excoriated for-profit education companies for placing profits over quality pedagogy. Still, for five years, Bill Clinton allowed his face and name to be plastered all over Laureate’s marketing materials. As Clinton Cash reported, pictures of Bill Clinton even lined the walkways at campuses like Laureate’s Bilgi University in Istanbul, Turkey. That Laureate has campuses in Turkey is odd, given that for-profit colleges are illegal there, as well as in Mexico and Chile where Laureate also operates.

Shortly after Bill Clinton’s lucrative 2010 Laureate appointment, Hillary Clinton’s State Dept. began pumping millions of its USAID dollars to a sister nonprofit, International Youth Foundation (IYF), which is run by Laureate’s founder and chairman, Douglas Becker. Indeed, State Dept. funding skyrocketed once Bill Clinton got on the Laureate payroll, according to Bloomberg:

A Bloomberg examination of IYF’s public filings show that in 2009, the year before Bill Clinton joined Laureate, the nonprofit received 11 grants worth $9 million from the State Department or the affiliated USAID. In 2010, the group received 14 grants worth $15.1 million. In 2011, 13 grants added up to $14.6 million. The following year, those numbers jumped: IYF received 21 grants worth $25.5 million, including a direct grant from the State Department.

Throughout ten Democratic Party debates, Establishment Media have not asked Hillary Clinton a single question about she and her husband’s for-profit education scam.
165  Politics, Religion, Science, Culture and Humanities / Politics & Religion / If Elizabeth Warren is NOT picked for VP, is it because she is a woman? on: June 05, 2016, 07:36:24 PM
Clearly she is running for the job.
166  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: Sprinter with a penis on girls track team on: June 05, 2016, 07:21:18 PM

Crafty has this right I think.  Follow the penis.  If you have one, they have a restroom and a team for that.  If you have a vagina, there is a team and a restroom for that.  This isn't that complicated.  If you have something else or some other combination of features, maybe you need a family court judge or psych warden to advise on which shower room is yours.

If you hang your penis out in a no-penis area, they have a criminal charge for that.
167  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: US-China (& Japan, South China Sea-- Vietnam, Philippines, etc) on: June 04, 2016, 04:56:45 PM
"As our enemy, they have neglected to take action against little Taiwan for all these years even knowing Obama would do nothing to stop them.  Something is stopping them."
If they move on Taiwan and fail, it would quite possibly topple the CCP from power.

Failure might include having an unprovoked invasion become messy.  Quite interesting to ponder. 

Their main threat to power is from within.  Japan isn't going to take them again and the US isn't coming in.  If they start something they can't easily finish or that gives life to new dissent, perhaps other turmoil might develop.

The communist party knows one way to stay in power, maintain the status quo where political and physical oppression is offset with rising incomes for the masses. 

It has been a long time since protesters were massacred in Tiananmen Square, aka the "June Fourth Incident", 27 years ago today.  Does the ruling party have the will to do that today?  Probably yes.
168  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: US-China (& Japan, South China Sea-- Vietnam, Philippines, etc) on: June 04, 2016, 03:25:36 PM
working with China to improve security in Asia........ cry angry
But China IS the security threat.

Like making pals with Iran.  
Can we be friends?  Can we be friends?  can we be friends?
With Pepsi generation music in background.
Why this is so beautiful.  I wish I could have thought of this.
So wise and smart.  So able to see beyond the rancor.  God what genius....

China is our friend, our rival, our partner AND our enemy.  This would be tricky situation to deal with even if we were trying to act in our own best interests.

As our "friend", they won't lift a finger to stop North Korea, and keep building up their fleet, bases and intentions in the Taiwan to Singapore Sea.

As our enemy, they have neglected to take action against little Taiwan for all these years even knowing Obama would do nothing to stop them.  Something is stopping them.

As our (economic) partner, they are susceptible to us sneezing over here.  If our economy was roaring right now, their own economic growth would have been maintained.  The worst thing we can do hurt them would be to elect 4 more years of stagnation and decline at home.  It is hurting all of the rest of the world.
169  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: Political Economics, The failure of the Left on: June 04, 2016, 03:16:35 PM
Democrats took over Washington 10 years ago with the election of Pelosi-Reid-Obama-Hillary-Biden majorities in the House and Senate.  They put the nation on notice with their electoral succes in Nov 2006 that: 1) the Bush tax rate cuts were sure to be repealed, and 2) the policies of income redistribution were coming hard and soon toward you if you hadn't felt them already.  So we had two years of Dems running over George Bush's lame duck ending and we had the 8 eight years following that of the leftist dream team running the White House.  By now the rich should be gone and the working class elevated.  Are they?

Copying over some of my math from Cog Diss of the Left, somewhere in this is a lesson or two...

94.1 million now "out of the workforce". 
 7.4  million of "the workforce" unemployed.
101.5 million working age and above people don't work in a country of 245 million adults.

The number working age and above people in this country not working exceeds the entire population of our 35 lowest population states.

Some of these should be working.  Some should not.  How many too many that is - is a matter of opinion.  But it is WAY too many.  My point in the plowhorse analogy is that at some point the load is too great for the rest to pull or carry.

Left wing fact check from 14 months ago:
Cruz understated his number, still they called his statement mostly false.

The poor got poorer under Chavez Obama.  The rich got richer.  They locked in their market share in all the crony industries while the government acted powerfully to prevent new companies to enter those industries, rise up and compete.  High taxes don't hurt the rich; just add it to the price that you charge the poor if everyone has to pay it.

We traded economic opportunity away for a snipe called income equality - and got neither.

The increase alone of Food Stamp recipients alone under Obama, 16 million more people on food stamps under Obama, is equal to the population of 13 states:  Nebraska, West Virginia, Idaho, New Hampshire, Maine, Rhode Island, Montana, Delaware, South Dakota, North Dakota, Alaska, Vermont, Wyoming.

That's a good thing, right?  More and more people can't have dinner without government help!  20% of households need help now.  What was that percentage in the 1960s?  How far have we come by "helping"?

