Another positive gun story. Shhhhhhhhh

Yesterday, much to the delight of certain types of businesses that profit off of school shooting tragedies (read media), there was another school shooting, this one occurring in Atlanta. As of today the two victims were said to be a student who was shot in the back of the neck and teacher who had minor injuries from being trampled during the melee. The student, a 14 year-old, was not seriously injured and was remarkably released from the hospital the same day.

Now, there appears to be a motive regarding the shooter and the victim as there was said to be a dispute. So the likelihood of this becoming a massacre was unlikely. With that said, there were steps taken into consideration by the school beforehand to keep these things from escalating. First, they had metal detectors, obviously they weren't affective here but a barrier nonetheless. Secondly and most important, there was an off-duty Atlanta police officer stationed at the school as a resource officer; something I have advocated before. 


According to ABC, Atlanta PD Chief George Turner stated that an armed off-duty Atlanta officer was able to disarm the suspect MOMENTS after the shooting. Without even using his gun to do so. Kind of makes the point of a trained officer vs a kid with a gun, statistically speaking, its overwhelmingly in the officers favor. What if there is no officer there? We can assume because this was targeted it wouldn't have gotten worse but if he wasn't there... does this 14 year old kid walk up and "finish" off a obviously defenseless classmate?

Now, where is the coverage of this? Where is the ABC special edition where they cancel programming to fit it on-air in a timely fashion? Now obviously these are rhetorical questions, because there will be no extended coverage. There will be no interviews with family and neighbors nor will there be any candlelight vigils. All because tragedy was avoided. 

Seems backwards but the reality is we often celebrate tragedy and push to the back burner or simply just ignore situations when tragedy is averted. This isn't some "agenda" by the media, it's simply an indictment of what put's eye balls on the tube. Its a clear indicator of the average Americans tabloid love affair with sentimentalization, drama and tragedy. And to top it off, the likelihood of your child becoming a victim (0.00003% probability) of such an attack is about as likely as Jim Cook puts it:

As earth being hit by asteroid 2012 VE77 between the years 2033-2035.

 

As you can see, the homicide rate is actually falling considerably while school shooting's stay relatively the same and have never reached over 40 per year (with no disrespect to those effected of course). Yet here we sit, a large portion of the public using this terrible, yet extremely remote possibility as a pretext to start restricting gun ownership while ignoring the benefits of a gun in a school that just yesterday possibly prevented a massacre. I understand the American public for the most part is dumbed down and distracted but we are reaching all time lows for common sense collectively and the media is right there out in front like the Pied Piper.

Amerikan Stasi has a vital mission but whos the threat?

Has any weapon garnered as much attention in memory as the AR-15 has the last month? I can’t think of any weapon more demonized and we are talking about a weapon that only fires .22 caliber bullets. Well, the Ar-15 is in the news again this week and no, I’m not talking about the daily jib-jab about banning it. What I am talking about is the Department of Homeland Security’s recent request for 7,000 of these “assault rifles” that are supposed to be so dangerous.

Now let’s get one thing straight before we continue. Any gun in the wrong hands is dangerous but the gun isn’t what makes it dangerous per se, it’s the person holding it. An AR-15 is no more dangerous then a bottle of whiskey unattended; the whiskey isn’t going to consume itself and the gun isn’t going to shoot itself. So the common denominator… ah yes, humans are. Imperfect, emotional, crazy and often foolish humans are the problem not the inanimate object.  

So, the Department of Homeland Security puts in a large order for guns that are not fit for public use (personal defense weapons suitable for personal defense use in close quarters) or at least that is what those advocating #guncontrol would lead you to believe. My question or comment on this piece of news isn’t the hypocrisy because it’s rather obvious. No, my question is what exactly is the Department of Homeland Security up to? Let’s take a look at their mission statement taken right off their website:

The Department of Homeland Security has a vital mission: to secure the nation from the many threats we face. This requires the dedication of more than 240,000 employees in jobs that range from aviation and border security to emergency response, from cybersecurity analyst to chemical facility inspector. Our duties are wide-ranging, but our goal is clear - keeping America safe.

Seems rather ambiguous to me does it not to you? So they want to keep us safe from the many threats we face, presumably here in the homeland. Sounds about as clear a statement as the Navy’s slogan they been pumping out for the last few years:

“A global force for good”

Words like “good, safe many threats” all these are pretty loose terms and for good reason, what these agencies are doing is being as broad as possible. Why you say? To keep their options open. Who is an enemy and keep “us” safe from whom is about ambiguous as it is chilling. Now strap on your tin foil hats for a second, I don’t do this often but lets just look at a few more things regarding the DHS and play connect the dots.

