Wednesday, August 15, 2012
Warning: Get Your Money Out: “All Legal Bank Deposit Protections Are Now Officially Gone”
Harold posted: "Mac Slavo8/12/2012Former money manager Ann Barnhardt, who in November of 2011 made the decision to cease operations of her brokerage firm and return funds to her customers citing "systemic" problems within the entire financial industry, has issued a n"
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Joe Biden’s Gaffe-tastic Day
To shutup Chew Gum you need to cram a corn cob in both holes.
doctorbulldog posted: "Here's a tip for Obama: NEVER let Joe Biden open his mouth: [youtube=http://www.youtube.com/watch?v=iA4efw5jyq0] Yup, that's right; Your DemonRat Slaveowners are threatening you by saying that if you support Ryan & R'omni's plan to get you off o"
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A Picture is Worth a Thousand Words
lowtechgrannie posted: "I don't know who created this stunning image. Thank you to the unknown artist! H/T Roger Fredinburg LTG"
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Re: Florida: CAIR Toolkit to Counter Anti-Sharia Laws
installed in every state attorney general's office. Hate crime working
groups collect "statistics" and educate law enforcers and society. An
example of this is the Judao-protective Knoxville "trunk" which
contains a noose, a Star of David and symbols of the Holocaust as part
of its show-and-tell tool kit.
Through its history, Israel has curtailed the freedom of speech of
Christians to evangelize and express their faith equally with Jews.
Discriminated against for a century, Christian presence in the Holy
Land has shrunk from 20 percent at the beginning of the 20th century
to a struggling two percent today. Israel's formal speech ban on
Christian "proselytizing" in Palestine began with its 1977 anti-
missionary law mandating a five-year prison term for those offering so
much as a gospel tract to an Israeli
On Aug 14, 9:04 pm, Travis <baconl...@gmail.com> wrote:
> ** **
>
> http://www.sunshinestatenews.com/blog/attn-florida-cair-releases-tool...
> ****
>
> ** **
>
> Attn. Florida: CAIR Releases 'Tool Kit' to Fight 'Anti-Sharia' Laws****
>
> BY: KENRIC WARD | Posted: March 1, 2012 5:25 PM****
>
> ** **
>
> The Council on American-Islamic Relations released a "community tool kit"
> designed to counter "anti-Sharia" bills introduced in more than 20 states.**
> **
>
> ** **
>
> CAIR said its "Securing Religious Liberty" tool kit includes "lessons
> learned from opposing anti-Muslim legislative efforts in Oklahoma,
> Tennessee and Michigan, an explanation of the legal impact of the
> discriminatory bills and a discussion of what Sharia is and what it is not."
> ****
>
> ** **
>
> "I urge community leaders and activists to read this important tool kit
> thoroughly, to distribute it widely and to discuss its contents with civil
> liberties coalition partners," said CAIR National Executive Director Nihad
> Awad. "Americans of all faiths must be vigilant in defense of the
> Constitution and the freedoms it grants."****
>
> ** **
>
> The Florida House on Thursday passed HB 1209, which would bar state courts
> from considering "foreign law" in certain cases. CAIR officials vow to
> contest the measure in court if it wins final approval.****
>
> ****
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Biden tells blacks Romney would put them “back in chains”
Dr. Eowyn posted: "The Obama 2012 Campaign invokes slavery to frighten blacks When one had achieved nothing after nearly four years as President, then desperation sets in. And so, the POS sends his sorry excuse of a Vice President to not just play the race card, but play i"
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Special Ops Group Attacks Obama for Bragging about Bin Laden Kill and Leaking National Security Secrets
Scotty Starnes posted: " Got to love our US military! WASHINGTON (Reuters) - A group of former U.S. intelligence and Special Forces operatives is set to launch a media campaign, including TV ads, that scolds President Barack Obama for taking credit for the killing of Osama b"
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All this for a damn flag
Dr. Eowyn posted: "At a 9/11 commemoration ceremony in 2011: [youtube=http://www.youtube.com/watch?v=OJgWMI0hch8] Even Snopes.com had to admit it's "UNDETERMINED" whether or not Mrs. POS said "All this for a damn flag" to Mr. POS. Mr. & Mrs. POS, here are some "
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Re: FEMALE SOLDIERS OF THE WORLD (classic)
Warmongers Beware!
