What Went Wrong in 2008 On Wall Street

\"...capitalism has been hijacked, and I'm infuriated. For capitalism to work, people who assume risk should reap the rewards of success, but they also must suffer when losses occur.\" ~Leland H. Faust\n In the 2008 implosion, the banks that were bailed out should have been left to go under - their assets stripped and sold, their officers indicted for fraud or driven out into the street, their profits disgorged, they and their children made outcasts, leaving them in the outer darkness,wailing and gnashing their teeth.

\n

This, after all, is the basic moral logic of capitalism - success is rewarded, failure mercilessly punished. And this is EXACTLY what the politicians prevented from happening - all of them, except Ron Paul, who warned about it, and tried to stop it.

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"...capitalism has been hijacked, and I'm infuriated. For capitalism to work, people who assume risk should reap the rewards of success, but they also must suffer when losses occur." ~Leland H. Faust In the 2008 implosion, the banks that were bailed out should have been left to go under - their assets stripped and sold, their officers indicted for fraud or driven out into the street, their profits disgorged, they and their children made outcasts, leaving them in the outer darkness,wailing and gnashing their teeth.

This, after all, is the basic moral logic of capitalism - success is rewarded, failure mercilessly punished. And this is EXACTLY what the politicians prevented from happening - all of them, except Ron Paul, who warned about it, and tried to stop it.

Winner of the NH Debate - RON PAUL!

He was strong. He was himself. \u00A0As Leaonard Read used to say, he didn't \"leak\". And ABC re-ran his best lines coming out of the breaks! MAGNIFICENT;
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He was strong. He was himself.  As Leaonard Read used to say, he didn't "leak". And ABC re-ran his best lines coming out of the breaks! MAGNIFICENT;

No Pornoscan, No Way

[caption id=\"attachment_1347\" align=\"aligncenter\" width=\"300\" caption=\"Michael Chertoff Can Kiss My Fat, Pale, Hairy Ass\"]\"Michael[/caption]\nIn Atlanta yesterday, I \"opted out\" of the pornotron. An unhappy-looking middle-aged gentleman was summoned to give me my Federally mandated physical. Visibly uncomfortable, he did his 'job' such as it was, all the while being coached by a group of apparently low-intelligence, but senior \"workers\". I felt sorry for the man.

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[caption id="attachment_1347" align="aligncenter" width="300" caption="Michael Chertoff Can Kiss My Fat, Pale, Hairy Ass"]Michael Chertoff Can Kiss My Fat, Pale, Hairy Ass[/caption] In Atlanta yesterday, I "opted out" of the pornotron. An unhappy-looking middle-aged gentleman was summoned to give me my Federally mandated physical. Visibly uncomfortable, he did his 'job' such as it was, all the while being coached by a group of apparently low-intelligence, but senior "workers". I felt sorry for the man.

So Long, American Express

\"End\nI cancelled my American Express card today. Throughout most of the past eleven-odd years, American Express has always treated me as well as their spendiest platinum-card holder - letting me buy what I wanted, pay the way I wanted, and helping me any time my card was lost, misplaced, etc., anywhere in the world I went. They ran a decent rewards program that I took full advantage of, their annual fee was reasonable, and, grateful, I never failed to give credit where credit was due, pardon the pun.

\n

So what changed? Well, my life, mostly. When I got married, and started having kids, I realized that the life of a \"road warrior\" was not compatible with the kind of family life I wanted. So I took a job with a LOT less travel, which meant I had much less use for the rewards program, for one thing. Alongside that, tough times in the credit-card business apparently led them to trim back on the rewards, and increase their annual fees. My no-interest \"green card\" was beginning to lose its lustre.

\n

Then, last September, I was picked to attend the International Occupational Hygiene Association conference in Rome, Italy. Having relatively little available cash, but plenty of credit freeboard on my trusty AMEX card, I embarked on my trip confident that it would render me capable of traveling - if not in style, exactly, then at least relative comfort. Boy was THAT a miscalculation.

\n

I discovered that virtually none of the shops, restaurants, pubs, and other attractions I wanted to attend in Rome would accept the American Express card! Aside from high-street luxury-goods shops (and the ever-present moneychangers), my card, which had served as my little plastic passport for so long, in so many places, had apparently worn out its welcome. I started to feel like a customer at Big Pete's House of Munch.

\n

To be fair, credit cards of all issuers were slightly less welcome than a bum's handful of faintly urine-scented euro notes in Rome, the local pastime having become, apparently, the evasion of sales taxes, said pastime being far easier to engage in successfully in cash. But not being able to spend as much as I would have liked on excursions and gifts for the folks at home caused me actual distress. Everywhere I went, the story was the same - 'we don't take the card, the fees are too high'. A welcome loan from one of my traveling companions eased my discomfort a bit, and allowed me to enjoy my trip more than otherwise. Traveling with the boss does have its compensations too.