32 million on food stamps when Obama took office.  Peaked at 47 million, roughly a 50% increase - in ONE Presidency!

7.4 million on disability assistance when Obama took office. 
11 million today, roughly a 50% increase.

More people in poverty.  More people unable to work because of a disability, millions more.  More people need assistance to buy health insurance.  And more people on food stamps, tens of millions more.  This is what we call a "recovery".  How would it look differently if the economy sucked?

Did I mention DEBT?  What part of This-Is-Leftist-Failure do they not understand?  The more he grows the stagnant economy, the more people don't work in it.  They can't even eat without help.

Leftists are taking us on the same path as Venezuela; we are just at a different point on the time line.

The total number of people on food stamps, 46 million, is the same number of people that live in 25 states.  All the people in half the states!  So, what is the poverty rate after we pay all this money?  Same as it was before.  The Census Bureau does not count in-kind payments as income.  So how much more assistance is needed?  By their math, the amount needed is infinite.

"Maybe they went too far."
170  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: Donald Trump on: June 04, 2016, 02:57:00 PM
quote author=ccp
"The more rioting by illegals and marxists I see, the more I am willing to vote Trump, no matter all my previously stated issues with Trump."  Wow - from GM!   shocked

I am drawing a distinction between supporting Trump and voting for Trump.  I don't support him and maybe never will.  I will vote for him on election day if that will matter in terms of stopping something far worse from happening.

At this point, I am hoping to mostly support Paul Ryan on matters of the economy, budget and entitlement reform and hope the overlap between the House and a Trump White House becomes good policy and can pass a divided Senate.

On matters of foreign policy, I am praying for good advice to come to a President Trump through the chair of the joint chiefs etc. and that he will choose policies and battles wisely.

On matters of judicial appointments, I don't trust him one bit but must choose what is likely to be better than Hillary.

I hope but doubt he will pick a VP that I would want to be President.  Still, whoever he picks will be better than Hillary, Bernie or whoever they pick for a heartbeat away.

If Trump cannot make my state competitive, I will simply write in my real first choice, whoever that is come November.

171  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: Cognitive Dissonance of the left, 100 million out of work on: June 03, 2016, 11:14:47 PM
I have a little more to go on this and then I will copy this over to 'Political Economics' for safekeeping.

94.1 million now "out of the workforce".  
 7.4  million of "the workforce" unemployed.

101.5 million working age and above people don't work in a country of 245 million adults.

The number working age and above people in this country not working exceeds the entire population of our 35 lowest population states.

Some of these should be working.  Some should not.  My point in the plowhorse analogy is that, at some point, the load is too great for the rest to carry.

How many too many that is - is a matter of opinion.  But it is WAY too many.
Left wing fact check from 14 months ago:

The poor got poorer under Chavez Obama.  The rich got richer under Obama.  They locked in their market share in all the crony industries while the government acted powerfully to prevent new companies to enter those industries, rise up and compete.

We traded economic opportunity away for a snipe called income equality - and got neither.

One might say, we have a dead economy 10 years after Democrats took control of it, AT THIS POINT WHAT DIFFERENCE DOES IT MAKE!
Please check my math on this, the increase alone of Food Stamp recipients under Obama, 16 million more people on food stamps under Obama, is equal to the population of 13 states:  Nebraska, West Virginia, Idaho, New Hampshire, Maine, Rhode Island, Montana, Delaware, South Dakota, North Dakota, Alaska, Vermont, Wyoming.

That's a good thing, right?

32 million on food stamps when Obama took office.  Peaked at 47 million, roughly a 50% increase.  

7.4 million on disability assistance when Obama took office.  11 million today, roughly a 50% increase.

More people in poverty.  More people unable to work because of a disability, millions more.  More people need assistance to buy health insurance.  And more people on food stamps, tens of millions more.  This is what we call a "recovery".  How would it look differently if the economy sucked?

Seriously, where do we go with this.  Is there a disability epidemic?  Is the Surgeon General aware of it, doing something about it?  The Medical Journals, do they know?  Or does everyone know with a wink and a nod that it's just more free stuff.  People are willing to give up work for free stuff.  Same goes for food stamps.  We advertise for food stamp customers.  Great program.  20% of households are using it.  Maybe more people should check it out.

What part of This Is Leftist Failure do they not understand?  The more he grows the stagnant economy, the more people don't work in it.  Can't even eat without help.

They are taking us on the same path as Venezuela; we are just at a different point on the time line.

Math update:  The total number of people on food stamps, 46 million, is the same number of people that live in the 25 smallest states.  All the people in half the states!  So, what is the poverty rate after we pay all this money?  Same as it was before.  The Census Bureau does not count in kind payments as income.
172  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Cognitive Dissonance of the left, Increase of Food Stamp recipients under Obama on: June 03, 2016, 06:02:25 PM
Please check my math on this, the increase alone of Food Stamp recipients under Obama, 16 million more people on food stamps under Obama, is equal to the population of 13 states:  Nebraska, West Virginia, Idaho, New Hampshire, Maine, Rhode Island, Montana, Delaware, South Dakota, North Dakota, Alaska, Vermont, Wyoming.

That's a good thing, right?
173  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: The Hillbillary Clintons long, sordid, and often criminal history on: June 03, 2016, 05:19:45 PM
"said she couldn't be confirmed as Attorney General right now"

but nothing stopping her from running for president, even if indicted and even if prosecuted.  Hey she could be not only the first woman but the first felon.  She could run her mafia org from jail.
Even Presidency.  Home arrest in the White House, if as John Podesta pleads - *the people decide*
Nothing in the Constitution about that.

If elected, she could pardon herself and the whole Clinton-Abedin crime family.
174  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: European matters on: June 03, 2016, 09:39:12 AM
I confess the youth vote surprises me. 

Likewise.  When I read the headline, massive generational divide, I didn't guess which way it would split.  Youth are trained to be one world government advocates and the EU is a big step in that direction.  Like American exceptionalism, one would have to believe in Britain is exceptional as compared to Europe in order to favor the surrender of sovereignty. 

