Joe Nobody: 6 Important Bug Out Bag Items

Posted on January 25, 2014 by DRenegade

The videos for the 6th day of the seminar have now been made private.

httpv://www.youtube.com/watch?v=XnGmBhWzXos

Posted in Editorial, Education | Tagged | 2 Comments

Eric Bolling: ‘I Don’t Think There’s Racism’

Posted on January 25, 2014 by DRenegade

httpv://www.youtube.com/watch?v=k-_vVguYv1o

h/t Brock Townsend

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Twenty-nine dead in clashes on anniversary of Egypt uprising

Posted on January 25, 2014 by DRenegade

pResident Obama Middle East Speech: Supporting Democracy in Egypt – May 20, 2011

httpv://www.youtube.com/watch?v=y4i5aSCpS6U

Twenty-nine people were killed during anti-government marches on Saturday while thousands rallied in support of the army-led authorities, underlining Egypt’s volatile political fissures three years after the fall of autocrat President Hosni Mubarak.

Security forces lobbed teargas and some fired automatic weapons in the air to try to prevent demonstrators opposed to the government reaching Tahrir Square, the symbolic heart of the 2011 uprising that toppled the former air force commander.

As police tried to calm Cairo’s politically-charged streets, a car bomb exploded near a police camp in the Egyptian city of Suez, security sources said.

The blast, which was followed by a fierce exchange of gunfire, suggested the authorities could be locked in a long-term battle with Islamist insurgents who are gaining momentum.

More…

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How Much Longer?

Posted on January 25, 2014 by DRenegade

Source

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THE ‘EARTH-SHATTERING’ NEWS RUSH LIMBAUGH SAYS THE MEDIA IGNORED, BUT YOU NEED TO KNOW

Posted on January 25, 2014 by DRenegade

httpv://www.youtube.com/watch?v=rktup9gQJuo

Conservative radio host Rush Limbaugh expressed disgust, though not shock, that the mainstream media ignored an “earth-shattering” story out of Wisconsin that “should have caused a political earthquake.”

The state of Wisconsin’s unemployment rate is “rapidly falling” and the government’s budget ended the year with a $912 million surplus, Limbaugh explained. He says the dramatic turnaround is due in large part to the conservative policies of Gov. Scott Walker.

What’s even more amazing, he continued, is the fact that Walker is going to “rebate the money in the form of tax cuts to the people, who he said own the money.” Limbaugh says the news is “earth-shattering” because, in one of the bluest states, Walker was targeted for removal twice but continued to implement conservative policies that he was confident would help his state — and his strategy appears to be working.

“They did everything they could to gin up hate, anger, tried to destroy his reputation, his career, and his life,” he said. “He hung in there. The state of Wisconsin instituted his policy reforms, de-emphasizing the role of unions in the state.”

More…

h/t Andy D

Posted in Editorial, Financial | Tagged , | 3 Comments

25Jan14 ECSUM

Posted on January 25, 2014 by DRenegade

See additional comments on Tea Party Nation.

The world’s stock markets ending the week of 1/25/2014

This past week may be remembered as the prelude to the economic collapse. Although the following information lists the highlights, the established media is starting to report on the true state of the economy. This should be a strong signal to people to start (or hopefully continue) contingency plans for their future. There are several points not addressed further but will impact our economy and should be considered:

a. The lack of news in the past week on the state of Obamacare. Specifically, the backend link from the government’s system to the insurance companies and how premiums will be processed.

b. The lack of news concerning the conflicts in Syria, North Korea, China/Japan, Iraq and the Central Africa Republic. Egypt and the Ukraine have overtaken this segment of the news.

c. The state of the Federal Reserve as the transition from Bernanke to Yellan occurs on February 1, 2014. What does this mean? Or did Bernanke get out at the right time?

Economic Summary for the Week Ending January 25, 2014.

1. The currencies in Venezuela, Argentina and Turkey collapsed this week.

One country’s currency collapsing should be major news.

Continue reading →

Posted in Editorial | 1 Comment

New Study Based on North Carolina’s Policies: Unemployment Benefits Weaken Economy

Posted on January 25, 2014 by DRenegade

Traders on Wall Street / APTraders on Wall Street / AP

New academic research released last week showing that extending unemployment benefits is a net economic drag could strengthen the conservative case against extending those benefits at the federal level.

Congress allowed benefits for the long-term unemployed to expire at the end of 2013 as part of a larger budget deal. Democrats have offered proposals to extend the benefits.

The latest legislation, a 10-month extension with budget offsets, was held up in the Senate on Thursday after Majority Leader Harry Reid (D., Nev.) blocked Republicans from offering amendments.

