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The Last 10 Minutes
- (19) forum overview 07/17/11
- (8) "The Mark of the Beast" - From The Book of Revelation 07/27/14
- (6) Y'all going to have fun with this one 07/28/14
- (4) VIDEO: Austin, Tx Tiny House Community 07/25/14
- (4) The Secret Report that Helps Israelis to Hide Facts - UK Independent 07/28/14
- (2) Israeli Military ‘Broke,’ Seeks Billions More in US Aid' 05/10/14
- (2) 15 Videos That Will Shatter What You Thought You Knew About The World 07/26/14
- (2) Amazing Photos of Civilians and Soldiers from WWI 07/28/14
- (2) Topless MDA Supporters Expose All, Try to Provoke Gun Group 07/27/14
- (2) Modern Water Balloon Technology 07/28/14
- (2) Latest YouTube Videos Posted 07/15/12
- (2) The Utilitarian Argument for a State and where it Fails 07/25/14
- (2) 10 Things Generation X Won't Tell You 07/27/14
- (1) John Stossel: Why are we giving the police so much power? 07/26/14
- (1) Learn Your Rights Under The Bill Of Rights And The Constitution 07/25/14
The Last Hour
In any free society that area of life which is left to the sole discretion of the individual includes all actions that are not specifically forbidden by a general law.
In our nation when it came time for the ratification of the Constitution it would have been impossible to gain the votes needed if the backers of a centralized national government had not promised that the first thing they did was pass a Bill of Rights. It had been asserted by the proponents of liberty that to enumerate such a list would eventually become a statement that only those rights enumerated were protected. However, it was generally believed certain rights were so important and so open to suppression that fundamental guarantees were needed. In consequence the Constitution was lengthened to include the first ten amendments as the opening business of Congress.
Over time the argument that these enumerated rights would come to be seen as the only ones protected has certainly come to pass, which is another of the assertions of the Anti-Federalists that have stood the test of time. However, it has also been shown that without these constitutional protections these enumerated rights would have long ago been relegated to the ash heap of History.
By Quentin Fottrell, MarketWatch
1. We’re poorer than our parents were at our age
Few people have been through as many economic ups and downs as the members of Generation X. Born between 1965 and 1980, any entered the workforce during the boom years of the Clinton administration—but then along came 9/11 and, a few years later, the Great Recession.
Over the last two decades, Americans born during the Depression and World War II—known as “The Silent Generation”—have been shedding debt, while boomers and Generation X have been accumulating it. As of 2010, Generation X’s assets were only double their debts, according to the Pew Charitable Trusts. The Silent Generation’s asset levels were 27 times higher than their debts, while older boomers’ assets were about four times higher.
“In the U.S. the expectation is that every generation does better than the last one, but that has not been the case for Generation X,” says Signe-Mary McKernan, senior fellow and economist at the Urban Institute, a nonprofit organization that focuses on social and economic policy. “Xers have less wealth than their parents at their age did 25 years ago.”
The Sum of our Future – He who Makes the Laws Never Goes to Jail for Breaking Them
By Martin Armstrong | Armstrong Economics
July 26, 2014
Working for the government was always pitched as somehow being better guaranteed than risky corporations. However, he who makes the laws never goes to jail for breaking them - a plain fact of life. The problem with government pensions has been they promised whatever sounded nice, with zero accountability. The presumption that tax revenue was an endless pit is one of those fallacies that nobody ever investigates.
It was the city of Mainz where the Gutenberg printing press was invented. This created an economic boom and everyone wanted to be in Mainz. The politicians saw the boom and presumed the potential tax revenue was linear and would be endless – judging tomorrow by today’s trend. They began to borrow against what they anticipated would be there forever. As they needed interest to pay for borrowing and they became addicted to debt, they raised taxes. The taxes kept rising so they killed the economic boom and people began to leave. Mainz followed the typical path as we are doing today. They were no longer paying off debt, they entered the Ponzi scheme – issued new debt to pay off the old in a revolving bond auction. Taxes kept rising and people migrated. The printing press was no longer unique to Mainz. The rich left town taking their capital and entrepreneurship with them. When Mainz lost confidence of the bond buyers and could no longer sell new debt to pay for the old, the collapse unfolded. Mainz, like Detroit, defaulted. The creditors sacked the city and it was burned to the ground.
By John Stossel | July 24, 2014
...Washington Post reporter Radley Balko points out that they’ve used SWAT teams to raid such threatening haunts as truck stops with video poker machines, unlicensed barber shops and a frat house where underage drinking was reported.
In New York City, these men in black raided standup comedian Joe Lipari’s apartment.
“I had bad customer service at the Apple Store,” Lipari told me in an interview for my upcoming TV special “Policing America.” “So I bitched about it on Facebook. I thought I was funny. I quoted ‘Fight Club,’” the 1999 movie about bored yuppies who attack parts of consumer culture they hate.
“People (on Facebook) were immediately responding that it was obviously from ‘Fight Club,’” says Lipari. “It was a good time, until 90 minutes later, a SWAT team knocked on my door. Everyone’s got their guns drawn.”
It took only that long for authorities to deem Lipari a threat and authorize a raid by a dozen armed men. Yet, says Lipari, “if they took 90 seconds to Google me, they would have seen I’m teaching a yoga class in an hour, that I had a comedy show.”
"Governments do not dictate major policy, major multinational corporations do. We’ve seen this time and time again, and one of the best examples out there is Monsanto. This time, the United States government wants to force GMO seeds on El Salvadorian farmers.
The Typical Household, Now Worth a Third Less - New York Times
By Anna Bernasek | July 26, 2014
Economic inequality in the United States has been receiving a lot of attention. But it’s not merely an issue of the rich getting richer. The typical American household has been getting poorer, too.
The inflation-adjusted net worth for the typical household was $87,992 in 2003. Ten years later, it was only $56,335, or a 36 percent decline, according to a study financed by the Russell Sage Foundation. Those are the figures for a household at the median point in the wealth distribution — the level at which there are an equal number of households whose worth is higher and lower.
In June, Alan Taylor at The Atlantic ran a series of photo collections from World War I as the 100th anniversary of the war's outbreak neared. These are some really astounding pictures that are definitely worth looking at. The one above is number 15 from the Soldiers and Civilians collection, but there are nine more collections in the World War I in Photos series.
These photos are horrific; the destruction of Gaza...this is horrible...why does our country support this?
As a 12-hour pause begins in Gaza, residents returned to their streets and surveyed what was left of their neighborhoods. Eight-five new bodies were dug out of rubble Saturday morning, and ambulances were still trying to reach other areas in Gaza.
According to reports, the destruction in the past 48 hours far exceeds previous Gaza wars.
"My accomplishments as Secretary of State? Well, I'm glad you asked! My proudest accomplishment in which I take the most pride, mostly because of the opposition it faced early on, you know. The remnants of prior situations and mindsets that were too narrowly focused in a manner whereby they may have overlooked the bigger picture and we didn't do that and I'm proud of that. Very proud. I would say that's a major accomplishment."
- Hillary Clinton, 11 March 2014
Dafuq did she just say???
Posted by Jim Hoft on Sunday, July 27, 2014, 10:05 AM
Border patrol agents pulled a gun on Mid Iowa Boy Scout Troop 111 as four vanloads of scouts tried to drive from Canada into Alaska.
The scout leaders were furious.