Does anyone remember when the biggest power in Europe was bombing the sh*t out of England?  Young people don't.  Does anyone believe the UK, such as it was under Thatcher for example, is capable of greater things economically than the stagnant, socialistic states of most of the rest of Europe?  Not if you favor stagnant, wealth fighting socialism.

175  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: European matters: Is France’s Fifth Republic Doomed? on: June 03, 2016, 09:28:52 AM
All kinds of good news (sarc.) around the world in year 8 of Barack Obama's stint as leader of the free world. Latin America, China and Europe collapsing... whatever...  Yes, Obama had a hand in Hollande's failure, and also, simply, socialism fails.

... The government has not been able to staunch the rebellion on the streets. The protests have taken two different, but equally menacing, directions. The first, Nuit Debout (Rise Up at Night), is unprecedented. Convening every evening at Place de la République, thousands of students, workers, and activists practice direct democracy. Holding general assemblies -- one part group therapy session, one part constituent assembly -- participants speak briefly on issues ranging from unfair housing practices to the ongoing state of emergency.

The movement’s slogan -- “Our Dreams Don’t Fit Your Ballot Boxes” -- is a worthy ideal, but hard to translate into policy. As for the other form of protest, its anti-government slogan might as well be “Your Dreams Are Our Nightmares.” These traditional labor union strikes are rooted in the long history of what, 40 years ago, sociologist Michel Crozier called “la société bloquée,” or “the stalled society.” The French, Crozier argued, distrust negotiation and compromise, and do not identify with political parties. Given their “horror of face-to-face contact,” their resistance to cooperation, and their fear of innovation, the French are most comfortable with confrontation. The take-no-prisoners policy of both the government and the General Federation of Workers, the militant union leading the strikes, suggests that Crozier’s analysis is still pertinent. With the start next week of the Euro Cup football championship, hosted by France, one or the other side will have to blink.

The most likely candidate for this providential man is, in fact, a woman: Marine Le Pen, leader of the extreme right-wing National Front. Le Pen’s approval ratings continue to climb, and last month, in a poll taken for the newspaper Le Parisien, she outdistanced Hollande in the second round of next year’s presidential election, 55 percent to 45 percent.

While she fares less well against some of the other contenders, Le Pen’s growing strength nevertheless underscores the republic’s predicament: its survival perhaps depends on someone whose politics resembles that of another providential figure: Philippe Pétain, the head of the xenophobic, reactionary, and authoritarian Vichy regime. Over the next few weeks, it is not just the Euro Cup, but perhaps also the Fifth Republic that will be at stake.
176  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: European matters, Massive generational divide marks 'Brexit' debate on: June 03, 2016, 09:12:42 AM
Massive generational divide marks 'Brexit' debate

One survey found that 75% of those 18 to 24 want Britain to stay, but 67% of those over 65 favor a "Brexit" — British exit. The figures exclude those who don't know or say they won't vote.

“Older people are much more likely to stress the importance of immigration and issues relating to sovereignty,” while young people are mostly concerned about jobs and the economy,
177  Politics, Religion, Science, Culture and Humanities / Politics & Religion / European matters, Germany 2017 elections, European Central Bank on: June 03, 2016, 07:54:49 AM
Right now we look at the British EU exit vote but the whole German-European question is even harder to understand.  Germany is the stable economy of the EU, holding up places like Greece.  What does Germany gain from it?  Export markets, for one thing but wouldn't they have that anyway?

Just like the monetary question here, zero interest policy hurts savers.  Zero interest rate policy hurts Germany.  But Germany doesn't have a central bank; they are part of a union of 19 nation-states.  the immigration explosion some saw as a demographic opportunity will be called in question by the voters.  The political direction of Germany could change next year and those who pursued nonsense and danger might find themselves out.

Worthwhile read, accept for their misguided advice to re-energize their economy through increased spending.

Germany's 2017 Election Is Already Rattling

Behind the war of words between Berlin and the European Central Bank is a convergence of problems that might have repercussions for all of Europe. Both sides have a point. The fact that next year will see elections in Germany is creating unnecessary nervousness.

After months of taking repeated drubbings by leading German politicians, European Central Bank President Mario Draghi decided to strike back. In a stinging and seldom seen rebuke, issued in response to charges that the ECB is hurting the German economy, the fiercely independent institution released a research paper documenting how it isn't the ECB's monetary policy that is hurting Germany, but rather the domestic policies of successive German governments.

Draghi has been excoriated relentlessly by German Finance Minister Wolfgang Schauble for allegedly depriving German savers and pensioners of money by way of the ECB's expansive monetary policies, which have depressed interest rates. Schauble went so far as to say that Draghi's decisions to pump billions of euros into the European money market were pushing voters to populist parties.

On May 30 Schauble reiterated his warnings about the ECB. The rebuke came just one year ahead of general elections in Germany.

The ECB's research paper opines that Berlin's investment policy (or the lack thereof) is at fault. The Bank reasons that a dearth of public investment into the country's infrastructure, research and development, and German consumer spending in general is holding back the German economy.

In short: Because the ECB is keeping interest rates low, it is much easier for the German government to take on cheap loans -- something which it can easily do, since it has a budget surplus and national debt is declining fast -- and invest, thereby boosting the domestic economy.

Ramifications for all of Europe

The outcome of the debate between the ECB and Berlin is all the more important because Germany has a current account surplus thanks to its strong exports. As one economic truism goes: One man's gain is another man's loss.

Yet a country's economy cannot live on exports alone; it also needs to enthrall consumers into buying more German products, which will also aid supplier countries to Germany. If German consumers buy more products, so the ECB argues, the economies of European countries where those products are partly produced or assembled will benefit, thus lifting the entire European economy.

The ECB's reasoning in this case fits right in with what many economists have been saying for years: that the German consumer needs to boost all of Europe by buying European. So far the German government has resisted pressure to dig into its pockets and boost domestic spending.

