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---------- Forwarded message ----------

Click To Vote and Know the Counts

Who Is Your Choice for US President in 2012

Click the above image to vote any of the following US Presidential candidates ? Liberals welcome too




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New post on Bare Naked Islam

To ALL AMERICAN EMPLOYERS: NEVER EVER HIRE A MUSLIM

by barenakedislam

Sooner or later, you will get sued for religious discrimination. It is a Muslim cottage industry, promoted and financed by Muslim Brotherhood front group CAIR (Council on American Islamic Relation). The latest: CLEVELAND Northeast Ohio native Suhad Hasan, a hijab (headbag)-wearing Muslim, says neither her headbag nor her religion should be an issue where she works. [...]

Read more of this post

barenakedislam | November 17, 2011 at 7:40 PM | Categories: Uncategorized | URL: http://wp.me/peHnV-Cpf

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On Nov 17, 1:52 pm, studio <tl...@hotmail.com> wrote:

> The problems with Norquists argument is;

ARGUMNTS! Finally. Oh boy..

> #1. it divides the country

How so? You call THAT an argument?

> #2. it puts more burden on those who would do the right thing, and
> less on those who wouldn't

You are really bad at arguments aren't you! Those who would
voluntarily pay more taxes obviously have no burden from it.
The others who choose not to have no burden either, they already pay
too much as it is.

> #3. it makes the false analogy that taxes are the same as tips. Few
> people would tip the poor service that Norquists vision of America
> would inevitably provide.

Nobody is tipping the service period! Those are the most over priced
waiters on the planet.


> $4. it doesn't provide a check box for Norquist and others that say's;
> "Check here if you don't want to pay any taxes"

There IS that box for the 47% of America who pay in nothing!
Ironically these are the very people whining! Unbelievable.

If you ever find a good argument, PLEASE post that instead?

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suitable for framing


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Tea Party Nation Founder Calls Cain 'Simply Clueless', Tells Him To Quit
Posted by Gary 8 minutes ago - Filed in The Tea Party - #Ron Paul  #  #herman cain  #clueless  - 196 views
    Tea Party Nation founder Judson Phillips eviscerated GOP presidential candidate Herman Cain following his infamous Libya flail, saying the former pizza mogul should drop out of the race. Phillips, who was a supporter of Cain, wrote, "I was wrong about Herman Cain": Forget the sexual harassment allegations. Forget [campaign aide] Mark Block's gross incompetence. Herman Cain needs to leave the race because he is not qualified to be President. The video is painful to watch. It is obvious Cain is in over his head and simply clueless. [...] In the debate last Saturday night, Herman Cain's foreign policy philosophy seemed to be, 'I'll surround my self with people who have a clue because I do not.'

    Earth to Herman Cain. You cannot subcontract out the duties of President. Read more: http://www.teapartynation.com/forum/topics/i-was-wrong-about-herman-cain

http://rtr.org/blogs/2/13625/tea-party-withdraws-support-of-c

November17th
News Flash: Gingrich Not Conservative
Tom Woods

Gene Healy at the Washington Examiner gives the grim details.

But there's more than what Gene digs up. Here's what a Gingrich supporter is implicitly saying:

(1) It's all right that my candidate says he would have voted for TARP, what Reagan budget director David Stockman has called "the single greatest economic-policy abomination since the 1930s, or perhaps ever." With the people on one side and the entire establishment on the other, Gingrich made his choice, and I'm glad he chose he establishment against me.

(2) It's all right that my candidate, even into 2011, supports the individual mandate for health insurance, the linchpin of Obamacare, which I am supposed to be against.

(3) It's all right that my candidate says he would support a cap-and-trade scheme.

(4) It's all right that my candidate made a TV ad with Nanci Pelosi about global warming.

http://www.youtube.com/watch?feature=player_embedded&v=qi6n_-wB154

(5) It's all right that my candidate, when the GOP had a genuine window of opportunity in 1994, imposed on Republicans in Congress the toothless Contract with America, which even if enacted in toto would have changed nothing of significance.

Newt's dreary record goes on and on. I've covered it on this blog here and here. And if you read or listen to him for any length of time, and refrain from superficial judgments based on talking points he repeats in presidential debates, it is clear he is in no way the conservative the GOP base claims to want. Nothing in his philosophy is conservative. The Left wants to tinker with society and so does Newt. He just thinks his "solutions" are better than the Left's.

http://www.tomwoods.com/blog/news-flash-gingrich-not-conservative/
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---------- Forwarded message ----------
From: HillBuzz.org
Date: Monday, November 14, 2011
Subject: New Post at [HillBuzz.org]
To: ads@hillbuzz.org


HillBuzz.org has posted a new item, 'Free Republic Reports Larry Sinclair Is
Dead -- Here Is What I Know'

You may view the latest post at
http://hillbuzz.org/free-republic-reports-larry-sinclair-is-dead-here-is-what-i-know-76157

You received this e-mail because you asked to be notified when new updates are
posted.

Best regards,
HillBuzz.org
ads@hillbuzz.org


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http://www.youtube.com/watch?feature=player_embedded&v=rCA4tP3wdy0

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The Supreme Court of the United States has traditionally and
continuously upheld the principle that parents have the fundamental
right to direct the education and upbringing of their children.

