Gang Wars [courtesy Google Images]

Gang Wars:  Two Gangs Face Off
[courtesy Google Images]

I’m going to start this article with a definition:  the term “gangsters” signifies a minority-group of people who believe they are so “special” that they are not subject to the law that applies to the majority.  These “gangsters” often justify their exemption to the law of the majority based on claims of racism, injustice, poverty, or even necessity as in “my baby momma hungry, so I steal sumpin’.”

If it’s true that “gangsters” are minority groups who feel entitled and justified to be exempt from the law of the majority, aren’t the police, in particular, and government in general also “gangsters”?

Don’t the police enjoy immunities from legal liabilities that would get most people thrown in the slammer or even executed?  Can’t the police get away with murder?  With lying on the witness stand?  With lying to suspects? To  falsifying evidence?  With initiating prosecutions against people for victimless crimes?  With enforcing fictional jurisdictions?

The whole idea of a “police state” makes the police seem special and entitled to break the law.  The American police state has been growing since the 9/11 attack in A.D. 2001 and subsequent enactment (without being read by Congress) of the “Patriot Act”.  As a result of the “Patriot Act,” government in general and police have enjoyed new “immunities” for violating the law.

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Posted by on April 27, 2015 in Government as Gangsters, Immunity


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Nobody’s In Control

Janet Yellen (the Fed's Fairy Godmother) sez: "Ibitty . . . Bobbity. . . PATIENCE!" [courtesy Google Images]

Janet Yellen (the Fed’s Fairy Godmother) sez:
“BIbbidi . . . Bobbidi. . . PATIENCE!”
[courtesy Google Images]

Yahoo! Finance recently published “Bove: The Fed won’t dare hike rates this year”.  According to that article,


“Bank analyst Dick Bove—equity research analyst at Rafferty Capital Markets—says the Fed won’t dare raise interest rates with the dollar this strong.”


I agree. Janet Yellen may talk about possibly raising rates sometime this year, but it’s all smoke.  According to Bove:


“Expectations that the Fed will raise rates in September or even June are off the mark. The dollar is simply too strong. It’s having a significant impact on the earnings of international companies across the board and it’s having an impact on the trade balance.”

“If the Fed were to raise rates, Bove believes the downward spiral would be severe. ‘Trade balance would grow more negative, international companies would lose money overseas, jobs would be lost in the U.S. and the growth of the economy in the U.S. would slow down.”  Bove said all those scenarios are just too threatening given the fragile state of the recovery.

“Therefore he thinks the Fed will feel compelled to err on the side of caution and keep rates low.  And Bove added, the Fed never thought it would have to keep rates so low for so long. ‘They thought they could turn interest rates on and off like a water spigot.’”


In fact, the Fed’s predicament may be much worse than an inability to raise interest rates in a fragile economy.  Maybe the Fed has lost its powers to control the economy.  Sure, the Fed still has a capacity to influence the economy—but its powers to control may have vanished.

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Does Fiat Currency Make Fiat Debt and Fiat Debtors?

Fiat Dollars make Fiat Debt? [courtesy Google Images]

Fiat Dollars make Fiat Debt?
[courtesy Google Images]

The New York Times published,“Greece Flashes Warning Signal About Its Debt”:


“As Greece now gropes for a resolution to its current financial problems . . . Athens might still be holding out hope for a restructuring [defaulting on most] of its debt burden of 303 billion euros, or $327 billion.

“. . . the eurozone braced for the prospect of a default. . . . Repercussions of such a default are so difficult to predict that European officials have spent the last five years trying to avoid one.”


I agree that the “repercussions” of a Greek default are “hard to predict”.   But that difficulty doesn’t necessarily mean that all of the possible outcomes of a Greek default would be catastrophic.

Most people assume that a Greek default could precipitate a Greek depression, EU depression or even a world depression.  All of the possible repercussions seem grim, but could it be that this Greek tragedy is really a black comedy?

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Posted by on April 26, 2015 in Debt, Fiat Currency, Fictions, Money, What Can't be Paid


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Closing Walmarts

Heavy-Handed Walmart Closings [courtesy Google Images]

Heavy-Handed Walmart Closings
[courtesy Google Images]

Over the past week or two we’ve seen that at least five Walmarts have closed for six months due to “plumbing problems”.

If the Hoover Dam broke, that might cause a “plumbing problem” that would take more than six months to fix

However, there are no plumbing problems in modern buildings that requires six months to repair.  Modern contractors could easily bulldoze an entire Walmart store, rip the concrete slab and all the underground plumbing, and rebuild a new Walmart on the same site in less than six months.

More, Walmart is all about the money and stores closed for six months wouldn’t seem to make any money.

Thus, the “plumbing problem” excuse for store closings is clearly a blatant lie.

Given that Walmart has given its employees only a few hours notice that they would soon be unemployed, Walmart has created a serious public relations problem that won’t be easily forgotten or erased.  Alienating the public to any degree has got to be bad for business.   Walmart’s conduct has been so inexplicable and heavy-handed that I can’t imagine any modern, major corporation behaving with such indifference to the public–unless that corporation was under some powerful compulsion to do so.

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Tuesday Night Radio: Vaccine Injuries; Federal Authority to send Soldiers into States

American Independence Hour hosted by Alfred Adask; 8:00 PM to 10:00 PM Central time, Tuesday nights, on and also on the KU band, free-to-air satellite link at Galaxy 19.  There’ll be call-ins at 1-855-566-3738.


Posted by on April 21, 2015 in American Independence Hour, Radio



Hillary Throws Her Hat in the Ring

HillaryHatOn Sunday, April 12th, Hillary Clinton officially entered the A.D. 2016 Presidential race by releasing a two-minute video entitled, Getting Started.  With that video, Hillary “threw her hat into the ring” of A.D. 2016 presidential candidates.  She wanted to throw a lamp, but her husband, Bill, and her campaign managers advised against it, saying she’d already thrown enough lamps.

The New York Times article (“Hillary Clinton Starts to Detail Rationale for Run as Campaign Begins”) described that video.  Here are some excerpts from that article and my comments:


“Fought Their Way Back”

According to Hillary:


 “Americans have fought their way back from tough economic times, but the deck is still stacked in favor of those at the top.”

First, as a group, Americans have not “fought their way back from tough economic times.”  We have, so far, merely survived the Great Recession—but We the People haven’t “fought back” against anything except threats to cut our entitlements.

Our current economy may not be declining as rapidly as it did in A.D. 2008-2009, but the economy remains stagnant and, for most Americans, the Great Recession persists.  Whatever “fighting” has taken place so far, that “fighting” is far from finished because our “tough economic times” aren’t over.  They’ve just begun.

I won’t say that Hillary’s comment about “fighting back” is a lie, but it’s close.

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Posted by on April 21, 2015 in 2016 Election, Hilary For President, Political


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Tuesday Night Radio: Jade Helm; Illegal Aliens; States of the United States; more.

American Independence Hour hosted by Alfred Adask; 8:00 PM to 10:00 PM Central time, Tuesday nights, on and also on the KU band, free-to-air satellite link at Galaxy 19.  There’ll be call-ins at 1-855-566-3738.


Posted by on April 14, 2015 in American Independence Hour, Radio




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