Bye

Gopher News 25 Comments

Unfortunate circumstances, but this isn’t the same as a productive member of society working two jobs and having to be sent back because of a spelling mistake.
The rule of law is what defines civilization. As opposed to, say, hunter-gatherer cultures that suffer famines, slavery and warfare with all the neighbouring tribes. Just saying.

Well, now what?

Not Quite News 21 Comments

Long time commentor and reader, Joe Molnar, sent us a small packet of pumpkin seeds harvested from his bounty. We planted all five in the same hill this spring. One sprouted and flowered. After the flower turned to fruit we pinched off the remaining flowers. This is the result.
pumpkin.png
Thank you Joe, however the question raised at the top still stands. What now?

So, what was it for, then?

Great Moments In Socialism 33 Comments

If a party is going to make a stand for something, if they’re going to plant their flag, doesn’t it behoove them to at least fight?
Do they really not understand why every offer the House made to the Senate and Obama was refused? Everyone else understands, that’s for sure. Everyone knew the Republicans were going to cave. What point of giving ground if you know your opponent is going to surrender the day before the real conflict starts.
If the Republicans had lasted two more days they might have effected real change, the President would have had to make decisions about where the money was going to go. The Republicans would have forced Obama to concede a little, they would have earned the derision he directed towards them today, they would have earned the negative media.
The Republicans would have gotten something for it, though.
The people and the Democrats have no respect for the Republicans because 1) they have nothing for which they’ll really fight, 2) they’re all full of sound and fury…signifying nothing.
The next time the Tea Party, and there will be a next time, stands for their beliefs they need to make sure the Republican party is standing on the other side of the lines. Counting on the establishment to have your back is a mistake.
Three more years of trillion dollar deficits. The media will probably blame the Tea Party for the eventual default, too.

THEY’RE COMING FOR YOUR SAVINGS

Uncategorized 34 Comments

Another of history’s many lessons is that governments under pressure become thieves. And today’s governments are under a lot of pressure.
Before we look at the coming wave of asset confiscations, let’s stroll through some notable episodes of the past, just to make the point that government theft of private wealth is actually pretty common.
• Ancient Rome had a rule called “proscription” that allowed the government to execute and then confiscate the assets of anyone found guilty of “crimes against the state.” After the death of Julius Caesar in 44 BC, three men, Mark Anthony, Lepidus, and Caesar’s adopted son Octavian, formed a group they called the Second Triumvirate and divided the Empire between them. But two rivals, Brutus and Cassius, formed an army with which they planned to take the Empire for themselves. The Triumvirate needed money to fund an army of its own, and decided the best way to raise it was by kicking the proscription process into overdrive. They drew up a list of several hundred wealthy Romans, accused them of crimes, executed them and took their property.

It’s Probably Nothing

It's Probably Nothing 16 Comments

Zerohedge;

For whatever reason, JPM has decided that after November 17, 2013, it will halt the use of international wire transfers (saying it would “cancel any international wire transfers, including recurring ones”), but more importantly, limits the cash activity in associated business accounts to only $50,000 per statement cycle. “Cash activity is the combined total of cash deposits made at branches, night drops and ATMs and cash withdrawals made at branches and ATMs.”

h/t Ed S.

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