On Nov 17, 4:50 pm, Bruce Majors <majors.br...@gmail.com> wrote:
> ---------- Forwarded message ----------
> From: National School Choice Week
> Date: Thursday, November 17, 2011
> Subject: Will you join us for National School Choice Week 2012?
> To: Bruce Majors <majors.br...@gmail.com>
>
> Bruce --
>
> Thanks to your invaluable work, 2011 has been a stellar year for the school
> choice movement.
>
> All across the country, a record number of states have passed important
> legislation that enables parents to choose where their children go to
> school. Now, it's time to build on this success. Will you join us once
> again as we plan for National School Choice Week 2012? The dates are set.
> January 22-28, 2012.
>
> Today, we launched a new website,www.SchoolChoiceWeek.com, and I hope
> you'll check it out. The new site makes it easier than ever before to plan
> your own National School Choice Week event, encourage friends and family to
> join the cause, connect with us on social media, and order your National
> School Choice Week scarves and materials. Here are just a few improvements
> you'll notice:
>
> Get Rewarded for Supporting NSCW on Social Media: Our new website actually
> rewards you for supporting National School Choice Week. You will receive
> points each time you "like" our status on Facebook, RSVP for an event,
> create your own event or take any of a number of different actions. I hope
> you'll get in on the "competition" today. On the site, you'll also be able
> to use the new site to recruit friends on Facebook, send Tweets, and easily
> amplify your support of school choice to everyone you know.
>
> Plan Events with Ease and Confidence: Our new platform provides you with
> more tools to plan and manage your National School Choice Week event.
> Registering an event online is now much easier. And if you need a list of
> people who have signed-up to attend an event, you can just print one out.
> Want to send a reminder to guests? Send them an email. Invitees can even
> RSVP for your event on Facebook, while inviting many other supporters to
> sign up, too.
>
> Locate Events in Your Area: If you want to attend an event, it's easier to
> find one! Want to find a National School Choice Week event nearby? Just
> type in your zip code and we'll show you every event going on in your area.
>
> Get Scarves and Event Materials: Our new site makes it easier than ever
> before to order the perfect number of scarves, rally signs, handbooks, and
> other materials for your National School Choice Week event. You can place
> your order for an "Event-in-a-Box" today by clicking here.
>
> You are currently a member of our database and on our new website, we have
> established your very own profile. To claim your profile, simply go towww.SchoolChoiceWeek.com/joinwhere you will be able to update your details
> and establish your own password.
>
> Thanks again for you interest in National School Choice Week. I hope you'll
> take some time today to check out our new site and all of the features it
> offers.
>
> Sincerely,
>
> Kyle Olson
> Executive Director
> National School Choice Weekhttp://www.schoolchoiceweek.com/
>
> Here are three things you can do right now to get involved:
>
> -=-=-
> National School Choice Week · 801 West Norton, Suite 1, Muskegon, MI 49441
> This email was sent to majors.br...@gmail.com. To stop receiving emails,
> click here.
> You can also keep up with National School Choice Week on Twitter or
> Facebook.

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0
wrong again
they don't support RP either because they support interventionism and
israel

On Nov 17, 4:04 pm, studio <tl...@hotmail.com> wrote:
> Don't worry plainolracist, Fox News will pick up the slack for Ron
> Paul.

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you move to Somalia ... they'll kill you for trying to tax them

On Nov 17, 3:52 pm, studio <tl...@hotmail.com> wrote:
> With supercommittee silent, millionaires and others eagerly jump in
> with their own advice
>
> WASHINGTON - Lobbyists for a day, a band of millionaires stormed
> Capitol Hill on Wednesday to urge Congress to tax them more.
>
> "If you think the federal government can spend your money better than
> you can, then by all means" pay more in taxes than you owe, said
> Grover Norquist, of Americans for Tax Reform, a group that has gotten
> almost all congressional Republicans to pledge to vote against tax
> hikes. The IRS should have a little line on the form where people can
> donate money to the government, he suggested, "just like the tip line
> on a restaurant receipt."
>
> One of the millionaires suggested that if Norquist wanted low taxes
> and less government, "Renounce your American citizenship and move to
> Somalia where they don't collect any tax."
>
> http://www.startribune.com/politics/national/133994543.html
> ___
>
> The problems with Norquists argument is;
> #1. it divides the country
> #2. it puts more burden on those who would do the right thing, and
> less on those who wouldn't
> #3. it makes the false analogy that taxes are the same as tips. Few
> people would tip the poor service that Norquists vision of America
> would inevitably provide.
> $4. it doesn't provide a check box for Norquist and others that say's;
> "Check here if you don't want to pay any taxes"
>
> So there you have it Republitards; move to Somalia where they don't
> collect any taxes. And enjoy living under warlord rule the way you've
> dreamed of doing for so long. It's utopia tard style.

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---------- Forwarded message ----------
From: National School Choice Week
Date: Thursday, November 17, 2011
Subject: Will you join us for National School Choice Week 2012?
To: Bruce Majors <majors.bruce@gmail.com>




Bruce --  

Thanks to your invaluable work, 2011 has been a stellar year for the school choice movement.

All across the country, a record number of states have passed important legislation that enables parents to choose where their children go to school. Now, it's time to build on this success. Will you join us once again as we plan for National School Choice Week 2012? The dates are set. January 22-28, 2012.