On Aug 15, 2:38 am, Travis <baconl...@gmail.com> wrote:
> ** **
>
> Female_soldiers_of_the_world1.pps
> 3859KViewDownload
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Government Spending Cuts Are Bad for the Economy?
It Just Ain't So
Government Spending Cuts Are Bad for the Economy?
Take a closer look.
Tyler Watts
Posted August 15, 2012
"Looks like I picked the wrong week to quit amphetamines," laments the gruff air traffic controller played by Lloyd Bridges in the ribald disaster-spoof Airplane! Facing the tense situation of helping a nerve-wracked pilot safely land a large passenger jet, "Steve McCroskey" could get a performance boost by popping some pep pills, right?
In like manner, many commentators have suggested recently that the U.S. economy could use an upper in the form of more government spending -- specifically, more public-sector jobs. Governments at all levels, they might say, picked the wrong time to engage in mass layoffs. The sentiment is expressed in recent articles in the New York Times and Wall Street Journal. The Times reporters claim that the recent loss of 706,000 public-sector jobs -- mostly at state and local governments -- is "hurting [economic] recovery." The article claims the unemployment rate would be a full point lower if government employment were at its 2009 levels and that public-sector "layoffs will siphon $15 billion in spending power [from the economy]."
The Journal reporters make similar claims about federal government employment. Their sources warn that (alleged) coming federal spending cuts "would tip the U.S. into recession early next year." They note that federal spending is declining at 0.4 percent annually, with the federal government having shed 52,000 jobs in past year. These cuts have a ripple effect on employment and income, they argue, due to less federal "stimulus" money for state and local governments to maintain spending and employment, less money flowing to government contractors, leading to less employment in these local industries, and so on.
Somewhere the ghost of John Maynard Keynes is smiling his consent; if only the U.S. economy could continue to tap the stimulant of government jobs, the recovery would be much stronger!
But it just ain't so. Pundits who lament the declines in government employment fall for one of the classic blunders in economics: looking only at the short-run effects of a policy on some people, but ignoring the long-term effects on everybody else. (Henry Hazlitt's classic, Economics in One Lesson, exposes this blunder.) To understand the confusion, we must dissect what exactly people mean by the term "economic recovery." A proper understanding of economics reveals that government cuts -- not increases -- are what's needed for renewed economic vitality.
What Does "Economic Recovery" Really Mean?
Most economic commentators focus on simple numerical indicators such as GDP growth and the unemployment rate. In the heady pre-recession years U.S. real GDP growth hovered around 3 percent and the unemployment rate bottomed at about 4.5 percent. The latest GDP growth figure stands at 1.5 percent, and unemployment is 8.3 percent -- poor indeed in comparison with those rosy benchmarks. Government cutbacks are bad news for those who only think in these terms. Government purchaseslike hiring more workersadd directly to GDP, and if extra government hiring drew at all from the ranks of the unemployed, it would also reduce the measured unemployment rate.
But so what? If the goal were really just to get GDP up and unemployment down, it would be a simple task: Government would merely hire all unemployed people at whatever price it takes to induce them to "work"; the higher the pay the better, because -- remember -- increased government purchases add directly to GDP!
Those with a shred of common sense have probably anticipated two obvious objections to this procedure: What exactly will these government workers do? And where is the government getting the money to pay them?
This is where the macro indicators start to lose their meaning. What really matters for economic health is not simply the percentage of people drawing a paycheck, nor the alleged dollar value of total "production." What matters is this: Are people doing the best they possibly can with their limited time, talents, and resources to serve the limitless wants of their fellow human beings? If not, how do things need to change?