Last year the DHS ordered 450 Million rounds of .40 caliber ammunition. Just a few months later there was an order placed for 750 million additional rounds but then after questioning it was deemed to be classified information. We also have Tim Brown from Freedomoutpost.com who reported last year about the DHS buying 700 pounds of High Density Ammonium Nitrate and 700 pounds of A-5 Flake RDX used to create “dirty” bombs. If that wasn’t enough even the Social Security Office is stalking up, buying 174,000 hollow point rounds. Hollow point rounds are made for maximum damage, expanding in the body thus no exit wound. Not exactly what you expect granny to see when going to get her check now is it?

Mass purchases of AR-15’s, billions of rounds, explosives… one has to ask himself what is Homeland Security getting ready for because it appears they are stock piling to wage war not just protect the border. Remember DHS’s slogan opening line: “to secure the nation from the many threats we face” With illegal immigration actually trending down whom is left to pose a threat? Now that you got your tin foil hat on nice and tight the answer is clear is it not? It’s you.

Rights are being infringed upon in the name of security. Entire sectors in business are being shipped overseas. College students are now going to school taking on debt and having no place to work to obtain money to pay back said debt. Income inequality like we have today hasn’t been seen since the 1920’s. 

Corporations are getting richer while wages continue to fall. The poorest live like the middle class without lifting a finger (to keep them occupied with their Obama phones and free housing and not in the streets rioting). The richest live like kings siphoning off obscene profits that would make Rockefeller blush. And who makes it happen for both?

The middle class. They just keep running on the hamster wheel afraid to become poor wanting to become rich while the poor are content and not too rowdy to cause a disturbance in the matrix. To top it off, while all this is going on... Inflation is building in reserves waiting to unleash like a tsunami as purchasing power is erodes with every dollar we flush into the system to prop up this pig economy that is nothing short of a mirage.
 

Call it what you will, class warfare. Crony capitalism. Tell me its not real and you looked outside and the sky isn't falling. Say what you will, but remember one thing. Civil unrest is the biggest threat to any power structure and this isnt going unnoticed by our government.

We are seeing the inevitable happen. It’s a game of musical chairs and the music is coming to an end. How soon it ends depends on how fast we lose confidence in that filthy dollar. I would love to quote Marilyn Manson here and end it with the line: “get your gun’ but it appears someone has beat me to the punch. But don't worry... their goal is clear "to keep America safe".

Democrat Sheriff goes HAM on Liberal gun grabbers.

"I'm Sheriff David Clarke and I want to talk to you about something personal: your safety. It's no longer a spectator sport; I need you in the game. But are you ready? With officers laid off and furloughed, simply calling 911 and waiting is no longer your best option. You can beg for mercy from a violent criminal, hide under the bed, or you can fight back. But are you prepared? Consider taking a certified safety course in handling a firearm so you can defend yourself until we get there. You have a duty to protect yourself and your family."

I got a little tingle up my leg it appears?? Sign me up!!

This was a public service announcement on radio last week in Milwaukee courtesy of County Sheriff David A. Clarke Jr. Here is a man with a badge telling you that your best option for safety in Milwaukee is no longer calling your police it’s protecting you and your family with a fistful of steel (thank you RATM). 

 

Now of course this didn’t go over well with everyone in Milwaukee. The Mayor had this to say about Sheriff Clarke’s call for public action in arming themselves:

"Apparently, Sheriff David Clarke is auditioning for the next Dirty Harry movie,"

With layoffs and furloughs this could be a political sparring match with the Mayor and the Sheriff but the good Sheriff has held this strong belief even in the wake of Newtown. He went to as far call for an armed officer in every school in the country (which I strongly agree with).

Not to be undone, Sheriff Clarke had this to say about the Mayor:

"Several years ago, a tire-iron-wielding suspect beat Mayor Tom Barrett to within inches of his life. I would think that he would be a lot more sensitive to people being able to defend themselves in such instances. A firearm and a plan of defense would have come in handy for him that day."

Here we have an interesting situation. We have a man of the law who is actually a Democrat not only advocating for an increasingly armed public but also going out of his way to call those (read Liberals) that support gun restrictions what they truly are:

"Shame on liberals for exploiting tragedy once again in our country and try to use tragedy as a reason to take our rights away.  Liberals are shameful."

