Keyword: screwed
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This morning, Dow Jones Industrial Average Futures Trading predicted a gain of over 130 points for the index at market opening . The US stock markets have been buoyed by news that trade tariffs could be eased or even rolled back.
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FOX Business @FoxBusiness #BreakingNews: @SpeakerRyan: Repeal & replace of Obamacare is off the table for 2017
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Hillary sent classified messages through the world wide Internet. The real issue is how many classified documents were sent as SMTP, and which routers on the Internet did each packet go through to reach its destination? Well, we cannot say, so we HAVE to assume any/all of them. And THAT, MY FRiends includes routers in Moscow, Beijing, Pyongyang (ha, if they have any—at least for Intel purposes I’m sure), Tehran, Havana, Mosul, etc., etc. Agencies/Identities can run bots on routers to pull all kinds of packets their way to further store and read them... They can run software against the...
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San Diego Local News Labels President Obama As Rape Suspect A local San Diego news station has found themselves in the spotlight after portraying President Obama as a rapist during a news report. The photo was displayed for five seconds until the error was noticed. Oops! Fox 5 San Diego ran a segment at about 10:04 p.m. where anchor Kathleen Bade said, “The only suspect in a sex assault at SDSU will not be charged.” At that time, a photo of Obama accompanied her spiel, appearing just above her left shoulder. The photo remained there for a five seconds, but...
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Did I just hear the woman say she's going to do 4-6%?
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From the healthcare.gov site: Can I buy a plan outside the Marketplace outside of the open enrollment period? Yes, but only if you have a special enrollment period. You get a special enrollment period if you lose other coverage or have a change in family status like a birth, divorce, or adoption. Otherwise, you generally have to wait until the next open enrollment period to buy a health plan inside or outside the Marketplace Can I buy a plan outside the Marketplace outside of the open enrollment period? Yes, but only if you have a special enrollment period. You get...
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“What’s the matter with Kansas?” syndrome of young people voting against their economic interests. Thus follows the constant courting of the hip and cool Beyoncé, Jay-Z, Lena Dunham, Occupy Wall Streeters, and others who blend pop culture, sex, youth, energy, and fad — almost anything to avoid the truth that today’s teenagers are starting out each owing a lifetime share of the national debt amounting to more than three-quarters of a million dollars. Those who ran up the debt enjoyed the borrowing, but won’t be around to pay back their proverbial fair share.
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Ben Bernanke, the chairman of the Federal Reserve, said on Friday that pulling back on aggressive policy measures too soon would pose a real risk of damaging a still-fragile recovery. There has been some disagreement within the Fed of whether the central bank's bond-buying program, which is designed to push down long-term interest rates, should be phased out. Fed Board Governor Jeremy Stein argued recently there were signs of overheating in certain financial markets and that the central bank should consider using monetary policy to address such risks if they persist. The Fed chief was not convinced, saying that, even...
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Now that the Supreme Court has upheld President Barack Obama's health care initiative, will Congress have to rewrite it from scratch? It's not a paradoxical question. The court signed off on nearly all of the Patient Protection and Affordable Care Act, but it struck down one provision, and in doing so — whether it knew it or not — it may have put the poorest Americans at the greatest risk of being left without any health insurance. Chief Justice John Roberts said as part of the 5-4 decision that states can't be penalized for refusing to join the law's expansion...
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Let's not lose sight of anything here, the #1 prize for the Democrats is to get the debt ceiling where it doesn't have to be dealt with till after the 2012 election. That is what they want and what they're angling for. Enter Senator Mitch McCongame. As many have stated, his plan to give President Fool Sucka debt ceiling increase authority has sold us down the river. Why? Because Reid can use that and the weak tea Boner bill to come up with a compromise that basically cuts little to nothing and pushes the ceiling fight till after the election....