Yet on the other hand there is a case for Berlin's point of view. Germany's leaders realize that further down the line, the country is facing enormous problems.

Germany is a demographic time bomb. Germans will be leaving the labor force in droves in the coming years, straining the German collective welfare state. There are simply too many people reaching retirement age and too few young people picking up the tab, especially to finance the country's cherished healthcare system. This while the German pensions system isn't sufficient for Germans to keep up retirement incomes equal to their expenditures.

So Germans like to save for their retirement. Low interest rates on their savings are making a lot of elderly Germans understandably nervous as their retirement looms closer.

This economic reality helped push Angela Merkel's open-door policy for refugees. She aims to quickly integrate approximately 1 million refugees into the German labor force. This new blood will hopefully help to pay the bills.

The war of words between the ECB and Berlin shouldn't need to be a matter of either-or. While the ECB agrees that in the short term, interest rates are depressed by the Central Bank's expansive monetary policy, in the long run, smart public spending by the German government, such as in its truly ailing infrastructure, should lift all boats -- in Germany and Europe. People in other European countries will have more money in their pockets with which to buy German products in the years to come.

It's just that it is a tough message to sell for Angela Merkel's CDU party with a new populist, pro-savers party in the shape of the popular Alternative fur Deutschland breathing down her neck in the upcoming election campaign. Expect more artillery barrages between Berlin and the ECB until the voting booths close.
178  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: The World retains its' ability to surprise: MSNBC goes after Hillary HARD on: June 03, 2016, 07:33:36 AM

From that video, as I saw it,

They had a lineup of liberals and they all agreed she lied. 

Inspector General report concluded she violated the Federal Records Act by not turning over all official emails when she left office.  There was no evidence she ever asked for or received permission to use her personal server for official business.

All these sympathetic journalists agreed they don't know how she goes forward politically.

Chuck Todd, host of Meet the Press, 'said she couldn't be confirmed as Attorney General right now'.

Hillary Clinton:  "I don't want any risk of the personal being accessible."

But her personal was official business, repeatedly intertwining her foundation activities with US government business.
179  Politics, Religion, Science, Culture and Humanities / Science, Culture, & Humanities / Re: Economics, Larry Elder, On Inequality on: June 03, 2016, 07:15:42 AM
Larry Elder puts to words what we all know but some want to deny.

Is there a more brain-dead concept than to empower the government to fight "income inequality"? What sane, normal, rational human being thinks that human talent, drive, interests and opportunity can -- or should -- result in equal outcomes?

Despite my love of athletics, I knew in third grade that my friend, Keith, could run much faster than I could. For two years I played Little League ball, and I got better at it. But no matter how hard I tried or how many hours I spent, I could not hit, run or throw as well as my friend Benji.

Later in life, I started playing tennis, and I became quite passionate about it. But most of the people I played against had started playing years earlier, and most had taken lessons for years. I got better, but given my competitors' head start, the gap remained.

Financial planners advise clients to start early and stick to some sort of game plan. Is there any wonder that those who do so will have more net worth than those who started later, or who lacked the discipline to follow and stick to a plan? How is government supposed to address these "unequal" outcomes?
Most entrepreneurs experience failure before hitting on an idea, concept or business that makes money. Even then, it takes 20 to 30 years of long hours and sacrifice, along with occasional self-doubt and a dollop of luck, to become a multimillionaire.

I recently saw a movie starring Cate Blanchett. She is a very good actress, but she is also strikingly beautiful. Is there any doubt that her good looks, over which she had no control, are a factor in her success? Is it unfair that an equally talented actress, but with plain looks, will likely have an "unequal" career compared with that of Blanchett?

Speaking of acting, most who venture into that field do not become successful, if success is defined as making a living as an actor. These overwhelming odds still do not deter the many young people who flock to Hollywood every year to "make it."

Had a would-be actor dedicated that same drive and personality to some other profession, success would have been more likely, if less enjoyable. Should the government intervene and take from the successful non-actor and give to those who unsuccessfully pursued a long-shot acting career? An ex-actor told me of her recent lunch with a friend she had met when they both left college and pursued acting. While the ex-actor moved on to a different, successful career, her friend stuck to acting, through thick and thin. The actor informed her friend that she recently turned down a commercial. Why? What struggling actor turns down this kind of work? Turns out, through some sort of "assistance" program, said the friend, the state of California is "assisting with her mortgage." She has no obligation to repay the money, and she will continue to receive the assistance as long as her income is not above a certain level. How does this strengthen the economy? The ex-actor, through her taxes, subsidizes the lifestyle of the actor, who admits turning down work lest she be denied the benefits.

But this is exactly the world sought by Bernie Sanders -- a government that taxes the productive and gives to the less productive in order to reduce "income inequality."

In the real world, two individuals, living next door to each other, make different choices about education, careers, spouses, where to live, and if and how to invest. Even if they make exactly the same income, one might live below his or her means, prudently saving money, while the other might choose to regularly buy new cars and fancy clothes and go on expensive vacations. Is there any question that the first person will end up with a higher net worth than the latter? Is their "inequality" something that government should address?

Although Beyoncé is a good singer, is there any question that there are others with superior voices? But Beyoncé is also blessed with "unequally" good looks, charisma and perhaps better management -- maybe better than the other two ladies in her musical trio, Destiny's Child, whom she once sang with. Three singers, in the same group, have had "unequal" outcomes.

Communism, collectivism and socialism rest on the same premise -- that government possesses the kindness, aptitude, judgment and ability to take from some and give to others to achieve "equality." Karl Marx wrote, "From each according to his ability, to each according to his needs." And that's the problem. The statement implicitly acknowledges that some have more aptitude, drive, energy and ability than others. To take from some and give to others reduces the initiative of both the giver and the givee.
This is the fundamental flaw with income redistribution, the very foundation of communism, socialism and collectivism. One would think that Bernie Sanders would have figured this out by now. But wisdom among 74-years-olds, like outcome, is not distributed equally.
180  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: The war on the rule of law on: June 02, 2016, 02:58:10 PM
[DM] "One point first, the constitution spells out the requirements to be President and the requirement of the Vice President are the same, eligible to be President, and Title 19 of the US Code doesn't come above that.  So this law means she is banned and barred from holding any office in the United States - except President or Vice President." 