The liberal case for an extension of benefits for the long-term unemployed rests on the supposed stimulative effect of greater disposable income for the unemployed.

The new study, conducted by economists at the University of Pennsylvania and the Federal Reserve Bank of New York, contends that any such stimulus is dwarfed by the economic damage done by extending jobless benefits.

The study examines policies enacted by North Carolina that reduced the length and generosity of unemployment benefits from the state. The reforms have been presented as a test case on the likely effects of allowing federal benefits to expire.

The study found that the state’s reforms were an economic positive. After the reforms were implemented the unemployment rate and the number of unemployed workers both declined, even as it saw “a strong increase in the labor force.”

The increase in North Carolina employment was primarily in the private sector. Wages and earners remained mostly steady, while the average number of hours worked slightly increased.

The results stood in stark contrast to employment trends in neighboring South Carolina and Virginia.

“North Carolina stands out among its neighbors in the improvement in its labor market performance since its unemployment insurance system was reformed,” the study said.

More…

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THE RULE OF LAW VERSUS THE NSA

Posted on January 25, 2014 by DRenegade

by Jacob G. Hornberger

When a system depends on trusting public officials with the exercise of totalitarian powers, that is the opposite of a free society. A free society necessarily is based on a governmental system in which the government does not wield totalitarian powers.

This is the difference between what is known as the rule of law versus the rule of men. The free society is based on the former. An unfree society is based on the latter.

For example, consider the type of system that our American ancestors devised, one based on the rule of law. Under that system, the government was prohibited from doing such things as spying on people in general, breaking into their homes and offices, and peering into their personal effects.  The only way that the government could legally target someone for searching into his personal life was by presenting evidence to a judge that indicated that the person was involved in illegal conduct. If the judge concluded that the evidence was sufficient, he would issue a warrant specifically describing the place to be searched and the items being searched for.

That’s, in fact, the system that we still have at the state level. Under the U.S. Constitution and state constitutions, the cops are prohibited from spying on and searching everyone for the sake of ferretting out the small percentage of people committing crimes. Instead, they must wait until they secure evidence establishing “probable cause,” present it to a judge, and secure a warrant before they can target a specific person.

That’s a system based on the rule of law.

The advent of the national-security state after World War II fundamentally changed America’s constitutional structure. As we all now know, the NSA wields the power to spy on everyone and search into their personal affairs without any probable cause and without a specific warrant naming the person, the place, and the specific items being searched for. The idea is that in order to “keep us safe,” the government must spy on everyone to catch the small minority of people who are committing terrorist attacks.

That’s a system based on the rule of men. It necessarily depends on trusting people with omnipotent power.

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The first step is to address the fact that the NSA surveillance is illegal and stop shooting the messenger.

David DeGerolamo

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Smaller Is Better? What Is the Proper Role of Federal and State Government?

Posted on January 24, 2014 by DRenegade

httpv://www.youtube.com/watch?v=soiBN72NG8Y#t=1s

From YouTube:

Trifecta discusses the proper role of state and federal government. Is it to eradicate income inequality or to provide for retirement security? Could it be that the proper role of government is properly delineated in the U.S. Constitution?

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The New Tea Party

Posted on January 24, 2014 by DRenegade

httpv://www.youtube.com/watch?v=xKlDOKSg6mA

From YouTube:

It’s time for the full power of the Tea Party to be unleashed by joining every chapter in a national Tea Party alliance under the leadership of Retired General Paul Vallely.

Posted in Editorial | Tagged , | 6 Comments

Wal-Mart’s cuts 2,300 jobs at Sam’s Club

Posted on January 24, 2014 by DRenegade

The Walmart logo is pictured at its store in the Porter Ranch section of Los Angeles November 26, 2013. REUTERS/Kevork Djansezian

Wal-Mart Stores Inc (WMT.N) said on Friday it had cut 2,300 jobs, or roughly 2 percent of the total workforce at its Sam’s Club retail warehouse chain, its biggest round of layoffs since 2010.

The action follows a lackluster U.S. holiday season and layoffs announced earlier this month from U.S. retailers Macy’s Inc (M.N), J.C. Penney Co Inc (JCP.N) and Target Corp (TGT.N).

Wal-Mart company spokesman Bill Durling said in a telephone interview that the cuts will include hourly workers and assistant manager positions.

“We’re trying to rebalance our resources,” Durling said.

Affected employees who are unable to find new positions at Sam’s Club or Walmart will be eligible for severance, Durling said.

Wal-Mart is scheduled to report results from its holiday quarter on February 20. Shares in the world’s biggest retailer closed down 0.7 percent at $74.42 on a day when concerns over emerging markets prompted a broad Wall Street sell-off.