Today, we launched a new website, www.SchoolChoiceWeek.com, and I hope you'll check it out. The new site makes it easier than ever before to plan your own National School Choice Week event, encourage friends and family to join the cause, connect with us on social media, and order your National School Choice Week scarves and materials. Here are just a few improvements you'll notice:

Get Rewarded for Supporting NSCW on Social Media: Our new website actually rewards you for supporting National School Choice Week. You will receive points each time you "like" our status on Facebook, RSVP for an event, create your own event or take any of a number of different actions. I hope you'll get in on the "competition" today. On the site, you'll also be able to use the new site to recruit friends on Facebook, send Tweets, and easily amplify your support of school choice to everyone you know.

Plan Events with Ease and Confidence: Our new platform provides you with more tools to plan and manage your National School Choice Week event. Registering an event online is now much easier. And if you need a list of people who have signed-up to attend an event, you can just print one out. Want to send a reminder to guests? Send them an email. Invitees can even RSVP for your event on Facebook, while inviting many other supporters to sign up, too. 

Locate Events in Your Area: If you want to attend an event, it's easier to find one! Want to find a National School Choice Week event nearby? Just type in your zip code and we'll show you every event going on in your area.

Get Scarves and Event Materials: Our new site makes it easier than ever before to order the perfect number of scarves, rally signs, handbooks, and other materials for your National School Choice Week event. You can place your order for an "Event-in-a-Box" today by clicking here.

You are currently a member of our database and on our new website, we have established your very own profile. To claim your profile, simply go to www.SchoolChoiceWeek.com/join where you will be able to update your details and establish your own password. 

Thanks again for you interest in National School Choice Week. I hope you'll take some time today to check out our new site and all of the features it offers.

Sincerely,

Kyle Olson
Executive Director
National School Choice Week
http://www.schoolchoiceweek.com/

Here are three things you can do right now to get involved:

    

-=-=-
National School Choice Week · 801 West Norton, Suite 1, Muskegon, MI 49441
This email was sent to majors.bruce@gmail.com. To stop receiving emails, click here.
You can also keep up with National School Choice Week on Twitter or Facebook.

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0


---------- Forwarded message ----------
From: Gary Johnson
Date: Thursday, November 17, 2011
Subject: A media frenzy
To: majors.bruce@gmail.com


<http://www.garyjohnson2012.com/wp-content/uploads/2011/09/gjlogo2.png>

November 17, 2011

Tonight at 8 PM ET (5 PM PT), I will host my third Yowie.com online townhall from the University of California's Washington, DC center.

The event is being sponsored by Johns Hopkins University and the format will differ slightly from our previous townhalls.

I will begin with a 25 minute address to a live audience on the topic of "Liberty and Governance." After my remarks, I will answer questions from those in attendance and from the online audience.

To tune in, visit www.GaryJohnson2012.com at 8 PM ET.

As you might imagine, technology and social media are critical tools in helping me spread our much-needed message of liberty.

Show your support: https://donate.GaryJohnson2012.com

Our first two townhalls combined to draw over 10,000 participants! With your help, tonight's event promises to be our most successful yet.

These interactive townhalls provide a level of transparency and access unlike any presidential campaign in history, where anyone worldwide can tune in and interact with me by asking their questions.

Please share information about tonight's event with your friends, family, and business associates by forwarding this e-mail or linking to the event on Facebook: http://www.facebook.com/events/117914584987562/.

Recently, there has been a burst in media activity due in part to the success of our campaign townhalls and hangouts.

Show your support: https://donate.GaryJohnson2012.com

An in-depth -- and much talked-about -- profile of our campaign appeared Monday in the Los Angeles Times (link).

Last night, I made a high-profile appearance on one of Fox News's most popular shows, "Red Eye" (link). Earlier in the week, I appeared on Fox's "America's Election HQ" (link).

I also had major appearances this week on MSNBC's "Dylan Ratigan Show" (link) and "Up with Chris Hayes" (hour one and hour two).

As you can see, demand for our message continues to increase. The tenets of liberty are beginning to spread like wildfire, and I am deeply humbled to serve as your spokesman on the national stage.

Thank you sincerely for your continued support as I share our message with millions of Americans across the country: https://donate.GaryJohnson2012.com.

Live free!

Gary

<http://files.icontact.com/templates/v2/BoldNewsTwoColumnBlack/images/facebook.gif>Join us on Facebook       <http://files.icontact.com/templates/v2/BoldNewsTwoColumnBlack/images/twitter.gif>Follow us on Twitter       <http://files.icontact.com/templates/v2/BoldNewsTwoColumnBlack/images/email.gif>Make A Contribution

This message was sent to majors.bruce@gmail.com from:

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Lots of diseases are spread by government I.e. Public property

Badly managed public property is the vector or rats and other vermin, just as it is the vector or much crime and pollution

Ir would be a tort of you let your property burn and your neighbors home then caught on fire or if you let your plumbing leak and destroyed the condo below you

But governments let streets sewers sidewalks and alleys be dirty and vermin infested and thus spread disease