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California Governor Jerry Brown will sign a bill today which will raise the required amount of costly renewable energy for electric generation in the Golden State to 33% while Texas Governor Rick Perry is likely grinning from ear to ear. Texas and other business-friendly Western states such as Arizona and Utah, stand to benefit from California's latest payoff to the green lobby. The bill boosts the electric renewable energy standard from its current 20% to 33% by the year 2020, and California consumers and businesses will be stuck with the additional cost. Businesses will have one more reason to leave...
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We're still working our way through Kleiner Perkins' partner Mary Meeker's excellent analysis of the financial condition of the United States. We'll be breaking out some key sections in the next few days. In the meantime, here's the one chart you need to see to understand why the US is screwed. This is the "income statement" of the United States in 2010. "Revenue" is on the left. "Expenses" are on the right.
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Feb. 14, 2011—Retired Brig. Gen. Terryl Schwalier has filed suit in US District Court in a bid to reverse a punishment he received after the 1996 Khobar Towers bombing. Named as defendants in their official capacities are Defense Secretary Robert Gates and Air Force Secretary Michael Donley. Schwalier was commander of the 4404th Wing (Provisional) at Dhahran, Saudi Arabia, when terrorists attacked base housing at Khobar Towers on June 25, 1996. Nineteen airmen died and 240 more were injured in a massive truck bomb blast. Three Air Force investigations found Schwalier had significantly improved base security during his tenure as...
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How Badly Are We Screwed? Very.Febuary 14, 2011Karl Denninger The TBAC report is out and it's nasty. (The Treasury Borrowing Advisory Committee) Key is here: The OMB, by the way, projected five trillion in surpluses in 2000. That is, a net debt of near zero over ten years. Do you think they're a bit optimistic compared to reality? Instead we doubled the debt. Which, incidentally, was a doubling from 1990 too. And, I might add, that was roughly a doubling from 1980. Welcome to compound function Hell. How many times do you really think you can do this? Again? Really?...
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The latest screw the consumer attack is coming from Angus Beef cattlemen and America's meat sellers. Try and find a piece of meat with the "Certified Angus Beef" (CAB) sticker on it that also has the acceptable USDA grade on it. Very difficult, if at all. My local market managers when asked about the USDA grade on thier CAB meat say: "Oh, it's choice or select." So how are we supposed to know which? I don't knowingly buy "select". This is a scam...ripoff...and consumer fraud! Complain to your meat seller and tell your congressman to force the USDA to stop...
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Democrats in Congress are no longer asking themselves whether this is going to be a bad election year for them and their party. They are asking whether it is going to be a disaster. The answer will probably be found in states such as Wisconsin, one of a growing number of spots on the map where Democrats accustomed to winning reelection with ease - including Sen. Russell Feingold - are unexpectedly in trouble. The GOP pushed deep into Democratic-held territory over the summer, to the point where the party is well within range of picking up the 39 seats it...
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WASHINGTON — President Obama said Monday that he was revamping American nuclear strategy to substantially narrow the conditions under which the United States would use nuclear weapons, even in self defense. But the president said in an interview that he was carving out an exception for “outliers like Iran and North Korea” that have violated or renounced the main treaty to halt nuclear proliferation. Discussing his approach to nuclear security the day before formally releasing his new strategy, Mr. Obama described his policy as part of a broader effort to edge the world toward making nuclear weapons obsolete, and to...
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The Twelve Days of Health Care On the first day of Health Care Obama gave to us: A Fine for no Health Coverage On the second day of Health Care Obama gave to us: Two Backroom Deals and a Fine for no Health Coverage On the third day of Health Care Obama gave to us: All illegals covered Two Backroom Deals and a Fine for no Health Coverage On the fourth day of Health Care Obama gave to us: Big Pharma payoffs All illegals covered Two Backroom Deals and a Fine for no Health Coverage On the fifth day of...
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The Wall Street Journal reported that the Obama administration will invest $2 billion (or more) in drilling off the shores of Brazil, of all places. The left does all they can to keep us from exploring off our own shores. Yet we’re suddenly investing $2 billion – that we don’t have – in a Brazilian oil company?
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