And you are never going to guess how the Sheriff suggests we pay for a cop in every school…

“With all the money we spend on going green projects and other waste of money social service spending we do."

Bu... bu... but we cant do that, what about global warming? It appears Sheriff doesnt care for talking points, now does it? Here is a Democrat, who won his last election with 70% of the vote, thinking outside the box and favoring people’s rights and security over those of the state’s; which naturally are seized when you deny the rights of the public. Does it get better than this?? 

Now ask yourself, where do you come in on this debate? Are you a “wolf at the door” as Sheriff Clarke called the criminal? Are you a sheep who is in favor of gun control? Or are you a man/women of free will who wants to maintain their God given rights to protect his/her life?

Now only if we could have this non partisan common sense in Washington.

Dereliction of duty: How Black America has been hijacked by "race hustling pimps".

Here is a disclaimer. I am not black, I am a white male. Some of you may find this contrived or think I have no place speaking about issues pertaining to a race that I don’t belong to. I can accept that. Some may even go as far as a call me a racist (it’s been done before) and that is your right to feel that way as well. However, facts are not racist. They are facts. I also think it’s very important that black folks receive a different message that they are accustomed to hearing from “the left’. That’s why I spend many posts on this subject and with that said, let’s begin.


This is a tale of two stories, literally. I read in the last two days, two separate articles written by black men regarding race and politics. Now, these stories are not on the same subject matter but I think you will see that they are connected nonetheless and its not a connection based solely on race but instead freedom and prosperity and how you go about achieving both.

This started by me reading a great piece at Investor.com last night regarding how being a black conservative author in today’s world gets you ignored. Or at least that is the claim made towards Ebony Magazine in this article. Now, I purposely led with that first statement because there are simply not enough conservative black voices in media & the political arena as well and it’s about time this becomes a discussion.

That is to not say there is a shortage of black conservatives, on the contrary, they do not exist. In fact conservative values were at the core of the civil rights movement; regardless how progressives try to spin otherwise.

Sure it was progressive in moving blacks forward to having equal rights, but that shouldn’t have been a fight in the first place. Equal rights for all are a tantamount to freedom and liberty. A true conservative/libertarian mindset does not allow for racism and collectivism. This lack of rights for all was a failure as a country from the very beginning. Now as these voices remain isolated, I find myself asking, why is this so?

From a writing point of view it’s probably a lack of readership. I don’t think its bad judgment on black media’s part as much is it is just bad business. Most blacks identify with progressive values or vote overwhelmingly democratically, thus reading about a conservative mindset would simply go unread. Politically, it’s no different but with a slight twist.

At the center of this twist is the Congressional Black Caucus. Nobody politically defines a race in US politics more so than the CBC. With now 42 members of congress, the CBC is not only the largest caucus racially it’s also incredibly strong because they are practically untouchable. Nobody in media wants to even poke, let alone tear a hole inside that bee hive’s nest for fear of being stung by the politically correct swarm that seem to have infiltrated every level of our lives.

But hey, I’m a blogger with such a low (but dedicated) readership; I am perfectly happy to do so. After all, it’s not like this is my first rodeo concerning the CBC anyway.

Now, getting back to the article written by Mr. Larry Elder, a quote by Congressman Cleaver, D-Mo., caught my eye.

"As the chair of the Black Caucus, I've got to tell you, we are always hesitant to criticize the President. With 14% (black) unemployment, if we had a white president, we'd be marching around the White House. ... The President knows we are going to act in deference to him in a way we wouldn't to someone white."

This also isn’t the first time I have written about Mr Cleaver and his obvious double sided coin regarding race. This is just one in a long line of quotes that are obviously inflammatory yet it goes completely unnoticed or at least unchallenged by the masses. Double standard you say? You bet. But this notion that it’s acceptable for a black president to show high unemployment in the black community further drives home my point I have been making about the CBC. They are not concerned with the problems just the appearance that they are concerned.

As we usher in the 113th Congress and with it the CBC gaining more and with it more power and yet here Black America sits with unemployment almost double the national average. Prisons are filling up at all time highs. And what are the solutions that the Congressional Black Caucus has for these dire times in the black community? The same tired excuses & handouts they have been fighting for, for over 30 years and what has changed since in terms of results? Nothing. We have a black President but has Black America taken that next step with his re-election? No.