On Thursday, November 17, 2011, Jeff Olson <j wrote:
>  
>
> I have an uneasy feeling about all the pro-flu shot propaganda.  I'm waiting for some piece of shit lawmaker to attempt to make it mandatory.
>
> I haven't studied the issue enough to say with any confidence that flu shots are bullshit, but I admit that I very much want to say that (mainly because everyone tells me I ought to have one - this despite my being vastly more healthy than most of them, strangely enough; my ex-fiance practically begged me every year to have them...so strange, since she got sick at least two or three times a year to my zero during her time together).
>
> I think there's some possibility that they might actually be harmful in balance.  Anyway, I'm highly skeptical of their value for most of the population.
>
> jo
>
> On Thu, Nov 17, 2011 at 1:26 PM, Edward Worthington II <edward.worthington.ii@gmail.com> wrote:
>
>  
>
> I got the flu shot (mandated by work), and I ended up in the ER twice in three days with stroke-like symptoms.
>
> I'd rather just get the flu shot.
>
> -Ed Worthington
>
> On Thu, Nov 17, 2011 at 1:26 PM, Dan <dan_ust@yahoo.com> wrote:
>
>  
>
> Has anyone gotten a flu shot and not gotten the flu? I've gotten flu shots most years, but years when I skipped I didn't notice any difference in my not getting sick.
>
> By the way, regarding the book, it's interesting that the cause of its rapid spread seems to have been the war effort. Had, in other words, the US stayed out of the Great War, there might have been no flu epidemic in the 1918.
>
> Regards,
> Dan
>
> ________________________________
> From: Scott Bieser <scott@scottbieser.com>
> To: LeftLibertarian2@yahoogroups.com
> Sent: Thursday, November 17, 2011 12:00 AM
> Subject: Re: [LeftLibertarian2] Re: "The Great Influenza"
>
>  
> Dear Abigail,
>
> I not only have failed to get my flu shot for the 54th year in a row,
> I've failed to get the flu at all in 51 of those years, and when I did
> get the flu, I got to take a few days off work and then I got better.
>
> What am I doing wrong? The CDC is counting on me to die!
>
> On 11/16/2011 7:12 PM, jeff_riggenbach wrote:
>> A flu shot is not enough, unfortunately. By an odd coincidence, I
>> failed to get my flu shot on Saturday November 12 - my long dead
>> father's birthday, as it happens. This is odd because November 12 is
>> the day I fail to get my flu shot every year. I've failed to get my
>> flu shot every year for nearly 65 years now.
>>
>> But enough about me. What cries out for our attention is this new
>> flu pandemic that is sweeping the country and making it necessary for
>> everyone not criminally negligent to get a flu shot. This desperate
>> pandemic is being spread by those meth-cooking bums squatting in the
>> house next door to yours. The solution is to call the police and
>> have them roust those meth-cooking, obscenity-spewing bums from that
>> vacant house, destroy any possessions those bums may have, and then
>> beat those to death and put them out at the curb to be picked up by
>> the garbage men. Hell, it's no worse than driving on government
>> roads.
>>
>> Proudly,
>>
>> JR
>>
>> --- In LeftLibertarian2@yahoogroups.com, "James" <jeo1@...> wrote:
>>>
>>> That's a coincidence, I got my flu shot as well on Saturday
>>> November 12, same day you got yours, according to your post here.
>>>
>>> Again, despite being subject to a steady barrage of anti
>>> vaccination "libertarian" propaganda.
>>>
>>> --- In LeftLibertarian2@yahoogroups.com, MikeHolmesTX@ wrote:
>>>>
>>>> I thought I had sent this out earlier but I don't recall seeing
>>>> it.
>>>>
>>>> If
>
> __._,_.___
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> Messages in this topic (15)
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>
> Stay on top of your group activity without leaving the page you're on - Get the Yahoo! Toolbar now.
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New post on Bare Naked Islam

DA MAN! Dennis Miller says he was ready to hit a Muslim on a plane

by barenakedislam

Fox News contributor Juan Williams lost his National Public Radio job for suggesting he was a little apprehensive when flying with Muslims, even 10 years after the 9/11 attacks. Comedian and Political Commentator, Dennis Miller, goes him one better. Daily Caller  Comedian and radio host Dennis Miller, however, took the sentiment to another level during [...]

Read more of this post

barenakedislam | November 17, 2011 at 4:31 PM | Categories: Islam in America | URL: http://wp.me/peHnV-Com

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0

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Don't worry plainolracist, Fox News will pick up the slack for Ron
Paul.

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0
So the Republitards instead of cutting a deal for a lower increase in
taxes for millionaires, will instead opt for a larger increase for
EVERYONE when the Bush Jr. era tax cuts come to an end.

There won't be another extension, you can count on that.

You can't make this stuff up folks, Republitards are capable of the
most ignorant things imaginable.

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With supercommittee silent, millionaires and others eagerly jump in
with their own advice

WASHINGTON - Lobbyists for a day, a band of millionaires stormed
Capitol Hill on Wednesday to urge Congress to tax them more.

"If you think the federal government can spend your money better than
you can, then by all means" pay more in taxes than you owe, said
Grover Norquist, of Americans for Tax Reform, a group that has gotten
almost all congressional Republicans to pledge to vote against tax
hikes. The IRS should have a little line on the form where people can
donate money to the government, he suggested, "just like the tip line
on a restaurant receipt."

