Author Archives: notamobster

He Runs $150B Investment Fund

Ray Dalio is an American businessman and founder of the investment firm Bridgewater Associates. In 2012, Dalio appeared on the annual Time 100 list of the 100 most influential people in the world.

He is known as perhaps one of the smartest fund managers in the world, with some $150+ Billion AUM for world governments, sovereign wealth funds, and some of the largest pension funds in the world. He says that 10% of your investments should be in gold.

Does he see the same deleveraging coming that I do? You’re damn skippy…

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Republican Senate Votes To Give WPE More Power

(WPE – Worst President Ever)

The 65-33 vote in the Senate allows the President (Obama & Clinton) to send trade agreements to the Senate for up-or-down votes with no legal wrangling or process input from the Senate. The real reason for this is summed up by Chuck Schumer:

“There’s a broad feeling we have to do something against China on currency manipulation”… “a shot across China’s bow that we’re not going to just sit there and do nothing.”

 

On Tuesday, Democrats blocked Republicans from advancing the fast-track bill without also voting on the currency measure. Many Democrats remain stung by the 1994 North American Free Trade Agreement, which is blamed by labor unions for a decline in U.S. manufacturing jobs.

The trade bill, H.R. 1314, would give Obama and the next president fast-track powers for six years.

Senate Majority Leader Mitch McConnell, a Kentucky Republican, said Thursday the agreement to separate the two measures from the broader trade bill was a sensible plan.

“I’d like to thank the president too,” McConnell said. “No, you’re not hearing things. President Obama has done his country a service by taking on his base and pushing back on some of the more ridiculous rhetoric we’ve heard.

The language of the two trade agreements TPP & TTIP are classified. The intellectual property rights “chapter” is 95 pages and more than 30,000 words. I guess we have to pass it to see what’s in it. Get your rope out and tar warmed up. We’re being sold out. Ever closer, by the day.

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Irrational Exuberance, Market Bubbles, And When To Dance Near The Door

Irrational Exuberance & Market Bubbles:

This occurs when credit is easy. Cheap money creates bubbles. People begin driving up the price of whatever is in the bubble. The housing bubble burst some years back. The dotcoms, some years before that. The Federal Reserve re-inflated all of them, under the auspices of saving the world.

The exuberance created by easy credit, gives way to irrationality as resources become more scarce and risk become more-risky. Stocks are in the stratosphere, while actual profits are in the toilet. Companies are leveraging everything they can to buy back their stocks and keep/drive prices high(er). Margin debts are insane. P/E ratios are nuts. Prices of “all the things” are ludicrous.

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We are beginning to see the irrationality:

And since the billions of dollars keep flooding in, it makes perfect sense to put in a bid of $1.5 million for a 750-square foot fixer-upper flat in Haight-Ashbury when the asking price is $775,000. By all means, don’t fool around nickel-and-diming the deal by bidding $785,000 or $800,000–just cut to the chase by nearly doubling the asking price[…]

This is of course the bubble mentality.

Meanwhile, renters are being offered one of three beds in a small bedroom for $1,000 a month across the Bay in Berkeley. You have to share the bathrooms and kitchen with 19 other people, but hey, you’re only a 25-minute BART ride away from all the action in downtown San Francisco.

Here is a rental listing for a 7-bedroom nothing-special house with 20 beds for $20,995 per month–such a deal! Instead of paying $3,000 and up for a studio or $4,000 and up for a 1-bedroom flat in S.F., you can share a small bedroom with two friends (and crowd into the kitchen with 19 other friends) for only $1,000 a month.

You could opt for Breakfast in bed for only $630/mo.

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Yes, that’s a bed…in a kitchen…for $630/mo.

So, when should you dance a little closer to the door?

When ETF’s start boosting credit lines to handle a meltdown, perhaps?

The biggest providers of exchange-traded funds, which have been funneling billions of investor dollars into some little-traded corners of the bond market, are bolstering bank credit lines for cash to tap in the event of a market meltdown.

Vanguard Group, Guggenheim Investments and First Trust are among U.S. fund companies that have lined up new bank guarantees or expanded ones they already had, recent company filings show.

The measures come as the Federal Reserve and other U.S. regulators express concern about the ability of fund managers to withstand a wave of investor redemptions in the event of another financial crisis.

They have pointed particularly to fixed-income ETFs, which tend to track less liquid markets such as high yield corporate bonds or bank loans.

“You want to have measures in place in case there are high volumes of redemption so you can meet those redemptions without severely impacting the liquidity of the underlying securities,” said Ryan Issakainen, exchange-traded fund strategist at First Trust…

Prices are beyond retarded. Money is being invested in ridiculously overpriced stocks with no proof of being able to make money. The government has been buying weapons and ammo, while giving billions worth of the same to every law enforcement agency in the country… and training them how to use it. The left is pushing it’s revolution. Race relations are abysmal and already beginning to boil over. It’s a perfect storm.