Crafty]  Disagree.  I think the C. is setting out the minimum requirements here; the requirements listed are not meant to be an exhaustive list.

Very interesting.  My view above is based on my opinion, not necessarily legal ruling.  Crazy, but I believe one Congress cannot bind a future Congress, for example, notice how they ignore Humphrey Hawkins and laws that required budgets to be introduced and passed on a particular schedule.  To me, same goes for Title 19 etc.  Congress and Pres of 1960s do not limit who can run for President in 2016.  We have an amendment process for that and it requires 4/5ths of the state legislatures, not a majority in congress plus a Presidential signature.

Even if you went with my view that only the constitution can limit her eligibility to be President, it should be damaging enough that she is banned from any lower office and that her entire inner circle is ineligible for re-hire to staff positions because they conspired to commit the same crimes.
181  Politics, Religion, Science, Culture and Humanities / Politics & Religion / What can be learned from the crisis in Venezuela on: June 01, 2016, 10:45:48 AM
I hope Denny is well and has a plan in place to get through this, and I wish the best for all who have to deal with the man-made tragedy of the Venezuelan economy

Venezuela is facing a human tragedy.  People can't buy basic things, according to so many reports.  They are facing a near total breakdown of all things economic.  The crisis brings immediate questions, what can be done right now to survive this, and longer view questions, why did this happen?

"Maybe they went too far."  [with socialism and statism]  That is the best answer I have heard from the left here as to why socialism failed Venezuela (yet we keep pursuing same or similar policies here.)

If economic freedom is the engine of propulsion, then social programs, centralized authority and cronyism are the brakes.  When the brakes are stronger than the engine, the system halts.  There is a limit to how badly you can cripple your private economy without stalling it and there is a limit to how heavy of a load it can carry.  Don't cripple production and weigh down the load at the same time, but isn't that the way these things go?

Zero growth, like we have in the US, is not the limit of dysfunction.  Zero production is.  In a closed system, zero production means death, literally.  Venezuela doesn't have zero production, but they have real qand significant decline that has the potential to spiral further downward.  When you don't have electricity, water, gas, food or even rule of law, you can't produce if you want to. 

In the US, we have the contention of a formerly dynamic private economy fighting against the weight of an ever-growing public burden.  The corporate tax rate is the highest in the world, and that is just one of the burdens slwoing activity and chasing out capital.  The number of people on food stamps doubled in recent years, and that is just one indicator that the weight of the load is increasing.  We have a some economic freedom left and some rule of law remaining.  After you are quadruple taxed and quadruple taxed again, you are free to keep the remaining fruits of your labor, and keep your factory open if you pay overtime healthcare and the like.

The strength remaining in our weakened private economy is about equal to the weight of the anchor we carry in this period of zero growth.  Our anchor will pull us all the way down if we add more weight to it or lose another ounce of strength.  We don't have any more room to do things any worse and not face collapse and crisis.

In Venezuela, they did all those things we hypothesize about in the heated talk about income or wealth inequality.  They cut out the capitalists, gave the money to the people [and to government and to the cronies], right up until they ran out of people to take from.  As Margaret Thatcher correctly observed and predicted, they ran out of other people's money.  Now we see how well a central authority replaces a free market. 

This time, as always, Socialism failed.
182  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: The war on the rule of law on: June 01, 2016, 09:25:17 AM

One point first, the constitution spells out the requirements to be President and the requirement of the Vice President are the same, eligible to be President, and Title 19 of the US Code doesn't come above that.  So this law means she is banned and barred from holding any office in the United States - except President or Vice President. 

1)  She "willfully, unlawfully, concealing and removing, or attempting to conceal or remove"
        30,000 documents removed from server under her direction, hidden from oversight

2) "any record, paper, document, or other thing [ELECTRONIC MAIL (EMAIL)]

3)  with "any public office"  [Secretary of State]

Is there a gray area here?  She didn't "attempt to remove or conceal"?  These aren't "other things" like papers and documents?  Sec State is not a "public office"?

US Code provides that:  Shall be fined and / or imprisoned. 

Within the law above, either or both, fined and imprisoned, is a legal choice; neither is not.

Whoever it is [U.S. Attorney General and the President] that is charged with fining or imprisoning her [at least bringing charges] should also face a consequence for refusal to perform the duties entrusted upon them.  Even President Nixon's cabinet understood the choices available to them, do your job or resign your office.  Too bad we don't use the impeachment process more often for office holders who don't and won't enforce the laws that apply to the executive branch.
183  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: Rubio surprises on: May 30, 2016, 09:51:46 PM

I wonder if Rubio's speech at the convention will lead a few to think they nominated the wrong one.
184  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: 2016 Presidential on: May 30, 2016, 09:30:19 PM
Don't worry Hill.  Bill Kristol to the rescue with a third party candidate. Presumable perrenial losers from the Romney family.

Seems like they have a timing issue.  There was a window of time to advance other candidates. 
185  Politics, Religion, Science, Culture and Humanities / Politics & Religion / One of the Statutes that Hillary broke on: May 30, 2016, 09:14:13 PM
186  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: US troops are on the ground in Yemen on: May 29, 2016, 08:22:18 AM
187  Politics, Religion, Science, Culture and Humanities / Science, Culture, & Humanities / Nature, animals and race relations? Grizzlies and Polar Bears are now mating on: May 27, 2016, 03:50:17 PM
To me this looks like race relations; to the authors it is a climate change story. 

"Grizzlies and polar bears are now mating"
188  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Bernie Sanders [vs. Doug] on monetary policy on: May 27, 2016, 02:40:35 PM
Bernie's opinion on Fed policy.  [My responses.]  We need to be able to answer Bernieconomics to his supporters and to young people before these ideas get accepted any further.