One of the millionaires suggested that if Norquist wanted low taxes
and less government, "Renounce your American citizenship and move to
Somalia where they don't collect any tax."

http://www.startribune.com/politics/national/133994543.html
___

The problems with Norquists argument is;
#1. it divides the country
#2. it puts more burden on those who would do the right thing, and
less on those who wouldn't
#3. it makes the false analogy that taxes are the same as tips. Few
people would tip the poor service that Norquists vision of America
would inevitably provide.
$4. it doesn't provide a check box for Norquist and others that say's;
"Check here if you don't want to pay any taxes"

So there you have it Republitards; move to Somalia where they don't
collect any taxes. And enjoy living under warlord rule the way you've
dreamed of doing for so long. It's utopia tard style.

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November17th
Coulter: Newt's No Conservative, Now Let's Support Mitt
Tom Woods

I don't read Ann Coulter, but this column appeared in my inbox yesterday and I clicked to see her thoughts on Gingrich. She doesn't like him. He's a phony, a sellout, not really committed to the principles people think he is.

So far, so good. The rest of the column is dedicated to singing the praises of Mitt Romney. But don't worry: Ann will let us bark fruitless complaints at President Romney:
Instead of sitting on our thumbs, wishing Ronald Reagan were around, or chasing the latest mechanical rabbit flashed by the media, conservatives ought to start rallying around Romney as the only Republican who has a shot at beating Obama. We'll attack him when he's president.
Sure "we" will, Ann. And a lot of good it will do.
Most important new product of the century.

New post on Fellowship of the Minds

Baconlube is Real! Where's the Fatwa?

by lowtechgrannie

It started as an April Fools joke; but, it's no joke now. 

 

You've always been a lover of bacon.  Now you can be a bacon lover,  with baconlube™, the world's first bacon-flavored personal lubricant and massage oil.

http://www.baconlube.com/

 

 

I can think of a lot of National Security applications for this new product.  Just imagine if airlines distributed little samples of Baconlube at the ticket counter and everyone in the airport smelled like bacon.  LOL!

LTG

 

lowtechgrannie | November 17, 2011 at 10:18 am | Tags: bacon, baconlube, pork | Categories: Humor | URL: http://wp.me/pKuKY-aGe

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0


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To: ads@hillbuzz.org


HillBuzz.org has posted a new item, 'Why Mitt Romney Will Lose in Iowa: and Why
Ron Paul Will Win'

You may view the latest post at
http://hillbuzz.org/why-mitt-romney-will-lose-in-iowa-and-why-ron-paul-will-win-96257

You received this e-mail because you asked to be notified when new updates are
posted.

Best regards,
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ads@hillbuzz.org


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New post on ThinkMarkets

Sliding Toward the Individual Health Insurance Mandate: An Absurdist Analysis

by Mario Rizzo

by Mario Rizzo

I am not an expert in US Constitutional law, but I am not totally uniformed either. And yet (or because of this) I was shocked to see the completely crazy "analysis" that appeared, as an opinion piece, in the Wednesday, November 16th issue of the New York Times. The author is the anti-trust and health law scholar Einer R. Elhauge of the Harvard Law School. I am somewhat relieved to find that he is not a constitutional law expert either.  

Nevertheless, the article is notable for how casually it treats the legal issues. Read more of this post

Mario Rizzo | November 17, 2011 at 10:42 am | Tags: individual mandates, Obamacare | Categories: Insurance, medical care, US Constitution | URL: http://wp.me/pmseG-1iI

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---------- Forwarded message ----------
From: Tabitha Hale
Date: Thursday, November 17, 2011
Subject: Tea Paryt Debt Commission hearing TODAY!
To: Bruce <majors.bruce@gmail.com>


Use this area to offer a short teaser of your email's content. Text here will show in the preview area of some email clients.
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View it in your browser.

The Tea Party Debt Commission hearing is today!

The Tea Party Debt Commission has spent the last three months traveling the country asking thousands of grassroots activists to come up with ways to cut the budget. The results are HUGE. Don't miss this historic joint hearing where Tea Party activists will share the findings of the Tea Party Debt Commission directly with legislators.

Where
CSPAN-3 and C-SPAN.org.
When
TODAY at 2pm EST
Who
FreedomWorks, 12 Tea Party Debt Commissioners, RSC Chairman Jim Jordan (OH-4), Senator Mike Lee (UT), Senator Rand Paul (KY), Congressman Jeff Flake (AZ-6), Congressman Paul Broun (GA-10), Congressman Joe Walsh (IL-8), Congressman Michael Burgess (TX-26) and Congressman Steve King (IA-5).

Dueling Debt Commissions

Washington, D.C: House and Senate members will join over 200 tea party leaders from across the country for the Tea Party Debt Commission joint hearing this Thursday, Nov. 17th from 2-4pm ET in Senate Russell hearing room 325. Commissioners will testify for approx. 30 minutes, followed by Q&A from legislators.

Following Up: Interview Opportunities

If you'd like to chat with Dean Clancy or another Debt Commission expert, please email me at thale@freedomworks.org and let me know! Also, we're happy to promote any coverage, so let me know if you do write about it and I'll ink it on our site and tweet it out.

Help us Tweet?