We’re looking at the edge. Don’t lose your balance…

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Speaking Of Train Derailment In Pennsylvania

Man, trains are dangerous. We should immediately begin construction of the Keystone XL pipeline.

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For the second time in a week, amid ongoing discussions on infrastructure spending, a train has derailed in Pennsylvania. As CBS Pittsburgh reports, emergency crews have been called to a freight train derailment in Hazelwood. At least 10 cars are off the track but no injuries have been reported yet.

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Kim Jong Un Executes Defense Minister For Napping

Fatty had another temper tantrum and went completely nuts. Someone in his inner circle should kill him.

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North Korean leader Kim Jong Un has purged his defense minister for dozing off at a rally in the latest removal of a senior official under his rule, a South Korean lawmaker said.

Hyon Yong Chol, minister of the People’s Armed Forces, was captured napping in video footage of the event late last month and South Korean intelligence indicates he may have been executed by firing squad, Shin Kyoung Min of the opposition New Politics Alliance for Democracy party said Wednesday by phone. Shin was citing a briefing by the National Intelligence Service

He was executed with an anti-aircraft gun.

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NBC Confirms That Obama Is A Liar

Maybe we can got to war with Pakistan now, too.

Two intelligence sources tell NBC News that the year before the U.S. raid that killed Osama bin Laden, a “walk in” asset from Pakistani intelligence told the CIA where the most wanted man in the world was hiding – and these two sources plus a third say that the Pakistani government knew where bin Laden was hiding all along.

The U.S. government has always characterized the heroic raid by Seal Team Six that killed bin Laden as a unilateral U.S. operation, and has maintained that the CIA found him by tracking couriers to his walled complex in Abbottabad, Pakistan.

The new revelations do not necessarily cast doubt on the overall narrative that the White House began circulating within hours of the May 2011 operation. The official story about how bin Laden was found was constructed in a way that protected the identity and existence of the asset, who also knew who inside the Pakistani government was aware of the Pakistani intelligence agency’s operation to hide bin Laden, according to a special operations officer with prior knowledge of the bin Laden mission. The official story focused on a long hunt for bin Laden’s presumed courier, Ahmed al-Kuwaiti[…]

“The notion that the operation that killed Osama Bin Laden was anything but a unilateral U.S. mission is patently false,” said NSC spokesman Ned Price. “As we said at the time, knowledge of this operation was confined to a very small circle of senior U.S. officials.”[…]

The NBC News sources who confirm that a Pakistani intelligence official became a “walk in” asset include the special operations officer and a CIA officer who had served in Pakistan. These two sources and a third source, a very senior former U.S. intelligence official, also say that elements of the ISI were aware of bin Laden’s presence in Abbottabad. The former official was emphatic about the ISI’s awareness, saying twice, “They knew.”

What else has he lied about:

-Fast & Furious
-Benghazi
-Deaths of Seal Team 6 (bin Laden raid operators)
-Syria
-Iran
-Recovery Summers I-VI
-Obamacare
-Keeping your doctor
-Ukraine
-Solyndra
-Ad infinitum, ad nauseum…

To wit:

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EMP Threat Has NORAD Moving Back Into Cheyenne Mountain

This might keep some folks awake at night.

News that NORAD (North American Aerospace Defense Command) was moving back into its previous Cheyenne Mountain underground bunker in Colorado Springs (outside shown) first surfaced during a news conference by NORAD Commander Admiral William E. Gortney on April 7.

It’s moving, said Gortney, “because of the very nature of the way that Cheyenne Mountain is built. It’s EMP-hardened.” EMP, short for an electromagnetic pulse, is a burst of electromagnetic energy produced by a nuclear explosion in the atmosphere, considered capable of widespread damage.

NORAD is also moving because of real world threats by enemies of the United States who now possess the capabilities to launch a nuclear weapon from the south where NORAD is blind.

Gortney explained that North Korea now has operational the KN-08, a nuclear-weapon-armed missile, that can be launched undetected and set off a nuclear explosion sufficient to shut down the entire North American electric grid.

He assured listeners that NORAD is prepared to defend the country from attacks from North Korea and Iran (even if negotiations are successful), provided that those attacks come over the North Pole. But all eyes are facing north, with none facing south.

