[youtube://http://www.youtube.com/watch?v=L_-N9_tnWBo 450 300]Comments »
So Magic Johnson’s son came out of the closet today (or yesterday, wTF, I don’t know) and that’s what he looks like. I couldn’t care less about his orientation, whether he enjoys to play with balls in the mud or not. But WTF is Magic Johnson’s son doing looking like a fat drag queen?
I do believe a DNA test is in order for Magic and the mother of this donut lover. Perhaps they can go on Maury Povich and hash it out.Comments »
You can’t call 1000’s of people conspiracy theorists….can you ?
This documentary has a collection of highly respected people from all walks of life.
Professionals in their own right who collectively stand as one to ask simple questions that have yet to be answered.
Cheers on your weekend![youtube://http://www.youtube.com/watch?v=8XRMrMdn0NQ 450 300] Comments »
[youtube://http://www.youtube.com/watch?v=BFg6FG8MVdo 450 300]Comments »
CRAZY TASTE !
“The food fraud story has now progressed from somewhat humorous with the undersized Subway footlong subs, to the highly disturbing with the revelations of horse meat and fake tuna, to the really creepy with the now potential emergence of dog meat in UK lamb curry. No you can’t print lamb folks, which is exactly why many humans are now eating worse than their pets in the Western world.
A mystery meat, which has defied the best efforts of scientists to identify it, has been found in a lamb curry as part of an investigation into food fraud.
The discovery raises new questions about just what is going into the nation’s takeaways and processed foods.
The meat in a Beef in Black Bean Sauce dish turned out to contain high levels of chicken material including blood, while a burger contained no beef at all, other than blood and heart.
However, most alarming of all was a curry. A spokesman for the programme said: ‘Just when we thought things couldn’t get any worse, the results came in for an Indian Lamb Curry.
‘It did contain meat, but that meat was not lamb, not pork, nor was it chicken or beef. Not horse, and not goat either.
All of the many tests to date by the lab used by the programme have failed to identify exactly which animal was the source of the meat.
The revelation raises many grim possibilities. There is evidence from Spain, for example, of meat from dog carcasses being processed for use in pet food….”
It is now the tenth anniversary of the Iraq war; and what we have learned thus far is nothing more than plain sad.
Not sure why we hire liars.
Not sure why we move on after being duped.
Let’s us pray that a super power never becomes strong enough to do what we do to others.
Cheers on your weekend![youtube://http://www.youtube.com/watch?v=ofocNRUWOQk 450 300] Comments »
“Local government workers in the central Missouri town of Windsor (population: 3,000) have been forced to bring their own toilet paper to work, due to budget constraints.
City administrator Sandra Underwood was accused of instructing male public works employees to bring their own TP, claiming the workers were using far more paper than female employees. Underwood denied the charge.
[youtube://http://www.youtube.com/watch?v=PEPgA4ZQf0U 450 300] Comments »
“DETROITFederal safety regulators are investigating reports of fuel leaks in about 250,000 Mercedes-Benz E-Class cars.
The National Highway Traffic Safety Administration and Mercedes have received 533 complaints from owners about a strong odor of gasoline, mainly after refueling. The agency says fuel may be leaking from the upper part of the gas tank….”Comments »
[youtube://http://www.youtube.com/watch?v=Nej1kjnt5cY 450 300] Comments »
“A 1994 Oregon Republican gubernatorial candidate, Craig Berkman, was charged with fraud today by the U.S. Securities and Exchange Commission (SEC) for a “Ponzi-like scheme” around last year’s initial public offering of stock in Facebook Inc. (NASDAQ: FB). An associate of Berkman’s was also charged with aiding and abetting in the violations.
Berkman, who now lives in Florida, raised $13.2 million from 120 investors by selling shares in limited liability companies he owned that he claimed would either acquire pre-IPO shares of social media companies, acquire pre-IPO shares of Facebook, or acquire a company that already owned pre-IPO shares of Facebook.
“U.S. futures regulators are looking into whether high-speed traders indulged in “wash trading,” a strategy in which they improperly buy and sell futures contracts without taking a position in the market, The Wall Street Journal reported, citing people familiar with the probes.