\n

I resisted the urge to cancel the card precipitiously, deciding that one bad experience shouldn't compromise an otherwise mutually-beneficial relationship. But ultimately I could not let bygones be bygones. So I called today to cancel. The service rep I talked to sounded genuinely sympathetic, but the \"member services\" person I was transferred to simply tried to sell me a different (revolving interest) card, in which I had no interest, HO HO. She promptly then closed the account with little fanfare.

\n

It's sad for me personally, and it felt like the passing of an era in travel.

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End Of An Era I cancelled my American Express card today. Throughout most of the past eleven-odd years, American Express has always treated me as well as their spendiest platinum-card holder - letting me buy what I wanted, pay the way I wanted, and helping me any time my card was lost, misplaced, etc., anywhere in the world I went. They ran a decent rewards program that I took full advantage of, their annual fee was reasonable, and, grateful, I never failed to give credit where credit was due, pardon the pun.

So what changed? Well, my life, mostly. When I got married, and started having kids, I realized that the life of a "road warrior" was not compatible with the kind of family life I wanted. So I took a job with a LOT less travel, which meant I had much less use for the rewards program, for one thing. Alongside that, tough times in the credit-card business apparently led them to trim back on the rewards, and increase their annual fees. My no-interest "green card" was beginning to lose its lustre.

Then, last September, I was picked to attend the International Occupational Hygiene Association conference in Rome, Italy. Having relatively little available cash, but plenty of credit freeboard on my trusty AMEX card, I embarked on my trip confident that it would render me capable of traveling - if not in style, exactly, then at least relative comfort. Boy was THAT a miscalculation.

I discovered that virtually none of the shops, restaurants, pubs, and other attractions I wanted to attend in Rome would accept the American Express card! Aside from high-street luxury-goods shops (and the ever-present moneychangers), my card, which had served as my little plastic passport for so long, in so many places, had apparently worn out its welcome. I started to feel like a customer at Big Pete's House of Munch.

To be fair, credit cards of all issuers were slightly less welcome than a bum's handful of faintly urine-scented euro notes in Rome, the local pastime having become, apparently, the evasion of sales taxes, said pastime being far easier to engage in successfully in cash. But not being able to spend as much as I would have liked on excursions and gifts for the folks at home caused me actual distress. Everywhere I went, the story was the same - 'we don't take the card, the fees are too high'. A welcome loan from one of my traveling companions eased my discomfort a bit, and allowed me to enjoy my trip more than otherwise. Traveling with the boss does have its compensations too.

I resisted the urge to cancel the card precipitiously, deciding that one bad experience shouldn't compromise an otherwise mutually-beneficial relationship. But ultimately I could not let bygones be bygones. So I called today to cancel. The service rep I talked to sounded genuinely sympathetic, but the "member services" person I was transferred to simply tried to sell me a different (revolving interest) card, in which I had no interest, HO HO. She promptly then closed the account with little fanfare.

It's sad for me personally, and it felt like the passing of an era in travel.

Congress Officially "Deplores" Iraqi Torture by US Troops

(5/10/2004)\n

Ugh! Where do I start on this one? The US Congress officially \"deplored\" Iraqi atrocities by a vote of 365 to 50. Am I to believe that they didn't feel a need to actually declare war on Iraq but now feel justified in officially feeling bad over the consequences?

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Ron Paul (R-TX), by the way, voted against the resolution on the grounds that it is not one of Congress' enumerated duties so I guess he'll be ridiculed by his democratic challenger this fall for \"condoning\" Iraqi atrocities!

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http://capwiz.com/liberty/issues/votes/?votenum=150&chamber=H&congress=1082&tally=1

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I, myself, would like to officially register \"disgust\" at the whole matter.

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(5/10/2004)

Ugh! Where do I start on this one? The US Congress officially "deplored" Iraqi atrocities by a vote of 365 to 50. Am I to believe that they didn't feel a need to actually declare war on Iraq but now feel justified in officially feeling bad over the consequences?

Ron Paul (R-TX), by the way, voted against the resolution on the grounds that it is not one of Congress' enumerated duties so I guess he'll be ridiculed by his democratic challenger this fall for "condoning" Iraqi atrocities!

http://capwiz.com/liberty/issues/votes/?votenum=150&chamber=H&congress=1082&tally=1

I, myself, would like to officially register "disgust" at the whole matter.

Welcome To Our Blog!