We'd apprecite any online traction on this. The official hashtag is #TPDC. Here are a couple things to Tweet out!

RT @FreedomWorks: The Tea Party Debt Commission hearing is today at 2pm ET! Watch here: http://cs.pn/gglqcM #TPDC

RT @FreedomWorks: #OWS is melting down. Meanwhile, tea partiers are presenting their budget to Congress. 2pm ET http://cs.pn/gglqcM  #TPDC
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---------


 

http://news.yahoo.com/next-financial-crisis-hellish-way-204303737.html

The next financial crisis will be hellish, and it's on its way

"There is definitely going to be another financial crisis around the corner," says hedge fund legend Mark Mobius, "because we haven't solved any of the things that caused the previous crisis."

We're raising our alert status for the next financial crisis. We already raised it last week after spreads on U.S. credit default swaps started blowing out.  We raised it again after seeing the remarks of Mr. Mobius, chief of the $50 billion emerging markets desk at Templeton Asset Management.

Speaking in Tokyo, he pointed to derivatives, the financial hairball of futures, options, and swaps in which nearly all the world's major banks are tangled up.

Estimates on the amount of derivatives out there worldwide vary. An oft-heard estimate is $600 trillion. That squares with Mobius' guess of 10 times the world's annual GDP. "Are the derivatives regulated?" asks Mobius. "No. Are you still getting growth in derivatives? Yes."

In other words, something along the lines of securitized mortgages is lurking out there, ready to trigger another crisis as in 2007-08.

What could it be? We'll offer up a good guess, one the market is discounting.

Seldom does a stock index rise so much, for so little reason, as the Dow did on the open Tuesday morning: 115 Dow points on a rumor that Greece is going to get a second bailout.

Let's step back for a moment: The Greek crisis is first and foremost about the German and French banks that were foolish enough to lend money to Greece in the first place. What sort of derivative contracts tied to Greek debt are they sitting on? What worldwide mayhem would ensue if Greece didn't pay back 100 centimes on the euro?

That's a rhetorical question, since the balance sheets of European banks are even more opaque than American ones. Whatever the actual answer, it's scary enough that the European Central Bank has refused to entertain any talk about the holders of Greek sovereign debt taking a haircut, even in the form of Greece stretching out its payments.

That was the preferred solution among German leaders. But it seems the ECB is about to get its way. Greece will likely get another bailout — 30 billion euros on top of the 110 billion euro bailout it got a year ago.

It will accomplish nothing. Going deeper into hock is never a good way to get out of debt. And at some point, this exercise in kicking the can has to stop. When it does, you get your next financial crisis.

And what of the derivatives sitting on the balance sheet of the Federal Reserve? Here's another factor behind our heightened state of alert.

"Through quantitative easing efforts alone," says Euro Pacific Capital's Michael Pento, "Ben Bernanke has added $1.8 trillion of longer-term GSE debt and mortgage-backed securities (MBS)."

Think about that for a moment. The Fed's entire balance sheet totaled around $800 billion before the 2008 crash, nearly all of it Treasuries. Now the Fed holds more than double that amount in mortgage derivatives alone, junk that the banks needed to clear off their own balance sheets.

"As the size of the Fed's balance sheet ballooned," continues Mr. Pento, "the dollar amount of capital held at the Fed has remained fairly constant. Today, the Fed has $52.5 billion of capital backing a $2.7 trillion balance sheet.

"Prior to the bursting of the credit bubble, the public was shocked to learn that our biggest investment banks were levered 30-to-1. When asset values fell, those banks were quickly wiped out. But now the Fed is holding many of the same types of assets and is levered 51-to-1! If the value of their portfolio were to fall by just 2%, the Fed itself would be wiped out."

Mr. Pento's and Mr. Mobius' views line up with our own, which we laid out during interviews on our trip to China this month.

An Eye on the Next Financial Crisis by Addison Wiggin originally appeared in the Daily Reckoning.

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She chaired the oversight of the 2008 U.S. banking bailout .... that's
all I want to know about her

know the enemy

On Nov 17, 10:57 am, GregfromBoston <greg.vinc...@yahoo.com> wrote:
> You started it girl!
>
> Twice

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Urban Wonk
How the Plummeting Price of Cocaine Fueled the Nationwide Drop in Violent Crime
Llewellyn Hinkes-Jones
Nov 11, 2011

Starting in the mid-1990s, major American cities began a radical transformation. Years of high violent crime rates, thefts, robberies, and inner-city decay suddenly started to turn around. Crime rates didn't just hold steady, they began falling faster than they went up. This trend appeared in practically every post-industrial American city, simultaneously.

"The drop of crime in the 1990s affected all geographic areas and demographic groups," Steven D. Levitt wrote in his landmark paper on the subject, Understanding Why Crime Fell in the 1990s, and elucidated further in the best-selling book Freakonomics. "It was so unanticipated that it was widely dismissed as temporary or illusory long after it had begun." He went on to tie the drop to the legalization of abortion 20 years earlier, dismissing police tactics as a cause because they failed to explain the universality and unexpectedness of the change. Alfred Blumstein's The Crime Drop in America pinned the cause of crime solely on the crack epidemic but gave the credit for its disappearance to those self-same policing strategies.