This is from Bernie's own website, posted during this campaign, written by his staff member, and still up on his site as his view.

In Troubled Times, the Federal Reserve Must Work for Everyone

[In troubled times?  This is 7 1/2 years into the Obama recovery!"]

It’s been a chaotic few days for the world’s markets. Recent events do not paint the picture of a stable economy guided by rational minds. Instead, the world of global finance looks more like a playground in need of adult supervision.  [I would like to come back to this point, "a playground in need of adult supervision".  The description better fits watching Socialists putting zero interests rates on a centrally planned, government controlled and intervened economy.]

Like other nations, we have a central bank. What should the Federal Reserve do in troubled times? For that matter, what is the Fed’s role in preventing them from occurring in the first place?  [What role did the Fed play in CAUSING troubled times?]

It’s true that many of the causes of the recent stock market turmoil are global, rather than domestic. But those distinctions are becoming less important in a world of unfettered capital flow. Regional markets, like regional ecosystems, are interconnected.

Europe is struggling because of a misguided attachment to growth-killing austerity policies. Like Republicans in this country, Europe’s leaders are focused on unwise government cost-cutting measures that hurt the overall economy.
 [Government is too small in all places where it is too big?  That is his diagnosis of the causes of all troubles.]

China’s superheated markets [private sector failure is the main problem in a communist country?] have experienced a sharp downturn, and its devaluing of the yuan [agreeing with Trump] is likely to affect American monetary policy. Many of the so-called “emerging markets” are in grave trouble, their problems exacerbated by an anticipated interest rate hike from the US Fed.  [The anticipated and actual hike was 00.25%!

Plunging crude oil prices are a major factor in the events of the last few days. [Plunging oil prices are great for people - unless you are rich and own an oil company.] But questions remain about the underlying forces affecting those prices. Demand is somewhat weaker [a further indication that Obama's policies similar to Sanders' policies have led to a weakened economy or recovery], and Saudi officials are refusing to cut production. [We have been fighting OPEC for 40 years; now we want them to cut production??] But there is still some debate about whether these and other well-reported factors are enough to explain the fact that the price of a barrel of oil is roughly half what it was just over a year ago, in June 2014. [The only good news in the Obama economy.]

American Turmoil

Talk of recovery here in the US has been significantly dampened by events of the last several days. The now-interrupted stock market boom had been Exhibit A in the case for recovery.  [Since that time, the stock market has been fine.  In income inequality-centric thinking, I thought rich people losses were good and gains were bad...]

Exhibit B was the ongoing drop in the official unemployment rate. There, too, signs of underlying weakness can be found. The labor force participation rate remains very low for people in their peak working years, as economist Elise Gould notes, and has only come back about halfway from pre-2008 levels. Jared Bernstein notes that pressure to raise wages, which one would also expect in a recovering job market, also remains weak.  [Lousy recovery, no recovery as we have been saying here.]

All this argues for a rational and coordinated policy [All problems require bigger government intervention, even those caused by bigger government intervention.], one in which the Federal Reserve and the US government act together to restore a wounded economy. [As they have been doing, making things worse and kicking the can of finding real answers to real problems further down the road.] What would that look like?

It would not include raised interest rates – something that nevertheless continues to be a topic of serious discussion. [This is the central point of Bernie's monetary non-policy.  He favors zero interest rates in all conditions.  If the time value of money is zero, isn't the value of money eventually zero?  He opposes savings, investment and accumulation of wealth.  Come back to this point.  What really do you favor when you oppose lower income people beginning to save, invest and accumulate wealth?] As Dean Baker points out, China’s currency devaluation alone should have been enough to take that idea off the table. What’s more, as Baker rightly notes, such a move would only make sense if the Fed “is worried that the US economy was growing too quickly and creating too many jobs.”  That’s a notion most Americans would probably reject as absurd. Most are not seeing their paychecks grow or their job opportunities multiply.

Anxiety about inflation, while all but omnipresent in some circles, is not a rational fear. [QE while GDP is stagnant IS inflation, it just doesn't show up immediately in price levels.] A slow rise in prices (0.2 percent in the 12 months ending in July, as opposed to the Fed’s recommended 2 percent per year) tells us that inflation is not exactly looming on the horizon.  [Inflation is the expansion of the money supply relative to GDP.  Price levels lag where there is low demand and low velocity of money. A distinction lost by the author.]

Now what?

“Everything is going to be dictated by government policy,” the chief investment officer of a well-known investment firm said this week. In that case, isn’t it time for a national conversation about that policy?

Another investment strategist told the Wall Street Journal that today’s challenges come at a time when “global central banks have exhausted almost all their tools … It’s difficult to see how central banks come in to support markets.”

If they’ve exhausted all their commonly-used tools, it may be time to develop new ones – not to support “markets,” but to promote jobs and growth for everyone.

First, do no harm. The Fed needs to hold off on any move to raise interest rates. [But zero or artificially low interest rates ARE doing harm!] But inaction is not enough. It was given a dual mandate by Congress: to stabilize prices and keep employment at reasonable levels.

Activist groups like the “Fed Up” coalition, led by the Center for Popular Democracy, are working to move the Fed toward that second objective. They’ve been pushing to change its governing boards, which are heavily dominated by big banks and other major financial interests, and have called for policies that focus on improving the economic lives of most Americans.

Those policies could take a number of forms. One idea comes from Jeremy Corbyn, the populist politician who’s on track to become the next leader of Great Britain’s Labour Party. Corbyn’s economic plan includes “quantitative easing for people instead of banks.” Corbyn proposes to grow the financial sector in a targeted way, by giving the Bank of England (the UK’s version of the Fed) a mandate to “invest in new large scale housing, energy, transport and digital projects.”  [Invest WHAT? Private savings ended due to same policies.  Governments are at their limit of deficit.  Borrow more, FROM WHOM?  Print money?  That doesn't make what you have or will earn or get paid worth more!]