And that is of great concern to Peter Vincent Pry, executive director of the EMP Task Force, who has written frequently in attempts to warn citizens of the danger. Back in August he joined with James Woolsey, former CIA director, in alerting readers of the Wall Street Journal that “rogue nations such as North Korea (and possibly Iran) will soon match Russia and China and have the primary ingredients for an EMP attack: simple ballistic missiles such as Scuds that could be launched from a freighter near our shores [or] space-launched vehicles able to loft low-earth-orbit satellites [or] simple low-yield nuclear weapons that can generate gamma rays and fireballs.”

It wouldn’t take much to melt the grid, according to Pry:

An EMP strike, most likely from the detonation of a nuclear weapon in space, would destroy unprotected military and civilian electronics worldwide, blacking out the electric grid and other critical infrastructure for months or years.

The staggering human cost of such a catastrophic attack is not difficult to imagine.

Such costs were spelled out in a dystopian novel that made it onto the New York Times best-sellers list back in 2011: One Second After, by William R. Forstchen. It’s the story of how one man struggles to deal with a world that no longer works, first evidenced when cars passing by on the highway come to an immediate and permanent halt thanks to internal computers that no longer work.

In his Afterword to that novel, Forstchen quotes a letter from Captain Bill Sanders of the U.S. Navy, who notes that One Second After is not so much a novel as it is a warning:

An Electronic Pulse (EPM) explosion over the continental United States would have devastating consequences for our country….

A well-designed nuclear weapon detonated at a high altitude over Kansas could have damaging effects over virtually all of the continental United States. Our technologically oriented society and its heavy dependence on advanced electronics systems could be brought to its knees with cascading failures of our critical infrastructure.

Our vulnerability increases daily as our use and dependence on electronics continues to accelerate.

Pry wrote, “Iran should be regarded as already having nuclear missiles capable of making an EMP attack against the U.S. Iran and North Korea have successfully orbited satellites on south-polar trajectories that appear to practice evading U.S. missile defenses, and at optimum altitudes to make a surprise EMP attack.”

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His Majesty Sells Out Middle East To Iranians

Middle East tells him to shove it.

Ever since he decided to chase the mirage of a “Grand Bargain” with Iran, President Obama has pretended that the only opposition comes from Israeli premier Benjamin Netanyahu and “hardline” Republicans in the Congress.

He was to highlight that claim by hosting a summit for “key Arab allies” at Camp David this week.

Yet the exercise has instead shown the failure of Obama to sell his narrative to “key Arab allies” even before the first round of orange juice is served at Camp David.

Of the six heads of the members of the Gulf Cooperation Council (GCC) only two, the emirs of Kuwait and Qatar, will attend.

Even the offer by Obama of a separate tete-a-tete in Washington could not persuade Saudi Arabia’s King Salman to attend what Riyadh sources describe as “a photo-op” aimed at hoodwinking the American public.

Instead, the king will send his nephew Crown Prince Mohammed “to enjoy the president’s eloquence.”

Heh.

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Why Do Women Teachers Prey On Young Men?

I’m going to put my Freud hat on and diagnose one of our societal ills today. As most of you know, there has been a rash of hot young teachers having sexual relations with young men.

There are multiple reasons for this, not the least of which is the spirit of evil pervading the entire world today. Alas, this is a brief explanation of the temporal causes, related to human psychology.

I think these women prey on young men, because young men are malleable. Unlike male authority figures who prey on young women for their virtue (purity),these women are seeking something, they can’t seem to find in today’s heavily misogynistic world where the only matters of import are self-gratification and ephemeral connection without commitment.

Young men who have grown up without strong fathers to set an example for them, all tend to end up the same way.

We live in a world where “men” are encouraged to stay single and chase after the lusts of the flesh and the longings of the simple mind. No longer is it expected that “men” would engage in pursuits of intellect and matters of reason, but the aspiring to a lifetime marked by libertine and utterly-shallow existence.

“Men” are now encouraged to waste the years of their young adulthood chasing after electronic fantasies and living off of the largess of others, to the obvious and terrible neglect of the women in the generation.

Following years of abuse, disappointment, and neglect by the men who should be marrying them, building and leading families, and helping them to secure their future, they turn to aimless, horny young men who will shower them with attention, affection, and most-critically devotion.

What these women fail to realize is that these young men are – as all young men – proud, boisterous, and profane. Young men say and do things that would make a lady blush, if not cringe. Men understand this. This is why – right or wrong – most men don’t hold the “victimization” of teenage boys (by a female teacher) in the same abominable regard as the victimization of young lady, by a male teacher.

Unfortunately, what these women fail to recognize is very simple. The “men” they so detest, are detested because they live an adult life, with the mind, compunctions, and desires of the very same 14 year old boys they decide to prey upon.

