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Monthly Archives: October 2013

November 1st Riots?


[courtesy Google Images]

[courtesy Google Images]

Fox News reports that government has spent $80 million preparing for possible riots on November 1st based on changes in the Food Stamp laws.

What a fascinating irony. The government-created class of government-dependents may pose the greatest threat to government safety.  It’s not the taxpayers who threaten the government’s operations; it’s the tax-receivers.  The government has more to fear from the poor (whose numbers government increases with each passing day) than from the rich (whose numbers are falling but whom government still serves in return for bribes (political campaign contributions)).

video   00:04:36

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16 Comments

Posted by on October 30, 2013 in Economic collapse, Economy, Food, Terrorism, Video

 

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Falling Sears


[courtesy Google Images]

[courtesy Google Images]

I remember buying at Sears stores when I was a kid.  The stores were always crisp and clean.  Their shelves were well-stocked. Sears prices tended to be high, but they sold quality.  For example, Craftsman tools were about as good as you could get and carried a lifetime guarantee.  You couldn’t beat ’em.

Four years ago, about Christmas, I stopped in at a Sears store at Dallas.  I was shocked.  The carpets were dirty.  The shelves were only partly stocked and what was there was mostly junk. There were only a few employees, but almost no customers.  The store was grubby.  It was clearly a corporation headed for bankruptcy.

Today, I read an article in DealBook entitled “For Once-Mighty Sears, Pictures of Decay”.  The article chronicled the author’s visits to several Sears stores–all of which were as shabby as the Dallas store I’d seen four years ago:

 

When Brian Sozzi, the chief executive of Belus Capital Advisors, visited Sears locations in New York and New Jersey this month, he said, he found barren shelves, haphazard displays and badly stained carpets.

Also missing: customers.

“It’s just badness throughout,” Mr. Sozzi said in an interview. “Every store has something fundamentally wrong with it.”

What’s wrong with Sears?  Why has this one-time corporate giant fallen on bad times?

Read the rest of this entry »

 

Non-Recourse Lending


[courtesy Google Images]

[courtesy Google Images]

The Washington Times reported in “Fannie, Freddie leave $4.6 billion in collectible foreclosures,” that, according to a federal investigator:

 

“Fannie Mae and Freddie Mac, the two mortgage finance giants whose financial woes required massive taxpayer bailouts in recent years, could be missing out on as much as $4.6 billion in payments from foreclosed mortgages in their portfolios . . . .

“Freddie Mac alone has not dealt with about 58,000 foreclosures on single-family homes, letting the borrowers go into default instead of paying back the loans . . . .  many of those in default are not disenfranchised families down on their luck. Instead, they have the financial capability to pay back their loans.

 “Freddie Mac eliminated any possibility of recovery when it did not refer foreclosed mortgages for evaluation of collectibility,”. . . .  Disorganization cost the mortgage company 6,000 potential foreclosures because the statute of limitations expired.

Read the rest of this entry »

 
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Posted by on October 29, 2013 in Banking, Foreclosure, Fraud, Government as Gangsters

 

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“Stealth Socialism”


Rep. Alan Grayson (D-FL) [courtesy Google Images]

Rep. Alan Grayson (D-FL)
[courtesy Google Images]

Conservative Byte posted an article entitled “Dem Rep Praises Rise of ‘Stealth Socialism’ In America”.  According to that article,

“In a recent interview with Salon, outspoken progressive Rep. Alan Grayson (D-FL) hailed the rise of what he called “stealth socialism” through America’s recent monetary policy decisions.”

What does Congressman Grayson mean by “monetary policy decisions”?

He means “central planning” by the Federal Reserve System.

“Central planning” is a term that was popularized by the former Soviet Union—until it collapsed under the weight of “central planning” in A.D. 1991, ceased to exist, and plunged the people formerly ruled by “central planning” into a decade of chaos, poverty and violence.

Read the rest of this entry »

 

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Trump on Obamacare:


Donald Trump [courtesly Google Images]

Donald Trump
[courtesly Google Images]

Donald Trump has reportedly described Obamacare as follows:

“Let me get this straight—we’re going to be ‘gifted’ with a health care plan we are forced to purchase and fined if we don’t, which purportedly covers at least ten million more people, without adding a single new doctor, but provides for 16,000 new IRS agents, who have recently demonstrated their objective and professional integrity; written by a committee whose chairman says he doesn’t understand it,  passed by a Congress that didn’t read it but exempted themselves from it, and signed by a Dumbo President who smokes, with funding administered by a treasury chief who didn’t pay his taxes, for which we’ll be taxed for four years before any benefits take effect, by a government which has already bankrupted Social Security and Medicare, Fannie Mae and Freddy Mac, and the Post Office, all to be overseen by a surgeon general who is obese, and financed by a country that’s broke!

‘What the hell could possibly go wrong?’

 
5 Comments

Posted by on October 29, 2013 in Government as Gangsters, Health Care

 

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Halloween Prank


I’m not endorsing Halloween with this post, but I am endorsing this prank.

video 00:02:14

 
6 Comments

Posted by on October 28, 2013 in Humor, Video

 

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Dayahm! This Little Girl Can Shoot!


Applause, applause! She doesn’t just stand and shoot; she shoots accurately while she’s walking. 13 years old. Pretty impressive. Her daddy must be proud.

video   00:01:17

 
1 Comment

Posted by on October 25, 2013 in 2nd Amendment, Video

 

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