(5/10/2004)\n

This is a blog devoted to liberty-minded individuals that want to make a difference. Feel free to read up on what's going on and to comment on any article by clicking its title and using the form at the bottom of the article's detail page. We feel a need for a site like this to ask the relevant questions that aren't being asked by today's conservative media. And since there also seems to be a disconnect between current events, history, economic and logic, we hope to tie them all together.

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(5/10/2004)

This is a blog devoted to liberty-minded individuals that want to make a difference. Feel free to read up on what's going on and to comment on any article by clicking its title and using the form at the bottom of the article's detail page. We feel a need for a site like this to ask the relevant questions that aren't being asked by today's conservative media. And since there also seems to be a disconnect between current events, history, economic and logic, we hope to tie them all together.

Proposed List Of Demands For Occupy Wall St Movement!

\"\"\nA guy named Lloyd J. Hart proposes a list of DEMANDS the Occupy Wall St. protestors might make, assuming they succeed at, well, I'm not exactly sure what they are trying to accomplish, though I sympathize with the impulse. The demands are listed here. Iam going to take the bait and critique each demand;

\n

\nDemand one: Restoration of the living wage. This demand can only be met by ending \"Freetrade\" by re-imposing trade tariffs on all imported goods entering the American market to level the playing field for domestic family farming and domestic manufacturing as most nations that are dumping cheap products onto the American market have radical wage and environmental regulation advantages. Another policy that must be instituted is raise the minimum wage to twenty dollars an hr.

\n

This is actually two or three demands, as far as I can tell. The first demand, a high, protectionist tarriff, has an easy answer - Mr. Smoot, meet Mr. Hawley ( from the US State Department website); \"U.S. exports to Europe fell from $2,341 million in 1929 to $784 million in 1932. Overall, world trade declined by some 66% between 1929 and 1934.\" Also a $20 minimum wage, which will have the immediate effect of rendering everyone whose marginal revenue product is less than $20 unemployed and unemployable forever, or at least as long as it takes for the stupidity of said law to become grotesquely apparent.

\n

\nDemand two: Institute a universal single payer healthcare system. To do this all private insurers must be banned from the healthcare market as their only effect on the health of patients is to take money away from doctors, nurses and hospitals preventing them from doing their jobs and hand that money to wall st. investors.

\n

Actually, the only effect medical insurance would have in a completely free market for medical care is that people who have uncertainty about the likelihood of future major medical medical expenses purchase inexpensive catastrophic coverage, and the provider of said coverage makes a profit. Otherwise, everyone else enjoys cheap, freely-available healthcare, unburdened by the awful AMA and FDA.

\n

\nDemand three: Guaranteed living wage income regardless of employment.\n

\n

Extends demand 1A to people who cannot or will not produce a marginal revenue product at all. As if subsidizing unemployment has ever done anything but create more of it.

\n

\nDemand four: Free college education.

\n

Already done. You can get the very best college education imaginable completely free ,well, almost. You have to have a computer and an internet connection to access MIT's entire curriculum for free, on line. Beats the hell out of spending $250,000, and six years at a shitty state school, drinking beer and hooking up, doesn't it?

\n

\nDemand five: Begin a fast track process to bring the fossil fuel economy to an end while at the same bringing the alternative energy economy up to energy demand.

\n

Already well underway. The rise in price of fossil fuels (when you tease out Fed inflation) is moving slowly and steadily upward. Or, at least it would be without massive government subsidies to fossil fuel industries such as pollution permits, tax policy, and direct military intervention. Nuclear power has an even worse government subsidy regime. And as for current alternative energy policies, they only serve to subsidize old tech, are economically dubious at best, or, as in the case of Solyndra, ethanol, and other boondoggles cross the line into criminality and fraud.

\n

\nDemand six: One trillion dollars in infrastructure (Water, Sewer, Rail, Roads and Bridges and Electrical Grid) spending now.\n

\n

Again, mostly done. the Obama Stimulus spent, what, $750 billion on exactly that. And as you can see, all of our pressing infrastructure needs are completely resolved.

\n

\nDemand seven: One trillion dollars in ecological restoration planting forests, reestablishing wetlands and the natural flow of river systems and decommissioning of all of America's nuclear power plants.\n

\n

7a) Give all federal lands back to nature and allow anyone to homestead them. 7b) End the TVA and BPA, here and all other monstrous Federal Dam authorities. 7c) End Price-Anderson, The Department of Energy, the Nuclear Regulatory Commission, and all state Public Utility Commissions, and make the contractors who built them and the companies that run them fully liable for any damage to persons or property.

\n

\nDemand eight: Racial and gender equal rights amendment.\n

\n

8a) Done, see the 13th amendment. 8b) Tried that, almost passed until women realized what a raw deal it was for them.