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Pope Welcomes Inventor Of Marxist Liberation Theology

#thepopeisamarxist

For decades, Gustavo Gutiérrez, a Peruvian theologian and Dominican priest, was treated with suspicion and even contempt by the Vatican’s hierarchy, which saw him as a dangerous Marxist firebrand who used faith as an instrument of revolution.

Gutiérrez was the founder of a progressive movement within the Catholic church known as liberation theology, and while he was never censured in the manner that some of his philosophical compatriots were, there were often rumblings that Gutiérrez was being investigated by Pope John Paul II’s doctrinal czar, a German cardinal named Joseph Ratzinger who would later become Pope Benedict.

But when the 86-year-old Peruvian arrives in Rome this week as a key speaker at a Vatican event, he will be welcomed as a guest, in a striking show of how Pope Francis – the first Latin American pontiff – has brought tenets of this sometimes controversial movement to the fore of his church, particularly in his pronouncements against the blight of poverty and the dangers of capitalism.

In its height in the late 1960s and 1970s, liberation theology – a distinctly Latin American movement – preached that it was not enough for the church to simply empathise and care for the poor. Instead, believers said, the church needed to be a vehicle to push for fundamental political and structural changes that would eradicate poverty, even – some believed – if it meant supporting armed struggle against oppressors.

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Everything You Need To Know About The Health Of Our Economy

In one easy-to-read chart from Zero Hedge:

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Remember this when you hear about His Majesty’s celebration of the jobs data…

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Tax-Funded Hookers & Blackjack: Not Just For Bankers Anymore

Last month, we learned that DEA agents were caught attending sex parties with prostitutes paid for by drug cartels. No one was fired. We also learned that the DEA agents who left a California student in a cell without food or water for five days until he was forced to drink his own urine in order to survive, were given a slap on the wrist. Finally, we heard about how TSA screeners in Denver were intentionally manipulating the naked body scanners in order to allow a particular agent to sexually molest male passengers. While the offenders were fired, no criminal charges were filed, and the TSA refuses to release their names. All of this was revealed in the last month alone.

Well, we can now add another to the list. In the latest example of abuse by the unaccountable feds, we learn that Pentagon employees have been caught using their government credit cards on gambling and escorts, amongst other things. Their punishment? A “stern warning.” 

Politico reports that:

A Defense Department audit has found that a number of Pentagon employees used their government credit cards to gamble and pay for “adult entertainment” — findings that are expected to lead department officials to issue stern new warnings.

The audit of “Government Travel Charge Transactions” by the Department of Defense Office of Inspector General, which is to be made public in coming weeks, found that both civilian and military employees used the credit cards at casinos and for escort services and other adult activities — in Las Vegas and Atlantic City.

 

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Pam Gellar Debates The Most Dangerous Man In Islam

Pamela Gellar (Draw Muhammad/atlasshrugs.com) goes head-to-head with Anjem Choudary, the most dangerous man in all of Islam. Choudary says she should be put to death for holding the drawing contest.

Favorite line: “…hey, I know you’re used to stepping over women, but we’re not having it, here…” Heh.

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Steal From The Rich To Give To The Poor

Sounds like Robin Hood, only this guy doesn’t want to steal from the corrupt government… The Washington Post is openly and with zero shame, calling for Marxist redistribution of wealth. Our country is doomed.

The problem is that policymakers don’t quite know how to handle the surplus, which challenges some basic principles of conventional economics and is causing all kinds of mischief:

The current state of plenty is confounding on many fronts. The surfeit of commodities depresses prices and stokes concerns of deflation. Global wealth—estimated by Credit Suisse at around $263 trillion, more than double the $117 trillion in 2000—represents a vast supply of savings and capital, helping to hold down interest rates, undermining the power of monetary policy. And the surplus of workers depresses wages….

There is debate among leading economists about whether this condition of excess is temporary or likely to continue for a while, but in either case, we still face the question of what to do with what we have.

One answer: Transfer some of that wealth to the people who need it now, and invest some of it in projects that will guarantee even better lives for our children and grandchildren. The current generation of owners is obviously not using what they have, so it would be selfish to do otherwise.

[…] “Think of all those things that we think that we can’t do because they cost so much, like stopping global warming, educating our kids properly, or providing care for seniors. It turns out that we actually can do them because we have more supply than demand.”

Okay, I’m going to break this down quickly.

First, he quoted an article in the WSJ which shows that global supply is out-stripping demand (“Glut of capital and labor challenges policymakers”). The authors of this article are striking at the branches while ignoring the root. The root is easy credit (6 years of 0% interest). Once again, monetary policy is at the root of the world’s problems (anyone else noticing a pattern here?). When money is free or cheap, asset prices rise. This is called a bubble. Commodities are over-priced due to this bubble.