More…

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HSBC imposes restrictions on large cash withdrawals

Posted on January 24, 2014 by DRenegade

Some HSBC customers have been prevented from withdrawing large amounts of cash because they could not provide evidence of why they wanted it, the BBC has learnt.

Listeners have told Radio 4’s Money Box they were stopped from withdrawing amounts ranging from £5,000 to £10,000.

HSBC admitted it has not informed customers of the change in policy, which was implemented in November.

The bank says it has now changed its guidance to staff.

New rules

Stephen Cotton, from Worcestershire, went to his local HSBC branch this month to withdraw £7,000 from his instant access savings account to pay back a loan from his mother.

A year before, he had withdrawn a larger sum in cash from HSBC without a problem.

But this time it was different, as he told Money Box: “When we presented them with the withdrawal slip, they declined to give us the money because we could not provide them with a satisfactory explanation for what the money was for. They wanted a letter from the person involved.”

Mr Cotton says the staff refused to tell him how much he could have: “So I wrote out a few slips. I said, ‘Can I have £5,000?’ They said no. I said, ‘Can I have £4,000?’ They said no. And then I wrote one out for £3,000 and they said, ‘OK, we’ll give you that.’ ”

More…

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What would you do if the banks restricted the amount of money that you could withdraw as was done in Greece and by HSBC? Or if the government decided that everyone had to bail in the country by confiscating part or all of your financial assets? Would you have believe that once the government had a complete record of all of your financial assets in order to qualify for Obamacare that the back end to actually interface with the insurance companies was never developed?

It is about the 1’s and the 0’s. Just start putting 2 + 2 together without common core.

David DeGerolamo

Posted in Editorial, Financial | 2 Comments

Supreme Court grants temporary reprieve from contraceptive mandate

Posted on January 24, 2014 by DRenegade

Supreme Court is shown. | AP Photo

The Obama administration cannot enforce the Affordable Care Act’s contraception coverage requirements against a Catholic nuns’ order for the time being, if the nuns tell the government they object to providing that coverage, the Supreme Court ruled Friday afternoon.

The Supreme Court’s action could defuse for the time being a showdown between religious employers and the federal government over the procedures for providing contraceptive coverage to employees of hospitals, nursing homes and other entities run by religious groups.

In a one-page order issued by the court without any noted dissent, the justices said that — at least for now — the Little Sisters of the Poor did not have to follow the procedure the Obama Administration established for religious groups to escape complying with ACA-related rules requiring that employer-provided coverage include contraceptives.

More…

Posted in Editorial, Health Care | Tagged , , , , | 3 Comments

Doug Hagmann: Threats at Sochi expose “a larger agenda,” says intelligence source

Posted on January 24, 2014 by DRenegade

“Knowing about the terror threat to the Olympic games at Sochi is one thing. Understanding the threat and what’s behind it is quite another. There’s a very important back-story that no one is reporting,” stated this source. “Understanding what’s happening behind the scenes will put things into a certain perspective, and it’s a perspective from which nightmares are born,” he added.

I was recently asked about the possibility of a false flag attack at the Olympics by someone I respect. He is well grounded and well informed, and is not someone who travels down rabbit holes chasing alternate realities. Initially, I had not given that angle as much consideration as it warranted. After carefully consideration of his question, I contacted several sources active in the intelligence community, posing the question he asked. I was somewhat surprised to receive similar responses from each source, with one intelligence source providing a very coherent (albeit disturbing) scenario rooted in the current politics of the Middle East.

It appeared that I was a bit behind the curve about the very real threat of a false flag event taking place at the Olympics. To clarify the definition of false flag, I’ll also include the passive act of looking the other way, allowing an event to occur, or permitting just enough of something to happen that it would capture the attention of the world. It certainly does not need to be on the scale of 9/11, but could very well have similar consequences. Consequences that could lead to global war. Despite looking at and assessing this information daily, I was just not thinking big enough. The following should provide you with the information and scenario that seems to put everything into perspective.

More…

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Controversial Proposal for Tackling Greek Unemployment: Slavery

Posted on January 24, 2014 by DRenegade

e

Centre of planning and Economic Research in Greece has proposed a controversial measure in order to deal with the problem of increasing unemployment in the country.

The measure includes unpaid work for the young and unemployed up to 24 years old, so that companies would have a strong motive to hire young employees. Practically, what is proposed is the abolition of the basic salary for a year. At the same time the “export” of young unemployed persons was also proposed to other countries abroad, as Greek businesses do not appear able to hire new personnel.

More…

h/t Zerohedge.com

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I can see this coming to America when the entitlements are cut off.

David DeGerolamo

Posted in Editorial | Comments Off on Controversial Proposal for Tackling Greek Unemployment: Slavery