\n

\nDemand nine: Open borders migration. anyone can travel anywhere to work and live.\n

\n

Easy enough. End the Drug War and the Welfare state, or at least put a time threshold on collecting benefits, say 5 years. Then an open border would be welfare-neutral. Small side-effect though - immigrants will work you out of a job, kinda neutralizes Demand 1A.

\n

\nDemand ten: Bring American elections up to international standards of a paper ballot precinct counted and recounted in front of an independent and party observers system.\n

\n

Not sure how this helps, when there is no real choice in US elections, but OK, I'll give you that one.

\n

\nDemand eleven: Immediate across the board debt forgiveness for all. Debt forgiveness of sovereign debt, commercial loans, home mortgages, home equity loans, credit card debt, student loans and personal loans now! All debt must be stricken from the \"Books.\" World Bank Loans to all Nations, Bank to Bank Debt and all Bonds and Margin Call Debt in the stock market including all Derivatives or Credit Default Swaps, all 65 trillion dollars of them must also be stricken from the \"Books.\" And I don't mean debt that is in default, I mean all debt on the entire planet period.

\n

11a) Forgiveness of sovereign debt - Well, finally a demand we wholeheartedly agree with! I didn't consent to any politician running up a debt, I damn sure don't want me, my children, or my great-great-great-great grandchildren held responsible to pay for Bush's and Obama's wars; 11b)Commercial loans already have a forgivenness provision, it's called BANKRUPTCY; 11c) Ditto for individuals; 11d) I told you you can get a college education for free, why the hell did you take out crushing loans?; 11e) See 11a); 11f) Are you sh!tting me? Letting the BANKS out of their obligations? They have already been bailed out tho the tune of $TRILLIONS. You sound like a corporatist! I assume this was an oversight.

\n

\nDemand twelve: Outlaw all credit reporting agencies.\n

\n

Tough to do, we do have a thing called the First Amendment.

\n

\nDemand thirteen: Allow all workers to sign a ballot at any time during a union organizing campaign or at any time that represents their yeah or nay to having a union represent them in collective bargaining or to form a union.\n

\n

DONE. Any worker can sign any paper at any time now. Oh, you mean then that an employer has to recognize said paper as a legal binding obligation on him under penalty of law! Um, that's going to be difficult to do. There are a lot of unemployed people already who will not likely favor this idea once it becomes apparent that this will make unemployment worse.

\n

\nThese demands will create so many jobs it will be completely impossible to fill them without an open borders policy.\n

\n

A complete non-sequitur, but OK, let's see how it pans out.

\n

But come on, people, where is the radicalism? Where are the demands to End the Wars, End the Drug War, and End the Federal Reserve? Too busy grabbing socialist loot I guess.

\n

That's OK - Ron Paul has got you covered.

","wysiwyg":{"engine":"code","isSource":false,"mode":"htmlmixed","source":""}}" data-block-type="2" id="block-507cb5d0e4b0ea4e4445972d">

A guy named Lloyd J. Hart proposes a list of DEMANDS the Occupy Wall St. protestors might make, assuming they succeed at, well, I'm not exactly sure what they are trying to accomplish, though I sympathize with the impulse. The demands are listed here. Iam going to take the bait and critique each demand;

Demand one: Restoration of the living wage. This demand can only be met by ending "Freetrade" by re-imposing trade tariffs on all imported goods entering the American market to level the playing field for domestic family farming and domestic manufacturing as most nations that are dumping cheap products onto the American market have radical wage and environmental regulation advantages. Another policy that must be instituted is raise the minimum wage to twenty dollars an hr.

This is actually two or three demands, as far as I can tell. The first demand, a high, protectionist tarriff, has an easy answer - Mr. Smoot, meet Mr. Hawley ( from the US State Department website); "U.S. exports to Europe fell from $2,341 million in 1929 to $784 million in 1932. Overall, world trade declined by some 66% between 1929 and 1934." Also a $20 minimum wage, which will have the immediate effect of rendering everyone whose marginal revenue product is less than $20 unemployed and unemployable forever, or at least as long as it takes for the stupidity of said law to become grotesquely apparent.

Demand two: Institute a universal single payer healthcare system. To do this all private insurers must be banned from the healthcare market as their only effect on the health of patients is to take money away from doctors, nurses and hospitals preventing them from doing their jobs and hand that money to wall st. investors.

Actually, the only effect medical insurance would have in a completely free market for medical care is that people who have uncertainty about the likelihood of future major medical medical expenses purchase inexpensive catastrophic coverage, and the provider of said coverage makes a profit. Otherwise, everyone else enjoys cheap, freely-available healthcare, unburdened by the awful AMA and FDA.