Now that we have reached a saturation point, there is no longer a high level of demand which indeed depresses wages, keeps interest rates low, and provides a self-reinforcing feedback loop that eventually leads to deflation. Global manufacturing capacity is suffering this same problem. We ramped up to build all the expensive shit people wanted and now there’s more than we can use with lower demand (hard to keep cotton prices astronomically high when there’s 110 million bales of it just sitting in warehouses in Oklahoma).

Second, he references a debate between economists on the long-term prospects of this over-supply condition we find ourselves in. No one knows the answer to this because we are in completely uncharted territory (with these 0% interest rates for 6 years). Can we just keep pumping money into the system, ad infinitum? [I offer an emphatic NO!]

Then, he says What do we do with the stuff that’s just laying around? His answer: Take it from those selfish rich people and give it to the poor and invest in progressive wet-dreams. See how easy that is?

We can take cotton and oil (which isn’t selling well because there’s too much of it), sell it, and give the money to the poor (or build super energy-efficient gay wind turbine bicycle unicorn generators)… Because investors who actually own this stuff have more than they need.

What we have, is a glut of stupid. Doomed.

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The Dance Remains The Same

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Have you ever wondered why the political music seems to change, but the dance remains the same? I have.

I understand that the leviathan is comprised of layer-upon-layer of the bureaucratic redundancy.

Unelected, unaccountable, and self-interested these departments, agencies, and bureaus dictate their future with help from their benefactors in the corporate world. There is a revolving door of lobbyists and Congressional staffers & officials.

The same people who write the policy, benefit from the policy. The only people in the entire US of A who can legally trade on and benefit from insider information, are members of Congress.

Our nation has largely turned it’s back on God, abandoning him in our places of worship, banning him from our schools, eliminating him from our public discourse, and murdering the blessings he gives us, because they are inconvenient. We spit in the face of his commandments and celebrate the defiling of the natural order.

We have become a nation of mindless cattle pushed to-and-fro by the winds of special interest and that abominable political correctness. We revel in frivolity and trade away our birthright so we can focus our attention – for 15 seconds at a time – on things of greater import, like Kim Kardashian and American Idol. We are a nation of mice, led by a pit of vipers.

Is it any wonder that nothing changes? Closer. By. The. Day.

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Open Letter To ISIS

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Bismilkafir. Shirk. Fitna.
“Your New Era”
To the morons giving up their lives for mindless baboons who lead the cult of death & perpetual outrage, we pray for you and ask God to guide your hearts, strengthen your enemies, and intervene before it’s too late.

The attack by the Islamic State in America was a shining example of weapons-grade cluster-f**kery. If this is a portent of things to come, you should probably re-examine your strategy.

You should probably send the female lions to kill the warrior princess Pamela Geller, next time. Don’t you know that the female lion is the hunter? Books, hajj, books. They have words and information in them. You should really check them out… from a library perhaps. I realize you don’t have libraries in camel-humpistan, but they are buildings which serve as repositories for those books I mentioned.

You should tell the other 69 members of your club (they are not soldiers) to show us how easily you give up your lives, too! Shooting wildly in the general direction of a determined, well-armed, well-trained adversary? That’s a super-effective fighting technique!

So, let me see if I got this right: You sacrificed 4.23% (that’s called math…some other time perhaps) of your fighting force so they could showcase the ineffectiveness of your planning to the other 23 knuckleheads who agreed to follow you? Really? Please, give me the address for your board of directors. I’d like to write them a letter and recommend that they fire you.

If last weekend is any indication of the joys to come over the next 6 months, you’ve got a deal. I’ll get the popcorn.

May Allah bestow the oozing, pain-filled blessings of 1,000 syphilitic whores upon the murdering pedophile Muhammad.

Hot salami and bacon. Aloha snackbar.

-Nota al-kafir

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Two Predatory Institutions, Two Wholly Different Responses

The UN has been hiding the systematic rape, torture, and abuse of indigenous people and especially children for decades. It’s estimated that U.N. “peacekeepers” have fathered and abandoned more than 24,000 children in Cambodia alone. Yet, mysteriously, when I google the issue, I find only passing references from mainstream media outlets. Longtime bedfellows of the progressive organization (UN), the leftist press is willing to overlook these horrendous acts and even the attempts at cover-up and secrecy. It makes my blood boil.

Amazingly /snark – when I google Catholic sex abuse, I find story after story from WaPo, NYT, Puffington Host, all of the leftist anti-Christian organizations. I’m not defending the Catholic church by any means. They were wrong. They continue to be wrong.