Plenty of other theories have been offered to account for the double-digit decrease in violence, from the advent of "broken windows" policies, three strikes laws, changing demographics, gun control laws, and the increasing prevalence of cellphones to an upturn in the economy and cultural shifts in American society. Some of these theories have been disproven outright while others require a healthy dose of assumption to turn correlation into causation. But much less attention has been paid to another likely culprit: the collapse of the U.S. cocaine market.

•       •      •       •      •

Cocaine was the driving force behind the majority of drug-related violence throughout the 1980s and into the early 1990s. It was the main target of the federal War on Drugs and was the highest profit drug trade overall. In 1988, the American cocaine market was valued at almost $140 billion dollars, over 2 percent of U.S. GDP. The violence that surrounded its distribution and sale pushed the murder rate to its highest point in America's history (between 8-10 per 100,000 residents from 1981-1991), turned economically impoverished cities like Baltimore, Detroit, Trenton and Gary, Indiana, into international murder capitals, and made America the most violent industrialized nation in the world.

Then in 1994, the crime rate dropped off a cliff. The number of homicides would plummet drastically, dropping almost 50 percent in less than ten years. The same would go for every garden variety of violent crime on down to petty theft. The same year as the sharp decline in crime, cocaine prices hit an all-time low. According to the DEA's System to Retrieve Information on Drug Evidence (STRIDE) data, the price per gram of cocaine bottomed out in 1994 at around $147 (calculated in 2003 dollars), the lowest it had been since statistics became available.

Something was wrong. If anything, cocaine prices should have been skyrocketing. One of the DEA's stated objectives for the War on Drugs was to make drugs more expensive and therefore harder to access for the individual user. To get there, the DEA pursued a number of strategies: large drug busts, heavier penalties on importers and producers, and limiting access to the materials used in drug production. Even while many of those tactics produced big successes, cocaine prices still went down, not up, and crime plummeted right alongside.

In 1993, the DEA worked with the Colombian government to finally take down the Medellín drug cartel operating out of Bogota, which, at one point, was bringing in $60 million a day in drug profits. In 1994, DEA seizures brought in over 75,000 kgs of cocaine, the largest yearly haul at the time. From 1995 to 1996, they would arrest the entire hierarchy of the Cali Cartel, "the wealthiest and most powerful international criminal organization" and "the most significant enforcement action taken against organized crime leaders since the Appalachian Gangster Raid in 1957," according to the DEA's own description of the case.

The Chemical Diversion and Trafficking Act (CDTA) of 1988 gave the DEA the power to regulate chemicals and industrial machinery used in the processing of cocaine and methamphetamine by South American and U.S. drug manufacturers. A similar agreement reached that year through the U.N. Convention Against Illicit Drug Traffic helped stem the tide of international drug trafficking. In 1993, the Domestic Chemical Diversion and Control Act (DCDCA) tightened up restrictions even further, closing loopholes on various chemicals that squeaked through the CDTA regulations. In 2008, drug researchers for the University of California at Santa Cruz found that "[The DCDCA triggered] probably the largest 'supply' shock that has occurred in any illegal drug market in the United States."

But despite drug busts and stricter regulations, cocaine prices kept declining. In fact, prices have been declining since before the War on Drugs even began. An Atlantic story from 2007 noted that the price per gram for cocaine had gone from an average of around $600 in the early 1980s to less than $200 in the mid 1990s, and was down to as little as $20 per gram with ever-increasing purity. In some instances, illegal drug prices spiked in the wake of a large drug bust or the dismantling of a cartel, but the larger trend has been markedly downward. That's due in large part to the ingenuity of drug importers, who only got more sophisticated in their ability to bypass border security and avoid arrest following a significant bust, ultimately bringing in more product with time. That growing supply resulted in more competition between dealers who started supplying a higher purity product, at a lower cost, to win over consumers.

But it's not only a growing supply of product that led to the collapse of the cocaine market. Newfound competition in the form of locally-produced methamphetamines and prescription narcotics would continue to drive business away from cocaine and the inner city to the suburbs and exurbs.

•       •      •       •      •

Prior to the 1990s, most methamphetamine came from Mexico via large, industrial chemical operations. The passage of laws like DCDCA hampered that industrial production, but it also pushed drug manufacturers to find alternate sources. Asia soon became a larger source for equipment and chemicals. More importantly, during this same time period home-grown meth labs appeared all over the country, as the process for cooking meth with over-the-counter allergy medicines was perfected and shared.

The advent of improvised "shake 'n' bake" or "coffee pot" methods of methamphetamine production meant that meth could be processed in hotel rooms and basements, without the dangers of border crossings, with fewer middle men, and with a higher return for the producers. Anybody with a recipe and sufficient amounts of cold medicine and benzyl chloride could become a meth entrepreneur. It was a dangerous process that could lead to chemical explosions, but the return on investment was far greater than before. Meth sold just under the street price of cocaine and became popular in new, non-urban markets that were left untouched by the crack epidemic, away from the world of inner-city police enforcement.