A headline on the website of the Financial Times says (with apparent surprise) that “Corbyn’s “People’s QE” could actually be a decent idea.”

Corbyn also proposes to “strip out some of the huge tax reliefs and subsidies on offer to the corporate sector.” ['Our side' agrees with the ending of giving preferential treatment to government cronies in exchange for lowering the burden on everyone.] The added revenue would go to “direct public investment,” including the creation of a ‘National Investment Bank’ to “invest in the new infrastructure we need and in the hi-tech and innovative industries of the future.”  [This is based on false theory that taking more from the private sector to give more to the public sector creates an improvement for whatever part of America he is purporting to be helping.]

“Qualitative” Easing

Call it “qualitative,” rather than “quantitative,” easing. It would increase the money supply, but for money that is to be invested in the real-world economy – the one that creates jobs, lifts wages, and creates broad economic growth.  [Changing the words without changing the policies.  In the same sentence he says qualitative expansion is quantitative expansion sold better.  No distinction from why current policy makers are executing current policies.  If you leave interest rates at zero, you are helping the wealthy who happen to own corporate stock in pre-existing companies listed on the Dow, S&P etc.  We already saw that.  We already did TARP, shovel ready projects, cash for clunkers...  Doing more of the same will bring different results?!!]

Could something like Corbyn’s plan ever happen here? There’s no reason why not. [We are already doing it.]  The Federal Reserve wasn’t created by bankers, nor is it there to serve bankers – although a lot of people inside and outside the Fed act as if it were. (The choice of a former Goldman Sachs executive for its latest major appointment won’t help change that.)

The Federal Reserve was created by the American people, through an act of Congress. Its governors and its policies are there to protect and serve the public. The Fed should use its oversight capabilities to ensure that banks don’t behave in a reckless manner or help private funds and other unsupervised institutions to behave recklessly.

We are still paying the price for allowing big-money interests to dominate both lawmaking on Capitol Hill and monetary policy at the Federal Reserve. That must change. Congress and the Fed, acting together, should ensure that our nation’s policies benefit the many who are in need of help, not the few who already have more than they need.

[This is like we did telling commercial banks to make loans based on criteria other than creditworthiness.  Now we will ask our Fed go further in pursuit of policies other than managing the value of our money.  This has worked when?  Where?]
189  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: Watch Bernie Sanders panic at this question on: May 27, 2016, 12:22:02 PM

Q: "How do you explain the failures of socialism in Venezuela, Brazil and Argentina?"

A: "Of course I am interested and have an opinion but I am focused on my campaign [to implement those same policies here]."


Maybe DT with help from advisers can draw this out of Bernie in their debate.  The answer is simple.  Those policies lead to failure.  Anyone who looks can see that.

190  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: Professional Journalist Katie Couric! on: May 27, 2016, 12:08:16 PM
Excellent coverage of this!  (Here in this Federalist / G M post I mean, not in the press.)

"It’s a stunning betrayal of journalistic ethics.  This willful and malicious doctoring of evidence to support an agenda..."

The AGENDA is the point.  Subtle bias in every story in every outlet is worse.  This just blows the whole thing into daylight for everyone - who doesn't care anyway - to see.  This is not just bad journalism, like sloppy or lazy or made a mistake.  This isn't journalism at all.  An infiltration of leftist activists into our institutions has been discovered and exposed.  It was a total and complete, hostile takeover. Like Walter Cronkite and Dan Rather before her, she was the face of the CBS evening news and they all did it in their own way, night after night.  Leftists took over our most trusted institutions, from the face of our news, to our k-12 teaching and college professors, to our DOJ and our IRS.  There was a war and we lost by not showing up.  It isn't that that favor one side or the other; they are acting to undermine the foundation on which the country was formed, the Second Amendment in this case, life, national security, war and our other freedoms in other cases..  It isn't that this one incident was blatant; it is that the sum total of this is treasonous.  My humble opinion.
191  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: China reopening Silk Road? on: May 27, 2016, 07:19:05 AM

(subscriber content.)   Another look:
192  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: Here is a free one for late night on: May 27, 2016, 07:06:52 AM
quote author=ccp link=topic=2177.msg96366#msg96366 date=1464347096]
Thanks for the post on the movie
It sounds like Oscar material -
no not that Oscar.
I mean Oscar Myer Wiener!

)    A look inside a most famous marriage that no one wants to look inside!

The author of the article is Judith Miller of New York Times and Valerie Plame fame.
193  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: The Cognitive Dissonance of the left, Huma and Weiner on: May 27, 2016, 12:12:48 AM
194  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: Tom Cotton unloads on Mr. Cleanface on: May 26, 2016, 11:24:11 PM

Wow.  Not often you hear truth.
195  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Reason Magazine, 5 Ways Capitalist Chile is Much Better Than Socialist Venezuela on: May 26, 2016, 04:31:33 PM
Re-posting this with greater detail.  I think this is important!  Two countries went different directions economically and we have results to compare.  Not all other things are equal, Chile has a population 17 million, Venezuela 30 million, but they have conducted a pretty good experiment.  Chile started much poorer and socialist, and are now freer, richer and healthier.  If the socialist country was outperforming the freer country, you can bet we'd be hearing about it!

5 Ways Capitalist Chile is Much Better Than Socialist Venezuela

May 24, 2016
The story of Chile’s success starts in the mid-1970s, when Chile’s military government abandoned socialism and started to implement economic reforms.
In 2013, Chile was the world’s 10th freest economy.
Venezuela declined from being the world’s 10th freest economy in 1975 to being the world’s least free economy in 2013 (other than North Korea).

1. As economic freedom increased, so did income per capita (adjusted for inflation and purchasing power parity), which rose from being 31 percent of that in Venezuela to being 138 percent of that in Venezuela. Between 1975 and 2015, the Chilean economy grew by 287 percent. Venezuela’s shrunk by 12 percent.