So what are the solutions? I don’t have the answers nor do I pretend to but I know two things regarding this subject for certain:

1. Freedom and liberty is a cure all because it encourages individual responsibility
2. Self proclaimed black leadership is not leading.

In separate piece written by Dr Wilmer Leon for Politic365.com, there is a slightly different take on this viewpoint. Dr Leon argues that with a new rising class of young educated workers who are settling for lower wages and multiple lower paying jobs, called the “Precariat Class”, this class will be so large that the future for Black America and its relation to employment will be “catastrophic”. This isn’t hyperbole; Dr Leon brings up accurate information that troubles the black community.

What I disagree with the Dr. is the assertion that the government should do more. Because when the government does more as we all know, it means taking from someone else. This happens through a seizure of either a right, freedom and/or their wealth. Dr Leons argument is that austerity measures should not be taken in this economy with many people struggling:

 “In challenging times such as these the government should be investing in the economy not cutting back.”

The problem is we have invested into this economy. We have overspent long before President Obama got into office and we have done so with no results, not only in the black community but the country as a whole. The standard of living for most Americans has remained stagnant for years and yet we continue to pump more liquidity in the market creating inflation that ultimately acts as a tax on those that rely most on cash. Nobody relies more on cash than the poor and destitute, black or white, red, blue or yellow; the poor all spend the green the same.

The question begs; why not try a different path to prosperity if the path that has been tried simply does not work? Why not reach out to the black population and drive home the point that over 70% of black children growing up in a single parent family home is the single biggest reason the black community faces so many challenges? This could also explain why "the wealth accumulation of the average European American family is 20 times that of the average African American family".

Why not try what China has done and encourage its population to buy gold & silver?

Why not encourage the 2nd amendment as a viable option to black on black crime statistics and show that legal gun ownership would be the biggest deterrent to black on black crime?

Why not come out and support an end to the racist drug war that puts so many black men in prison?

Are these guaranteed solutions? Of course not and I don’t know if they will solve all the problems but lets put an end to the patronization of the black community by the black leadership. Engage them like adults. Don’t just hand out a fish, show them how to fish. There is only one way to achieve prosperity and freedom and that cannot be given to you by a government; it comes from within.

‘Now is the Time’

This is the the President's "plan to protect our children and our communities by reducing gun violence”. This "plan" is what spawned the 23 executive orders on Jan 16, 2013. This has also been called the most comprehensive gun control legislation passed since 1968, eclipsing the "assault weapon ban" so often referred to now that was signed into law in the 1994 under Bill Clinton.

If we remember anything politically speaking about 1968 it would have to be the assassinations of Dr Martin Luther King & Robert Kennedy. The tightest gun control ever to that point was introduced before the deaths of both men but was quickly fast-tracked and passed after their murders. Reading a piece written about 1968 this week in regards to gun control reminded me of something I read in 2008 from then chief of staff, Rahm Emanuel who was “advising” the newly elected President on crisis management:

"You never want a serious crisis to go to waste. Things that we had postponed for too long, that were long-term, are now immediate and must be dealt with. This crisis provides the opportunity for us to do things that you could not do before."

As the President walked up on the stage this week and signed his executive orders into place all I could think about was at what ends will this lead to? Actually, it wasn’t soon after that initial thought before I came to the conclusion of not “what” ends, but “when” those ends will come. When will we see the end of the legal ownership of any firearm?

The right to own guns keeps man free. Free from the state or free from foreign invaders. It says so right in the 2^nd Amendment. I would find this humorous if it wasn’t so damn offensive.

The state piles up guns and then turns them on you and forces you to do as they say or they punish you with the threat of taking away your freedom which infringes on your liberty and pursuit of happiness. Seems like a conflict of interest regarding rights, no? Then, the state, despite all the guns and all the money, also does a piss poor job of keeping foreign invaders out of the country. From “terrorists” to illegal aliens the borders remain wide open.

If that wasn’t enough of a kick in the groin, the state also looks down upon militias, essentially blowing the 2^nd amendment out of the water on those grounds alone. The part about “a well regulated militia” isn’t time sensitive, regardless what anyone wants to say otherwise. There is no expiration on the meaning of the amendment, constitutional scholars be damned. These examples and the latest push executive order(s) are all attacks on not only our right to own firearms but it’s also an affront on our collective common sense.

 

When it comes to bureaucrats and the 2^nd amendment there seems to be a major disconnect. The 2^nd amendment is pretty direct, it’s pretty plain English. Thus, there is no reason to “read into” anything. Yet the federal government shows no respect for something so straightforward. Is this a coincidence? Not a chance.  
 

