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WHO IS MORE DIVORCED FROM REALITY -- REPUBLICANS OR DEMOCRATS? Print E-mail
Written by Jack Kelly   
Wednesday, 20 March 2013

The farthest known galaxy is about 13.3 billion light years from here.  But MACS0647-JD may be closer to earth than Democrats and Republicans are to each other on taxes, spending and debt -- and either is to reality.

Last week, House Republicans presented their proposed budget for the 2014 fiscal year, which begins Oct. 1.  Senate Democrats (for the first time in four years) offered a budget, too.

The Congressional Budget Act requires the Congressional Budget Office to project federal spending and tax revenues ten years into the future.  This lets lawmakers and staff try their hand at writing fiction.  So who's writing more fiction here, the Pubs or the Dems?
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WHAT IF THERE IS A GOD AND IT'S NOT BARACK OBAMA? Print E-mail
Written by To The Point News   
Friday, 22 March 2013

Credentialed specialists in political cosmology and government-approved astrophysics are grappling with a mind-bending possibility: what if there is some force other than government power that is responsible for the world in which we live?

This unexpected schism is caused by recent experiments at the Large Handout Deficit Collider, in which generated sequester particles did not cause the universe to implode as predicted.

The original plan called for shooting highly charged irresistible Keynesian public stimulus forces at immovable wealthy private capital objects, in the hope of creating enough monetary fusion products to keep the economy's momentum from decelerating for another summer.

Theoreticians believed if the deficit could not reach sanity escape velocity, huge numbers of sequester particles would be released, which would generate financial black holes and quickly envelop all observable too-big-to-fail banks, eventually compressing the entire world economy into a space smaller than Joe Biden's brain. However....
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HALF-FULL REPORT 03/15/13 Print E-mail
Written by Jack Kelly   
Friday, 15 March 2013

There is a new pope.  To the surprise and dismay of most in the MSM, he's Catholic.
* * * *
Anti-American statements by Afghan President Hamid Karzai have put our troops at greater risk, said our commander there.
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Rep. Paul Ryan (R-Wis) has released his budget plan for FY 2014, which begins Oct. 1.  It would lead to a balanced budget in 10 years without raising taxes, because it would reduce currently projected spending over the decade by $5.7 trillion. The national debt as a proportion of GDP would decline to 62.3 percent. But if would actually reduce federal spending.

Senate Democrats will offer a budget for the first time in four years.  Under it, federal spending would rise 62 percent over the decade. Deficits would be more than $400 billion every year. 

Ryan assumes the economy will grow at a rate of a little more than 3 percent a year, which has been described as "rosy," since growth was much lower than that in Zero's first term. The GDP growth assumptions in the Democrat budget (an average of 4.9 percent a year) are positively surreal.
* * * * 
Cancelling White House tours has backfired big time.  A judge tossed out Nanny Bloomberg's "arbitrary and capricious" ban on large sodas.  The Inspector General for the Justice Department slapped around the Civil Rights division.
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EMBALMING FREEDOM Print E-mail
Written by Dr. Jack Wheeler   
Tuesday, 12 March 2013

 "He's one of these narcissistic, charismatic sociopaths history has been bedeviled with for millennia.  These folks are pathological liars, they care nothing for ‘the people' whom they pretend to love, their lives are devoted to ruling over others and controlling their lives, they bring misery to those they rule yet are worshipped nonetheless.  Obama-worship is like some kind of religious cult, whose high priests are the media elite.  Obama feeds off it, so his desire for more power and creating more misery increases.  The human capacity to worship such sociopaths is one of life's mysteries."

Asunción, Paraguay.  The Congressman who told me that during the dinner conversation I described in The Traitor in the White House (2/20/13) voiced what I have never understood:  the human capacity to worship evil.

The Congressman was talking about Zero, but his words apply even more so here in South America to the man the whole continent is fixated on right now, Hugo Chavez.  On every TV news show, in every newspaper and magazine, it's Chavez 24/7.  And most all of it is lies.

Let's start with what every spook agency in the world knows - from Langley to Whitehall to the KGB/FSB and China's MSS - but no major media outlet is reporting:  Chavez didn't die on March 5th in Venezuela, he died January 3rd in Cuba.
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THE GLOBAL SLUMP AND THE US STOCK BOOM ILLUSION Print E-mail
Written by Ambrose Evans-Pritchard   
Tuesday, 12 March 2013

Asia's economic recovery is losing momentum and Europe's slump is proving deeper than expected, raising concerns that soaring stock markets globally have jumped ahead of economic reality.

