JAP69's Blog

How Quantitative Easing Helps the Rich and Soaks the Rest of Us

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How Quantitative Easing Helps the Rich and Soaks the Rest of Us

http://reason.org/news/show/how-quantitative-easing-helps-rich

excerpt:
At the same time, all Americans have seen the prices of basic goods increase over the past few years in large part due to rising commodities prices. The whole idea of QE is to drive investors out of lower risk investments like mortgage backed securities and government debt and get them to put that money in “more productive” use—lend it, build skyscrapers, invest in technology, etc. Since there is little confidence about the future of the economy, many investors have crowded into the stock market with their money, and still others have invested in commodities.

Entry #2,590

Quantitative Easing is Economic Suicide

Quantitative Easing is Economic Suicide

November 3, 2010
Quantitative Easing is Economic Suicide

http://www.realclearmarkets.com/articles/2010/11/03/quantitative
_easing_is_economic_suicide_98740.html

excerpt:
Understand the enormous "rewards" which a government receives for lying, by grossly under-stating the rate of inflation. Payouts on $100's of billions of U.S. government benefits per year are indexed to the rate of "official" inflation. By grossly understating inflation (and cheating all of the recipients of those benefits), the U.S. government can get an instant, multibillion dollar windfall from that one lie, alone (every year).

Entry #2,589

Neil Macdonald: The 'monarchs of money' and the war on savers

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Neil Macdonald: The 'monarchs of money' and the war on savers

http://www.cbc.ca/news/world/story/2013/04/26/f-rfa
-macdonald-power-shift-savers.html

excerpt:
As Ros Altmann, a longtime pension manager and director of the London School of Economics, puts it, quantitative easing has amounted to a "monumental social experiment" — a large-scale transfer of wealth from older people to younger people.

Entry #2,588

Va. has most registered machine guns in US + Knob Creek Machine Gun Shoot 2012

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Va. has most registered machine guns in US

http://www.wtop.com/41/3087692/Va-has-most-registered-machine-guns-in-US-

excerpt:
There were 30,220 registered fully automatic machine guns in Virginia as of March. Florida had the second-highest total with 29,128, followed by California with 28,774. Nationally, there were nearly 500,000 registered machine guns, according to an annual report from the Bureau of Alcohol, Tobacco, Firearms and Explosives.
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.Knob Creek Machine Gun Shoot 2012 .

Entry #2,586

14 United States Governors : Prepare State Militia Defenses, To Be Ready Against Obama's Rogue Feder

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14 United States Governors : Prepare State Militia Defenses, To Be Ready Against Obama’s Rogue Federal Forces!

http://thebladereport.com/2011/12/15/14-united-state-governors
-prepare-state-militia-defenses-to-be-ready-against-obamas
-rogue-federal-forces/

excerpt:
Obama is angered by the several State Governors who have reestablished “State Defense Forces.” These forces are described as: “State Defense Forces (also known as State Guards, State Military Reserves, State Militias) in the United States are military units that operate under the sole authority of a state government; they are not regulated by the National Guard Bureau nor are they part of the Army National Guard of the United States. State Defense Forces are authorized by state and federal law and are under the command of the governor of each state. State Defense Forces are distinct from their state’s National Guard in that they cannot become federal entities.”

Entry #2,585

BOSTON TRUTH: The "Chechen Connection", Al Qaeda and the Boston Marathon Bombings

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BOSTON TRUTH: The “Chechen Connection”, Al Qaeda and the Boston Marathon Bombings

http://www.riseearth.com/2013/04/boston-truth-chechen-connection-al.html

excerpt:
”...the Chechen [family] background is maybe a part of what leads them [the two suspects] to do what they do,” said Lorenzo Vidino, an expert on Chechen militants at the Center for Security Studies in Zurich.” … A profile on the Russian social-networking site Vkontakte that appears to belong to Dzhokhar Tsarnaev includes a propaganda clip rallying jihadists to go to Syria to fight alongside rebels there, citing sayings from the Prophet Muhammad. [Amply documented, it just so happens that the jihadist foreign fighters in Syria are recruited by the US and its allies] (Wall Street Journal, op cit.)

Entry #2,576