The ensuing toll that meth would take on peoples' lives in the Midwest and Northwest would almost rival that of cocaine in the inner cities during the 1980s. The Department of Heath and Human Services Treatment Episode Data Set (TEDS), which tracks drug treatment center admission rates, shows an increase of over 100 percent in methamphetamine use in New Orleans, Seattle, and St. Louis, and a 200 percent increase in Minneapolis. DEA seizures of methamphetamines would almost triple from 1994-2007. In 2005, the National Drug Intelligence Center labeled meth as "the primary drug threat to the Pacific Region." The price dropped below that of cocaine and the purity tripled. Yet even in states hit hard by the meth epidemic like Oregon, felonies declined to a rate not seen since the 1960s. Crimes related to methamphetamine may have increased, but overall statewide numbers for everything from property crime, robbery, and assault all decreased.

Meanwhile, pharmaceutical opiates began to see a renaissance. Oxycontin was approved by the FDA in 1995 and quickly became an illicit recreational drug under the colloquialism "hillbilly heroin." According to Drug Abuse Warning Network (DAWN) stats from the Substance Abuse and Mental Health Administration (SAMHSA), emergency room visits related to pharmaceutical opiates like Oxycontin and Oxycodone increased ten-fold from 1994 to 2007. Sales of Oxycontin in 2001 hit $1 billion a year. The market was being flooded from every angle.

All of this competition would most affect the foot soldiers in the cocaine trade, between whom the majority of inner-city violence occurred. Thanks to the work of Sudhir Venkatesh on the underground markets of the Chicago's urban poor, we know that drug gangs are highly organized and stratified. Those at the bottom selling on street corners make very little. Most only sell drugs part-time as a means of supplementing income. Few sellers pull in substantial earnings. In a study of Washington, D.C. dealers, Venkatesh found "25 percent of the sample sold drugs no more than once a week, and these people reported monthly net earnings from the drug trade of just $50 a month." The basic conclusion is that the lack of financial opportunities in the ghetto and the promise of climbing the gang's organizational ladder kept small-time dealers accepting low wages.

And there's the missing piece in the DEA's theory. Once the margin of profit for dealing small amounts of crack cocaine disappeared, being part of the drug trade was no longer worth the persistent threat of violence or the stiff criminal penalties. A 70 percent drop in cocaine prices like the one that occurred in the mid 1990s combined with competition from decentralized sources for methamphetamines and prescription narcotics would completely eliminate the minimum wage drug dealer as a viable profession.

The same goes for turf wars, which Venkatesh saw as the source of the majority of inner-city violence. He saw the life of a drug dealer as relatively violence-free up until territory conflicts with other gangs ensued. Without the high value of cocaine as a commodity, the incentive for protracted gang wars would dwindle as well as eliminate the economy for the illegal weapons, drive-by shootings, and mercenary "warriors" needed to help defend prime dealing locations. Without profit to fight over, Vankatesh thought that "gang violence would likely return to pre-crack levels."

This also explains why there's never been a large upswing in crime related to methamphetamine use. As long as production costs stay below that of cocaine's already cut-rate asking price, the demand to be on the business end is low. If the financial incentive is low, the trade-off for entering a life of crime is low. At a certain point the decision matrix for entering a life of drug-related crime collapses for all but those with no other alternate financial sources or for those with a personal interest in the craft.

•       •      •       •      •

Even though cocaine use would slowly decline, general drug use would continue unabated. DAWN statistics show that emergency room visits for illicit drug abuse increased substantially from 1994 to 2009, climbing from 449,964 to 973,000. Including narcotic analgesics like Oxycontin in that calculation increases the difference by over 50,000 visits. DEA seizures of cocaine shipments would spike to 117,000 kgs in 2007, indicating that bulk shipments hadn't subsided. Essentially, people were still buying and using drugs in ever greater quantities.

To this day, America's prison population and drug consumption remain the largest in the world. Cocaine has declined in popularity, but America's appetite for drugs of every variety is still voracious. Drug arrests have quadrupled over the last 40 years and more than four-fifths of those are for possession. That number continues to climb while the number of arrests for sale and manufacturing peaked in 1995. Even though crime overall has plummeted, people are still getting arrested at alarming rates. When limiting the focus to minority populations, the numbers are even more drastic.

This contradicts one of the central tenets of the War on Drugs, which is that the psychopharmacological effects of drug use lead to criminal behavior. Most studies show that it's in fact the competition of an unregulated market that encourages the majority of violent crime. This concept was evidenced during the prohibition era in the 1920s, a time that coincided with an increase in crime, corruption, and contempt for law.

As a counter-example, drug use in Mexico is relatively low, approximately 2 percent, whereas in America it hovers around 8 percent. Yet, violence there is at an all-time high. The market and the crime surrounding the trade might have crashed in the U.S., but the death toll has only increased South of the border ever since that region inherited the title of lead cocaine importer. Currently valued at over $3 billion annually, the Mexican cocaine market shows no signs of subsiding, and as long as such a high-valued market exists, violence will most likely follow.


http://www.theatlanticcities.com/jobs-and-economy/2011/11/cocaine-plummeting-price-nationwide-drop-violent-crime/474/
You started it girl!

Twice

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0
http://www.youtube.com/watch?NR=1&v=-wwbrihlXts

so, why would CBS shortchange Ron Paul?
easy answer - the Chairman, Leslie Moonves is the nephew of of David
Ben-Gurion, the first Prime Minister of Israel. The President, Nancy
Tellem, is a jewish attorney married to a high profile jewish sports
agent.

yes ... the truth does hurt sometimes

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