The Commodity Futures Trading Commission (CFTC) is investigating suspected wash trades by high-speed firms in futures contracts tied to crude oil, precious metals, agricultural commodities, and the S&P 500, among other underlying instruments, the people told the Journal.
Wash trades are banned under U.S. futures law.
Regulators are concerned the exchange systems are not sophisticated enough to flag or stop wash trades, the people said.
“We actively enforce rules prohibiting wash trading, and we are in the process of developing technology to prevent wash trades as prohibited by CME and CFTC at the trading-engine level,” a CME spokeswoman told the Journal.
CME plans to introduce new technology in the middle of this year, she said….”
Oregon Seismic Safety Policy Advisory Commission: Claims Earthquake Imminent, $32+ Billion in Damages and 10k Dead Possible
“Researchers say a massive earthquake and tsunami could soon strike the Northwest US coast, killing more than 10,000 people, flooding entire towns, and causing economic damages totaling $32 billion.
An alarming report published by the Oregon Seismic Safety Policy Advisory Commission warns about the dire effects of the quake and claims that it is imminent and could strike anytime. The report, which was compiled by a group of more than 150 volunteer experts, was requested by the Oregon legislature in order to adequately prepare for the looming disaster.
The last high magnitude earthquake in the region occurred in the year 1700 in the Cascadia Subduction Zone. The quake had a magnitude between 8.7 and 9.2, and geologists in 2010 predicted that there is a 37 percent change of another such quake occurring within 50 years. The new report claims that there is a 100 percent chance of a monster earthquake occurring in the region – but scientists don’t know when.
“This earthquake will hit us again,” Kent Yu, an engineer and chairman of the commission, told lawmakers. “It’s just a matter of how soon.”
Jay Wilson, vice chairman of the commission that put together the report, told AP that “we’re well within the window for it to happen again.”
With no time frame for the predicted earthquake, Oregonians need to be constantly prepared for one. The report warns of death and devastation ranging from British Columbia to Northern California, the worst of which will strike Oregon.
“Oregonians as individuals are underprepared,” Maree Wacker, chief executive officer of the American Red Cross of Oregon, told AP…..”Comments »
These questions may soon be answered in court. Well-known French lawyer Isabelle Coutant-Peyre has met with Iranian officials planning a lawsuit against the makers and distributors of the controversial film.
Mohammad Lesani, General Secretary of Monday’s Hoax of Hollywood conference in Tehran, announced, “Argo is made by three film-producing companies in Hollywood…the Islamic Republic of Iran is going to sue all those who have been active in the anti-Iran domain, including directors and producers.”
If the makers of Argo are deposed under oath, they may be forced to reveal that their film — like the fictitious film-within-the-film — is a covert operation disguised as a movie. One of America’s leading experts on covert operations believes that Argo is the propaganda project of an intelligence agency or agencies, and that its purpose is to convince the American people to go along with Israel’s plan to drag America into a war on Iran.
That expert, Barbara Honegger, was a Special Assistant to the President as well as White House Policy Analyst (1981-83), and worked for over a decade as Senior Military Affairs Journalist with the Naval Postgraduate School, the premiere science, technology and national security affairs graduate research university of the US Department of Defense. The author of October Surprise, she is one of America’s leading experts on ultra-secretive covert operations or “black ops.”
In a radio interview Tuesday on the Kevin Barrett Show, Honegger stated that filmmaker Ben Affleck might one day be hanged for war crimes and treason – not only for Argo, which she said is designed to pave the road to war on Iran, but also for his role in the 2001 film Pearl Harbor, an earlier intelligence operation designed to pave the road to the 9/11 “New Pearl Harbor.” According to Honegger, Affleck – like his character in Argo – appears to be a covert operator posing as a filmmaker.