It just makes me angry when I hear of the horrors being committed by collectivist organizations with a wink-and-a-nod from progressives, but clearly remember the hateful venom spewed about-and-toward the Catholic church, for the abuse and cover-up of abuses. Why is it okay that anyone, in any position of authority should be excused for abhorrent behavior? It’s not. Progressives are just pieces of shit.

United Nations “peacekeeping” troops deployed on a UN “peace” mission in the Central African Republic were systematically raping and sexually exploiting starving young children, according to a leaked internal report that the global organization was seeking to conceal. Because UN leadership failed to take action against their soldiers’ widespread sexual abuse of children — some of whom were less than 10 years old — an aid worker with the organization in the war-torn African nation handed the document to French authorities. As has become the norm when UN military forces are exposed raping, abusing, and murdering the populations they are ostensibly supposed to “protect,” the UN responded to the leak by suspending the whistleblower from his post and trying to cover it all up rather than dealing with the savagery.

On April 29, though, despite the ham-handed effort to quash the news, the explosive UN report documenting the organization’s crimes was making headlines around the world after first being reported by the U.K.Guardian. According to the British newspaper, which cited sources close to the case and other information, the whistleblower who first alerted French authorities about the problem was Anders Kompass. The Geneva-based director of field operations for UN programs, a Swede working in humanitarian missions for three decades, was reportedly suspended from his post and is now being investigated by the UN Office for Internal Oversight Service (OIOS). He could be fired for leaking the material, and the official inquiry of his case is “severely restricted,” according to reports.

[…]a spokesman for UN Secretary-General Ban Ki Moon said in a statement quoted by Reuters after the scandal broke. “This constitutes a serious breach of protocol, which, as is well known to all UN OHCHR officials, requires redaction of any information that could endanger victims, witnesses and investigators.”

The UN Status of Forces Agreement defines jurisdiction as being held by the offender’s home country. Many of those countries are Muslim, where rape and torture of those in your charge (during war) is perfectly legitimate:

In January, five Uruguayan peacekeepers accused of the 2011 rape of a Haitian teenager were let off on a technicality in a Uruguayan courtroom, despite video evidence of the rape having taken place. In March, two UN peacekeepers from Pakistan were found guilty of raping a 14-year-old boy in Haiti. They were sentenced to just a year of prison in their home country.

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Oracle Of Omaha Is An AGW Denier

Warren Buffett, who has made repeated statements denying the “effects” of AGW. He has had two of his oil trains derail in the past two years. If someone were trying to hurt his business, this would be a good way to do it. [Takes off tinfoil hat] It’s likely just a derailing which is incredibly common with trains.

As a reminder, in 2013 another oil train, also owned by Buffett’s Burlington Northern, derailed and led to the evacuation of the town of Casselton, and people living in a 5 mile radius.

The 30 or so residents of Heimdal were evacuated in response to the derailment. All were staying with family or friends, Roehrich said.

Firefighters remained on the scene battling the blaze as of 9 a.m.

KFYR TV adds fire crews from Harvey, Fessenden and Maddock have all been called in to fight the fire. An official with Harvey Fire says at least 5 oil tanker cars are burning. A viewer who called reported seeing black smoke in the area.

wb

wbof

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Pamela Geller Hits The Big Time! ISIS Names Her As Target.

I’m not a fan of posting the enemy’s propaganda, but this bunch of inbred mutts are seriously barking up the wrong tree. They brag that they have 71 trained fighters. I know more than that without even thinking hard about it…and every one would love another shot at these bastards, especially without the retarded ROE.

Bismillah Ar Rahman Ar Raheem

“The New Era”

To our brothers and sisters fighting for the Sake of Allah, we make dua for you and ask Allah to guide your bullets, terrify your enemies, and establish you in the Land. As our noble brother in the Phillipines said in his bayah, “This is the Golden Era, everyone who believes… is running for Shaheed”.

The attack by the Islamic State in America is only the beginning of our efforts to establish a wiliyah in the heart of our enemy. Our aim was the khanzeer Pamela Geller and to show her that we don’t care what land she hides in or what sky shields her; we will send all our Lions to achieve her slaughter. This will heal the hearts of our brothers and disperse the ones behind her. To those who protect her: this will be your only warning of housing this woman and her circus show. Everyone who houses her events, gives her a platform to spill her filth are legitimate targets. We have been watching closely who was present at this event and the shooter of our brothers. We knew that the target was protected. Our intention was to show how easy we give our lives for the Sake of Allah.

We have 71 trained soldiers in 15 different states ready at our word to attack any target we desire. Out of the 71 trained soldiers 23 have signed up for missions like Sunday, We are increasing in number bithnillah. Of the 15 states, 5 we will name… Virginia, Maryland, Illinois, California, and Michigan. The disbelievers who shot our brothers think that you killed someone untrained, nay, they gave you their bodies in plain view because we were watching.