Japan's closely-watched index for machinery orders fell 13% in January, nearing levels last seen after the Lehman Brothers crisis. "It is a shockingly poor number and illustrates the divergence between the improvement in sentiment in financial markets and what is actually happening on the ground," said Julian Jessop from Capital Economics.

China's industrial output rose 0.6% in January and 0.8% in February, the slowest pace since early last year. Retail sales growth dropped to 12.3%, the weakest since early 2004. "The goal of consumer-led growth remains a pipe dream for now," said the group's China economist, Qinwei Wang. "The economic rebound may already be stalling."

The US economy is holding up, as cheap shale gas drives a manufacturing revival, but Charles Dumas from Lombard Street Research said America still has to navigate the most drastic fiscal squeeze since the Second World War. "We think tightening will be 2.5% of GDP this year and that will hit profits," he said. "We expect a 10-20% correction in the S&P 500."
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WHY DO WE STAND FOR FEDERALIES LIVING LARGE WHILE MILLIONS OF US HAVE NO JOBS? Print E-mail
Written by Jack Kelly   
Thursday, 14 March 2013

For the first time in more than half a century, "the average American is both earning less and worth less than four years earlier," the New York Times reported last June.

Total household net worth is nearly 7 percent below what it had been in 2007, the Federal Reserve estimated then.

Per capita income in the U.S. in 2008 was $40,947.  It rose to $41,560 in 2011, an increase of just 1.5 percent.  But because inflation rose more than that, purchasing power declined.

What have been hard times for most Americans have been boom times for the federal government and for federal employees.  They, including the president, work for us.  Why do we stand for them, including the president, to live large at our expense, when tens of millions of us have no jobs?
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TO CLAIM CUTTING FEDERAL SPENDING WILL COST JOBS IS NONSENSE Print E-mail
Written by Richard Rahn   
Wednesday, 13 March 2013

The head of the Obama White House National Economic Council, Gene Sperling, who is a lawyer, has been claiming that "all economists" agree that sequestration will cost 750,000 jobs. I am an economist with a doctorate from Columbia University, and I don't agree.

The fact is that most classical and Austrian school economists also don't agree (including many Nobel laureates), because they understand that U.S. government spending is well above the optimum for economic growth and job creation, which means that less government spending will create more jobs, not fewer.

The Republicans should use the Continuing Resolution and the budget cap to force a further slowdown in the growth of government, and thus, less federal spending as a share of GDP. This should result in even more private-sector job creation, provided that there is restraint by the administration on all the new job-killing regulations.
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A SOCIETY OF ILLITERATES Print E-mail
Written by Jack Kelly   
Wednesday, 13 March 2013

"The foundation of every state is the education of its youth," said Diogenes Laertius, a third century biographer of the ancient Greek philosophers.  The foundation of our nation is in alarming disrepair.

Ours is now the only major economy in the world where today's students will not be better educated than their parents were, said Andreas Schleicher, special adviser on education at the Organization for Economic Co-operation and Development (OECD).

What's important isn't the money wasted.  It's the lives being crippled. 

Only one in five young adults in the U.S. reaches a higher level of education than their parents, OECD statistics indicate.  The ignorance of young people today is so prevalent and so pronounced that mocking it has become a staple of late night comedians. 

But there is nothing funny about ignorance so massive it threatens the health of our economy and the viability of our democratic institutions.
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THE TREASURE OF HUMAN CONNECTION Print E-mail
Written by Dr. Joel Wade   
Thursday, 14 March 2013

One of my favorite researchers is Barbara Fredrickson, of the University of North Carolina at Chapel Hill.

Her new book is Love 2.0, in which she looks at "love from the body's perspective" -- meaning that she has been studying how the experience of the emotion of love affects your physiology, including your physical health.

Now, when we hear the word "love," we think of romantic love, or how we love our kids, other family members, and friends.

We even feel it in what Fredrickson calls "micro-moments of connection." The nice conversation you have with the checkout person at the grocery store; the warm greeting of welcome by a new acquaintance at a meeting; even the moment of eye contact with a stranger who holds open a door.