Market-Based vs. Political Employment
Perhaps we've been spoiled by hundreds of years of a generally prosperous and growing market economy into assuming that all workers necessarily add to economic output by exactly the value of their paychecks. There is a strong tendency toward this result in a strictly market-based competitive economy. Companies whose revenues don't cover costs can't afford to keep their land, capital, and labor employed very long. Workers who produce more value than their paychecks are likely to see their pay bid up or start their own enterprises.
But such is not the case with government workers. Sure, some of them provide valuable services like filling potholes and judging court cases. But politics plays by a different set of rules than competitive markets. Political spending doesn't have to pass a market test, wherein the price paid by willing consumers must cover the costs of the land, capital, and labor required to produce the goods. Politicians pay for their spendingand their workersthrough taxes or, should further taxation prove unpopular, through borrowing and potentially even printing money. Politicians therefore face much less feedback and much less restraint regarding the employment of unproductive workers. This leads to a common theme in government at all levels: hiring too many workers relative to "consumer" (taxpayer) demands, or more commonly, overpaying their workforces relative to competitive labor market conditions. The latter situation is common for local and state-level governments, which lack an unlimited ability to use deficit finance, but can make large promises of future pension benefits to tomorrow's retirees.
For real recovery to take hold, the fact remains that workers need to be doing something productive and not get overpaid for it. Compared to competitive markets, politically based employment offers feeble mechanisms to ensure government workers are really adding value by their toil. Indeed, one lure of government employment has long been the prospect of guaranteed lifetime income without the stress of market pressures like competition and the need to post profits.
Genuine Recovery: Painful Changes, Spontaneous Growth
The harsh reality of the recession has been a stark demonstration for many enterprises that they are no longer creating value. There are various reasons for this, mostly based on false signals to entrepreneurs and workers generated by myriad government interventions. Yet markets are amazingly resilient, especially in the large, entrepreneurial U.S. economy -- despite all the intervention. Unraveling the mistakes of the housing-boom era takes time, but the correction grinds on despite many government attempts to forestall painful changes. One of these changes, the need for which is fairly evident, is a reduction in bloated public-sector workforces. Yes, this entails some lame GDP and employment numbers, especially in comparison to the peak years of the boom. These numbers are largely artifacts of the cycle; the heart rate is liable to decline during drug withdrawal, but this does not indicate that another bender is in order. Extra government expense at this time would be a bane, not a boon, to our economic health. In sum, "recovery through government spending" is akin to "good health through drug abuse." In either case, a spike in selected short-run indicators will turn into a health disaster if the policy continues for very long.
http://www.thefreemanonline.org/columns/it-just-aint-so/government-spending-cuts-are-bad-for-the-economy/
**JP** Daily Quran and Hadith
Thanks & Best regards,
Imran Ilyas
Cell: 00971509483403
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Re: **JP** Fwd: Slaughter of Muslims in Maynmer
From: noman qazi <nomanqazi1@yahoo.com>
To: "joinpakistan@googlegroups.com" <joinpakistan@googlegroups.com>
Sent: Wednesday, 15 August 2012 12:37 PM
Subject: Re: **JP** Fwd: Slaughter of Muslims in Maynmer
From: Muzammil Baig <muzammal_mb@yahoo.com>
To: UET CS <uet-cs@yahoogroups.com>; Join PK <joinpakistan@googlegroups.com>
Sent: Tuesday, August 7, 2012 6:37 AM
Subject: **JP** Fwd: Slaughter of Muslims in Maynmer
From: amdad kustia <amdadhstu@yahoo.com>
Date: Fri, Jul 27, 2012 at 9:28 AM
Subject: Slaughter of Muslims in Maynmer
To: "islamic-society-ballarat@googlegroups.com" <islamic-society-ballarat@googlegroups.com>
Assalamu-alaikum. The attached material to please see the fate of Muslim in Myanmar. It shows the cruelty of so called peaceful Buddhist. The western media will never disclose the real feature.
With Best Wishes and Regards,
Md. Amdadul Haque
PhD Fellow
University of Ballarat
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