The next six months will be interesting, To our Amir Al Mu’mineen make dua for us and continue your reign, May Allah enoble your face.

May Allah send His peace and blessings upon our Prophet Muhummad and all those who follow until the last Day.

– Abu Ibrahim Al Ameriki

Come and get it, bitchez…

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Fear Of Terrorism Makes People Stupid

If the objective of terrorism is to influence policy, I’d say it’s working quite swimmingly.

In the real world, statistics from a 2004 National Safety Council report, the National Center for Health Statistics, the U.S. Census Bureau, and 2003 mortality data from the Center for Disease Control show:

— You are 17,600 times more likely to die from heart disease than from a terrorist attack

— You are 12,571 times more likely to die from cancer than from a terrorist attack

— You are 11,000 times more likely to die in an airplane accident than from a terrorist plot involving an airplane

— You are 1048 times more likely to die from a car accident than from a terrorist attack

–You are 404 times more likely to die in a fall than from a terrorist attack

— You are 87 times more likely to drown than die in a terrorist attack

— You are 13 times more likely to die in a railway accident than from a terrorist attack

–You are 12 times more likely to die from accidental suffocation in bed than from a terrorist attack

–You are 9 times more likely to choke to death on your own vomit than die in a terrorist attack

—You are 8 times more likely to be killed by a police officer than by a terrorist

–You are 8 times more likely to die from accidental electrocution than from a terrorist attack

— You are 6 times more likely to die from hot weather than from a terrorist attack

Here are details on the odds of dying from terrorism versus other causes.

“This and no other is the root from which a tyrant springs; when he first appears he is a protector.”
– Plato

“If Tyranny and Oppression come to this land, it will be in the guise of fighting a foreign enemy.”
– U.S. President James Madison

“Terrorism is the best political weapon for nothing drives people harder than a fear of sudden death”.
– Adolph Hitler

“Why of course the people don’t want war … But after all it is the leaders of the country who determine the policy, and it is always a simple matter to drag the people along, whether it is a democracy, or a fascist dictatorship, or a parliament, or a communist dictatorship … Voice or no voice, the people can always be brought to the bidding of the leaders. That is easy. All you have to do is to tell them they are being attacked, and denounce the pacifists for lack of patriotism and exposing the country to danger. It works the same in any country.”
– Hermann Goering, Nazi leader.

“The easiest way to gain control of a population is to carry out acts of terror. [The public] will clamor for such laws if their personal security is threatened”.
– Josef Stalin

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Another Funny One From The Onion?

I don’t understand this. If they were going to just tell outright lies, why not go for the gusto and claim that it could save 20 million lives per year? It’s just as “real” as the BS they put out instead.

fake news

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1st Amendment Win: See Something, Say Something

Beating the progressives at their own game. If you see instances where this occurs, bring it to the attention of groups like The Rutherford Institute or similar groups like The Thomas More Law Center. The same reason that small towns and cities can’t afford to defend their support of faith against the rabid progressives, applies in the negative as well. They can’t afford to waste a ton of city money trying to restrict speech. Getting legal defense groups involved carries a lot of weight with these mindless apparatchiks.

The congregation of Harrisonburg, Virginia’s Valley Church of Christ decided to promote its pro-life views by hanging two posters on its fence on the corner of Virginia Avenue and Acorn Drive. One poster showed a fetus cradled in a pair of hands with this quote from Mother Teresa: “It is a poverty to decide that a child must die so that you may live as you wish.”

The second one pictured a face of a baby and this quote from Jeremiah 1:5: “Before I formed you in the womb, I knew you.”

It didn’t take long before someone took umbrage at the message, and complained to the city. An eager bureaucrat found a city code that forbade such signage and sent a letter on April 19 to the church ordering it to remove the offensive and illegal signage or church officials would face fines and imprisonment.

That letter referenced the city code that empowered the city to issue such a threat, noting also certain exceptions for national flags, flags of civic or charitable organizations, corporate or business flags, and banners relating to holidays or civic events.

When John Whitehead of the Rutherford Institute, a pro-bono law firm specializing in First Amendment abridgements such as this one, learned about this, he declared,

“Under the First Amendment, the government has no authority to pick and choose what type of speech it approves.” This is in line with Supreme Court Justice Hugo Black’s statement:

The very reason for the First Amendment is to make the people of this country free to think, speak, write and worship as they wish, not as the Government commands.

In his letter to the city of Harrisonburg, Whitehead was blunt:

This kind of preference for banners that express certain messages and discrimination against banners that express other messages is precisely the kind of content-based regulation of speech the First Amendment prohibits.