Demand three: Guaranteed living wage income regardless of employment.

Extends demand 1A to people who cannot or will not produce a marginal revenue product at all. As if subsidizing unemployment has ever done anything but create more of it.

Demand four: Free college education.

Already done. You can get the very best college education imaginable completely free ,well, almost. You have to have a computer and an internet connection to access MIT's entire curriculum for free, on line. Beats the hell out of spending $250,000, and six years at a shitty state school, drinking beer and hooking up, doesn't it?

Demand five: Begin a fast track process to bring the fossil fuel economy to an end while at the same bringing the alternative energy economy up to energy demand.

Already well underway. The rise in price of fossil fuels (when you tease out Fed inflation) is moving slowly and steadily upward. Or, at least it would be without massive government subsidies to fossil fuel industries such as pollution permits, tax policy, and direct military intervention. Nuclear power has an even worse government subsidy regime. And as for current alternative energy policies, they only serve to subsidize old tech, are economically dubious at best, or, as in the case of Solyndra, ethanol, and other boondoggles cross the line into criminality and fraud.

Demand six: One trillion dollars in infrastructure (Water, Sewer, Rail, Roads and Bridges and Electrical Grid) spending now.

Again, mostly done. the Obama Stimulus spent, what, $750 billion on exactly that. And as you can see, all of our pressing infrastructure needs are completely resolved.

Demand seven: One trillion dollars in ecological restoration planting forests, reestablishing wetlands and the natural flow of river systems and decommissioning of all of America's nuclear power plants.

7a) Give all federal lands back to nature and allow anyone to homestead them. 7b) End the TVA and BPA, here and all other monstrous Federal Dam authorities. 7c) End Price-Anderson, The Department of Energy, the Nuclear Regulatory Commission, and all state Public Utility Commissions, and make the contractors who built them and the companies that run them fully liable for any damage to persons or property.

Demand eight: Racial and gender equal rights amendment.

8a) Done, see the 13th amendment. 8b) Tried that, almost passed until women realized what a raw deal it was for them.

Demand nine: Open borders migration. anyone can travel anywhere to work and live.

Easy enough. End the Drug War and the Welfare state, or at least put a time threshold on collecting benefits, say 5 years. Then an open border would be welfare-neutral. Small side-effect though - immigrants will work you out of a job, kinda neutralizes Demand 1A.

Demand ten: Bring American elections up to international standards of a paper ballot precinct counted and recounted in front of an independent and party observers system.

Not sure how this helps, when there is no real choice in US elections, but OK, I'll give you that one.

Demand eleven: Immediate across the board debt forgiveness for all. Debt forgiveness of sovereign debt, commercial loans, home mortgages, home equity loans, credit card debt, student loans and personal loans now! All debt must be stricken from the "Books." World Bank Loans to all Nations, Bank to Bank Debt and all Bonds and Margin Call Debt in the stock market including all Derivatives or Credit Default Swaps, all 65 trillion dollars of them must also be stricken from the "Books." And I don't mean debt that is in default, I mean all debt on the entire planet period.

11a) Forgiveness of sovereign debt - Well, finally a demand we wholeheartedly agree with! I didn't consent to any politician running up a debt, I damn sure don't want me, my children, or my great-great-great-great grandchildren held responsible to pay for Bush's and Obama's wars; 11b)Commercial loans already have a forgivenness provision, it's called BANKRUPTCY; 11c) Ditto for individuals; 11d) I told you you can get a college education for free, why the hell did you take out crushing loans?; 11e) See 11a); 11f) Are you sh!tting me? Letting the BANKS out of their obligations? They have already been bailed out tho the tune of $TRILLIONS. You sound like a corporatist! I assume this was an oversight.

Demand twelve: Outlaw all credit reporting agencies.

Tough to do, we do have a thing called the First Amendment.

Demand thirteen: Allow all workers to sign a ballot at any time during a union organizing campaign or at any time that represents their yeah or nay to having a union represent them in collective bargaining or to form a union.

DONE. Any worker can sign any paper at any time now. Oh, you mean then that an employer has to recognize said paper as a legal binding obligation on him under penalty of law! Um, that's going to be difficult to do. There are a lot of unemployed people already who will not likely favor this idea once it becomes apparent that this will make unemployment worse.

These demands will create so many jobs it will be completely impossible to fill them without an open borders policy.

A complete non-sequitur, but OK, let's see how it pans out.

But come on, people, where is the radicalism? Where are the demands to End the Wars, End the Drug War, and End the Federal Reserve? Too busy grabbing socialist loot I guess.

That's OK - Ron Paul has got you covered.