Semantics, are some of the firsts arrow pulled out of the quiver of control. Using wordplay and rearranging definitions to justify the means to an end – that is the ultimate goal of those in power. They also use situations and crisis to manipulate the public trading in freedom for security. Hitler did it, Stalin did it, Bush did it, Clinton before him etc etc… this isn’t something new but I find it pretty interesting for a president who promised "transparency". Who ran on "change". It is what it is. Call it Machiavellian or call it just being a politician. Whatever the definition you  come up, see it for what it is.

The executive orders signed into place this week are centered on ‘assault rifles’. Now, ask anyone for a definition of what an assault rifle is and you are sure to get something different from everyone. So, what happens when banning ‘assault rifles’ or reducing magazines doesn’t stop school violence or mall shootings or movie theater shootings? Well, naturally the handguns will be next, just like they came for them in NY and Chicago. Then maybe we will see the call to ban “assault weapons”. And the assault weapons definition is about as ambiguous as you can imagine.

Here is a list of “mass stabbings, hammer attacks, and cleaver attacks” in China from 2010-2012. China already has strict gun ownership laws, thus the truly dedicated to killing innocent will use any means necessary, as you can see. England (who else) has actually seen a push to eliminate “long pointed kitchen knives" to "reduce deaths from stabbing”. So again I ask: when does it end?

It ends when the anointed and "elected" say it ends. It ends when the calamities of life cease to exist. They won’t and that is the whole point. Let me leave you with this; and this will be the most important thing I will ever say on this topic.

The rush to get your gun, chipping away at your rights with one piece of legislation at a time is no accident. The state fears you. When it’s no longer able to control you with its debt mechanism and money manipulations… when it all comes tumbling down through hyperinflation or a spiral of irreversible deflation; the state will have to protect itself be any means necessary. The more the state can force dependency (SSI, welfare, food stamps, unemployment, low income housing, universal health care etc etc) the less important freedoms become or at least the dependency to live trumps freedom. The more divided we become, the easier it is to quell resistance. A people not divided and instead unified not to mention well armed is the ultimate threat to that power. 

The state fears you and me... and for good reason.

California 'Current' Love: Qatar

“Of course Al didn’t show up,” said one high placed Current staffer. “He has no credibility.

“He’s supposed to be the face of clean energy and just sold [the channel] to very big oil, the emir of Qatar! Current never even took big oil advertising—and Al Gore, that bullshitter sells to the emir?”

Let me start out by saying I have never been a fan of the anonymous quote. Its shoddy and in my opinion; just simply not credible. Now with that said, I would think the quote above courtesy of the NY-Post is more of a punch line, more so than it is something to derive information from. Because I think its obvious the sentiment for Gore from employees at Current, just ask Eliot Spitzer if he digs the new format.

If I was to quote anyone, I would quote rapper Ice Cube, as I think it sums up the whole process here:

“Bend over, grab your ass, spread your cheeks and give me two big coughs”

No, I’m not just quoting Ice Cube’s ‘first day of school', I’m quoting Al Gore and the green police’s latest move, who tapped that green ass like a piggy bank; all the way from Cali’ to Qatar.

 

Yes indeed, the green movement got a little darker this last week (how about onyx black) with the sale of Current TV to Qatar funded Al-Jazeera. Yes, THAT Al-Jazeera. It was reported that Glenn Beck was interested into buying Current TV but was rebuked because he was too “right”. Alana Goodman (commentarymagazine.com) said it best about dismissing Beck for Qatar:

“But an authoritarian-Islamist government that has criminalized homosexuality, discriminates against non-Muslims, prosecutes journalists, and has a “Not Free” rating from Freedom House?”

 

There are no shortages of punchlines you could come up with here regarding Gore and this sale. It’s literally endless. The real story is the people who actually believed in the man or at least the movement enough to stomach the man who give them a voice.