Laws that by their terms distinguish favored speech from disfavored speech on the basis of ideas or view expressed are content-based and presumptively unconstitutional.

The city attorney reviewed the letter from Whitehead, along with the numerous court cases confirming his position, and advised the city fathers to back off.

On Monday the city officially rescinded the threat.

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On De-dollarization & The Collapse Of The Dollar

I think I need to clarify a few things.

I have discussed this subject ad nauseum. I’m tired of spending large amounts of my time putting together information. It’s here. Just search on this page for “collapse dollar”. There is a wealth of information.

What is lacking in my previous writings on the matter, is a clear distinction between the terms I’m using and the ideas attached to them.

Dollar collapse: The eventual total devaluation of the USD. A scenario which could occur over a vast expanse of time. The slow grinding down of any relative value. This could also occur tomorrow, though such a scenario is unlikely until the de-dollarization is nearly complete.

De-dollarization: The actual, happening-now, real-world efforts being taken by China, Russia, and many other countries to limit their exposure to the USD. The global West is heavily reliant upon the USD as the world’s de facto reserve currency. This is due to the petro-dollar. The global East is trying in earnest to mitigate risk associated with the profligate spending of the global West. This includes establishing alternatives to the BIS, the IMF, and the World Bank.

Increasingly, the global East is moving away from the dollar. At some point in the not-to-distant future, the USD will be replaced as the world’s reserve currency. This will be the final nail in the coffin of US financial hegemony and global leadership.

At such point, the dollar will possible still be used, but other currencies will be accepted.

In the event, the entire thing goes sideways, and society collapses, I don’t see much value in gold for barter (unless it’s full-on Mad Max). Silver is more easily traded and requires more to make it’s amount worth killing for.

Whatever emerges on the other side of such a societal collapse or even the long, slow decline into obscurity (for the USD/USA), will have a new currency. Gold & silver will always worth something to those new currencies. They will store value better than a piece of cotton with some ink on it.

That is why I say to buy physical gold/silver. I have bullets & beans for the Mad Max scenario. I have gold & silver because it’s a smart, long term investment and store of wealth. Hope that clears some things up.

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Enriching Global Culture: One Body At A Time

Aloha Snakbar! Hot salami n bacon.

Authorities say Islamic militants have destroyed an historic mausoleum in central Mali that had been nominated as a UNESCO World Heritage site.

Armed men are believed to have used dynamite to blow up the mausoleum of Cheick Amadou Barry, a religious leader who died in the 19th century.

One of his descendants, Bologo Amadou Barry, confirmed to The Associated Press that the site had been partially ruined in Hamdallahi village on Sunday night.

The development in central Mali comes two years after radical jihadists were ousted from power in the north.

During their rule in 2012, the extremists also destroyed heritage sites in Timbuktu.

The jihadists left behind a note Sunday warning they would attack those who did not follow the teachings of Islam’s prophet.


Thousands of Deadly Islamic Terror Attacks Since 9/11

Weekly Jihad Report
Apr 26 – May 01
Jihad Attacks:
60
Allah Akbars*:
4
Dead Bodies:
1001
Critically Injured:
313

*Suicide Attacks

While Islam is certainly not as efficient as socialism at killing people, they have way more staying power.

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The De-dollarization Continues

I’ve told you over & over that the day is coming. If you aren’t prepared when it arrives, it’s your own fault.

From the WSJ:

The International Monetary Fund is close to declaring China’s yuan fairly valued for the first time in more than a decade, a milestone in the country’s efforts to open its economy that would blunt U.S. criticism of Beijing’s currency policy.

The fund’s reassessment of the yuan—set to be made official in IMF reports on China’s economy due out in the coming months—follows years of IMF censure of Beijing’s management of the currency.

The IMF’s latest view undermines the Obama administration’s pressure on China over its management of the currency and could undercut congressional efforts to inject yuan concerns into pending trade legislation.

“It takes the rug out from under the feet of U.S. critics of Chinese currency policy,” said Eswar Prasad, a Cornell University economist and former China official at the IMF. “The U.S. relied to a significant extent on what was seen as the IMF’s objective assessment.”

From the NYT:

“I’ve been searching for a word to describe it, and the one I use is ‘withdrawal,’ best I can come up with,” said Edwin M. Truman, a former Obama Treasury official now with the Peterson Institute for International Economics. “We’re withdrawing from the central place we held on the international stage.”

In Washington, that concern crosses party lines.”

Don’t think for a second that this is against Obama’s wishes. This is the fundamental change he was looking for in his anti-colonial quest for the presidency.

Please, please, please have some gold & silver when our currency gets dropped as the world’s reserve.

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