Vote For School Expansion!

$25 MILLION School construction bond referendum tomorrow in East Greenwich and Swedesboro-Woolwich. Polls open 7am - 9pm. Don't forget to vote!\n[caption id=\"attachment_1306\" align=\"aligncenter\" width=\"300\" caption=\"Vote For GreA+ Schools! YES!\"]\"Vote[/caption]

\n

Also check out the detailed Q&A on the project, and the referenda.

","wysiwyg":{"engine":"code","isSource":false,"mode":"htmlmixed","source":""}}" data-block-type="2" id="block-507cb5cfe4b0ea4e4445971a">

$25 MILLION School construction bond referendum tomorrow in East Greenwich and Swedesboro-Woolwich. Polls open 7am - 9pm. Don't forget to vote! [caption id="attachment_1306" align="aligncenter" width="300" caption="Vote For GreA+ Schools! YES!"]Vote For GreA+ Schools! YES![/caption]

Also check out the detailed Q&A on the project, and the referenda.

Elizabeth Warren, and that "Social Contract"

Sheldon Richman points out in The Freeman today that Elizabeth Warren, late of presidential advising, and snubbed for a prime sinecure is running for Senate from Massachussetts. Her ads mar all my Facebook pages, and as Sheldon points out, her entire schtick is that rich corporations benefitted from taxpayer largesse, so they should pay more, a lot more. Left out of this equation are the other 100 - 200 million taxpayers, and what THEY would rather have done with the money. But that's life in the Left Lane, isn't it? Full of sleight-of-hand and rhetorical tricks.\nI commute in southern New Jersey on either I-295 (taxpayer-paid) or the New Jersey Turnpike (user-fee paid with some taxpayer subsidy) \u2013 they run roughly parallel along this stretch, so they \u201Ccompete\u201D for users. Because the NJTPK is tolled, while I-295 is not, you would think that a business using this route, say Bolt Bus or one of the Chinatown buses would use I-295 exclusively. In fact, while there is some of both, most of them appear to prefer the Turnpike. Why is that so? After all, they are already paying corporate tax, payroll tax, fuel tax, and apportioned highway taxes, but on TOP of that, to use the Turnpike, they ALSO have to pay a (presumably significant) TOLL. Why, exactly, IS that?

","wysiwyg":{"engine":"code","isSource":false,"mode":"htmlmixed","source":""}}" data-block-type="2" id="block-507cb5cfe4b0ea4e44459717">

Sheldon Richman points out in The Freeman today that Elizabeth Warren, late of presidential advising, and snubbed for a prime sinecure is running for Senate from Massachussetts. Her ads mar all my Facebook pages, and as Sheldon points out, her entire schtick is that rich corporations benefitted from taxpayer largesse, so they should pay more, a lot more. Left out of this equation are the other 100 - 200 million taxpayers, and what THEY would rather have done with the money. But that's life in the Left Lane, isn't it? Full of sleight-of-hand and rhetorical tricks. I commute in southern New Jersey on either I-295 (taxpayer-paid) or the New Jersey Turnpike (user-fee paid with some taxpayer subsidy) – they run roughly parallel along this stretch, so they “compete” for users. Because the NJTPK is tolled, while I-295 is not, you would think that a business using this route, say Bolt Bus or one of the Chinatown buses would use I-295 exclusively. In fact, while there is some of both, most of them appear to prefer the Turnpike. Why is that so? After all, they are already paying corporate tax, payroll tax, fuel tax, and apportioned highway taxes, but on TOP of that, to use the Turnpike, they ALSO have to pay a (presumably significant) TOLL. Why, exactly, IS that?

Ron Paul: The Only One We Can Trust - YouTube

Forbes: Is Thorium the Biggest Energy Breakthrough Since Fire?

Is it, really? Then let them try it, with no subsidies.

No monopoly distribution model.

No State PUC, NRC, or Department of Energy protection from competition.

No Price-Anderson Indemnification.

No carbon taxes.

No disposal subsidy.

No lawsuit protection or "tort reform".

No EPA pollution "permits".

No favorable tax treatment.

Build it on the market, or not at all.

Is Thorium the Biggest Energy Breakthrough Since Fire? Possibly. - Forbes.

When I Was Seven...

\u2026I would have traded my left eye for a bike this cool;\n\"\"

\n

LOOK at the friggin\u2019 MAG WHEELS, for one thing. HOLY SH!T!

\n

But if you go by the idiots that post reviews of stuff online, it\u2019s a cheap piece of crap;

\n

http://answers.yahoo.com/question/index?qid=20250806100208AAUILrE

\n

Is a 20\" Mongoose Rebel Freestyle Bike a good bmx bike?