The green movement has been effective because it bully’s people and companies out of fear or isolation. These unsavory tactics such a hyperbole, misinformation and just flat out lies make this happen. And nobody exemplifies this more so than then Mr Gore. This is the same guy who warned of 10-20 foot rising coastal areas in his book/movie 'An Inconvenient Truth', before he bought that Nine million dollar pad in Monticeto, California so he could rub elbows with Oprah. After this lie was brought to light he admitted to it, because he knows if he makes it scary enough (even if its false) people will act, talk about sheer ignorance or arrogance:

"I believe it is appropriate to have an over-representation of factual presentations on how dangerous it is..." - Al Gore

The green movement has come a long way since those crazy 60’s. They have long since traded in their tree hugging for cappuccinos and Ipads. Instead of protesting deforestation with protests chaining themselves to trees in rain forests, this crowd are chained to a chair in at Starbucks (without any sense of irony) blabbering about how evil capitalism is for its carbon footprints. As a side note, I'm not impressed with any protesters involving trees until you take it to this level. Wake me up when you display that type of commitment to your premise.

Going “green” is an ideal that while may sound like a great idea; it’s still an ideal. Thus, it is highly desired but hardly practical.

Big Al knows this. He is a capitalist himself. He capitalized on his surname via his daddy’s political career and made himself hundreds of millions of dollars in personal wealth by parlaying his career in politics into becoming the face of an entire ideology. He has no real work history to speak of, out of politics with no experience… yet he here he is, the fattest cat in the room (pun intended).  

He’s L Ron Hubbard incarnate (minus the kinky sexcapades). He’s made a fortune off ideologues, fear, politics and being a natural and gifted self promoter with nothing to sell. That’s a talent. So congrats to Al Gore going green via his sale and subsequent windfall made possible by big oil, anti-gay, anti-free speech or basically everything he allegedly fought against as a Democratic Congressman, Senator and VP; you know, the party beholden to the (sic) common man... minus the Vaseline.

Turning Japanese? Turning Japanese? I really do think so.

That's why I'm turning Japanese
I think I'm turning Japanese
I really think so

I know I cannot be the first to use this analogy, but god bless new wave music & the 80's, for this apropos song. 

With so much attention being paid to the Eurozone, specifically Greece’s departure from it and 165% debt to GDP ratio in tote, its surprising to me that nobody in the MSM mentions the king of living beyond its means. This is none other than the spawn of American ingenuity and the benchmark that all post-war reconstructions whom are modeled after… Japan.

Japan’s ascension from rubble after WW2 to the world's third-largest economy has been staggering, especially for a country that’s about the size of the state of Montana. With a population that values education as much as anyone in the world, Japan has become a standard to many and no more than those in the corporate world, noted for their dedication to innovation and organization. But if you dig a little deeper, Japan and with all its glitz, glam & refined style; it isn’t all what it seems.

Because, like all fiat facilitated economies, the debt monster is alive and well and the only way to keep from getting swallowed up is to keep pushing, keep innovating and never, ever under any circumstance become stagnant. Well, at least over the last 20 years or so that’s been the case.

This is precisely what happened to Japan in the 1990’s known in Japan and around the world as Japan’s “lost decade”. When the NIKKEI started to free fall and real estate prices started to fall with it, those asset bubbles burst. This left the government in panic mode, so like all bureaucracies do in a panic, they did the opposite of what was right and did what was easy - threw money at it, instead of letting the natural correction run its course. 

They began to doll out stimulus after stimulus (sound familiar?), bailed out banks and insurance companies (getting warmer?) with the economy still limping along they said the hell with it and raised its consumption tax 2 percent (doesn’t this sound familiar too?) which subsequently brought on another recession.

After about two decades, and even with stimulus’s keep piling on, Japan’s economy finds itself in a ditch. Since 2011, the Bank of Japan has issued quantitative easing programs in excess of 900 billion alone. With very little to no growth potential, an aging population and an exponentially escalating debt tab; Japan is running on borrowed time. 

 

In a recent interview with Spiegel Online's Anne Seith, The Bank of Japan's governor, Masaaki Shirakawa said: "At the moment, the effect of our monetary policy in stimulating economic growth is very limited. The money is there, liquidity is abundant, interest rates are very low -- and, still, firms do not make use of accommodative financial conditions, the return on investment is too low."

Doesn't this sound eerily similar as well? 

Japan is currently using 25% of its outlays just to service their debt. If they raise interest rates, the number will climb dramatically. This is why the US is so fearful of raising its interests rates well. The FED wont entertain raising interest rates until 2014, so imagine all the cheap money printed off until then? If we are to raise interest rates where we already pay 220 billion on basically 0% what will it look like if those rates go up? As I pointed out back in March, via Kyle Bass, for every additional percentage point it will also bring about $140 Billion dollars on top of the existing 220 Billion.