It turns out that these micro-moments of connection are actually filled with stuff that is good for you, like a good meal is filled with nutrients; emotionally, psychologically, and in terms of your overall health.
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BENEDICT'S MESSAGE FOR OBAMA Print E-mail
Written by To The Point News   
Friday, 15 March 2013

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HALF-FULL REPORT 03/08/13 Print E-mail
Written by Jack Kelly   
Friday, 08 March 2013

Sen. Rand Paul, R-Ky, astonished Washington Wednesday (3/6) with an old fashioned filibuster - the kind where you talk until your voice gives out, a la Jimmy Stewart on the silver screen, Sen. Strom Thurmond, D-SC, in real life.  The filibuster galvanized CSPAN viewers, boosted GOP morale, and forced Attorney General Eric Holder to make a major concession.
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As part of his effort to make budget cuts imposed by the sequester seem as painful as possible, President Obama cancelled White House tours this week.  His ploy backfired, big time.
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A sign Zero's Chicken Little strategy isn't working is that comedian Jon Stewart is mocking it.
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The government of Venezuela announced Tuesday (3/5) that Hugo Chavez had died.  The Chavistas kicked two U.S. military aides out of the country, implying they were somehow responsible for el jefe's death.
* * * *
Beppe Grillo, the comedian turn politican who Jack Wheeler introduced TTPers to last June, holds the balance of power in Italy after the elections Feb. 25.
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Alabama is about to stick it to one of the most powerful teachers unions in the country.
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THE WORLD’S MOST FREEDOM-LOVING PEOPLE Print E-mail
Written by Dr. Jack Wheeler   
Thursday, 07 March 2013

Hargeisa, Somaliland. Who are the most freedom-loving people in the world?  Certainly not Americans. 

We gave that up when a majority of us elected Zero in 2008, and reaffirmed our abandonment of freedom by reelecting him (or allowing him to steal it) last November.  Today, Americans are racing away from freedom and into The Traitor in the White House's Fascist Police State as fast as they can.

Someday, Americans may find the courage to no longer sell their birthright of freedom for a mess of government entitlement pottage, as Esau sold his birthright to Jacob (Genesis 25:29-34).  That's someday, it sure isn't now.  Right now, the people who love freedom more than any other are a group of Moslems in the Horn of Africa. 

They are the people of Somaliland, who would rather be impoverished and free than sell their freedom for pottage.  Their story is a heroic saga, epically inspirational.  Let me tell it to you.
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GRIEVING CELEBRITIES STRUGGLE TO FIND REPLACEMENT DICTATOR Print E-mail
Written by Guy Caballero   
Wednesday, 06 March 2013

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(AP) The formal announcement yesterday (3/05) by the Venezuelan government that Hugo Chavez has died sent shockwaves through the ranks of the Hollywood elite, who had long been the Venezuelan leader's staunchest supporters. Throughout the day, celebrities struggled to cope with the devastating loss.

"Sean is devastated, completely inconsolable," Sean Penn's publicist Amy Glattensturmer told the AP. "He's been in his bedroom all day. He won't eat, he won't berate his staff, he won't punch women, he wouldn't even come outside to look at the brand new Ferrari Enzo the studio sent him as incentive to read a script. He realizes that a true champion of the working class has died today, and, as one himself, Sean has taken the hit very hard."

"The relationship between celebrities and their dictators is a very close one," PR guru Benjamin Shaltzberg told the AP. "Hollywood celebrities had formed a huge bond with Chavez. It will be difficult to replace."
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OBAMA’S FISCAL DEATH DANCE Print E-mail
Written by Richard Rahn   
Wednesday, 06 March 2013

It is estimated that up to a quarter of all American households still owe more on their mortgages than their homes are worth. Many of these people have been able to refinance their home loans with much lower interest rates, but that does not solve the problem because they have a balance sheet problem rather than a cash-flow problem.

Those who owe more on their homes than they can sell them for, and who have little other savings or assets, are "locked in" to their existing homes.

Even if they have a better job offer in a location too distant to commute, they may not be able to take the job because they cannot afford the mortgage payments on their existing homes, cannot sell for a price higher than their mortgage, or cannot afford rent or house payments in the new location.

The Obama administration and the Federal Reserve are largely responsible for the problem.  Ironically, they too are locked in to an inescapble conundrum of their own making.
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OBAMA’S VISION OF AMERICA IS DETROIT Print E-mail
Written by Jack Kelly   
Thursday, 07 March 2013

If you'd like to get a glimpse of what America will look like if President Barack Hussein Obama gets his way on everything, take a good look at Detroit.

In 1950, Detroit was America's 5th largest city, with a population of 1.84 million.  Median household income was higher than in any other city.  So was the percentage of people who owned their own homes.  Detroit was then arguably the best big city in which to live.

Today, Detroit leads Forbes magazine's list of "most miserable cities."  It's the 4th worst run city, according to Money magazine.  It's 2nd in violent crime, 3rd in murders.  Nearly half of Detroiters of working age are unemployed.  It's Obama's goal to make all of America like Detroit.
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