\n

\u201CI was just wondering is this was a good bike because i have this bike and I want to start bmx. So yeah. And what are good brakes for this bike?\nPlease answer. Thanks \u201C

\n

\"Chipilinby Chipilin the pug

\n

Member since:

\n

July 09, 2025

\n

Total points:

\n

856 (Level 2)

\n

Best Answer -\u00A0Chosen\u00A0by Voters

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\u201Cnoo not good they suck if its from\u00A0walmart or any other dept store so no it sucks its to heavy. a goodBMX bike costs like 900 and up get a haro only buy the bike at\u00A0bike shops no where else\u201D

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Apparently, according to these geniuses, you have to spend $300 - $800 (and definitely NOT $130 at Wal*Mart) to get an acceptable bike for a SEVEN YEAR OLD.

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SIGH.

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…I would have traded my left eye for a bike this cool;

LOOK at the friggin’ MAG WHEELS, for one thing. HOLY SH!T!

But if you go by the idiots that post reviews of stuff online, it’s a cheap piece of crap;

http://answers.yahoo.com/question/index?qid=20250806100208AAUILrE

Is a 20" Mongoose Rebel Freestyle Bike a good bmx bike?

“I was just wondering is this was a good bike because i have this bike and I want to start bmx. So yeah. And what are good brakes for this bike? Please answer. Thanks “

Chipilin the pugby Chipilin the pug

Member since:

July 09, 2025

Total points:

856 (Level 2)

Best Answer - Chosen by Voters

“noo not good they suck if its from walmart or any other dept store so no it sucks its to heavy. a goodBMX bike costs like 900 and up get a haro only buy the bike at bike shops no where else”

Apparently, according to these geniuses, you have to spend $300 - $800 (and definitely NOT $130 at Wal*Mart) to get an acceptable bike for a SEVEN YEAR OLD.

SIGH.

Heartburn, Reflux, Ulcers, And Me

I read this article on lewrockwell.com today, and was prompted to share my heartburn and reflux experiences;\nI suffered from terrible reflux, and, eventually, ulcers. Here is what I discovered were my triggers, and why I think they affected me;

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1) Colas and other sodas with phosphoric acid. I noticed that the large amounts of coke and pepsi I drank were associated with heartburn and reflux, but other sodas without phosphoric acid were not.

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2) Cured pork products. I LOVE the taste of all the cured pork products, such as pork roll, bacon, scrapple, et al. All of them caused or exacerbated my symptoms. Convenience-store hot dogs are almost invariably pork, and would invariably cause reflux.

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3) Lard in baked goods. I \u00A0noticed that packaged baked goods containing lard (and probably trans fats too) gave me terrible hearburn.

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4) Highly fatty meats. Philly cheese steaks and pork sandwiches were the next to go :o(

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5) Coffee from a coffee truck. This one was a real mystery - I could not figure out why this gave me so much trouble, when coffee from home or a convenience store usually didn't. I deduced that while the coffee makers in the convenience stores were likely cleaned frequently, the urns on the coffee trucks are difficult to clean, and so likely harbor heliobacter pylori, the bacterium that causes ulcers. (I still have yet to prove this theory, luckily I work in a laboratory that can help me).

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6) Eating right before (or in) bed. Allowing time to digest the food and allowing acid production to subside decreased my symptoms tremendously.

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7) Sleeping on my back. By switching to sleeping on my right side, my symptoms abated significantly.

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8) Untreated ulcer symptoms. All of the above, plus a significant amount of personal and work stress eventually put me in the hospital.

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9) Misdiagnosed ulcer symptoms. Major university hospital totally misdiagnosed my severe gut pain as appendicitis.One perfectly-pink appendix and 2 weeks later the symptoms returned.

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10) After they returned, a visit to an old-school D.O. resulted in a prescription for prilosec, which along with avoiding all of my known triggers (and changing my work and personal situations) allowed my ulcer to heal.

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And by mostly avoiding the triggers, I can even on occasion enjoy some of the forbidden foods (yum, scrapple!)

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8 Foods that Cause Acid Reflux | Natural Health & Organic Living Blog.

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I read this article on lewrockwell.com today, and was prompted to share my heartburn and reflux experiences; I suffered from terrible reflux, and, eventually, ulcers. Here is what I discovered were my triggers, and why I think they affected me;

1) Colas and other sodas with phosphoric acid. I noticed that the large amounts of coke and pepsi I drank were associated with heartburn and reflux, but other sodas without phosphoric acid were not.

2) Cured pork products. I LOVE the taste of all the cured pork products, such as pork roll, bacon, scrapple, et al. All of them caused or exacerbated my symptoms. Convenience-store hot dogs are almost invariably pork, and would invariably cause reflux.