  President's FY 2013 budget, Congressional Budget Office

Japan’s current debt to GDP ratio is currently 220% according to IMF reports for comparison’s sake the US debt to GDP ratio is about 102% (but that number has doubled in just four years). Japan however, unlike the US, has a few unique circumstances that will either prolong a slow death or escalate to their death at the speed of sound. 

Graph: zerohedge.com

Japan is one of the few countries that its public finances most of its debt (an astounding 95%). Thus, if they are comfortable with virtually no return on their investing (0.75% average return) into the debt and increasing inflation, they can literally keep financing their own debt as long as they don’t mind saving up to go to the grocery store as if it were a vacation.

The other option(s) is eye popping and absolutely lunacy to say the least. Newly elected Prime Minister Shinzo Abe wants the Bank of Japan to start issuing “unlimited easing” starting with a 120 billion dollar bullet into infrastructure. If that doesn’t get inflation where he sees fit and despite a declining Yen the threats coming out of Shinzo Abe’s mouth, will bring the death of Japan sooner rather than later.

In true, ancient Japanese kamikaze fashion, the Liberal Democrat Shinzo Abe with all his love for easing (hello Bernanke) is threatening to change the country’s laws and actually take the Bank of Japan over: read quite literally, socialization.  

So, as you can see, here in the US by all accounts, we are not Japanese yet. Although if we keep up this pace, follow the Japanese playbook and we look at the last four years as any indication; it should tell you it’s only a matter of time before we do.  

The Legend bids farewell...

After years of trying to teach Congress and the country about sound money and encourage freedom, Ron Paul's time in government draws to an end. I wont link story's about him or say anything else, I don't think that does his service justice a the impact is to deep of his time in Washington. I will say however that Ron Paul did indeed cure my apathy. He inspired me to look deeper into issues to find the truth. He's the essence of a statesmen and his place in our government will be missed but he always stay in our hearts and his ideas will carry forward. Freedom and liberty are things people die for and that will always live on. Best of luck in your retirement Mr Paul, enjoy it, you deserve it. We will keep up the fight.

Stealing is legal, just ask those that got shoved off the cliff.

What can I say, I’m flabbergasted. Are these crooks in Washington really going to assume the American public is that dumbed down to see through this guise? Uh… never mind.

Let’s call it what it is. This idea that Republicans failed in the “fiscal cliff standoff” is pure poppy-cock. This notion that the Democrats somehow “won” is equally a failure if we value logic and reason. For what we seen these last two days has been what the American people have wanted for years now… compromise.

The federal government finally compromised. Republicans and Democrats finally crossed the isle. With its legislative and executive branches all on board, despite all its fury, anger and alleged partisan indignation, the deal was struck. Just like the bailouts before it, along with every other hot potato-political topic involving money; the sides "somehow" came to an “agreement”. On the outside this looks like a victory for the people, and it would be if it wasn’t such an absolute charade.

This was nothing more then a WWE broadcast, the winners and losers were already predetermined. When push came to shove everyone got what they want: more for them and their sugar daddy's and you footing the bill. The fiscal cliff was likening to a pay per view event, where afterwards, backstage the heel and the face toasted champagne and laughed all the way to the bank in their stretch limos and learjet's. Meanwhile the poor bastards who bought tickets returned home in their minivans and via subways, still in awe and totally oblivious of exactly how the farce that was just performed before their very eyes. 

Here’s the impact:

Almost all of the Bush Tax Cuts are permanent, while this helps everyone who pay tax; it helps the wealthiest substantially more.

Wheres the cuts on defense spending?

The Payroll tax cut that saved everyone who works in our nation an average of anywhere between $500-$2,000 has ended (which is good for Social Security in the long run) thus acting as a tax increase from last year for everyone earning a paycheck. This will essentially raise the taxes for anyone making fewer than 100k by 2%.

Wheres the entitlement restructuring? 

We have also seen the definition of "rich" get a facelift, as “rich” is anyone making over 400k per year. They will see their taxes rise from 35% to 39.6%. This is hardly the 250k cap that Obama sought re-election on.

And last but not certainly least... the dreaded “Death Tax”.

From the Republican perspective, one of the biggest hold-ups in this “fiscal cliff deal” was the death tax or estate tax. It was 35% as of 2012 on Estates valued at five- million or more. The President wanted 45%. They reached a deal at 40%, splitting the difference. Now, in case you are wondering why you don’t know what this is or why you’ve never heard the particulars, its because it doesn’t affect you. That is unless you have an estate valued at $5 million or more.