At the 2001 Golden Raspberry Awards, Pearl Harbor was nominated for six awards: Worst Picture, Worst Director, Worst Actor (Ben Affleck), Worst Screenplay, Worst Screen Couple, and Worst Remake or Sequel. This pathetic excuse for a movie cost over USD150 million. Whoever invested that USD150 million was not interested in making money – or even making a movie. Pearl Harbor had only one purpose: To spread the “Pearl Harbor” meme in the public mind in preparation for 9/11. In a sense, Pearl Harbor was like Argo’s fictional science fiction film-within-a-film: It was a fake movie, but a real intelligence operation….”Comments »
This 80-minute documentary focuses on the growing “wealth gap” in America, as seen through the eyes of filmmaker Jamie Johnson, a 27-year-old heir to the Johnson & Johnson pharmaceutical fortune. Johnson, who cut his film teeth at NYU and made the Emmy®-nominated 2003 HBO documentary Born Rich, here sets his sights on exploring the political, moral and emotional rationale that enables a tiny percentage of Americans – the one percent – to control nearly half the wealth of the entire United States. The film Includes interviews with Nicole Buffett, Bill Gates Sr., Adnan Khashoggi, Milton Friedman, Robert Reich, Ralph Nader and other luminaries.
Cheers on your weekend![youtube://http://www.youtube.com/watch?v=HmlX3fLQrEc 450 300] Comments »
From a design point of view, the Galaxy S 4 iterated from the Galaxy S III, while still offering a more streamlined, refined design. The screen is now 5 inches but the body of the device doesn’t feel much larger than the Galaxy S III. Moreover, Samsung made the device slimmer and stronger. Gone is the plasticky feel of the Galaxy S III; the Galaxy S 4 is light, but feels higher quality.
“Is pushing consequence forward the same as eliminating consequence? We will find out at some point in the near future.
Today’s project is to overlay The Global Endgame in Fourteen Points (February 15, 2013) on the classic cycle of credit/speculative expansion and credit destruction/speculative bust. My monthly video program host Gordon T. Long helpfully provided this chart of the modern credit cycle, which examines the Cycle of Deflation through the lens of financialization:
The key point being made in The Global Endgame is that the entire global economy is in the final stages of the “winter” cycle of credit destruction and collapse of phantom collateral. Let’s start with the 14 points:
1. “Boost Phase” of Credit Expansion
2. Overextended Credit Expansion and Over Capacity
3. Financialization and Collateral
4. Era of Financialization
5. Growing Malinvestment
6. Phantom Collateral from Asset Bubbles
7. Bubble Implosions
8. Impaired Debt and Policy Decisions
9. Stalled Consumption
10. Cheap Money Offered
11. Shrinking Loans and Bank Speculation
12. Search for Yield from Shrinking Pool of Productive Assets
13. Increasingly Speculative Investments with high Risk
14. Stagnation: Over-indebted, overcapacity with limited growth
The key dynamics here are debt saturation and diminishing returns: piling on more debt (i.e. borrowing more money) to stimulate spending only leads to fantastic excesses of speculation and mal-investment: $70,000 biopsies, $200 million fighter aircraft, $200,000 bachelor’s degrees, McMansions in the middle of nowhere, and so on.
The actual yield on all that borrowed money keep falling: ever-larger sums are borrowed and spent, but there are fewer jobs created and ever-diminishing returns of value created.
Even though central banks are holding interest rates near zero to enable governments to borrow vast sums, substituting debt expansion for actual value creation eventually leads to debt-serfdom as interest payments start crowding out all other spending.
All too soon governments and households alike are borrowing more just to pay the interest on the mountain of existing debt. This is the inevitable result of incentivizing credit expansion and speculation.
The central banks are attempting to nullify the cycle of credit expansion and destruction by buying much of the sovereign debt being issued by profligate, hopelessly insolvent governments. Left to the open market, interest rates would rise as the risk of massive debt expansion becomes undeniable.
Eventually, higher rates would pinch off borrowing or trigger default.
The central banks are playing an unprecedented game: suppressing interest rates by expanding their balance sheets, i.e. creating money, and buying vast quantities of government bonds.
This has given government leaders a free hand to keep borrowing more to avoid any politically painful limits on substituting debt for tax revenues. The expansion of central bank balance sheets is apparently painless and apparently consequence-free. So what if the Fed expands its balance sheet from $3 trillion to $30 trillion as it enables the debt-junkies to keep borrowing without limits?
Is pushing consequence forward the same as eliminating consequence? We will find out at some point in the near future: perhaps 2015, perhaps 2021.
Gordon T. Long and CHS discuss The Global Endgame (25 minutes, 30 slides)
Max Keiser and CHS discuss debtism, sickcare cartels and much more:
Keiser Report: Bitcoin Millionaires vs Paper Billionaires; CHS and Debtism