3) Lard in baked goods. I  noticed that packaged baked goods containing lard (and probably trans fats too) gave me terrible hearburn.

4) Highly fatty meats. Philly cheese steaks and pork sandwiches were the next to go :o(

5) Coffee from a coffee truck. This one was a real mystery - I could not figure out why this gave me so much trouble, when coffee from home or a convenience store usually didn't. I deduced that while the coffee makers in the convenience stores were likely cleaned frequently, the urns on the coffee trucks are difficult to clean, and so likely harbor heliobacter pylori, the bacterium that causes ulcers. (I still have yet to prove this theory, luckily I work in a laboratory that can help me).

6) Eating right before (or in) bed. Allowing time to digest the food and allowing acid production to subside decreased my symptoms tremendously.

7) Sleeping on my back. By switching to sleeping on my right side, my symptoms abated significantly.

8) Untreated ulcer symptoms. All of the above, plus a significant amount of personal and work stress eventually put me in the hospital.

9) Misdiagnosed ulcer symptoms. Major university hospital totally misdiagnosed my severe gut pain as appendicitis.One perfectly-pink appendix and 2 weeks later the symptoms returned.

10) After they returned, a visit to an old-school D.O. resulted in a prescription for prilosec, which along with avoiding all of my known triggers (and changing my work and personal situations) allowed my ulcer to heal.

And by mostly avoiding the triggers, I can even on occasion enjoy some of the forbidden foods (yum, scrapple!)

8 Foods that Cause Acid Reflux | Natural Health & Organic Living Blog.

You Think YOUR Job is Tough? Try This!

Foundry workers in West Bengal, India

I would love to study the safety culture of this plant - if it is even half as safe as the manager claims it is, we could learn a tremendous amount about what it takes to run a truly safe operation;

New York Manhole Covers, Forged Barefoot in India - New York Times;

“We can’t maintain the luxury of Europe and the United States, with all the boots and all that,” said Sunil Modi, director of Shakti Industries. He said, however, that the foundry never had accidents. He was concerned about the attention, afraid that contracts would be pulled and jobs lost...

India’s 1948 Factory Safety Act addresses cleanliness, ventilation, waste treatment, overtime pay and fresh drinking water, but the only protective gear it specifies is safety goggles.

Mr. Modi said that his factory followed basic safety regulations and that workers should not be barefoot. “It must have been a very hot day” when the photos were taken, he said...

...At the Shakti Industries foundry, “there are no accidents, never ever. Period,” Mr. Modi said. “By God’s will, it’s all fine.”

via New York Manhole Covers, Forged Barefoot in India - New York Times.

CNN’s Sanjay Gupta Thinks Battlefield Medicine Is Just Super

I happened to catch a bit of this on XM the other morning, and I was SHOCKED by the, er, ENTHUSIASM Gupta and his co-host showed toward the idea that getting to work on war-pulverized bodies was a good thing; CNN’s Sanjay Gupta, MD highlights Battlefield Breakthroughs - National Military Community | Examiner.com.

Peter Schiff powns The Ben Bernank

"...by claiming that the dollars exchange rate has no effect on domestic prices, Mr. Bernanke demonstrates that he probably lacks the competence to be a bank teller, let alone Chairman of the Federal Reserve. A weaker dollar means Americans have to pay more for imported goods. But it also means domestic producers have to pay more for raw materials and imported components, which raises domestic production costs as well. It also means that more domestically produced goods are exported, reducing the supply and raising the price of what is left for Americans to consume. This is Econ 101." via It Aint Money If I Cant Print It! by Peter Schiff.

The L Magazine - On the Influence of Guided by Voices and Robert Pollard

\"...the songs are always accessible and welcoming to the listener, they have a warmth, like they\u2019re inviting you in and handing you a beer. Plus their sense of melody, and of course their economy of hooks is still astounding\u2014they can do so much with so little, sound so epic in under a minute. I can\u2019t think of any other band that does that.\" - Ezra Feinberg, Citay\nvia Inspiration Drills: On the Influence of Guided by Voices and Robert Pollard | Features | The L Magazine - New York City's Local Event and Arts & Culture Guide.

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"...the songs are always accessible and welcoming to the listener, they have a warmth, like they’re inviting you in and handing you a beer. Plus their sense of melody, and of course their economy of hooks is still astounding—they can do so much with so little, sound so epic in under a minute. I can’t think of any other band that does that." - Ezra Feinberg, Citay via Inspiration Drills: On the Influence of Guided by Voices and Robert Pollard | Features | The L Magazine - New York City's Local Event and Arts & Culture Guide.