As of 2010, courtesy of the Federal Reserve board, only 4.4% of American households had financial assets exceeding $1 million, much less $5 million. According to the IRS, the estate tax will only affect about 3k families. With the additional five percent of taxation of those that are required to pay, the liability may rise slightly, but with the exemptions staying the same, there will be no new cap, thus the limits stay the same.

What does it all mean? I’m not telling you anything you already don’t know. It is what it is. This idea that there is a real tangible difference between these two parties …is make believe. The only real differences are on the margins and that is by design. From abortion, death-taxes, tax-break for billionaires, tax-breaks for multinational conglomerates, gay-rights, funding public television, praying in schools, you name it. Basically, anything that doesn’t benefit the bulk of the populous & affects less then 10% of the population is a heated, highly-contested debate.

I don’t despise anyone for their success nor do I feel they should be punished because of it. As being of  Libertarian mindset, how could I?  However, the middle class has been exploited by the wealthy elite who then help run elite corporations that are gaming the system, all the way from General Electric to G.M and everyone in between. Meanwhile the small businesses, who make up the bulk of US employment, continue to be stifled with red tape, over regulation and are continuously outmaneuvered by big business lobbying efforts. And not to be outdone, it cuts both ways.

There are a growing number of people on the bottom of the pyramid, who are out to hustle every organization and opportunity they can. Look no further then - Supplemental Security Income (Social Security Retirement Survivors and Disabilities Income is for those who have paid into it) because they are “too depressed to work” or have kids that are born one day early (purposely) so they qualify for 18 years as a premature baby. I got story's for days on that topic.

Before you utter the words “class warfare”, read the writing on the wall. This fiscal cliff deal did nothing to hurt those at the top or the bottom, just everyone in between. The rich were not hit hard nor was those too poor to pay taxes, with their 6-10k tax refunds on $13,000 in income.

One of the paramount reasons Obama was elected in the first place was his promise of transparency. You can at least say that’s one campaign promise he lived up to. The middle & working class, the backbone of this country, is under siege and its right out in plain sight. So if you are looking for politics for an ally on either “side” you might need to look again because the only thing these two parties have compromised on is you. They say jump, you say how high.

Open mouth, insert 86 year - old foot

I have spent many times on this blog blasting the collective, race baiting pimps that make up the Congressional Black Caucus of the US Congress. People for the most part who are elected based solely on their race because of either white liberal guilt or because they live in predominately black areas; so it’s a vote based of their color of their skin and NOT the content on their Character. No, this is not the dream Dr Martin Luther King envisioned some 49 years ago.    

I have spent other times berating the K-Street connection including, but not limited to, the interchangeable seats between public servants and public leeches; however hard to disambiguate the two may be. People like Chris Dodd, Trent Lott or William Delahunt (just to name few of many), scum bag elites who wouldn’t know what a moral compass was if it was stuck on their dashboard GPS giving them directions from one lobby to the next back to Capitol Hill.

But above all and connected to the former two examples (and this by no way means there is not other examples of dead beats and crooks with their fangs in the public coffers) are this notion that being elected into public office is a job. The founders never envisioned people would want to spend their careers in politics.

They had work of their own to do and they made more money doing it. Insert raise after raise, health benefits and a lucrative pensions plan and don’t forget them paid junkets and viola… federally elected officials have one of the most lucrative positions someone with no real world skills can obtain. Don’t believe me, ask recently "retired" Jesse Jackson Jr for his resume.

Now with this in mind, one of the best quotes I have seen in some time came this week over the “Fiscal Cliff” debate.

"We are concluding one of the most unsuccessful Congresses in history, noteworthy not only for its failure to accomplish anything of importance, but also for the poisonous climate of the institution."

This was from Democratic Representative John Dingell of Michigan. Dingell, 86, is the longest serving member of the House, who was elected for the first time in 1955. It was in his Inaugural Address, when Lincoln said that the American people:

''have wisely given their public servants but little power for mischief, and have with equal wisdom provided for the return of that little to their own hands at very short intervals.''

Its safe to Mr Dingell never read the address. Over 50 years in congress it’s apparent he’s been inside the beltway too long that he cant see that the real reason for this poisonous climate of the institution is his (and others like him) refusal to return that power of mischief back in short intervals. Instead, he and his ilk have done nothing but rape the virtue of this country and kick & scream when a little gridlock prevents them from getting their filthy hands in the till. Where is the Queen of Hearts when we need her?