2. As its economy expanded, so did Chile’s ability to provide good health care for its people. In 1975, Chile’s infant mortality rate was 33 percent higher than Venezuela’s. In 2015, almost twice as many infants died in Venezuela as those who died in Chile.

3. With declining infant mortality and improving standard of living came a steady increase in life expectancy. In 1975, Venezuelans lived longer than Chileans. In 2014, a typical Chilean lived over 7 years longer than the average citizen of the Bolivarian Republic.

4. Moreover, more Chileans of both sexes survive to old age than they do in Venezuela. As they enter their retirement, the people of Chile enjoy a private social security system that was put into place by Cato’s distinguished senior fellow Jose Pinera. The system generates an average return of 10 percent per year (rather than the paltry 2 percent generated by the state-run social security system in the United States).

5. Last, but not least, as the people of Chile grew richer, they started demanding more say in the running of their country. Starting in the late 1980s, the military gradually and peacefully handed power over to democratically-elected representatives. In Venezuela, the opposite has happened. As failure of socialism became more apparent, the government had to resort to ever more repressive measures in order to keep itself in power—just as Friedrich Hayek predicted.

Marian L. Tupy is a policy analyst at the Cato Institute’s Center for Global Liberty and Prosperity and editor of
196  Politics, Religion, Science, Culture and Humanities / Science, Culture, & Humanities / Re: Diabetes 2 reversed in rats with a single shot on: May 26, 2016, 04:09:11 PM

I didn't know Type 2 Diabetes in rats was a major issue.  wink

Let's hope our speedy, streamlined, patient health oriented FDA makes this available to humans as well!
197  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: Sen. Bernie Sanders, Monetary Policy on: May 26, 2016, 10:48:38 AM
I am studying Bernie Sanders' views on monetary policy.  We need to learn all we can about Bernie and the Bernie phenomenon before it soon ends and becomes even more irrelevant. 

There is a viral Sanders video going around of Bernie ripping Alan Greenspan in about 2003-2004:

This is clipped to make Bernie look good (and angry).  He is taking off on things Greenspan said about the economy being good but it wasn't good then for working people and then-Rep. Bernie let him have it.  We had just come out of the Clinton / 911 recession and they were looking at data prior to the Bush tax cuts fully taking effect.

I take from the context that Greenspan was tempted to raise interest rates as the economy rebounded that were being held artificially low then, like today, and that Bernie wanted them left at near zero.

As stated elsewhere, that means Bernie at least unknowingly favors zero savings, zero new investment, zero productivity growth and zero wage growth.  It also means he favors higher income inequality because the cheap and easy money favors rich who can take advantage of it more than the poor who can't.

Bernie favors the part of the Fed Dual Mission that people here tend to oppose, that the Fed should focus more on employment where it has virtually no effect than on inflation where it has primary control.

That Bernie doesn't get capitalism isn't a shock.

On the other side of it, he is one of the most credible voices against big bank, big corporate, bug government cronyism.  I have always believed there are areas where the far left and the more libertarian, freedom loving, level playing field side can find agreement.

In hindsight, the Fed made a GIANT mistake in the mid-2000s by flooding the economy with money during the bubble years that led to the crash.  Bernie Sanders would have gone further than Greenspan with that catastrophic error.
198  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: Donald Trump on: May 26, 2016, 10:26:55 AM
1. Update for Pat who can't resist sneaking a peak at the forum, I now know two people who support Trump.  Pat and my sister-in-law who said she likes Trump and has liked him from the start.  She also liked his TV show which I think is an under-appreciated part of his media experience and appeal.  Her support I think is not directly about issues but about strength of personality to stand up to the elected politicians currently screwing everything up.  The number of people I know supporting Trump could jump to 3 or 4 as I touch with conservative cousins over the summer.  Must of the rest of my family voted for Rubio without much push or pull from me.  Some liked Scott Walker but that choice was gone before we voted here.

2.  The tax problems in the previous post look pretty trivial, disputes totaling 13,000 over many companies dealing with dollars in the trillions.  The tax law is open to interpretation and the IRS is the side wrong plenty often.  Trump cos. could just pay that if they didn't want to dispute it.  Trump is never going to open his private dealings beyond what is leaked or visible from the outside.  Hillary jumped on the bankruptcy aspect, but that charge didn't hurt him in the primaries and isn't new anymore.

3.  What is up with Trump attacking Susana Martinez, Governor of New Mexico?  Woman, Hispanic, head of the Republican Governors Association, re-elected with 57% of the vote in a swing state, get a grip! It looks like loose cannon material but it has to be intentional.  Punishing her for not jumping on board and sending a message to others?  Whatever happened to humbly asking people for their support, politics of the past?
199  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: US-China (& Japan, South China Sea-- Vietnam, Philippines, etc) on: May 26, 2016, 10:06:20 AM
Nice response.

" compares who is generating more patents. Relevant I suppose, but with the Chinese stealing out trade secrets and ignoring our patent rights to our face, just how significant is that really?"

Within that observation is the fact they are actively conducting cyber warfare against us.  so... we aren't driving our innovation forward at all like we could be while they are catching and passing us in terms of raw size of the economy.  They are more motivated militarily, less restrained and have far more manpower available.  Project that forward and they can have twice the arsenal and fleet based on our last years' technology, while ours at half the size will also be based on last years' technology.

It comes back to a previous point, the constraint they face now seems to be business relations, not fear of President Obama led military response. 

To me, this rivalry isn't about China who has its own problems.  It is about unleashing America's economic growth engine if we don't want others to surpass us economically, technologically, militarily or to simply implode from within.
200  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: The War on Drugs on: May 25, 2016, 06:18:22 PM
Funny enough, the people with medical Marijuana cards in Colorado seemed to be 20-somethings with dreadlocks and the sort of terminal illness that allows you to snowboard 5 days a week.

Might also want to cross check disability payments and food stamps with the snowboarder season pass rolls.  Not a bad life...  And now free health care as long as you don't work.
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